TransUnion is reporting in a recent release that due to demand for rental units after the wave of foreclosures rental prices have actually increased. For apartment complexes of more than 201 units, sixty four percent of property managers reported an increase over last year for apartment rent. “Finding reliable tenants at an optimal price point …
“Dear Andy, Our house recently appraised for $200K, we owe $225K, our rate is adjustable but only 3% right now (adjusts again yearly, maximum 2% increase annually). We’re likely to move in the next few months, but think we should hang on to this house and rent it out for a while (we have some …
BOUGHT MANUFACTURED HOME WHICH WAS THEN PLACED IN A PRIVATELY OWNED SUBDIVISION. WE OWN HOUSE, NOT LAND IT I SETS ON; PAY RENT ON LAND IT SETS ON. WE HAVE A MORTGAGE, NOT AN INSTALLMENT LOAN ON THE HOME. OUR LOAN HAS BEEN SOLD 2 OR 3 TIMES. WE ARE NOT BEHIND; WE ARE NOT …
Krystle “Dear Steve, I’m 21 years old, and live in California. I purchased my first home at the age of 19 and while that gives me a great sense of pride what does not leave me feeling good is my excessive credit card debt. I began snowballing the debt right after I bought the house. …
“Dear Steve, My husband and I are in our early 40s. I am a stay at home mom, we have three kids, ages 1, 2 and 3. We have $190,000 in retirement funds (IRAs and Roth IRAs). We have $160,000 in mortgage debt (3.75% 15 yr term). We have no emergency savings account, no other …
If you’ve had credit problems in the past, you may find it difficult to rent an apartment through traditional means. Many rental agencies and some private landlords do “credit checks” before renting, and a poor payment history can hold you back from getting the place you want. But don’t give up! You do have options, …
“Dear Steve, I just bought a home with a fha loan. the previous owner had renters in the home per our contract they had 60 days to vacate the home. I just found out I will be losing hours from work but will not be laid off, can i keep the renters in the house …
“Dear Steve, I lost my job in 2007 at the beginning of this downturn and I am still unemployed. I am almost 59 years of age. Which I believe is why I am not being hired. My spouse WAS planning on retiring in March 09. We have two homes. Our original plan was to sell …
“Hi Steve, My husband and I are trying to decide if it makes sense to sell our home and rent for a while to pay down our credit card debt. We have $78,000 in credit card debt – we have been using the credit cards to cover the gap between our expenses and our earnings. …
“Hi Steve, Im finally on the right financial track since I am starting to pay off my $20,000 credit card balance since I stopped using the card and am now paying more than the minimum due. Also, I just started contributing to the retirement plan at work as well and also started putting a little …