Sunday, February 28, 2010
I have 40000$ .....?you thing is enough to have wedding and buy House?
my credit is decent?
he home value about 140000I have 40000$ .....?you thing is enough to have wedding and buy House?
The down payment on that home could be anywhere from $4000 to $11000 or more depending on the percent required for the loan. So you would have enough to cover the down payment, but in order to have the wedding too you would have to decide how much you want to spend on it. The other thing to keep in mind is the monthly mortgage and other bills that come along with owning a house! Such as closing costs and any improvements you would like to make to the house!I have 40000$ .....?you thing is enough to have wedding and buy House?
You should sit down with your fiance and your mortgage provider and ask this question to them.
Some people feel comfortable and are financially able to buy a home with no money down. Others need a down payment. There are also other costs involved in buying a home (repairs, moving fees, taxes, inspections, Realtor's fees (if any)) that you need to consider beyond the mortgage payment.
For some people, $40,000 is their wedding budget. If this is you and you need any amount of money for the home, then obviously it is an impossibility. If you can manage a wedding for $10,000 and put $30,000 towards the house and live comfortably with that, then of course it will work for you.
Well, depending on what way you look at it $500 is enough to get married and buy a house. I've heard of people who have gotten married on just the $100 it costs for the marriage license and other processing charges. We bought a $140,000 house and had 100% bank financing (couldn't have put down a down payment if we wanted to since it was a special first-time buyer program for people with good credit). Otherwise if you don't qualify for something like that banks normally like 15% or in your case 21,000. Add on the $5,000 in closing costs (not to mention possible other costs) and you're left with $10,000 for the wedding. Whether or not that's enough is completely up to you.
Yes, but almost all the money should go towards the house. Nowadays it's hard to put down less than 20% (more is better of course). And don't forget lawyers fees, brokers fees and so forth. And the moving costs, furniture, any renovations/repairs, insurance, etc.
You can have a wedding with the rest. Even if the remaining amount is only $100. Really all you need is a marriage license and an officiant (maybe get married in City Hall) with a witness or 2 or how ever many are required. Wear the nicest outfits you have instead of buying/renting ones. Take pictures and video with digital cameras you already own. You don't even need rings (tell the officiant you're skipping that part) or if you do want rings, you can get ';fashion'; rings for a nominal price (I saw some gold plated wedding bands on sale for $24.95 once) Maybe some cake and punch and some finger foods (pot luck?) at home if you like. Basically a small, intimate wedding.
You'll be just as married as if you spent the entire amount on a wedding (and probably less stressed; and you get bragging rights - ';We had a wonderful wedding for less than $__)
And if you still want a wedding with all the bells %26amp; whistles, consider a vow renewal ceremony/reception years from now when you can afford it.
Best of luck!
Here's some free life secrets...
%26gt; The cheaper the wedding, the more you get to spend on the honeymoon.
%26gt; The wedding is weeks of planning and only ONE day of play. Most of the time you're too tired at the end of the day to ';play'; on the wedding night.
%26gt; The less you put down on the house, the more your write offs are for taxes. Take what money you might have used for a down on the house and pay OFF the credit cards. You'll save more on NOT paying interest and fees than you'd save on using it as a down.
%26gt; Only pay extra on the house payment after 1/4 of the time has passed. (i.e. ~7yrs on a 30 yr loan). Only then are the benefits used wisely.
%26gt; You only need ONE Visa card. Even if it's a Visa-check card that draws straight from your account.
%26gt; If you MUST have more than one Visa. Have a low limit and only use ONE for internet purchases.
I may have gotten off track a bit but I was on a roll, sorry.
Yes, if you elope or have a courthouse wedding. You'll be close to $30K with just a 20% down (and that's without closing costs, commission, etc.) And you need cash for other work (paint, roof, electrical, plumbing, carpet, landscaping etc.)
Enough to put a decent deposit on the house.. IF you plan a modest wedding, don't go overboard, if that is the amount of money you have I would say no more than $5000. should be spent on your wedding, you will be thankful for the low mortgage payments!
Not really. Probably enough for a decent downpayment and costs associated with buying.
Depends how big you want your wedding to be. Weddings can be $50-well over 40,000.
what I know ,I can recommend a cheap and good quality wedding apparel website.you will save a lot by it.
depends, could be..Not enough to buy the house but enough to put deposit down and get a mortage.
if your moving to mexico.
Sorry don't think so.
No.
Spend most of the money on the house. My wedding cost less than $1000.
I am selling my home in Oberlin Ohio - 2 y/old house, do you know a company that buy houses?
