| Author | Message | ||
     Rajusk Side Hero Username: Rajusk Post Number: 3481 Registered: 02-2008 Posted From: 66.93.90.250 Rating: N/A |
correct ayyinundochu..maa friend 800K ki konnadu oka 5 years back...1 month back valla neighbor ammindu 1.3 Million ki..maa vodu kooda retire avutha ani cheppi ..Dallas chakkar gotti vachindu.. | ||
| Tdp_jeevi Comedian Username: Tdp_jeevi Post Number: 1878 Registered: 06-2008 Posted From: 165.200.94.129 Rating: N/A |
should we even move forward or just loose the 20K earnest and wait for an year or two before we even think of a house here/// If I were you I will do this. Since you have 4-5 months time, I will wait for another 4-5 months. If the situation becomes worse and there is no improvement even after New President takes over, I will get out of mortgage, will try to get as much as I can from the 20K which I paid. Things to consider. 1. How is your city for jobs ? Many jobs?? 2. What is yours/your wifes skill set, Is there a demand for that skill set always??? 3. Are your jobs permanent??? how are your companies doing??? Health Insurance, Auto Insurance for that matter any Insurance compnay is good. | ||
| Rajusk Side Hero Username: Rajusk Post Number: 3480 Registered: 02-2008 Posted From: 66.93.90.250 Rating: N/A |
3t3, I am not sure what your very long term plan for life in this country is ..I mean like 20 years from now..etc. But if you are not going to live in that house for the next 10/15 years or so..I would suggest..do not waste that money on it.. Because Housing corrections are not V shaped corrections like Stock corrections..they at least take 2/3 years to bottom out and then stay there for long before they start bouncing back.. You also would know by now that Texas housing prices do not increase/decrease dramatically like in NJ/CA.. Rest mee ignition..good luck | ||
| Mclovin Hero Username: Mclovin Post Number: 10086 Registered: 02-2008 Posted From: 69.27.233.254 Rating: N/A |
Raju gaaru.. P'boro already saturated.. maa vodu just two years back 550K Monroe lo konnadu.. aadi illu sawarnaa palace type la untadi.. hippud aa illu 450K ki padindi.. ante, vaadi inti mundare oka illu ee price ki sale lo undi.. aa hood choosthene mind block.. roaddu meeda pin padinaa mana intla inpistadi aa sound.. In this db, there's always someone watching you!!  | ||
| Rebel Side Hero Username: Rebel Post Number: 2821 Registered: 02-2008 Posted From: 151.151.73.168 Rating: N/A |
babai vallake antha balupu unte intha housing downtrend lo manakentha undali...ikkada db house owners salaha tisko...sana mandi lite tiskomantunnaru 20K..so better go with tht.. | ||
| Getafix Junior Artist Username: Getafix Post Number: 551 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
 .. 30 yrs mortgage nethinethukovalante ee market lo chala dhairyam kavali | ||
| Rajusk Side Hero Username: Rajusk Post Number: 3479 Registered: 02-2008 Posted From: 66.93.90.250 Rating: N/A |
Oka sari Plainsboro..Dey road meeda lopala ki velli $1 Million ki thakkuva emaina houses vasthunte cheppu..nenu koooda oka dozen konta..Bush deggara appu teesukoni | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 71 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
.. vaadu late chesadu kada, oka 30K - 40K emanna taggistademo ani we too were hoping.. ninna ne Sales VP tho meeting ayyindi .. edanna upgrades ivvandi ani. they are not open to any negotiations at this point.. | ||
| Rajusk Side Hero Username: Rajusk Post Number: 3478 Registered: 02-2008 Posted From: 66.93.90.250 Rating: N/A |
I was just reading that people are showing the Stock Market indices in the last 1 week and bargaining for House prices..it might click with you too..try it out | ||
| Mclovin Hero Username: Mclovin Post Number: 10085 Registered: 02-2008 Posted From: 69.27.233.254 Rating: N/A |
Tammi.. NJ laanti place lo, dethhadi skool distict county.. lo mind block ayye houses unnai 500K ki.. 600K is atleast 30% more than the current market rate ani naa ghhhatti feeling.. In this db, there's always someone watching you!! | ||
| Kingaa_bongaa Side Hero Username: Kingaa_bongaa Post Number: 2570 Registered: 02-2008 Posted From: 134.163.255.25 Rating: N/A |
annaai Hyd lo 30 laks ki kooda dorukuthundhi apartment, 1, 2 3 crs ki kooda dorukuthay, location annaai location. Manaki Manam Kingu, Choosevallaki Bongu. | ||
| One Junior Artist Username: One Post Number: 840 Registered: 09-2008 Posted From: 66.67.114.55 Rating: N/A |
try to bargin to 600k..see if u get it or not..... ifnot take it easy...ma sister valu 350k ki konaru..2yrs old house...... | ||
| Hugoboss Junior Artist Username: Hugoboss Post Number: 347 Registered: 07-2008 Posted From: 124.123.34.233 Rating: N/A |
3t3 BALLS TO YOU & UR WIFE. U BLOWED UP 650K with that you will get a ROCKING ROCKING CONDO @ the corner of somajiguda facing TANK BUND on hill opp to BMW showroom & KFC showroom. TRULY INTERNATIONAL STANDARD APARMENT with good facilities ITS ONLY 2 crores | ||
| Mclovin Hero Username: Mclovin Post Number: 10083 Registered: 02-2008 Posted From: 69.27.233.254 Rating: N/A |
Tammi.. two months jeethim poyyindi anko.. If I were you nenu lite teeskuntaa 20k ni.. In this db, there's always someone watching you!! | ||
| Rebel Side Hero Username: Rebel Post Number: 2818 Registered: 02-2008 Posted From: 151.151.73.168 Rating: N/A |
tamud i am surprised u didnt think about this given the housing meltdown is going on from more than a year.. basic rule is with out 20% down dont even think to buy a house... | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 70 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
