| Author | Message | ||
Chesapeake Junior Artist Username: Chesapeake Post Number: 97 Registered: 11-2017 Posted From: 98.183.178.62 Rating: N/A |
Check whether house hhas avg school district and go for basic model at 2000 SFt don't buy a big house which is very tough for renting | ||
Jp_rocks Hero Username: Jp_rocks Post Number: 17705 Registered: 06-2009 Posted From: 73.36.15.73 Rating: N/A |
hehe bmw annai dil se proceed aipotu untadu anyway na example ista....260k tho 10% down chesi tiskunna few years back..property taxes, pmi, insurance anni kalipi 2500 pm avuddi..avi kakunda lot of unforeseen expenses..... ikkada immi situation chustunte bagaledu..andariki pade lage undi sooner or later - ee time lo idi talaki chuttukodam avasarama ani bmw cheppina memories anni manchi townhome lo kuda build cheskovachu | ||
Andhrawala Legend Username: Andhrawala Post Number: 64708 Registered: 03-2008 Posted From: 136.56.13.159 Rating: N/A |
even I pay 1300 for monthly mortgage, taxes etc. Utulities - gas,power, water avi apartment lo vunnaa vundeveee No Signature | ||
Jodhaa Legend Username: Jodhaa Post Number: 36400 Registered: 02-2008 Posted From: 165.156.39.47 Rating: N/A |
 | ||
Bmw007 Hero Username: Bmw007 Post Number: 13092 Registered: 10-2008 Posted From: 173.224.161.223 Rating: N/A |
Put down 5% and take a home..Take 30 yr Pay a PMI and slowly after 6 month -1 year one ur finance is stabilized refinance to 15 year loan.. with 200k Home PMI will be hardly be 60-75 bucks with 5% down... Jai PK !! Jai Jai PK !!! | ||
Bmw007 Hero Username: Bmw007 Post Number: 13091 Registered: 10-2008 Posted From: 173.224.161.223 Rating: N/A |
Read what every ones says and do what your heart says... Your kids will be with you for max 17-18 yrs..Parents might come 3-4 times.. So buy a home have kids and bring your parents when the kids are growing... Later how much ever u save and make money also u will never get this happiness... Jai PK !! Jai Jai PK !!! | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2312 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Enti bhayya idi.. iddaru exact opposite responses icharu.... | ||
Jp_rocks Hero Username: Jp_rocks Post Number: 17704 Registered: 06-2009 Posted From: 73.36.15.73 Rating: N/A |
Chantichanti - my advice is to not buy at this time, specially if the home value doesn't increase by much why put your savings into an asset that doesn't appreciate? besides, it is a huge liability - if you want more space, move into a nice town home.. buy something else with your money that makes you more money - like a land in desam or something.. | ||
Bmw007 Hero Username: Bmw007 Post Number: 13090 Registered: 10-2008 Posted From: 173.224.161.223 Rating: N/A |
Bro buy a house if you can afford it. Dont let H-1/GC/ Trump or someone dictate how you live your life..If in case there is a problem face it..but live life your way and how you want it. Manam kastapadedi to have a good quality of life...You will enjoy being in your one home and welcoming a new child in your own home..Expenses will be more owning a home but its wort it 1st home dont think about if it will apprise or not. Take a house you and especially your wife likes it..Dont look too much at number Go for it...and enjoy it Jai PK !! Jai Jai PK !!! | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2311 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Thanks Bhayya. Ippudu lease entha varaku review cheyyalo alochinchali  | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11389 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
i recommend delay for some more months. Oka 6 months kakapoina minimum 3 months anna vunchukovali. we dont know what emergencies we will have. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2310 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Down payment vundi kaani, that is like putting in all the savings into that. So, no rainy day expenses | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11388 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
