Recent content by babymaradona1_IHB

I was thinking of trying to get more of a conventional loan with the lowest interest rate possible. I was also considering getting a 15 year loan because it has a slightly lower interest rate and I don't want to drag my payments out for so long. What do you guys think? I was surprised that...

Thank you for your reply. Do you guys think I should try to get a regular bank loan or an FHA loan?

I tried to get a loan at the bank to buy out my sisters half of the house but they said that the house title has to be in both our names for at least six months for some reason. So I was wondering if I should just pay cash or should I try to get an FHA loan or something? In some ways I was...

Thank you for the insights the real estate agent just came over and seems to think we should try to sell the house for about 420k.

Hi everyone, my sister has decided that she wants $400,000 for the house we inherited in Tustin, meaning that I would have to pay her $200,000 to buy her half of the house. I was thinking the house would probably be worth closer to $300,000 or at least reach that point within a year any...

Thank you all, you have made some really good points. To be honest I was surprised that you didn't tell me to try to get it sold now since the general consensus seems to be that the market will decline further. It seems like most of you think I should try to buy out my sisters half and then...

I figured that since savings accounts aren't earning that much interest these days that it might be a good idea to invest in a couple of rental properties as rents tend to rise with inflation and home values appreciate. As for living abroad I have no definite plans although I'm sure a lot of...

Thank you for your response, yes my parents had paid off the home already quite a long time ago. Do you guys think I should purchase a second home in California with the rest of my savings as I am planning on moving to a country with a lower cost of living where I will probably just rent a home?

Hello everyone, I have been reading IHB for quite a few months now and find the information very useful and interesting. I am currently at a fork in the road and have a couple questions any advice or insights would be greatly apreciated. My parents passed away and left my sister and I their...