Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [housing]

122 questions
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Should I buy my house in cash, or with a mortgage and invest the rest of my money?

I can afford to buy a house (to live in myself) in cash. Most of my investor friends tell me this would be a dumb idea, because I could earn more in interest by buying the house with a mortgage and investing the rest of my money. I get their…
painter48179
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When is it better to move - before or after a housing bubble bursts?

My husband and I currently own our home and are looking at upgrading to a bigger house in the next year or two. The housing market right now in our area (US East Coast city) is doing really well, and our home is valued much higher than it was when…
David K
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Is there any reason to not buy if mortgage is comparable to rent?

I'm curious: Say if you could buy a property or choose to rent and the mortgage per month on the property is similar to (or even lower) than the rent in your area, is there any reason to not buy? Assuming you are not looking to move and stay in the…
Lightsout
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Do I care if the housing market has gone up or down, if I'm moving from one house to another?

I can see several cases in which it obviously IS important if the market is high or low. e.g: if I'm buying my first house if I'm retired and selling my last house if I'm moving to a very different country/city, whose housing markets aren't very…
Brondahl
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Paying for a flat renovation to reduce rent payments in the future

A friend of mine owns an old house which requires renovation. They proposed me to pay for the renovation, and in exchange, I could live in the house and pay a smaller rent (or perhaps no rent for a few years). This would be legally enforced with a…
user109730
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How to best invest 90,000 EUR with zero knowledge in investing?

I have 90,000 EUR and difficulty figuring out what to do with it. This money is in a savings account with an interest rate of only 0.05%. Here in Netherlands, I pay around 600 EUR each year on this money via taxation. So, I am losing quite a lot of…
user1880405
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How can a person with really bad credit history rent decent housing?

My ex got evicted out of her apartment for non-payment of rent. This didn't entirely take me by surprise, as she is financially pretty clueless. She attempted to rent another place but given her history (credit and otherwise), which includes a…
NeedAdvice
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How do Islamic Banking give loans for housing purposes?

Islamic banks do not give loans they invest in financial activities of their clients. Am I correct? If yes, then how can they provide loans for housings? Home loans have nothing to do with business. Then how do they manage this type of loans?
user5800
18
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10 answers

First job: Renting vs get my parents to buy me a house

Finished my studies and got my first job starting in Nov. I'll have to move to a city far from where I currently live. I'll get paid around 17.5K/yr (1.4k/month net after taxes) and have to find a nice house to live in. What I'm looking for is a…
KingBOB
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How do I go about asking landlord to prorate when I can't move in yet?

I am renting an apartment. Move in date was August 1st. The apartment is slightly dirty with cobwebs and the walls definitely need to be painted. Landlord says that she will paint very soon but until then I wouldn't want to move my stuff in while…
LampPost
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Pay off half mortgage vs invest in stocks

Some background: I have a mortgage ($212K/$247 remaining, 3.675% APR) on a house in my previous city. Selling it was my primary goal, but unfortunately that hasn't happened. And looks like the situation won't be better for at least 1-2 years. So I…
user1200373
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House Purchase: Pay student loans or put 20% down?

My fiance and I currently have the opportunity to buy our first house for 200k due to a large 19k bonus that will be coming to me from my employer. We're considering two uses for the additional money (when added to our existing savings). One is…
SPGuru
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Can someone sue for house ownership if they gave money for it?

My parents received money from my grandmother to put a down payment for a house. After my parents purchased the home and put the house under their names, my grandmother moved in and eventually after 3 years she moved out. Now she wants her money…
Kevin Gomez
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How many years do I need to own a house until I don't have to pay capital gains taxes?

I've owned my home for 1.5 years and it has been my primary residence. I decided to move, and want to sell, however, I'm unsure if I have to pay capital gains. When searching the internet I find conflicting resources. Some say I need to have owned…
Gary Holiday
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Pay off Credit Card Debt now or later

I recently paid a non-refundable housing deposit of $1,300 for summer intern housing. The company I am going to work at this summer has outlined in my contract that I will receive $2,500 to cover living expenses that will be paid out June. I paid…
user94442
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