Look in your yellow pages, they are out there. But realize they are going to pay you well below market value and prey upon people who are very close to foreclosure who have little to lose anyway. You are better off just lowering the price of your house and keep some equity if any exists.I am selling my home in Oberlin Ohio - 2 y/old house, do you know a company that buy houses?
I'm not sure of those companies that buy houses. But I can find you a licensed company to help you sell your house.I am selling my home in Oberlin Ohio - 2 y/old house, do you know a company that buy houses?
I'm a Northeastern Ohio REALTOR... I don't know of any investors looking to buy right now, but if I do, I could let you know.
Contact me and give me your particulars, etc.
I'm not sure of those companies that buy houses. But I can find you a licensed company to help you sell your house.I am selling my home in Oberlin Ohio - 2 y/old house, do you know a company that buy houses?
I'm a Northeastern Ohio REALTOR... I don't know of any investors looking to buy right now, but if I do, I could let you know.
Contact me and give me your particulars, etc.
My husband and I have good scores..can we buy house now?
my midle score is 629 and my husbands is 687...can we purchase a home now....or wait until credit goes up cause we want a good interest rate with a 30 ye fixed arm...we found a house 8 years old for 149,000 and a house that is 2 years old for 139,000
3 minutes ago - 4 daysMy husband and I have good scores..can we buy house now?
yes an FHA insured mortgage can work for you so see a mortgage professional as to just how much home you can buy as the debt to income ratio is very important
I am a mortgage banker in TNMy husband and I have good scores..can we buy house now?
do you have the down payment? and I believe due to the recent faux pas in the mortgage industry, a required 10% is again the norm
also would your payments be 25% of your income?
if you think you have some basis, apply, the worst they can say is no
If you can make a 20% down payment and have an annual income of about 1/2 what the mortgage will be you have a decent probability of getting a mortgage. My advice is to buy now if you can while house prices and interest rates are at their lowest point in many years. If your credit score goes up in a year or two you can look into refinancing at a lower interest rate.
you need 3.5% for FHA plus about 3% more in closing costs. if you have the cash go for it now while rates are down.
you could get into an FHA loan with a minimum 3.5% down paymentt. Interest rates are at an all time low.loan
3 minutes ago - 4 daysMy husband and I have good scores..can we buy house now?
yes an FHA insured mortgage can work for you so see a mortgage professional as to just how much home you can buy as the debt to income ratio is very important
I am a mortgage banker in TNMy husband and I have good scores..can we buy house now?
do you have the down payment? and I believe due to the recent faux pas in the mortgage industry, a required 10% is again the norm
also would your payments be 25% of your income?
if you think you have some basis, apply, the worst they can say is no
If you can make a 20% down payment and have an annual income of about 1/2 what the mortgage will be you have a decent probability of getting a mortgage. My advice is to buy now if you can while house prices and interest rates are at their lowest point in many years. If your credit score goes up in a year or two you can look into refinancing at a lower interest rate.
you need 3.5% for FHA plus about 3% more in closing costs. if you have the cash go for it now while rates are down.
you could get into an FHA loan with a minimum 3.5% down paymentt. Interest rates are at an all time low.
If I buy house in USA (cash), can I get green card ?
Either marriage or the military - home sale won't get it for you.If I buy house in USA (cash), can I get green card ?
In some countries, if you invest a lot of money, you can live there. Belize is like that, I think. I think Canada used to be like that. I don't think the U.S. is like that. In the U.S., if you are from a country that the U.S. fought, you can come (examples, Vietnam, Iraq). Cubans can come easily, all they need to do is set foot on land. People from Haiti, which is near Cuba, are sent back.If I buy house in USA (cash), can I get green card ?
Property ownership is not a condition that gets you a green card.
No, and marrying someone doesn't get you an automatic greencard either.
No, but if you marry someone you can.
Not until you satisfy all the requirements. Home ownership is NOT one of them.
shouldnt you get a green card before coming here or are you just visiting?
One has nothing to do with the other........
In some countries, if you invest a lot of money, you can live there. Belize is like that, I think. I think Canada used to be like that. I don't think the U.S. is like that. In the U.S., if you are from a country that the U.S. fought, you can come (examples, Vietnam, Iraq). Cubans can come easily, all they need to do is set foot on land. People from Haiti, which is near Cuba, are sent back.If I buy house in USA (cash), can I get green card ?
Property ownership is not a condition that gets you a green card.
No, and marrying someone doesn't get you an automatic greencard either.
No, but if you marry someone you can.
Not until you satisfy all the requirements. Home ownership is NOT one of them.
shouldnt you get a green card before coming here or are you just visiting?
One has nothing to do with the other........
