The issue isn't us as borrowers... It's the house. The house is part of a coop/co-housing setting. We'd be buying the house, but the land it sits on would remain owned by the co-op. Mortgage? [more inside]
So I got engaged and bought a house with my fiancee. We lived together for a couple of years but it did not go well and she moved out. So I'd like to keep the house but do that I'll need to get her off the mortgage and off the deed. [more inside]
How much of a bad idea is buying a car a month or so before buying a house? [more inside]
My husband died recently. We were together for decades and have school-age children. His passing involved severe trauma, and we have social support and frequent therapy appointments to get us through the turmoil. Emotionally, we're holding up. My question is about getting our affairs in order. [more inside]
Underwater mortgage + growing family in small house = terror. How can we plan to get out of this situation in three years? [more inside]
Assuming that you could buy a house outright, for cash, why would you get a mortgage? A conversation got me researching this recently. Many articles suggest that if the interest rate is low, a mortgage is better. Yet I can't for the life of me figure out why paying low interest is better than paying no interest. A person with a 30-year mortgage usually ends up paying about 2 times the principal. School me, financial mefites. FYI: this is just a curiosity. I'm in no position to actually do this in reality.
Nyxie and I have started looking at condos and townhouses and maaaaybe small Actual Houses in Toronto and I want to know what I'm doing. My usual approach to that problem is "well, read a lot". [more inside]
Our house in the Chicago suburbs has been on the market for a year, and isn't selling. Should we drop the price till it hurts even more, or try to rent it out and hope the housing market doesn't fall even more? [more inside]
Why do I feel so weird about owning this home? [more inside]
How should we handle liquidating assets in an estate in the USA right now? Assets consist primarily of a stock portfolio and a house. [more inside]
How should I select a financial planner? Should I find a fee-only or commission-based planner? $150-$200/hour seems like a lot of money to me. [more inside]
Family of four, moving to Bay Area, making $115K. Is this crazy? [more inside]
You can use your Roth IRA for your first time home purchase (up to 10k). However, you must have the account open for 5 years. How is account defined? [more inside]
Should we save for down payment or pay off our student loans? and what about retirement? [more inside]
TaxFilter: Do I meet the "unforeseen circumstances" requirement of the Taxpayers Relief Act for capital gains on my house? [more inside]
New Home Filter: I just bought my home, and want a fence for the back yard. I've received a couple of estimates, but don't want to pay cash, preferring to keep cash on hand for an emergency. Would a loan to finance be better, or a credit card? Are there other options? I plan to pay off within a year.
So yesterday my wife — Ms. We're-Not-Moving — found a house closer to Portland that she loves. We both love it. The only offer we can make, though, is contingent upon selling our home, which we hadn't even considered until yesterday. Help! Does anyone have experience with this kind of thing? What can we do to make a contingency offer more attractive? What about bridge loans? Anyone have experience with those? I need advice on hurried real estate transactions (other than "don't do them").