DT kakapothe inko BO gadu tagultha vuntadu. life ni apukolemu kadha. if you have intention to stay here and like the place, settle down. there is no perfect solution to anything. Do you have down payment plus closing costs plus rainy day amount to pay 6 months mortgage payment plus home expenses? I also bought home on H1 with no kids at that time. I am never used to living in apartments in india so did not like that life style here. I wanted to buy when i was a bachelor but waited till i get married. Its a personnel choice. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2309 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
I was thinking the same but mee DT garu ikkada ennallu vundanistaro teliyadam ledu. So, konchem adugu veyyali ante alochinchalsi vastundi | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11387 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
Investment is fine. How much you will spend current and how much you need to save is always sketchy. some people go overboard.what is the point of having a 3 BHK appt in Madhapur when you are living in low level 2 BR rental apartment here. most of the people wont even go back and enjoy the nice apartment they have there. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2308 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Ikkada single earning | ||
Nakhral Junior Artist Username: Nakhral Post Number: 437 Registered: 11-2012 Posted From: 73.50.134.101 Rating: N/A |
if space not issue then don't buy house | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2307 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Yes, married. No kids. I live in Frankfort,Ky and have money for 20% down payment | ||
Nepatriot Comedian Username: Nepatriot Post Number: 1323 Registered: 11-2013 Posted From: 147.85.172.6 Rating: N/A |
should spread the knawledge bro.. single earning ayithe housing expenses will suck all the money.. | ||
Ravino786 Megastar Username: Ravino786 Post Number: 22464 Registered: 12-2006 Posted From: 68.43.31.13 Rating: N/A |
I lived in a home for 13 years.., after tax benefits and maintenance i still paid 1200-1300 per month to maintain it .., Home is attachment ..if u have 2-3 kids and parents coming regularly buy ..else live in apartment/rental home with no attachments and more mobility... | ||
Jalsa Legend Username: Jalsa Post Number: 36118 Registered: 02-2008 Posted From: 159.53.110.143 Rating: N/A |
ee 2k deduction ki do both parents have to work/study? | ||
Ravino786 Megastar Username: Ravino786 Post Number: 22463 Registered: 12-2006 Posted From: 68.43.31.13 Rating: N/A |
I lived in a home for 13 years.., after tax benefits and maintenance i still paid 1200-1300 per month to maintain it .., Home is attachment ..if u have 2-3 kids and parents coming regularly buy ..else live in apartment/rental home with no attachments and more mobility... | ||
Ferrari Hero Username: Ferrari Post Number: 13461 Registered: 10-2008 Posted From: 192.158.48.90 Rating: N/A |
aa investment edho ikkade chesukovachu kadha annai..mi NRI's cheyabatti aam jantha ki flat konatam anedhi kala ayipoindhi..meeru dollars lo sampadinchi full payment to 50 lakhs flat easy ga kontaru..dhenamma desham lo IT coolie oka flat konali ante enni kashtalu padali and loan teerchali ante enni years kashtapadali..dhaaniki thodu job tensions...NRI's cheyabatti bangalore lanti places lo brokers bindas ga bathikesttunaru..akkada flat konnavalu brokers chetilo pedtarau flat..valla job just flat chupinchadam..dhaniki vaadu adige price 1 month rent..ee flats priceinflation ki major reason NRI's ani nenu anukunttuna.. | ||
Andhrawala Legend Username: Andhrawala Post Number: 64707 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
This will not be everywhere for him 0.9% state tax annaadu so 2K property tax which is around 160 per month. HOA inko 50, insurance another 5 vuntundhii No Signature | ||
Ravino786 Megastar Username: Ravino786 Post Number: 22461 Registered: 12-2006 Posted From: 68.43.31.13 Rating: N/A |
IF yo are not married get married if u are married have kids... paid off home anna monthly u have to spend 1000 dollars min as taxes and maintenance... | ||
