Inherited a house what should I do with it?

[RaiKkoNen]

You m8, are sorted.Get financial advice...If it was me i would probably sell the house say 350k, and bank the spare 35k.Live of the interest...interest rates are at 6.5% atm i think thats 22grande a month in interest..after tax say 15grande, you are good to go.

[liborpatois]

if this story is true R.I.PBest advice is not to TRUST ANYONEand dnt make any decision until uve cleared your headno matter how much u think ur dads tyna help udnt listen to ur fam (dads side) there basically tryna twang uhappend to one boy whose dad got shot, he went off the rails and gt fukkd, his step dad (who wasnt living wid him) kept a normal relationship with his step son (one who was goin to inherit) waited for this oppo (where his step son went fukd in the head) n pounced, twangd him to come to his yard for a weekend holiday and took him shoppin brought him bre new sh*t, monday took him bank and told him he was gettin 4k, guy jus watched this n didnt bother to care bout neting else, step dad made him sign some nxt sh*t n a few mre places where he had to sign stuff, little did he know bout the x5 whip, 39k in the account and the flat until after,

[RaiKkoNen]

if this story is true R.I.PBest advice is not to TRUST ANYONEand dnt make any decision until uve cleared your headno matter how much u think ur dads tyna help udnt listen to ur fam (dads side) there basically tryna twang uhappend to one boy whose dad got shot, he went off the rails and gt fukkd, his step dad (who wasnt living wid him) kept a normal relationship with his step son (one who was goin to inherit) waited for this oppo (where his step son went fukd in the head) n pounced, twangd him to come to his yard for a weekend holiday and took him shoppin brought him bre new sh*t, monday took him bank and told him he was gettin 4k, guy jus watched this n didnt bother to care bout neting else, step dad made him sign some nxt sh*t n a few mre places where he had to sign stuff, little did he know bout the x5 whip, 39k in the account and the flat until after,

LOL sad, but funny as hell.

[Numero001]

Yeah i dont live with my dad but we are close i have some half bros sisters as well (on my dads side). I know what your saying about fam trying to do this n dat. Thing is my heads all over the place right now so i aint even focusing on this house + the money too tuff right now but there already trying to talk me into selling the house n getting a joint mortgage with one of them, which would obviously benifit me in no way shape or form.

NAAAAHTell them to SECKLE!!

Death always seems to bring out the snakesSorry to hear your mum passed.

[marlon]

You m8, are sorted.Get financial advice...If it was me i would probably sell the house say 350k, and bank the spare 35k.Live of the interest...interest rates are at 6.5% atm i think thats 22grande a month in interest..after tax say 15grande, you are good to go.

I refuse to believe people are this stupid.The amount of things wrong is disgusting.

[FACE OFF BEYOND]

lol i dont think its right for anyone to come into this topic and give advice if you have never handled in excess of 35 grandunless your telling himDONT SELL THE HOUSEthats all you should say

[Goddaz]

You m8, are sorted.Get financial advice...If it was me i would probably sell the house say 350k, and bank the spare 35k.Live of the interest...interest rates are at 6.5% atm i think thats 22grande a month in interest..after tax say 15grande, you are good to go.

I refuse to believe people are this stupid.The amount of things wrong is disgusting.

Lmao, you can refuse all you like, they exist in abundance.K.RaiKfoolkoNen your funny still

[Goddaz]

lol i dont think its right for anyone to come into this topic and give advice if you have never handled in excess of 35 grandunless your telling himDONT SELL THE HOUSEthats all you should say

It's not even about handling dem kinda p's, its a simple ting of bare ppl ain't got a clue what they chatting about.

[serpent]

Turn it into a brothel then u get ur freebie's an rake it in at the same time everybody's a winner

[Benicio del Toney]

lmao about get 2 mortgages then telling my man to rent it out.

AgainI didnt say he should get 2 mortgages.I said he should buy 2 properties with the 380k and rent them out.

[Goddaz]

lmao about get 2 mortgages then telling my man to rent it out.

AgainI didnt say he should get 2 mortgages.I said he should buy 2 properties with the 380k and rent them out.

LmaoI won't even try explain why that isn't the best way to go. It would just BE DUMB. Buying property outright isn't a good way of making money. It's fine in some cases. Just think about what your saying.Again you don't know what your talking about.

[Mr. BLK]

talk to an estate agent and rent it outlive off/save the money while your at college and unithen move on from there

[DINKY]

goddaz quick question is it possible to buy a house (no morgage straight money) without proving where u got the money to buy it with?just wondering

[Goddaz]

Toney, even the rich of the rich RARELY buy drums outright.

[Ego]

rent itand go uni, you'll be nice. . .

[DINKY]

do u live in the yard wam?coz my bois parents brought a new yard he lives in the old one and rents out the rooms

[Ego]

oh yeah sorry bout your mum still. . .

[Goddaz]

goddaz quick question is it possible to buy a house (no morgage straight money) without proving where u got the money to buy it with?just wondering

Yes, you can do it on a self Cert basis.Money Laundering officers will be on your case quick though if not CID or both lol

[Carpe_Deum]

You m8, are sorted.Get financial advice...If it was me i would probably sell the house say 350k, and bank the spare 35k.Live of the interest...interest rates are at 6.5% atm i think thats 22grande a month in interest..after tax say 15grande, you are good to go.

loool. i doubt thats what even raikonnen that gets over a mill/yr would do. nice joke though. if he said he inherited 200M then yeah, buying a house outright is cool if u have millions in the bank

[marlon]

goddaz quick question is it possible to buy a house (no morgage straight money) without proving where u got the money to buy it with?just wondering

No.WellTechnically no.Any Estate Agent which isnt run by Lionel Hutz will run checks.

[DINKY]

goddaz quick question is it possible to buy a house (no morgage straight money) without proving where u got the money to buy it with?just wondering

Yes, you can do it on a self Cert basis.Money Laundering officers will be on your case quick though lol

thats what I thought all this stuff is longcoz one guy I know brought a yard with cash but bthis was 1994 timesok is this possiblke for u to buy a house legit for £100 then just give the owner like £180k

[Mr. BLK]

im tryna catch a mortgage right now as it goes.looking on a 100% thing though, because i just dont have the £££ for a deposit Goddaz, what's your opinion on these part rent/part buy schemes?

[Goddaz]

goddaz quick question is it possible to buy a house (no morgage straight money) without proving where u got the money to buy it with?just wondering

Yes, you can do it on a self Cert basis.Money Laundering officers will be on your case quick though lol

thats what I thought all this stuff is longcoz one guy I know brought a yard with cash but bthis was 1994 timesok is this possiblke for u to buy a house legit for £100 then just give the owner like £180k

Another way is to just contact the owner & just buy it, no need for self cert at all. If its mortgaged just transfer the p to mortgagor.

[DINKY]

ok thanks

[Goddaz]

im tryna catch a mortgage right now as it goes.looking on a 100% thing though, because i just dont have the £££ for a deposit Goddaz, what's your opinion on these part rent/part buy schemes?

You can buy drums with NO deposit, just have p to cover your mandatory expenses like solicitor, survey etcIt's a good start (thats it) BUT AIM to buy the whole drum asap.