Mortgage rates?????

[tom bhayya]

7 minutes ago, chittimallu_14 said:

malla back to apts aa leka ammesina intlo ne addheku untava.. 

Nenu rental home lo untunna already, illu rent ki icha rent pays my mortgage taxes insurance 

[cloud]

Why NOW is the best time to buy a new Grand Home

 

In 30 days or so when all of this is over, and life returns to normal, and it will, the following things will happen.  These things alone will force the price of new homes to go up quickly making, now the absolute best time to purchase a new Grand home.

 

1 - All the families who had planned on buying a new home early this year (the selling season) are currently on hold.  As soon as the world returns to normal, and it will, they will be back out with a vengeance ready to purchase their new home and get on with their lives.  There will be thousands of new families pouring into our beautiful model homes ready to purchase their new home.  This will create a logjam in the system and this influx on new buyers will force us to raise prices of new homes.

 

2 - We're also expecting many new families relocating from areas like New York, California, and Washington state as those were the areas hardest hit by COVID-19.  This influx of relocation buyers will also put a strain on an already logjammed system again forcing prices to go up.

 

3 - The logjam that I've mentioned twice now, will have other side effects as well.  Because of this logjam 30,000+ families will affect every builder in Texas.  We're expecting there to be a shortage of trades (which is labor) and materials due to the high demand of being sold so quickly.  In short, a shortage of Labor and materials will cause the cost of Labor and materials to go up (product in demand, basic economics).  This again affecting the cost of building new homes, which will cause the prices of new homes to go up.

 

In conclusion the ripple effect on prices related to what will be in great demand once we get past this time in our lives will change drastically.  Gas prices will go up, meaning delivery charges will increase… on down the line.  If you are able and you need a home, now will be the best time.  If earnest money is a concern, let’s work through that too.      Mike Mints VP Sales Grand Homes

 

 

evadi baada vaadidi ...

[JambaKrantu]

15 minutes ago, perugu_vada said:

1st and foremost thing is to stop the spread .. ledhu ante the speed with which virus is spreading(or it can spread) is so bad and uncontrollable .. inka economy antaava that comes as 2nd priority (kind of aftermath) to most of the countries 

That was a over reaction.. It might blow up on his face..

[chittimallu_14]

1 minute ago, Picha lite said:

Nekendukayya kontava endi

koney antha scene unte epudo kone vadni... inka apts lo enduku unta... maarava iga maa lanti pedhalani kincha parachadam aapava?

[Picha lite]

1 minute ago, chittimallu_14 said:

koney antha scene unte epudo kone vadni... inka apts lo enduku unta... maarava iga maa lanti pedhalani kincha parachadam aapava?

Haha. Yesav ga goli. Nenu last year konna pichall patukoni kusunna. Emanna plans unte drop avvu.

[Picha lite]

Job lu unte unna illu mortgage katukovachu , prices up/down unna doesn’t matter manamu elagu sell cheyam. 

[chittimallu_14]

3 minutes ago, Picha lite said:

Haha. Yesav ga goli. Nenu last year konna pichall patukoni kusunna. Emanna plans unte drop avvu.

maamul ga ne plans lev... ipudu asalke lev lol 

[perugu_vada]

8 minutes ago, JambaKrantu said:

That was a over reaction.. It might blow up on his face..

Time will tell

but covid ni stop cheyali ante as there is no vaccine or medicine , containment is d only solution

[perugu_vada]

8 minutes ago, Picha lite said:

Job lu unte unna illu mortgage katukovachu , prices up/down unna doesn’t matter manamu elagu sell cheyam. 

yeah .. kani ilanti issues emaina osthe pack autundi .. becos illu anedi long term and large investment kada @Picha lite

[chittimallu_14]

Just now, perugu_vada said:

yeah .. kani ilanti issues emaina osthe pack autundi .. becos illu anedi long term and large investment kada

I dont know and maybe my thinking is wrong... nenu andhuke konaledu ippati dhaka illu... im always scared to think about having a debt of 300-400k and to me it outweighs the luxury of having a 4 bedroom house which I dont even think I will use 50% of it regularly 

[Picha lite]

2 minutes ago, perugu_vada said:

yeah .. kani ilanti issues emaina osthe pack autundi .. becos illu anedi long term and large investment kada @Picha lite

Agreed. Anduke H1 meeda illu kondam chala risky ani late ga telusukunna.

[perugu_vada]

Just now, chittimallu_14 said:

I dont know and maybe my thinking is wrong... nenu andhuke konaledu ippati dhaka illu... im always scared to think about having a debt of 300-400k and to me it outweighs the luxury of having a 4 bedroom house which I dont even think I will use 50% of it regularly 

yeah .. mindset change cheskuntene konukkovali .. ledu ante nidra undadhu .. tension tho sachipovali ..

nenu konaledu andhu k .. India lo ante fine anipistundi. . becos ikada tholesthe india poyi aina bathakochu anna confidence untundi .. money ventane use undadhu kabatti wait cheyochu for it to appreciate and then sell it off ani 

[perugu_vada]

Just now, Picha lite said:

Agreed. Anduke H1 meeda illu kondam chala risky ani late ga telusukunna.

e covid rakapoyi unte .. buying house was the best thing uncle .. chuusaav ga ye range lo appreciate ayyaayo real estate in the past 2yrs or so ? 

[Picha lite]

Just now, perugu_vada said:

yeah .. mindset change cheskuntene konukkovali .. ledu ante nidra undadhu .. tension tho sachipovali ..

nenu konaledu andhu k .. India lo ante fine anipistundi. . becos ikada tholesthe india poyi aina bathakochu anna confidence untundi .. money ventane use undadhu kabatti wait cheyochu for it to appreciate and then sell it off ani 

Nenu 5% down chesa, worst case lo aa money potayi. Monthly almost rent entha kadtunanno mortgage payment kuda same undi ee plan tho convince ayi konna, but ilanti times lo anipistdi wait cheyalsindi ani

[Picha lite]

3 minutes ago, perugu_vada said:

e covid rakapoyi unte .. buying house was the best thing uncle .. chuusaav ga ye range lo appreciate ayyaayo real estate in the past 2yrs or so ? 

Yeah ma daggara peaks lo unayi prices . Sellers market untunde.