Andhrawala Legend Username: Andhrawala Post Number: 64706 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
That is investment (I guess). Saving it for rainy day or retirement No Signature | ||
Speaker Hero Username: Speaker Post Number: 11854 Registered: 06-2016 Posted From: 205.194.127.36 Rating: N/A |
thatz a given for atleast 10k after u buy a home... Its just a go or no go for him... every one is trying 2 watch the game by being on one side of the fence.. 2 watch the game, one needs 2 sit on the fence 2 derive maximum pleasure... Namo Buddham Saranam Gacchaami Namo Dharmam Saranam Gacchaami Namo Sangham Saranam Gacchaami | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11383 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
ne situation like no kids, money for down payment, stable job chustunte you can afford it anipisthoindhi.life lo prathidhi dabbu tho chudaku give value to experiences. be a proud home owner. i dont understand people who buy apts/land in india which they will never enjoy and live here a low quality life. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Ravino786 Megastar Username: Ravino786 Post Number: 22460 Registered: 12-2006 Posted From: 68.43.31.13 Rating: N/A |
few questions i have ... are u married?? how amny kids?? and how much u have and where u live?? | ||
Nepatriot Comedian Username: Nepatriot Post Number: 1321 Registered: 11-2013 Posted From: 147.85.172.6 Rating: N/A |
I bought my first home using same logic.. there will be lot of expenses once you buy which you don't think of when renting.. again depends on your choice.. just $-$ comparision ayite renting is way cheaper.. | ||
Andhrawala Legend Username: Andhrawala Post Number: 64705 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
vaadiki nuvvu icche 10K lo around 2K goes for Condo maintenance fee also u are going to spend much more in a house. nuvvu soopinchinaa illu aithe superr vundhi. If you want live wit a bit luxury go for house. after 3-5 years you may make some 20K on ur investment of 45K. But 10K waste ani feel avvuthuu konadhuu No Signature | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2306 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Space is not issue here. Apartment vadiki yearly 10K iche badulu konte pola anukunna | ||
Saarang Hero Username: Saarang Post Number: 16629 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
Nenu idhe cheptunna....ayina  | ||
Nepatriot Comedian Username: Nepatriot Post Number: 1320 Registered: 11-2013 Posted From: 147.85.172.6 Rating: N/A |
if you have a kid and need more space..buy.. or else prepare for expenses.. i bought my first house very early with 10% down.. always feel.. I should have waited a couple more years and bought when I was able to do 20% down.. house has so many hidden expenses, so expenses will neutralise benefits.. so bottom line, if you have money to do 20% down and need space buy.. | ||
Rebel Hero Username: Rebel Post Number: 16512 Registered: 02-2008 Posted From: 159.45.22.8 Rating: N/A |
teesko baasu..gc kosam wait cheste life long renter ga batakali.. | ||
Andhrawala Legend Username: Andhrawala Post Number: 64697 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
btw - ee illu ranch home. mee kaada two floor houses vundavaa. adhi aithe konchem cheap avvocchu also talk with realtor regarding rentabilty and any restrictions in the number of houses that cna be given in neighborhood for rental No Signature | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2305 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
One more thing... I don't have kids if that make any difference in the deciding factor | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2304 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
teleedu... adagali
property tax .895%, state tax 6%
Yes
Yes | ||
Andhrawala Legend Username: Andhrawala Post Number: 64694 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
2k per kid is child tax credit kathaa?? Or is it a deduction??