builder a 20K ivvakapothe, gumpulo govindam, avvi kuda poyyayi ani anukotame | ||
| Telugu_times Side Hero Username: Telugu_times Post Number: 8544 Registered: 02-2008 Posted From: 40.0.40.10 Rating: N/A |
650K in austin is way too much. The problem is, when you try to sell this house, in those type of cities, your buyers will be very limited. If i were you, i will continue to stay in apartment and ADD THOSE 20K TO ALREADY LOST MONEY IN STOCK MARKETS | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 69 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
avunu, house is expensive and it will surely be upscale.. 4000+ sqft and best neighborhood where there is no more land for construction.. kani move ayithe, 20% down cheyyalante, 6 months buffer vundadu | ||
| Rajusk Side Hero Username: Rajusk Post Number: 3475 Registered: 02-2008 Posted From: 66.93.90.250 Rating: N/A |
Austin lo 650K illu..which is double the price of most of the Newly built houses in Texas..so I am sure you were targeting the top of the line product in the best areas..anyway I am sure you would have done your due diligence based on your situation at that time.. When a Recession is staring at the face of the Economy and housing prices are bottoming out...I would prefer to have atleast 6 months of expenses (i mean living expenses including groceries to mortgage) handy..before making any big ticket purchases...rest mee ignition.. | ||
| Rebel Side Hero Username: Rebel Post Number: 2817 Registered: 02-2008 Posted From: 151.151.73.168 Rating: N/A |
iddari jobs near term lo safe anukunte,20K back raakapothe dookandi...future gurinchi elago cheppalem... | ||
| Kkd Side Hero Username: Kkd Post Number: 8185 Registered: 02-2008 Posted From: 170.61.18.228 Rating: N/A |
thammud austin lo maa friend 300k range lo konnad. 650k ante saala ekkuva anukuntunna | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 68 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
correcte.. 650K is big amount in Austin, down trend lo huge amount ki vellakudane anipistundi | ||
| Mclovin Hero Username: Mclovin Post Number: 10081 Registered: 02-2008 Posted From: 69.45.100.129 Rating: N/A |
Austin lo 650K ee time ante pedda amount ani naa feeling.. Check the similar homes in or nearby hood.. Iam sure with so many foreclosures you can get similar or better home for 500K or less.. In this db, there's always someone watching you!! | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 67 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
do you have a written agreement that the builder should complete by certain date? Agreement vundi kani, vaadu inkedo clause chupinchi, 2 years daaka construction delay ayina avvachu ani edo chupinchadu.. aa documents anni, vaallaki anukoolam gaane kada vundedi.. | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 66 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
austin | ||
| Mclovin Hero Username: Mclovin Post Number: 10080 Registered: 02-2008 Posted From: 69.45.100.129 Rating: N/A |
Em area tammi nuvvu konnadi.. In this db, there's always someone watching you!! | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 65 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
Job is not at risk right now, but, dont what to expect in coming year or two. | ||
| Kingaa_bongaa Side Hero Username: Kingaa_bongaa Post Number: 2569 Registered: 02-2008 Posted From: 134.163.255.25 Rating: N/A |
do you have a written agreement that the builder should complete by certain date? if so, asking 20K back is valid. Manaki Manam Kingu, Choosevallaki Bongu. | ||
| Kingaa_bongaa Side Hero Username: Kingaa_bongaa Post Number: 2568 Registered: 02-2008 Posted From: 134.163.255.25 Rating: N/A |
Your jobs at risk? if not why worry? Manaki Manam Kingu, Choosevallaki Bongu. | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 63 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
Builder baaga late chesadu construction.. because of some approvals. aa area lo inka kotta contruction antu emi ledu.. veediki oka bit vundi, so dantlo around 15 houses kadutunnadu.. late ayyindi kabatti, a 20K venakki ivvamani adigamu. Ledu, you wont get that money back antunnadu. | ||
| Rebel Side Hero Username: Rebel Post Number: 2816 Registered: 02-2008 Posted From: 151.151.73.168 Rating: N/A |
tamud nuvvu backout aithe aa 20K poyinattena ? iddaru working kabatti i would say go ahead...if u get that 20K back u can back out or else...nee financial situation neeke baga telustundi kada... | ||
| 3t3 Junior Artist Username: 3t3 Post Number: 62 Registered: 05-2008 Posted From: 207.114.255.54 Rating: N/A |
Guys, I know there are many experts here: Here is my situation. Husband, Wife working. Lost heavily in stocks Signed for a home in a good school district for 650K, paid good amount as earnest money, (20K). Home will be ready in next 4 -5 months. With the current lending policy, we have to do 20% down.. that would leave us with almost no savings as buffer. If the jobs are intact, there wont be issue to pay mortgage. The price value of the house is pretty much at peak in that neighborhood. We have sales for 650K for 6-7 year old homes but with good views. The one we signed has no view but it is new construction. In this current situation, should we even move forward or just loose the 20K earnest and wait for an year or two before we even think of a house here. Please suggest. |
