Sonu_Patel Posted September 11, 2018 Report Share Posted September 11, 2018 I am single and started full time and got H1B for 3 years which will start in October. There is condo listed near my office at 125K which is 2 bed 1 bath. HOA IS 300 per month and Mortgage check chestey rent kanna cheap ostundi.. Schools bagalevvuu.. which i dont care as of now Location: Atlanta downtown. teskovacha ? salahalu ivvandi... plz.. agent offer petamani savagodtunadu. Quote Link to comment Share on other sites More sharing options...
Hitman Posted September 11, 2018 Report Share Posted September 11, 2018 CONS - 2BR only 1 bath, Schools, Downtown (not sure how safe it is), Does HOA covers water / cable anything? Resale value kastam ilanti situations lo.. advantage of being near to downtown is rental value.. but you have only 1 bath.. that is big drawback. Quote Link to comment Share on other sites More sharing options...
Sonu_Patel Posted September 11, 2018 Author Report Share Posted September 11, 2018 Just now, Hitman said: CONS - 2BR only 1 bath, Schools, Downtown (not sure how safe it is), Does HOA covers water / cable anything? Resale value kastam ilanti situations lo.. advantage of being near to downtown is rental value.. but you have only 1 bath.. that is big drawback. HOA covers water and sewer. area is relatively not bad. safe anpinchidi.. GA tech daggara undi. Quote Link to comment Share on other sites More sharing options...
Bitcoin_Baba Posted September 11, 2018 Report Share Posted September 11, 2018 HOA and current rent in that area for such condos combined ga nee mortgage kanna thakkuva unte go for it. Single guy vi antunnav kabatti oka bedroom nuvvu use cheskunna, you can rent out the 2nd room. Bayata nuvvu single room entha pay chesthavo adhi and aa abbai iche amount kalipi nee mortgage and HOA vellipothe you will be good. In case nuvvu move out ayeena condos can be easily rent out. Visa emanna aithe, housing market padipothe, repu bhoomi baddalu aithe ane thoughts unte konaku, investments lo eppudu risk untadhi, adhi konchem theda kottina nee life lo em change raadhu anukunte go for it. Good luck Quote Link to comment Share on other sites More sharing options...
Thanos Posted September 11, 2018 Report Share Posted September 11, 2018 HOA seem to be too high , You will definitely regret on the one bath , look for better options oka 20k extra ayina 2 bath teesuko Quote Link to comment Share on other sites More sharing options...
psycopk Posted September 11, 2018 Report Share Posted September 11, 2018 40 minutes ago, Sonu_Patel said: I am single and started full time and got H1B for 3 years which will start in October. There is condo listed near my office at 125K which is 2 bed 1 bath. HOA IS 300 per month and Mortgage check chestey rent kanna cheap ostundi.. Schools bagalevvuu.. which i dont care as of now Location: Atlanta downtown. teskovacha ? salahalu ivvandi... plz.. agent offer petamani savagodtunadu. go for 2 bed 2 bath... koncham construction new aaite better... leka pote special assessment ani malli savadobutaru... Quote Link to comment Share on other sites More sharing options...
Bumchikraaja2 Posted September 11, 2018 Report Share Posted September 11, 2018 Con**m konukotaniki $ lev ikkada Quote Link to comment Share on other sites More sharing options...
JANASENA Posted September 11, 2018 Report Share Posted September 11, 2018 300$ towards HOA aa adikooda condo ki not single family or townhome light teesuko Quote Link to comment Share on other sites More sharing options...
JANASENA Posted September 11, 2018 Report Share Posted September 11, 2018 realtor gaalu alage savagodatharu man. vadiki commission vasthundi ga anduku. nuvvem tension padaku. there will be more listings in future. Quote Link to comment Share on other sites More sharing options...
Hitman Posted September 11, 2018 Report Share Posted September 11, 2018 4 minutes ago, JANASENA said: 300$ towards HOA aa adikooda condo ki not single family or townhome light teesuko Condos eppudu HOA ekkuva untadi...300 pretty normal..it included water which is almost 50 to 125 .. and exterior maintenance.. so 300 is OK. Quote Link to comment Share on other sites More sharing options...
k2s Posted September 11, 2018 Report Share Posted September 11, 2018 46 minutes ago, Sonu_Patel said: I am single and started full time and got H1B for 3 years which will start in October. There is condo listed near my office at 125K which is 2 bed 1 bath. HOA IS 300 per month and Mortgage check chestey rent kanna cheap ostundi.. Schools bagalevvuu.. which i dont care as of now Location: Atlanta downtown. teskovacha ? salahalu ivvandi... plz.. agent offer petamani savagodtunadu. right now market is good.. and i would suggest buy a single family house instead of condo . here are reasons 1) Condon is $125k - antey 20% down $25k, approx $600 mortage + $300 Escrow + $300 HOA = $1200 pm varaku katathav.. Condo is just another use and throw apartment type feel. 2) Single family house around $300 ki konnavu anuko , 10% down - $30k, mortgage for $270k approx $1200, escrow - $400, HOA may be $50 = $1650 pm. with no tension of HOA evaluation and single family houses appreciate alot with market and sell faster than condos. it should feel like a you HOME not an apartment. No need to buy another house even after marriage, and good schools too. you will have good memories in that house. Quote Link to comment Share on other sites More sharing options...
Roger_that Posted September 11, 2018 Report Share Posted September 11, 2018 15 minutes ago, k2s said: right now market is good.. and i would suggest buy a single family house instead of condo . here are reasons 1) Condon is $125k - antey 20% down $25k, approx $600 mortage + $300 Escrow + $300 HOA = $1200 pm varaku katathav.. Condo is just another use and throw apartment type feel. 2) Single family house around $300 ki konnavu anuko , 10% down - $30k, mortgage for $270k approx $1200, escrow - $400, HOA may be $50 = $1650 pm. with no tension of HOA evaluation and single family houses appreciate alot with market and sell faster than condos. it should feel like a you HOME not an apartment. No need to buy another house even after marriage, and good schools too. you will have good memories in that house. escrow endi thatha Quote Link to comment Share on other sites More sharing options...
JANASENA Posted September 11, 2018 Report Share Posted September 11, 2018 5 minutes ago, Roger_that said: escrow endi thatha manam house ki katte taxes and insurance manadaggranunchi munde monthly Mortgage payments tho paatu teesukoni Lender gaadu kattesthadu year end ki Quote Link to comment Share on other sites More sharing options...
psycopk Posted September 11, 2018 Report Share Posted September 11, 2018 23 minutes ago, k2s said: right now market is good.. and i would suggest buy a single family house instead of condo . here are reasons 1) Condon is $125k - antey 20% down $25k, approx $600 mortage + $300 Escrow + $300 HOA = $1200 pm varaku katathav.. Condo is just another use and throw apartment type feel. 2) Single family house around $300 ki konnavu anuko , 10% down - $30k, mortgage for $270k approx $1200, escrow - $400, HOA may be $50 = $1650 pm. with no tension of HOA evaluation and single family houses appreciate alot with market and sell faster than condos. it should feel like a you HOME not an apartment. No need to buy another house even after marriage, and good schools too. you will have good memories in that house. +1 Quote Link to comment Share on other sites More sharing options...
Spartan Posted September 11, 2018 Report Share Posted September 11, 2018 Quote Link to comment Share on other sites More sharing options...
-1.thumb.png.613bdd33b4e8b5f69ac815bf90e62a8b.png)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.