hmm naaku aithee mortgage interest 4K plus 3.5 K property tax. so max of 8K rendu kalipii No Signature | ||
Rebel Hero Username: Rebel Post Number: 16511 Registered: 02-2008 Posted From: 159.45.22.8 Rating: N/A |
std ded - 24K asala 99% desis ki inka no need of itemized deductions anukunta except business tycoons property tax max ded. -10K mtg interest - avg. 5K-8K inka peddavi em deduct chestaru to cross 24K 2K per kid.so 2 kids unte 24k+4k=28K deductions. | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11379 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
For this price range, even 30 years loan with 5% rate (i choose higher rate actual will be around 4) will have <10K mortgage interest per year. as of now, tax bill allows 10K mortgage expense to be deducted. so you are good in that aspect. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Andhrawala Legend Username: Andhrawala Post Number: 64691 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
House as such is good. But might be pricy for ur area also talk with realtor and go for a Townhome so that if you have to leave the palce it can be easily rented out ee illu 223K annaadu. 200K isthaadaa?? mee county lo tax rate enthaa? Based on the house u selected you might have understood that u have to pay upto 1500 per month. also are u ready with 20% down payment Frankfort lo I heard state gov jobs ekkuva ani vinna being state capital. No Signature | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11378 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
ala toka muduchu vellu.  . SALT deduction teesetunnaru kabatti illu konaku (mortgage deduction of 10K vunna kooda) ani home buyer ki advice ichavu. dhaniki dheniki link emitante SALT deduction effect telvadhu antavu. chal hut.the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Speaker Hero Username: Speaker Post Number: 11845 Registered: 06-2016 Posted From: 205.194.127.36 Rating: N/A |
illu matiki super undi lee..223k ante 2 good... sleep over the thought n make a wise decision...do not make a hasty decision that u might have to regret it later... Namo Buddham Saranam Gacchaami Namo Dharmam Saranam Gacchaami Namo Sangham Saranam Gacchaami | ||
Saarang Hero Username: Saarang Post Number: 16628 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
stone esthe mana meeedha padutundhi ani neetho ee thread lo okalaana discuss chesara...nenu kooda inka reply ivvanu...continue  | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2303 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
House price is 200K This is the link http://nexthomecustomrealty.com/listings/21001,1708554/116-O ld-Station-Road-Frankfort-KY-40601/?Address=Frankfort%2C%20K Y&PriceMin=200000&PriceMax=300000&Sort=PriceLowToHigh&Page=2 | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11377 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
ee thread lo sesani ki reply ichavu. sesani post is about advice to thread initiator for his choice of buying a home. ee vooru manadhi 
asalu neeku ikkada disco antha Chantichanti question gurinchi. nuvvu madhayalo doori neeku nachina post vesi adhi unrelated antavu. neeku avasaramu aithe andariki avasarame the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2302 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Frankfort,KY Full Time H1B - 140 approved with 2013 date | ||
Saarang Hero Username: Saarang Post Number: 16626 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
state tax is out...property tax limit is 10k...so effectively its out...adhi adrham gaaka ee donga id gola. | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2301 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
2B2B hardwood floor in Frankfort,KY | ||
Saarang Hero Username: Saarang Post Number: 16625 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
\ nenu athaniki advice ivva ledhu...evadikanna choopinchuko..inka state income tax deduction ela impact avutundho telidhu neeku disco avasarama | ||
Jalsa Legend Username: Jalsa Post Number: 36117 Registered: 02-2008 Posted From: 159.53.174.141 Rating: N/A |
think avasaramledhu...personal exemptions goner. | ||
Andhrawala Legend Username: Andhrawala Post Number: 64689 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
