Is It Good Time To Buy A House In Us?

[introuble]

generally builder will give 3-5% to realtor....so nee case lo 240K ante.. around 8000 bucks...

 

90% out of that is abt 7000 bucks....

 

if you think you will lose 7000 bucks if you dont go with realtor....

 

relator ki free ga vastundhi without doing anything 1000 ... nuvvu kakapothe inkokadu dorukuthadu vadiki...vadu adhe communtiy lo 10 mandiki represent chesina vadiki 10000.

 

you can go with that realtor but ask him to give in writing that he will give 90% of his commission to you.

got it bhayya,

[introuble]

Depends on ur immigration status

explain please, GC/Citizen ayyi undala?

[Hitman]

explain please, GC/Citizen ayyi undala?

 

no. H1 also eligible.

[introuble]

no. H1 also eligible.

stamping emina undala?

[psycopk]

How much rent you are paying?  ---- 1000

How long have you been there at your present location? --- 3 yrs

are u willing to rent or live? -- no, buying for my purpose

how much down payment u can? --- around 5-10%

what is Credit score? --- 700

What is expected loan amount vs your combined salary? --- 240k - 5%(10%) and salary 100k

 

credit score 730+ undela chusko.. maintian multiple credit crads.. it will build good history

[JANASENA]

explain please, GC/Citizen ayyi undala?

Undakkalla but GC vachentavaraku wait cheyyi antunna. Endukantey ee country lo Situations maripothuntayi. So achitoochi aduguveyyi antunna. Endukantey kastapadi sampadinchindi ga so jagrathaga kharchupettu. Once neeku GC vasthey née istam illekonukko leka bungalow aa konukko. Née istam.

[vokatonumberkurrodu]

got it bhayya,

 

so here is the thing....

 

before signing the contract ask the builder if you can bring in the realtor at this point....most bulders will not allow a realtor to come in middle (in case you urself went to see the model first time without a realtor)

 

also ask the builder if he has any tie ups with any mortgage companies...if so go with them.

 

next yr april lo closing ante chaala time undhi...nee loan approval avvali ante nee bank/credit card nunchi big transactions em cheyyakudadhu...(other than monthly daily expenses for rent food travel etc etc).. 

[introuble]

so here is the thing....

 

before signing the contract ask the builder if you can bring in the realtor at this point....most bulders will not allow a realtor to come in middle (in case you urself went to see the model first time without a realtor)

 

also ask the builder if he has any tie ups with any mortgage companies...if so go with them.

 

next yr april lo closing ante chaala time undhi...nee loan approval avvali ante nee bank/credit card nunchi big transactions em cheyyakudadhu...(other than monthly daily expenses for rent food travel etc etc).. 

ok bhayya, vadi through velthe illu cost lo oka 1500 and inka edo incentives istha annadu, but next month book chesukovali for April at that time pre-qulify ani edo approval techukovali annadu, offcourse vadithone

[introuble]

credit score 730+ undela chusko.. maintian multiple credit crads.. it will build good history

yeah right now 700 undi so by April trying for 730+

[vokatonumberkurrodu]

explain please, GC/Citizen ayyi undala?

 

no need of GC. I know ppl who bought house even after 6 yrs of H1 with pending labor application...

 

all they need is a current valid h1b copy.

 

try to maintain 700+ Credit score...

 

most lenders say if your plannign to buy a home then you should not apply for new credit cards within 1 year of applying for loan...

 

dont apply for new credit..bring down debt to credit ratio by making monthy payments on time...

 

since your planning since 5 yrs i guess you should have done your research etc etc.

[introuble]

Undakkalla but GC vachentavaraku wait cheyyi antunna. Endukantey ee country lo Situations maripothuntayi. So achitoochi aduguveyyi antunna. Endukantey kastapadi sampadinchindi ga so jagrathaga kharchupettu. Once neeku GC vasthey née istam illekonukko leka bungalow aa konukko. Née istam.

correct e kani GC vachesariki nenu India ki permanent ga velthanemo, but anyways will keep in mind

[introuble]

no need of GC. I know ppl who bought house even after 6 yrs of H1 with pending labor application...

 

all they need is a current valid h1b copy.

 

try to maintain 700+ Credit score...

 

most lenders say if your plannign to buy a home then you should not apply for new credit cards within 1 year of applying for loan...

 

dont apply for new credit..bring down debt to credit ratio by making monthy payments on time...

 

since your planning since 5 yrs i guess you should have done your research etc etc.

okappudu 580 unde score, kastapadi 700 maintain chestunna from long time

[JANASENA]

correct e kani GC vachesariki nenu India ki permanent ga velthanemo, but anyways will keep in mind

 

so better invest in india bro neeku india lo roju roju ki perguthundi real estate oka vela permanent ga india veldam anukuntey ikkada konaddu, india ki pampu dabbulu pampi akkada manchi builder ni pattukoni illu kattuko. kevvu keka oka ten yrs taravata nee illu cost super asala. just an advice. 

[introuble]

Thanks all for your replies especially vokatonumberkurrodu and Hitman,
main ga nenu dilemma lo enduku unna ante, last year ide illu 210k undedi ee year 250 ayindi. ilage chusthe inka perige chances unnayi but incase market padipothe it will come back to around 200. and other one is na credit score ki pre-qualify avuthana that is next month. but by the closing time I can try for 730 score. and market emina padipoye chances unnaya?(offcourse no one can predict but just asking)

[vokatonumberkurrodu]

okappudu 580 unde score, kastapadi 700 maintain chestunna from long time

 

go for it...

 

get the pre approval...(its just a credit check)

 

i think april lo closing ante neeku main loan application will be either in Feb or March..so aa loga you can save on downpayment and build your credit...try not applying for new credit till then...(in case you have enough cards)