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Renting an Apt vs Buying a Condo

Chalanachithram.com DB » New TF Industry Related » Archive through September 22, 2015 » Renting an Apt vs Buying a Condo « Previous Next »
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Sesani
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Username: Sesani

Post Number: 29671
Registered: 08-2014
Posted From: 170.200.144.20

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Posted on Monday, September 21, 2015 - 09:59 am:       


Bluelagoon:

condosss reselling kastama??


compared to townholmes in the same neighborhood yes..

Bluelagoon:

anate manchi school dist lo unna condos kooda resale cheyya lema??


cheyyochu, but difficult in comparison... think as a buyer... for example North Edison teeskundaam... 1000 sq ft condo is 250k undi... 1500sq ft townhome 300k undi.. which one will u buy?? as a home buyer u will always think abt more space and 'single family' kaavala ani untadi... condos ante nee kinda or paina oka condo untadi...

Bluelagoon:

condos ki high taxes untaaya??


proportional untayi.... tax assessment ni batti untayi...
 

Starc
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Username: Starc

Post Number: 1399
Registered: 03-2015
Posted From: 170.63.120.116

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Posted on Monday, September 21, 2015 - 09:59 am:       

if you stay for 5 years then go for it.. also get 15 years loan..

you pay more to principal in 15 years and you would almost pay 50% in 5 years
 

Tantri_the_mantri
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Username: Tantri_the_mantri

Post Number: 152
Registered: 03-2015
Posted From: 173.11.174.133

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Posted on Monday, September 21, 2015 - 09:56 am:       

ee ooru babai?
 

Andhrawala
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Username: Andhrawala

Post Number: 43536
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Posted From: 152.51.56.1

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Posted on Monday, September 21, 2015 - 09:56 am:       


Bluelagoon:

taxes entha untaayi?? town house ki any idea??




same as SFH.

around 0.5-1% depending on the county vuntundhii
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Bluelagoon
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Username: Bluelagoon

Post Number: 3955
Registered: 12-2013
Posted From: 183.82.194.189

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Posted on Monday, September 21, 2015 - 09:54 am:       

town house rent ki pothundha in case manam shift avavlsi vosthey kanuka ??

brand new just constructed townhome manchi school dist lo ante Virginia laannti chota 450 -500k k pettali emo

20% mundhu kattaali ante oka 100k downpayment ki pothundhi

taxes entha untaayi?? town house ki any idea??
 

Andhrawala
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Username: Andhrawala

Post Number: 43535
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Posted on Monday, September 21, 2015 - 09:45 am:       

See for Townhomes instead of Condos.
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Asdf
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Username: Asdf

Post Number: 12960
Registered: 12-2014
Posted From: 205.157.66.4

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Posted on Monday, September 21, 2015 - 09:34 am:       


Dma:

konni chotla adi 500-600 vundochu.




ejjactly.

also, check if they are planning some renovation or did that recently. renovation aithe they will bump the monthly fee by 200-300
 

Bluelagoon
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Username: Bluelagoon

Post Number: 3953
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Posted on Monday, September 21, 2015 - 09:32 am:       

condosss reselling kastama?? anate manchi school dist lo unna condos kooda resale cheyya lema??

condos ki high taxes untaaya??
 

Jilebhi
Junior Artist
Username: Jilebhi

Post Number: 147
Registered: 07-2013
Posted From: 172.56.29.78

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Posted on Monday, September 21, 2015 - 09:12 am:       


Sesani:



Dma:




Thank you, this helps
 

Sesani
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Username: Sesani

Post Number: 29662
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Posted From: 170.200.144.20

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Posted on Monday, September 21, 2015 - 09:03 am:       

Buying ki chaala factors consider cheyyale...

- rentability - will it go on rent easily if u have to move out
- re-sale - condos or not easy to sell (exceptions apply)..
- property taxes - purchase price is ver less kaani taxes entha kuda important...
- HOA entha

Also if urs is a full time and if ur planning to stay for long, do the math... mortgage payment + HOA + taxes + insurance vs Rent... if its a short term project and u dnt want the nuisance of selling it or renting it later just rent it
 

Dma
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Username: Dma

Post Number: 16377
Registered: 11-2009
Posted From: 70.176.175.122

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Posted on Monday, September 21, 2015 - 09:02 am:       

condi ayite, one more factor to consider is monthly association fees.

konni chotla adi 500-600 vundochu.

in that case, you will have to re-think if it is worth it ani.
Jai Andhra!! Jai Jai Andhra!!!
 

Jilebhi
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Username: Jilebhi

Post Number: 146
Registered: 07-2013
Posted From: 172.56.29.78

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Posted on Monday, September 21, 2015 - 09:00 am:       

Walkable aitey levy.

Kanisam oka 5 years anukuntuna, currently on h1, so cannot risk with high investments
 

Siloan
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Username: Siloan

Post Number: 42878
Registered: 03-2008
Posted From: 132.174.137.234

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Posted on Monday, September 21, 2015 - 08:59 am:       

IT offices vunte ...condo ki daggarlo (walkable)...toseii..
 

Cocanada
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Username: Cocanada

Post Number: 50985
Registered: 01-2008
Posted From: 70.178.59.213

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Posted on Monday, September 21, 2015 - 08:58 am:       

how long is your stay?
 

Jilebhi
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Username: Jilebhi

Post Number: 145
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Posted on Monday, September 21, 2015 - 08:54 am:       

Koncham inputs ivvandi, kotta location ki move avutuna, apartments rent minimum $1300 undi. Dagaralo condos oka $100k ki vastunayi. Dhairyam chesi condo konatamanchi idea na? What are the pros and cons of owning a condo vs renting an apartment?

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