SD penchi personal exemptions poorthigaa theesi dobbedu also State tax payments subject to max limit of $10K per year so idhi tax deductaion kaadhu income deduction laagundhii No Signature | ||
Andhrawala Legend Username: Andhrawala Post Number: 64688 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Lived in Dunwoody Springs Apartments on High Tower Trail near Roswell Road No Signature | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11375 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
neeku emi ardham ayyindhi ani aa advice ichavu. athanu emanna RE investment gurinchi adigada leka own house gurinchi aa  the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Saarang Hero Username: Saarang Post Number: 16624 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
currently yes does not depend on whether or not you itemize, in the new one i "think" personal exemptions are out both cases. | ||
Saarang Hero Username: Saarang Post Number: 16623 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
Never lived there, Alpharetta, Suwanee lo frieds unnaru..do know much about the city...one of the cities that i am interested in...so just trying to understand. | ||
Brodipet_baadshah Side Hero Username: Brodipet_baadshah Post Number: 4779 Registered: 12-2014 Posted From: 167.121.4.37 Rating: N/A |
familythoo 850 rent ante kallu muuskoni rentalthoo proceed ayipovadam better imo..but if u hav a dream to own a house in vomerica den its a different case... | ||
Saarang Hero Username: Saarang Post Number: 16622 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
stocks are most voltatile from year to year but they got around 10% over long periods of time. Ippudu valuations are high...so koncham risk ekkuva. http://www.businessinsider.com/30-year-sp-500-returns-impres sive-2016-5 | ||
Rebel Hero Username: Rebel Post Number: 16510 Registered: 02-2008 Posted From: 159.45.22.8 Rating: N/A |
>> you can get 10% or more by doing something with the money. yeah..more than 10% return consistently very hard..stocks antaru janalu..but stocks get 20% 1 year and drop 15% next year... | ||
Saarang Hero Username: Saarang Post Number: 16621 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
ilaantivi ardham ayithe ila enduku untaavu...evvaritho ana explain chepinchuko. | ||
Andhrawala Legend Username: Andhrawala Post Number: 64681 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Chanti baasu, Nuvvu anukune inti link ikkada post maadithee seppagalamu whether it will be worth or not. based on ur 850 rent I understand the property you are looking might be 100K at the max. Property tax will come to around 1000 and HOA another 100. So dour math and decide No Signature | ||
Saarang Hero Username: Saarang Post Number: 16620 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
Naa varuku this deduction was not a big factor. My advice is if you can get 10% or more by doing something with the money...then don't pay. 5-10% return...need to think its worth the risk and effort. Under 5% - payoff the loan. | ||
Rebel Hero Username: Rebel Post Number: 16508 Registered: 02-2008 Posted From: 159.45.22.8 Rating: N/A |
>>so inka 10k mortgage interest deduction unna lekapoyina fold it in reality.. so ipudu mortgage prepayment looks more promising ? as no advantage holding mortgage.. | ||
Uno Side Hero Username: Uno Post Number: 2146 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
Consider 1)If your Job is stable and can stay in the same city for atleast 2 years 2)If you think that you will not have any issues in future H1 extensions or visa status 3)Also,keep in mind of addition expenses like property taxes,maintenance (Lawn/Snow etc),repairs,upgrades etc 4)Also if you want to sell the house in future (for relocation etc) you may be spending around 6% on realtor's commission and also on painting,staging and on mortgage payment while the house is in market Even if you sell for same rate,you will be loss If you are comfortable,then go ahead and buy | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11374 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
Dheniki Mortgages relation emiti unless you are living in high state taxes like CA. 
