Buying home in Bay Area

[suraj]

3 minutes ago, crazymatta said:

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)

why shouldnt we calculate like that bhayya??

[Quickgun_murugan]

4 minutes ago, crazymatta said:

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)

Agree 100%

[crazymatta]

Just now, suraj said:

why shouldnt we calculate like that bhayya??

ippudu motham chepalenu bro.. kodiga alochinchu

person A every month rent pay chesthunadu

person B every month mortgage pay chesthundu A kante takkuva amount

iddari lo evaru safe antav?

[Quickgun_murugan]

1 minute ago, suraj said:

why shouldnt we calculate like that bhayya??

House anedi big responsibility man...

Rent kadutunna dani badulu illu konta ante thappu lo kaalesthav... buy a home if you want to live in that house for atleast 10 years... (LONG TERM) .. particularly in places in CA.  H1B jobs are not permanent and anytime company can decide on anything about you... of course you can find a job easily though.. so do all that math ...

rental house aithe edo okati chesi bayatapadochu.. owned houses not easy to get rid of... so think about it..

do all the math.. and find out

[manchivaadu]

Just now, crazymatta said:

ippudu motham chepalenu bro.. kodiga alochinchu

person A every month rent pay chesthunadu

person B every month mortgage pay chesthundu A kante takkuva amount

iddari lo evaru safe antav?

B

[crazymatta]

Just now, Quickgun_murugan said:

House anedi big responsibility man...

Rent kadutunna dani badulu illu konta ante thappu lo kaalesthav... buy a home if you want to live in that house for atleast 10 years... (LONG TERM) .. particularly in places in CA.  H1B jobs are not permanent and anytime company can decide on anything about you... of course you can find a job easily though.. so do all that math ...

rental house aithe edo okati chesi bayatapadochu.. owned houses not easy to get rid of... so think about it..

do all the math.. and find out

gp baa

[crazymatta]

Just now, manchivaadu said:

B

enduku rajaa 

[suraj]

1 minute ago, crazymatta said:

ippudu motham chepalenu bro.. kodiga alochinchu

person A every month rent pay chesthunadu

person B every month mortgage pay chesthundu A kante takkuva amount

iddari lo evaru safe antav?

according to my knowledge person B safe...as he pays less mortgage and get tax benefits...there is always a risk of market going down for person B...but there is always a chance that market will pickup and make him positive at one point...but he will continue to pay less mortgage compare to person A...this is what my thought processing...i could be worng

[crazymatta]

1 minute ago, suraj said:

according to my knowledge person B safe...as he pays less mortgage and get tax benefits...there is always a risk of market going down for person B...but there is always a chance that market will pickup and make him positive at one point...but he will continue to pay less mortgage compare to person A...this is what my thought processing...i could be worng

bhayyo chaala unknowns untay market ante.. down ayindhi ga ani up aythadhi anukovadam correct kaademo. nd nu nee visa bhi consider cheyakunda ans ichesinatunav.. alochinchu..

nd breakeven calcs untay zillow or har lo try them.

20% downpayment and atleast 6months savings lekapothe dont even think about it.

[aatadista]

nuv house konedi eh 3 reasons vala kadu....99% kuda ade chestaru. ivi kakunda vere reason vunte chepi convince cheyi 

1. rent kuda same pay chestunam, so why not buy house

2. Na friends andaru house kontunaru, so why not me. 

3. maha ayite ammesi India potam. India potam kabatti money lite tesukovachu. (idhi e madya vintuna statement)

[aatadista]

3 minutes ago, crazymatta said:

bhayyo chaala unknowns untay market ante.. down ayindhi ga ani up aythadhi anukovadam correct kaademo. nd nu nee visa bhi consider cheyakunda ans ichesinatunav.. alochinchu..

nd breakeven calcs untay zillow or har lo try them.

20% downpayment and atleast 6months savings lekapothe dont even think about it.

nuvu chala expect chestunav ga. ipudu evadu 5% kante ekuva ivatla. plus CCs vundaga savings enduku dandaga antunaru

[Quickgun_murugan]

6 minutes ago, aatadista said:

nuv house konedi eh 3 reasons vala kadu....99% kuda ade chestaru. ivi kakunda vere reason vunte chepi convince cheyi 

1. rent kuda same pay chestunam, so why not buy house

2. Na friends andaru house kontunaru, so why not me. 

3. maha ayite ammesi India potam. India potam kabatti money lite tesukovachu. (idhi e madya vintuna statement)

all are false ... buy a house if you intend to stay there for atleast 10 years... or LONG TERM

madhyalo enno business strategies patinchi labham pondochu..

before you buy look for atleast 10 years down the line.. also consider your visa status into accout (first other stuff ... last visa status)

@suraj

[aatadista]

Just now, Quickgun_murugan said:

all are false ... buy a house if you intend to stay there for atleast 10 years... or LONG TERM

madhyalo enno business strategies patinchi labham pondochu..

before you buy look for atleast 10 years down the line.. also consider your visa status into accout (first other stuff ... last visa status)

@suraj

ah false statements mana valu follow avutunaru. ipudu andaru alage tayaru ayaru

[chat_24]

bayya

rent 3500 okate alochistunnavemo....

property taxex yearly 8000 to 10000 undochu bay area kabatti...ivanni consideration lo theesuko

[crazymatta]

5 minutes ago, aatadista said:

nuvu chala expect chestunav ga. ipudu evadu 5% kante ekuva ivatla. plus CCs vundaga savings enduku dandaga antunaru

ayithe lite bro.. manam em cheyalem. 5% enduku fha ayithe 3.5% ki osthadhi inka maatladithe NFCU lo 105% mortgage choice bhi undhi kani em laabham home undhi ante undhi ani chepukoniki anthe. paisal chetla ki kaasthe edaina chestharu