Is it safe,good to buy house in singapore..?
many ppl prefer MalaysiaIs it safe,good to buy house in singapore..?
go USIs it safe,good to buy house in singapore..?
yes as long as the global warming do not come too sudden
it is still an island with too many reclaimed area
yes, of course it is safe to buy a house in Singapore, but i guess for a foreigner, they can only buy private property, unless they are Singapore PR, 88db website has list of private residential property for sale, and if you intend to buy a house in Singapore, i'd suggest get a housing agent to guide you more, so you won't get cheated
it is better to buy in Australia
Better to buy in CHINA ...
hmmph .... :(
why ?
of all places
no, not in singapore
Foreigners can only buy condominium units. Those around the Orchard Road and Marina Bay areas are very expensive. Get those at Marine Parade area which have potential. No major floods, typhoons, hurricanes, earthquakes, etc ---so very safe. Engineering and construction standards very high and no condos have collapsed so far. Property still cheaper than in Hong Kong, Shanghai, Tokyo. Happy buying!
Australia better
if you are a foreigner there are some restrictions to owning a home in singapore. check out http://www.ura.gov.sg/homeowner/overview鈥?/a>
prices of homes in singapore are relatively high as land is scarce. most homes are of leasehold status (99 yrs, 999yrs), which means that after the stipulated lease period the title reverts to the land owner - which is typically the government. freehold properties are usually priced at a premium.
the current realty market in singapore, i believe, is still at a high. although i forsee it declining in the next few years when the market reacts to the US and Japan economic problems. so my take is to wait and watch for now but track the prices.
well, best of luck!
r u serious ??
singapore is safe, no natural disasters, hardly any burglaries
UNLIKE china were whenever you eat food or wear clothes bought from there, you worry wether you are eating cardboard or if you going to explode
Yes, it is safe and good to buy house in Singapore.
go USIs it safe,good to buy house in singapore..?
yes as long as the global warming do not come too sudden
it is still an island with too many reclaimed area
yes, of course it is safe to buy a house in Singapore, but i guess for a foreigner, they can only buy private property, unless they are Singapore PR, 88db website has list of private residential property for sale, and if you intend to buy a house in Singapore, i'd suggest get a housing agent to guide you more, so you won't get cheated
it is better to buy in Australia
Better to buy in CHINA ...
hmmph .... :(
why ?
of all places
no, not in singapore
Foreigners can only buy condominium units. Those around the Orchard Road and Marina Bay areas are very expensive. Get those at Marine Parade area which have potential. No major floods, typhoons, hurricanes, earthquakes, etc ---so very safe. Engineering and construction standards very high and no condos have collapsed so far. Property still cheaper than in Hong Kong, Shanghai, Tokyo. Happy buying!
Australia better
if you are a foreigner there are some restrictions to owning a home in singapore. check out http://www.ura.gov.sg/homeowner/overview鈥?/a>
prices of homes in singapore are relatively high as land is scarce. most homes are of leasehold status (99 yrs, 999yrs), which means that after the stipulated lease period the title reverts to the land owner - which is typically the government. freehold properties are usually priced at a premium.
the current realty market in singapore, i believe, is still at a high. although i forsee it declining in the next few years when the market reacts to the US and Japan economic problems. so my take is to wait and watch for now but track the prices.
well, best of luck!
r u serious ??
singapore is safe, no natural disasters, hardly any burglaries
UNLIKE china were whenever you eat food or wear clothes bought from there, you worry wether you are eating cardboard or if you going to explode
Yes, it is safe and good to buy house in Singapore.
Planning to buy House and Lot in Philippines...?
does anyone here wanna share suggestions... in Where is the best place to have house? and is it Safe? I kinda thinking about manila but i feel 50/50 bcuz its kinda surrounded by bad people... you know those snatchers, etc., dont wanna risk my and hubby's life hehe...
Thanks guys in Advance....Planning to buy House and Lot in Philippines...?
Try Baguio City or some of the island or places with a lot Expats. (Dumaguete City, Bantayan Island,Cebu, Bohol...) Always make sure that there's a nearest hospital nearby for health reasons.
(--,)
Check out this website:
http://www.livinginthephilippines.com/co鈥?/a>Planning to buy House and Lot in Philippines...?
you should but the house and lot in a gated community or go to the province, the only disadvantages of having a house in the province you can't access things easily.
wherever you go there will always be danger.