10K mortgage deduction ante max inko 10K vuntundemo. andulo 25% tax break ante probably 2500 dollars per year taggudhi. ante monthly oka 200. dhaniki fold it aathe story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Jalsa Legend Username: Jalsa Post Number: 36116 Registered: 02-2008 Posted From: 159.53.174.141 Rating: N/A |
so far itemize chesevallaki kooda personal exemptions undevaa? new one lo itemize chestey no exemptions kadha | ||
Telugu_times Legend Username: Telugu_times Post Number: 52633 Registered: 02-2008 Posted From: 99.0.30.9 Rating: |
city peru? full time or consultant GC status
just an assumption. usa lo, there is no such thing Ignore spam and AJ. | ||
Saarang Hero Username: Saarang Post Number: 16617 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
Moral of story ante state and local income taxes and some other things like moving expenses no longer deductible. Standard deduction increasing to 24k...so inka 10k mortgage interest deduction unna lekapoyina fold it in reality..of course realtor gallu inka you can do it ane cheppi bakaras ni chestaaru anuko. | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 11371 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
advantages: principal you paid is like a kiddie bank saving money. living in your own home. unless you are genius in stocks or excellent saver, most of the aam janatha will burn the money in unnecessary things. by the time you get your GC and then buy home, you will have other expenses like kids education fund, etc. its better to start early. Disadvantages: immigration status, might loose investment in buyer market when you are ready to sell. my advice: simple math: Assuming mortgage expenses and property taxes are not deductible, see if mortgage interest + monthly escrow (property taxes + home insurance) is greater than your rent of 850 or not. If greater dont buy else do. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Keko_keka Side Hero Username: Keko_keka Post Number: 2476 Registered: 07-2010 Posted From: 199.73.152.198 Rating: N/A |
good post. It should be one's decision by weighing all the factors you mentioned. | ||
Sesani Legend Username: Sesani Post Number: 56758 Registered: 08-2014 Posted From: 108.171.131.170 Rating: N/A |
nen thread inka sadavaledu ... weekend didnt get a chance to read .. ee week soostha... thanks anna... | ||
Saarang Hero Username: Saarang Post Number: 16615 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
Sesh maay...after whole Ramayanam...who is sita antaventi? http://www.chalanachithram.com/discus/messages/115/357805.ht ml | ||
Brodipet_baadshah Side Hero Username: Brodipet_baadshah Post Number: 4778 Registered: 12-2014 Posted From: 167.121.4.37 Rating: N/A |
dunwoody...job midtownloo soo daggara plus mana desi janathaa anthaa dunwoodylone vuntarani ikkada theeskunna...inkemaina better places vunnaya wid reasonable rents & nearer to midtown/marta? | ||
Saarang Hero Username: Saarang Post Number: 16614 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
Which part of Atlanta? | ||
Jalsa Legend Username: Jalsa Post Number: 36115 Registered: 02-2008 Posted From: 159.53.46.144 Rating: N/A |
Sunil eyes tuduchukuney icon | ||
Sesani Legend Username: Sesani Post Number: 56755 Registered: 08-2014 Posted From: 108.171.131.170 Rating: N/A |
Chanti babbai...no body can tell u if u can afford it or not... u have to do the math urself... - Ur paying 850 per month and u can always move with a max penalty of 850 or 1700 by breaking the lease... Now check this out... Buying a home involves - - Mortgage, Property Taxes, HOA, Insurance - Will all these be more than 850 per month? Definitely Yes and can you afford that? U have to decide - Home buying involves initial downpayment and closing costs - Do you have enough money for it? If u dnt have 20% u might have to pay PMI or little higer interest rate... can u afford that now? - Do u have an exit stratergy? Worst case scenario u have to sell if off bcoz of immigration.. how stable is ur job? how hot is the market in ur city? what r the changes of getting rid of it for the same price u paid? or with less than 10% loss.. - cant u rent it as investment if u cannot sell? U will get tax deductions in the form of interest and property taxes (i think as per new last up to 10K, nen inka detailed ga chadvaledu) but u will still pay more than 850 per month... Do the math before u take a decision... good luck! | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 4733 Registered: 06-2013 Posted From: 174.235.12.199 Rating: N/A |
Ma Houston lo 2 BHK 1200 sqft ki 1050 kattam before we bought our house. Atlanta over expensive sumee. | ||
