Buying home in Bay Area

[suraj]

Is it good idea to buy a home close to 1 Million in Bay Area ??

Both of us working on H1B. Home will be ready around end of this year..so cant lock down the rate now, need to wait until at least July...if we buy is it good idea to take 5/1 or 7/1...so at least we will pay less interest for few years...and then will decide if we continue to stay or move to different place

What are the predictions for interest rate hike and housing  market...

very confusing...need expert opinion

[manchivaadu]

Simple. Its a huge risk you are taking on 1 Million investment. Market is very shaky and it may come down in future.

Instead invest 500k$ and try to get GC thru EB-5

[suraj]

500K ledu bhayya...ade unte super undedi situation

[suraj]

currently paying $3250 rent...vadu ipudu $3500 chestunnadu desi owner gadu

[Quickgun_murugan]

7 minutes ago, suraj said:

500K ledu bhayya...ade unte super undedi situation

be happy atleast you both are working and could afford 1M .. don't be sad for what you don't have.. be thankful for what you have bro...

1M petti house konatam kante try to buy a condo or something for now... future lo akkadey unte okay move ayina kuda rent osthadi...

especially CA lanti places lo Condos or Aptmnts are better for now...

[kiraak_poradu]

2 minutes ago, Quickgun_murugan said:

be happy atleast you both are working and could afford 1M .. don't be sad for what you don't have.. be thankful for what you have bro...

1M petti house konatam kante try to buy a condo or something for now... future lo akkadey unte okay move ayina kuda rent osthadi...

neeku medhadu vyapu rogam kaani raledu kada

intha manchiga isthunnav suggestions

[manchivaadu]

2 minutes ago, kiraak_poradu said:

neeku medhadu vyapu rogam kaani raledu kada

intha manchiga isthunnav suggestions

ha ha ha ha rofl

[crazymatta]

iddaru working ft ayithe go for it.. 5/1 or 7/1 intial ga baagane untay but longterm ayithe I dont recommnd looking at those options. okasari mee lender gani tho kurcho motham simulate cheyamanu differnt loan options it will give you an idea. at the end nee situatn neeke baaga telusthadhi so corrct ga analyze chesukoni step veyu big responsibility. ATB 

cali ayithe picha lite bubble gurinchi but dallas lo ayithe mana desis ee oka big bubble oodinaru eppudaina pagalachu ani mrng ee oka ts thread open sesindu naa matta

[suraj]

5 minutes ago, Quickgun_murugan said:

be happy atleast you both are working and could afford 1M .. don't be sad for what you don't have.. be thankful for what you have bro...

1M petti house konatam kante try to buy a condo or something for now... future lo akkadey unte okay move ayina kuda rent osthadi...

especially CA lanti places lo Condos or Aptmnts are better for now...

agree bhaya, i am not complaining that i dont have 500K, i am happy with what i have..

[manchivaadu]

Just now, crazymatta said:

iddaru working ft ayithe go for it.. 5/1 or 7/1 intial ga baagane untay but longterm ayithe I dont recommnd looking at those options. okasari mee lender gani tho kurcho motham simulate cheyamanu differnt loan options it will give you an idea. at the end nee situatn neeke baaga telusthadhi so corrct ga analyze chesukoni step veyu big responsibility. ATB 

cali ayithe picha lite bubble gurinchi but dallas lo ayithe mana desis ee oka big bubble oodinaru eppudaina pagalachu ani mrng ee oka ts thread open sesindu naa matta

matta malla achinava after a long break

[crazymatta]

13 minutes ago, suraj said:

currently paying $3250 rent...vadu ipudu $3500 chestunnadu desi owner gadu

ive itlanti calculations veyaku.. buy only if you can afford naa matta

rent intha pay chesthuna illu konte inthe pay chestha anedhi oka nonsense point (desi esp)

[crazymatta]

1 minute ago, manchivaadu said:

matta malla achinava after a long break

old id endhi bro?

[manchivaadu]

Just now, crazymatta said:

old id endhi bro?

ee db la naaku nachani oke oka sentence  -  "old id endhi "

[suraj]

1 minute ago, crazymatta said:

iddaru working ft ayithe go for it.. 5/1 or 7/1 intial ga baagane untay but longterm ayithe I dont recommnd looking at those options. okasari mee lender gani tho kurcho motham simulate cheyamanu differnt loan options it will give you an idea. at the end nee situatn neeke baaga telusthadhi so corrct ga analyze chesukoni step veyu big responsibility. ATB 

cali ayithe picha lite bubble gurinchi but dallas lo ayithe mana desis ee oka big bubble oodinaru eppudaina pagalachu ani mrng ee oka ts thread open sesindu naa matta

thanks bhayya...market down avutundi ani last 1 and half yer nundi waiting (which is good in one way)...but now worried that interest rates perugutayemo ani...and also ee rentals kastam ga undi 3500 per month...that is the main reason to think about buying home...

[crazymatta]

Just now, manchivaadu said:

ee db la naaku nachani oke oka sentence  -  "old id endhi "