I'm just starting to consider buying a first home - it will be an apartment in Canberra Australia but this, plus a basic budget is as far as I have got. Just wondering what do you wish you had known before buying your first home? What did you do that worked out well for you?
I'm hoping for help in imagining what my body and my needs will be like when I'm retired, in 30+ years' time, as I look for a home or a piece of property. The lifestyle things are obvious--a garden, proximity to friends/family/community, room for houseguests--but what else about the physical property ought I keep in mind? [more inside]
Is it generally wise to tell anyone such as your friends that you have bought a house? It is specifically for an investment to rent out to tenants. Or is it generally not a good idea? Or it doesn't matter?
I’m single, in my late 20s, living in Toronto. My family thinks it’s time for me to buy property and has generously offered to give me enough money to put down a 25% down payment. I’m feeling slightly overwhelmed and hesitant, for a few reasons. I'm at the very beginning of thinking about this so I'm probably missing some fairly obvious things. Please help me think through this. [more inside]
Due to a mediated agreement in divorce proceedings, I'm faced with either refinancing or selling. I planned on selling the house soon anyway, but now my ex-partner is pushing to have it refinanced IMMEDIATELY. Looking for advice...lots more details beneath the fold. [more inside]
When my mom passed about 6 1/2 years ago, the only thing left was the house we grew up in. She died right before the crash when the value was lowest, and while there was no rush, it took about three years before I tried to do anything with it. [more inside]
If I wanted to buy a house or condo in a distant state as an investment, and I had an opportunity to buy a place outright, with tenants and leases already in place, should I? How about outright but sans tenants? More info within. [more inside]
It's been a few months since I bought my house, and I've received a questionnaire from the local assessor asking for details about the property. I plan to answer all the questions truthfully to the best of my knowledge and ability. Beyond that, do you have any advice on responding? [more inside]
I'm in a pickle - I own a house that I've been renting out for several years but things recently soured with the tenants and property managers and it is now vacant. Listed for sale but market is painfully slow - should I hold out for a buyer or list it for rent again? [more inside]
My mother has suddenly got into a position where she cannot afford to keep up payments on her mortgage since retiring. The amount left she has to pay is £14,000. I have a mortgage of £72,000 left to pay on my own house. How do I go about tacking the £14,000 onto my own mortgage and swapping houses so she lives in my place mortgage free and I have her house with an increased mortgage? (Bonus points for a super easy fix for all this!)
I currently jointly own a property in the US, that both parties agree I should take sole possession of. I would like to get a realistic appraisal value, in order to buy out the other person. Is there anything particular that I should discuss with a potential appraiser when I contact them? Thanks! [more inside]
My flat has been on the market forever, and nothing has worked out. Advice and encouragement requested. [more inside]
Are foreclosed homes cheaper? And how would you go about buying your very first home? [more inside]
I am buying a house and the roof is questionable. There were missing tabs all over. A roofer came out and did minimal repairs at the current owners' expense but he says the roof has "2 to 5 years" left, maybe, depending on weather (we live in the midwest). Would it be reasonable to ask for a reroofing allowance in purchasing this house? [more inside]
I need to get a boundary survey on my residential property in Toronto. I've called several surveyors but have only heard back from one, who says it'll cost $900 and take two weeks to perform. Is this normal? Seems pricey and lengthy for an 18' x 100' rectangular lot. Any recommendations for surveyors in Toronto?
Since Google Maps ended its real estate search function in February 2011, have any of you found a good replacement? I can't find anything like it. [more inside]
Should I buy a house in Bristol, UK, or wait? I have a 100k deposit, and a 100k mortgage in principle. Should I buy a house or flat in Bristol UK? I am single, 32, more or less happy renting, and have no reason to buy other than a sense of cultural obligation, boredom with renting, and available cash. There is nothing tying me to Bristol, if you have any golden location tips I'm willing to travel.
What are the possible consequences of correcting the age of my house on the deed? [more inside]
How to deal with the guilt of leaving a spouse with a house they can't afford? [more inside]
I'm thinking of buying a one bed flat for around 130k in Brighton or Bristol, UK. I have a 50k deposit. I am not committed to any area (or country for that matter) and I have no emotional need to own a house. But if it makes financial sense, I am in a position to do it. But does it make financial sense to buy? Everyone apparently says yes, but I don't understand the maths. If prices stay flat, for instance, would it not make more sense to rent and invest the money elsewhere? I'm really thinking short term, would I be up in, say, 10 years, if everything stays fairly steady. I can't really make the mental leap to factor in the benefit of owning the house in 25 years....
Help me verify the existence of hongza - are the "Unlucky Houses" of Hongkong for real? [more inside]
Are there un-buildable lots? I have read up on a similar question but that was about how expensive the known-to-be-buildable lots are. My question is if I see a lot listed that is "virgin" vacant never had a srtucture on it, how likely is it that no one could build on it? [more inside]
Say I want to buy some cheap land in the Los Angeles area: where would I find such a listing online? [more inside]
Seattle region filter: We are new residents of Seattle, from New Jersey, enjoying our exploration of this wonderful city. We are house-hunting and have narrowed down our choice of neighborhoods. Any opinions or advice? [more inside]
Buying property with a water view... How can I confirm that the nice view will remain unobstructed over the years?
We are house-hunting in the Seattle area. Looking at property with water views. Willing to pay the higher price that comes with a view. But I'm reading some horror stories about how a neighbor will build a tower in front of your view, or neighbors who refuse to trim their tall shrubs. And then your view is obscured and your property value drops. How do I research this? How can I know if the viewshed is protected or not? What sort of monitoring would I need to do over the years? I will ask my realtor to research it, but I'd like to hear from people with experience with this issue.
After 14 years living in our small farm house a once-agricultural town in Connecticut our family has had to move on. Despite the markets leaning we did make a profit and would like to reinvest it as quickly as possible. As far as what we desire out of a location, we wouldn't like to go any farther north but have no real desire to stay in the state and would consider moving out of New England for the right reasons. [more inside]
What the heck is a "Schedule A" in real estate? [more inside]
Are there any agencies to help people exchange properties / relocate in the US (i.e. from one state to another)? Do large organizations HR help their employees? Is it something the Government does to help out? [more inside]
I'm planning on buying a house with my SO. We will contribute different amounts to the down payment and the monthly payments. How do we calculate how much of the resultant property each of us owns, especially when we don't know how the property will (or will not!) appreciate? [more inside]
UKPropertyFilter: I'm in the process of buying my first house. Can anyone offer the wisdom of their experience of employing a conveyancer? Specifically I'm interested in using a local firm of solicitors/conveyancers vs. using the cheaper on-line alternative. [more inside]
I'm interested in stories about living in apartments where something bad has happened. Apartments with gnarly histories. Murders, suicides, 'haunted' apartments, whatever. Did it affect the value? Did you learn about it only later? Did you hire an exorcist? Did a new paint job suffice? etc. Anyone have such stories, or know of such?