Is recession nearby ?

[Amrita]

3 minutes ago, Pipucbn said:

If your score is <580 unte 10% kavali 580 and above unte 3.5% is enough ani meaning.

Oh ok got it. Mis read it. I think edi rent ki ivvakudadu kada in case we take it or we have any min time after whcih we can rent it?

 

• New FHA loans are only available for primary residence occupancy.

[tennisluvr]

Just now, Pipucbn said:

Uncle you moving to Seattle?

 

Mostly vuncle, friend buying so nenu kooda vaadi intiki next thinking to buy. 

Oka vela nenu akkada lekunna I'm moving to Vancouver so monthly one to and fro to Seattle to collect rent paisal 

[Pipucbn]

Just now, Amrita said:

Oh ok got it. Mis read it. I think edi rent ki ivvakudadu kada in case we take it?

• Borrowers must pay a minimum down payment of 3.5 percent. The money can be gifted by a family member.
• New FHA loans are only available for primary residence occupancy.

Easy ye 3.5% tho konocchu but extra loan kattadu for the remaining 16.5% (20% down and loan is what banks go by) even my cousins took this loan.

560k ki down 100k + avuthunte they put 5% down and took this option ( ofcourse only if it is your first and primary residence). Now they are planning to pay off that extra loan

[Sirii]

1 minute ago, tennisluvr said:

Mostly vuncle, friend buying so nenu kooda vaadi intiki next thinking to buy. 

Oka vela nenu akkada lekunna I'm moving to Vancouver so monthly one to and fro to Seattle to collect rent paisal 

Em area and entha padthundi @tennisluvr

[Pipucbn]

2 minutes ago, tennisluvr said:

Mostly vuncle, friend buying so nenu kooda vaadi intiki next thinking to buy. 

Oka vela nenu akkada lekunna I'm moving to Vancouver so monthly one to and fro to Seattle to collect rent paisal 

If you put dhaba remember me uncle... cooking baga chestha... Naaku cook job aina ok 

[tom bhayya]

27 minutes ago, Amrita said:

Ekkada man with 3% down ? Ippude konta. 

FHA loan asthundhi aa down ki but u have to pay PMI insurance for first 5 years

[tennisluvr]

Just now, Sirii said:

Em area and entha padthundi @tennisluvr

Around $500k, North Seattle. Friend saying 3 years lo train line coming appudu rates going upto $800k ani. 

[Sirii]

Just now, tennisluvr said:

Around $500k, North Seattle. Friend saying 3 years lo train line coming appudu rates going upto $800k ani. 

Exact place thelisthe cheppava please

[tennisluvr]

Just now, Pipucbn said:

If you put dhaba remember me uncle... cooking baga chestha... Naaku cook job aina ok 

Weekend bhangra special belly dance nights with cheap guest @Quickgun_murugan

[tennisluvr]

Just now, Sirii said:

Exact place thelisthe cheppava please

Yeah give me three days cheptha. Pend coming to Saarlett appudu full picture isthadu 

[Sirii]

Just now, tennisluvr said:

Yeah give me three days cheptha. Pend coming to Saarlett appudu full picture isthadu 

[Amrita]

1 minute ago, Pipucbn said:

Easy ye 3.5% tho konocchu but extra loan kattadu for the remaining 16.5% (20% down and loan is what banks go by) even my cousins took this loan.

560k ki down 100k + avuthunte they put 5% down and took this option ( ofcourse only if it is your first and primary residence). Now they are planning to pay off that extra loan

I see. cool. I will look into this.

[Amrita]

5 minutes ago, tom bhayya said:

FHA loan asthundhi aa down ki but u have to pay PMI insurance for first 5 years

PMI would be round 2k per year for 650 k loan? I am very naive in all these loans and calculations just started to look. Next 3-4 months lo close cheyali ani planning. All these sounds so complicated. 

[tennisluvr]

Just now, Amrita said:

This would be round 2k per year for 650 k loan?

Uber cheyalsinde ika

[Amrita]

2 minutes ago, tennisluvr said:

Uber cheyalsinde ika

Naku bhayam alantivi..light man.  Student gane offcampus lu cheyaledu ippudu picha light.