Where can i get a deposit to rent a flat in londonderry?
Answers: Have you considered work?
Generally you have to place a deposit before you decide to rent an apartment. A deposit is a guarantee for the landlord that you have the money to cover any damages of the property. You must have that already before trying to rent an apartment... there is therefore no other choice but work hard and save money though...
Good luck
Earn it.
Is it worth buying a house right now? or am i better off waiting a year or two?
Answers: Wait a year. Now is not a good time to purchase a home.
My husband and I are on the search. Why should we keep renting when it's cheaper to buy and interest rates are so low.
Make sure you get a fixed conventional loan, and if you can't afford it, then you can't afford it. Just because you're approved for a $150,000 home doesn't mean you can afford it.
So many people on here think they know. But we don't. We don't know because we have no clue as to your situation, current living arrangements, employment, financial status, etc.
Now if all is well with you and you are in a financial position to purchase a home, but all means begin the process now. First talk with several lenders and find out what mortgage programs are available and which ones might work best for you. Once you're pre qualified, then find a good Realtor in the area you want to live. And let them help you with the transaction to closing.
Because the industry has been in a downturn, because prices have declined, it is a good time to buy. There are some really good deals and prices right now. I think we've seen the bottom, so don't wait for prices to begin to go back up!
Happy Home Shopping!
We still haven't hit the "bottom" yet as far as home prices are concerned, and according to a Merrill Lynch report (http://money.cnn.com/2008/01/23/real_est... ), home prices will drop another 15 percent this year, and declines will continue in 2009. The unknown is just how serious (http://money.cnn.com/2008/01/23/news/eco... ) will the upcoming recession be? The FED is in full battle now in fighting against a monstrous deflationary force caused from the collapse of the housing bubble.
Should I buy yet? It really depends on your area. Real estate is local to a greater extent, just make sure you get a good deal, and by that I mean a very good deal. If you can negotiate a good price and intend to live there, I'm guessing you should be okay (yes, i did say guessing). Mortgage rates are at a 2 year low and expected to come down even further. This will make a difference and will bring in a lot of people who were on the sidelines back into the market. Okay, I'm starting to sound like a Realtor(TM) now. Simply put, I don't believe you should put your life on hold waiting for the absolute bottom and in some areas it may not turn out as you expect.
Be sure to do your homework and figure out what a property would rent for and compare that to what your monthly mortgage payments would be. Here's a calculator from the New York Times (http://www.nytimes.com/2007/04/10/busine... ).
Make sure to price out your loan with your LOCAL banks and mortgage brokers only.
A lot people giving advice on here are also looking to give you a loan (its not advice, its advertising), if they are not local to you and you can’t get to them within 1 hour don’t fall for it. They say they are licensed in all 50 states, what does that mean? Which state do you have to look in first if something goes wrong? KEEP IT LOCAL; DON'T GET RIPPED-OFF BY SOMEONE IN WHO KNOWS WHERE WHICH YOU WOULD HAVE NO DIRECT ACCESS TO.
Remember Buddha's advice:
"Believe nothing, no matter where you read it or who has said it, not even if I have said it, unless it agrees with your own reason and your own common sense." You are the only "expert" you can trust: All brokers, and every other loan officer guru giving advice here with a .com or contact me at the end is "selling" you something (its not advice, its advertising). Don't buy "it."
Can i buy a house if i a short time ago started a hot employment?
I've been on my current position for 5 years. It's a contracted job for the state so my company have been outbidded and we are adjectives losing our jobs within may 2008. I was hoping to buy a house formerly the job ends but it's not going to come to pass. I decided to put money up and release until the job ends. Now, when i start another work will it be hard to buy a house mortal that i've started a new work? Or if i continue to work contained by the same grazing land would i be able to combine work history??Answers: It really depends on your credit and how much you enjoy in stash, and what type of mortgage you're going for. I am going through the same entry. I was told that beside 4-6 months of 'living expenses' in nest egg and 20% down, that I would have no trouble getting a traditional 30yr fixed - as long as I have a)pay stubs from the new career or b)a letter from the exotic job stating that I have been given a position and the every twelve months salary.
Your mileage may swing, but yes, it's entirely possible. If you're in matching field, it help a lot.
You cant combine work histories. It will cost you a bit more and/or be harder to gain a loan if there are other issues.