Brodipet_baadshah Side Hero Username: Brodipet_baadshah Post Number: 4777 Registered: 12-2014 Posted From: 167.121.4.36 Rating: N/A |
 is it 1bhk or 2bhk? which place? chinna 1 bhkke nen 1200 pay chesthunna rent ee lafdaaloo atlantalooo | ||
Xxx Hero Username: Xxx Post Number: 15068 Registered: 04-2009 Posted From: 65.184.77.202 Rating: N/A |
Also you need to put on 20% on the house , else you will end up paying PMI - | ||
Xxx Hero Username: Xxx Post Number: 15067 Registered: 04-2009 Posted From: 65.184.77.202 Rating: N/A |
does it include the taxes, if not check how much the are ? Some times HOA fees, taxes and lawn maintenance , alone will cost you 10k
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Speaker Hero Username: Speaker Post Number: 11815 Registered: 06-2016 Posted From: 205.194.127.36 Rating: |
In these uncertain days n lots of pessimistic things on H1, I WOULD Play the WAITING GAME until there is some thing solid going on with my H1 to GC... rest...your gamble... Namo Buddham Saranam Gacchaami Namo Dharmam Saranam Gacchaami Namo Sangham Saranam Gacchaami | ||
Linkmaster Legend Username: Linkmaster Post Number: 56998 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
go for it.. buy a good house not fancy , fancy school district etc.. | ||
Linkmaster Legend Username: Linkmaster Post Number: 56997 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
1/2 bed room apartment kante house is way better to live.. nothing wrong buying house unless living for less period.. | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2297 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
I am planning to stay atleast 3 years but ee H1s ippudu gola gola ga vunnayi kada... Mortagage would be 1250 for 30 years and 1650 for 15 years and my rent now is $850 I can have the same job as long as I want unless something gets screwed with H1 | ||
Gochi Side Hero Username: Gochi Post Number: 3073 Registered: 12-2006 Posted From: 159.53.46.143 Rating: N/A |
I agree...Rent alone count cheyyakandi..once u have a house, in addition to mortgage, u will have to pay for Property taxes(5k-10k per year based on house value), additional money for Electricity, Gas, Water, Sewer, Trash etc (little more than what u pay for apartment due to icrease in size) and then additional Maintenance if something goes wrong (furnace, room plumbing leakages etc)...buy it only if you want to keep it for long term and enjoy living in a house... | ||
Xxx Hero Username: Xxx Post Number: 15066 Registered: 04-2009 Posted From: 65.184.77.202 Rating: N/A |
If you buy a house , you have to pay taxes, you will have HOA fees, lawn maintenance fees etc, it is a sellers market for new homes , so you will pay a permium now , also how many years are you planning to stay at the same place ? what will be the mortgage, also your job situation, is there a chance in near future you will have to move etc etc If you buy a old house, you will be responsible to fix anything that is not working , no more maintenace guy to call - | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 4728 Registered: 06-2013 Posted From: 104.129.194.80 Rating: N/A |
Depends on how long you keep plan on keeping it. 1. You will get your equity back. So, total waste aite kadu. 2. One year buy and sell aite, factor in agent commission (6% at selling) and property taxes. For a 100K home, you are looking at 6K commission (if selling) + 1K to 3K in Property taxes per 100K at the end of each year. Not including interest payment on home loan. | ||
Keko_keka Side Hero Username: Keko_keka Post Number: 2475 Registered: 07-2010 Posted From: 199.73.152.198 Rating: N/A |
yearly 10K rent ante around $850 per month, which is cheap compared to many places in US. house theesukunte kuda property tax, HOA, insurance etc expenses vuntai kada monthly. Just to save rental expenses aithe waste anukunta. If you really wanna buy and live in your own home, go for it. | ||
Gatti_gunde Megastar Username: Gatti_gunde Post Number: 22703 Registered: 02-2010 Posted From: 72.81.215.174 Rating: N/A |
Very good question Peddalu inputs ivvandi Boob annai ni kindhesi thanthe DB set aithadhi | ||
Chantichanti Side Hero Username: Chantichanti Post Number: 2295 Registered: 08-2008 Posted From: 205.204.186.15 Rating: N/A |
Nenu vunde daggara, illu konala ?? vadda?? ani alochistunna... Maa daggara, you don't make money but you can sell for the same rate. H1 meeda vundaga konochu antara?? Oko sari yearly 10K veediki oorikane istunnanu anipistundi, kaani konte risk chestunnanu emo anipistundi Any suggestions?? |