You didn't specify what kind of environment you want to live in. If you want a business district Makati, Alabang is the right place for you. If you want scenic spots with nice view, then Baguio, Tagaytay are the favorite locations. Inside a subdivision you are surrounded by perimeter fences and gates are manned by security guards, so it's relatively safe
The question is how much is your budget? We have residences %26amp; condos that range from 100k USD and up with everything at your reach, of course the environment is classier and way less dangerous as the prices go up. If you can afford it you don't have to worry about ';snatchers'; because of the location you rarely encounter snatchers, you encounter salisis or kidnappers, but again since security is better that too is seldom.
here at Baguio City, the people are petty nice, the city has the lowest crime rate in the Philippines and the climate is cool.... we can be neighbors i live here at suello village, nice neiborhood....
the best place would be cebu. try kishanta and look up their website. developed by aboitizland and a good deal. just got one for investment purposes.
not Baguio! we are overcrowded already here even in La Trinidad. And there are so many real estate scams 'coz of the number of people who want to have a residence here.
why not try Palawan, Laguna-Batangas, Quezon. Sure bet is Batanes 'coz it's proven that people there are real honest. the only catch would be the number of tropical storms passing by there. he he he...
There are plenty of nice clean and safe gated subdivisions here in Iloilo and in Bacolod City. Here in Iloilo you can have a nice house abt 200sqm floor area for 3 mil pesos and the land will cost btn P 2,000 to P 5,200 Psm. I live in the Visayas in Iloilo City for the past 5 years. It's a nice small city with very little crime or pollution. Bacolod City is also a nice place worth checking out .
baguio city would be one of the best, Climate is cool, but i think, it was already over crowded. another one in manila area would be in Las pinas city. Cebu in visayan region is also good particularly in Mactan City. Or In Malaybalay Bukidnon, it is also a peacful place. try to contact a real real estate agent and don't believe to those asking here if you want a house n lot in the philippines. You may have idea who she is. in fact, she has a posting just this few days. coz, once you said that you're interested, she will tell you that she's going to recommend you to her friend... hehe Have a hint?
Thanks guys in Advance....Planning to buy House and Lot in Philippines...?
Try Baguio City or some of the island or places with a lot Expats. (Dumaguete City, Bantayan Island,Cebu, Bohol...) Always make sure that there's a nearest hospital nearby for health reasons.
(--,)
Check out this website:
http://www.livinginthephilippines.com/co鈥?/a>Planning to buy House and Lot in Philippines...?
you should but the house and lot in a gated community or go to the province, the only disadvantages of having a house in the province you can't access things easily.
wherever you go there will always be danger.
You didn't specify what kind of environment you want to live in. If you want a business district Makati, Alabang is the right place for you. If you want scenic spots with nice view, then Baguio, Tagaytay are the favorite locations. Inside a subdivision you are surrounded by perimeter fences and gates are manned by security guards, so it's relatively safe
The question is how much is your budget? We have residences %26amp; condos that range from 100k USD and up with everything at your reach, of course the environment is classier and way less dangerous as the prices go up. If you can afford it you don't have to worry about ';snatchers'; because of the location you rarely encounter snatchers, you encounter salisis or kidnappers, but again since security is better that too is seldom.
here at Baguio City, the people are petty nice, the city has the lowest crime rate in the Philippines and the climate is cool.... we can be neighbors i live here at suello village, nice neiborhood....
the best place would be cebu. try kishanta and look up their website. developed by aboitizland and a good deal. just got one for investment purposes.
not Baguio! we are overcrowded already here even in La Trinidad. And there are so many real estate scams 'coz of the number of people who want to have a residence here.
why not try Palawan, Laguna-Batangas, Quezon. Sure bet is Batanes 'coz it's proven that people there are real honest. the only catch would be the number of tropical storms passing by there. he he he...
There are plenty of nice clean and safe gated subdivisions here in Iloilo and in Bacolod City. Here in Iloilo you can have a nice house abt 200sqm floor area for 3 mil pesos and the land will cost btn P 2,000 to P 5,200 Psm. I live in the Visayas in Iloilo City for the past 5 years. It's a nice small city with very little crime or pollution. Bacolod City is also a nice place worth checking out .
baguio city would be one of the best, Climate is cool, but i think, it was already over crowded. another one in manila area would be in Las pinas city. Cebu in visayan region is also good particularly in Mactan City. Or In Malaybalay Bukidnon, it is also a peacful place. try to contact a real real estate agent and don't believe to those asking here if you want a house n lot in the philippines. You may have idea who she is. in fact, she has a posting just this few days. coz, once you said that you're interested, she will tell you that she's going to recommend you to her friend... hehe Have a hint?
How to prepare to buy house?
i am wanting people's advice on what to do prepare to buy a house. i want to buy a house in about 12 months within the 150k to 250k price range, currently i have a credit score of 650ish will have 20k or 30k down payment with a yearly salary of 120k.How to prepare to buy house?
