Archive for December, 2009

Investment in property?

property crash

Hi, i would be grateful for some advice. I have some money sitting in the bank and am really tempted to invest in property rather than watch me fritter it away to nothing. What concerns me is the inflated market prices and the obvious worry that i’ll buy something to let then end up with a load of negative equity (which i suppose is what the gamble is all about). I was considering off plan investements where the deposit is lower and obviously the purchase price is a lot lower than the going market rates for nearby properties. Any ideas….better to hold out for the big crash or buy buy buy as the prices are still rising?? Any advice would be welcome.

Sell and Rent Back
rent property sale

Can you let me know if I am still required to pay rent to my landlord, when the property is going up for sale on 7/29/09?

Quick House Sale
secured loan

I had to quit my job to stay home and care for my son who has CP. He had 2 big surgeries in two weeks time. One to correct complications from the first. So we have now lost one income and have new large medical bills rolling in. We are getting really far behind and our credit is now down the tubes. Does anyone no where we can get a secured personal ie meaning we have some collateral?

Rent Back

will property prices in the uk crash?

property crash

i have 4 houses and im looking to buy a 5th but im unsure now

Sell and Rent Back
rent property sale

I have 2 rental properties both of which are in danger of being forclosed. I have trid to sale and to rent to them to no avail. I have heard of deed in Lieu of foreclosure. How does this work? I do own one other property which has some equity. Will bank take deed in lieu of foreclosure and forgive any remainging debt or will they go after me for any shortage?
Thanks for the responses so far.
I have the properties on the market and have had no offers. Even willing to sell $20,000 below what I paid which will be a net lose of $40,000.00 There are a ton of similar properties on the market, very few are actually selling and more are coming on the market. I have run out of cash. This looks and feels like doom.

Quick Property Sale

Interest Rates/Market Crash?

property crash

I’m looking to possibly buy my first property later on this year but have heard conflicting rumours about interest rates rising and a possible market crash in the near future…. does anyone have any opinions as to the future state of the housing market??

Rent Back Fast
rent property sale

We recently re-signed our lease for a 1 year term beginning Aug 1 06, shortly thereafter, our landlord placed the property up for sale. Our property is zoned commercial and I think that’s why he did so. Should someone other than a prospective landlord purchase the house, where does that leave our lease?

Quick Property Sale
secured loan

Just a list of secured loan providers would be nice!

Quick Property Sale
property crash

When i tried to run software that i stored on the disk, it suddenly crashed and my monitor was blacked out… when i restarted the pc i got the message that my ipod needed to be formatted to run with windows and the disk was empty when i checked the properties and the file system was labled RAW. I don’t care about the music, i want all the software “1.5Gb” from my ipod disk and many useful documents on it.

Sell House Quick
property crash

my husband and i are starting a busines as painting contractors and soon after in the general construction, but we’ve been wanting to buy property to remodel and turn a flip it, but everyone’s telling me it’s not a good time to buy, that soon the economy will crash down and we’ll be upside down between the loan amount and selling price…plz help.

Sell House Quick
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