You seem to be in a very good shape already to buy a house. If you don't want to buy now (depending on the area, I would strongly suggest to reconsider since prices are very low right now and so are interest rinterestu might want to start ';house shopping'; now
However If you don't want to buy before 12 month from now, I would suggest that you drive through certain areas where you would like to move to. Talk to neighbors, check out the locations, check out the infra structures (central water and sewer vs. well and septic) - use the time until you are ready to buy to really find the area where you would like to be.
You can always change a house (color, rooms, pool, and so fort) but you can never change the area.
Once you found ';your'; area, continue coming back, continue talking to the neighbors, go to local restaurants and shops, get familiar with it. And who knows may be you run accidently iaccidentaldream home';. Talk to a local Realtor and ask him or her to keep his or her eyes open for you, tell him/her what you are looking for - and then be ready to move on a home in your area as soon as it meets your criteria.
Just one advise - the most important rule in Real Estate is always ';Location, Location, Location';How to prepare to buy house?
If you have any debts pay them down as much as you can. Check your credit report. You can request your credit reports from all three of the national agencies at www.annualcreditreport.com. Type this URL carefully because several other sites will try to sell you other things.
Most people's credit reports contain errors. A 2004 study showed that more than 70% of consumers' credit reports had significant errors and 23% of the mistakes were enough to result in denial of credit. Check yours and work to correct any mistakes with the agencies and with any company that is providing them with bad information.
Your score is high enough that you probably don't have to worry about denial of credit but a better score will qualify you for better mortgage programs and, therefore, cost you less in interest which results in a lower monthly payment.
Definitely, do find a good buyer's agent. Don't worry about letting them show you homes listed by their office, though. A quality agent will represent you 100% and be your effective advocate regardless of whether the home you want is listed through another agent with the same company.
The best agents will provide you will all the information about all listings that match your criteria from every real estate company. You should be in complete control of deciding which houses to view.
However, the other answer is partially correct, if you should decide to make an offer on a home listed by your agent, find another agent to represent you on that transaction. Nobody can represent two opposite sides as well as you deserve.
I would be glad to help you find a great buyer's agent. Just contact me if you would like a referral for the type of agent I recommend.
find a buyer's agent or an exclusive buyer's agent and
never let your agent also rep the seller or show you a lisitng
from their office
You seem to be in a very good shape already to buy a house. If you don't want to buy now (depending on the area, I would strongly suggest to reconsider since prices are very low right now and so are interest rinterestu might want to start ';house shopping'; now
However If you don't want to buy before 12 month from now, I would suggest that you drive through certain areas where you would like to move to. Talk to neighbors, check out the locations, check out the infra structures (central water and sewer vs. well and septic) - use the time until you are ready to buy to really find the area where you would like to be.
You can always change a house (color, rooms, pool, and so fort) but you can never change the area.
Once you found ';your'; area, continue coming back, continue talking to the neighbors, go to local restaurants and shops, get familiar with it. And who knows may be you run accidently iaccidentaldream home';. Talk to a local Realtor and ask him or her to keep his or her eyes open for you, tell him/her what you are looking for - and then be ready to move on a home in your area as soon as it meets your criteria.
Just one advise - the most important rule in Real Estate is always ';Location, Location, Location';How to prepare to buy house?
If you have any debts pay them down as much as you can. Check your credit report. You can request your credit reports from all three of the national agencies at www.annualcreditreport.com. Type this URL carefully because several other sites will try to sell you other things.
Most people's credit reports contain errors. A 2004 study showed that more than 70% of consumers' credit reports had significant errors and 23% of the mistakes were enough to result in denial of credit. Check yours and work to correct any mistakes with the agencies and with any company that is providing them with bad information.
Your score is high enough that you probably don't have to worry about denial of credit but a better score will qualify you for better mortgage programs and, therefore, cost you less in interest which results in a lower monthly payment.
Definitely, do find a good buyer's agent. Don't worry about letting them show you homes listed by their office, though. A quality agent will represent you 100% and be your effective advocate regardless of whether the home you want is listed through another agent with the same company.
The best agents will provide you will all the information about all listings that match your criteria from every real estate company. You should be in complete control of deciding which houses to view.
However, the other answer is partially correct, if you should decide to make an offer on a home listed by your agent, find another agent to represent you on that transaction. Nobody can represent two opposite sides as well as you deserve.
I would be glad to help you find a great buyer's agent. Just contact me if you would like a referral for the type of agent I recommend.
find a buyer's agent or an exclusive buyer's agent and
never let your agent also rep the seller or show you a lisitng
from their office
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