Renting vs buying home in Amrica

[Sonu_Patel]

Been paying rent for 3 bed townhome from 2019 till today... started rent with Paying $2500 per month.. Now paying $2800 per month..

calculate chestey easy ga 4 years ki $120K pay chesa.. 

I am realizing to buy a home now ? please correct me if i am missing anything.

[Jalsa456]

1 minute ago, Sonu_Patel said:

Been paying rent for 3 bed townhome from 2019 till today... started rent with Paying $2500 per month.. Now paying $2800 per month..

calculate chestey easy ga 4 years ki $120K pay chesa.. 

I am realizing to buy a home now ? please correct me if i am missing anything.

I am seeing ppl like u from past 6 or 7 yrs..just one suggestion if u need house just buy the more u wait more u keep wasting money in rent..remember the time lost is lost it will not come back..some friends ended up buying home after 14 or 15yrs paying for apartments and in the end realized this and paid whatever amount n bought home atleasr do damage control 

[Sonu_Patel]

1 minute ago, Jalsa456 said:

I am seeing ppl like from past 6 or 7 yrs..just one suggestion if u need house just buy the more u wait more u keep wasting money in rent..remember the time lost is lost it will not come back

last 2 year lo house kondham ankunte .. wait prices will fall anaru but wait chesi chesi ongi poyela unanu. manku kavalsina areas and homes em taggatam ledu..

[MiryalgudaMaruthiRao]

11 minutes ago, Sonu_Patel said:

Been paying rent for 3 bed townhome from 2019 till today... started rent with Paying $2500 per month.. Now paying $2800 per month..

calculate chestey easy ga 4 years ki $120K pay chesa.. 

I am realizing to buy a home now ? please correct me if i am missing anything.

Anna 1 year nundi konta antunnavu inkeppudu kontav?

[MiryalgudaMaruthiRao]

7 minutes ago, Sonu_Patel said:

last 2 year lo house kondham ankunte .. wait prices will fall anaru but wait chesi chesi ongi poyela unanu. manku kavalsina areas and homes em taggatam ledu..

entha undi DP ki?

[Sonu_Patel]

Just now, MiryalgudaMaruthiRao said:

Anna 1 year nundi konta antunnavu inkeppudu kontav?

@perugu_vada uncle konapudu kondham ani wait chestunna.

[Sonu_Patel]

1 minute ago, MiryalgudaMaruthiRao said:

entha undi DP ki?

700k-850k unnae 

[megadheera]

3 minutes ago, Sonu_Patel said:

@perugu_vada uncle konapudu kondham ani wait chestunna.

Iga nuvvu konnatte 

[MiryalgudaMaruthiRao]

2 minutes ago, Sonu_Patel said:

700k-850k unnae 

20% unnada Anna?

[Jalsa456]

18 minutes ago, Sonu_Patel said:

Been paying rent for 3 bed townhome from 2019 till today... started rent with Paying $2500 per month.. Now paying $2800 per month..

calculate chestey easy ga 4 years ki $120K pay chesa.. 

I am realizing to buy a home now ? please correct me if i am missing anything.

If you don't want spend 800k ..start with basic starter home 1700 to 200sft for 400 to 500k and then as years go through lot of ppl flip small house into big or rent small one and go for big one..this is most common route desis take..

[pandu123b]

anna you are not losing that much.

texas lo property tax untadi house meeda 1200-1500 easy ga.and other regular monthly maintenance untai which you wont have in rental.

So, buy when you are financially ready and see a need, no hurry.

[Sarvapindy]

10 minutes ago, pandu123b said:

anna you are not losing that much.

texas lo property tax untadi house meeda 1200-1500 easy ga.and other regular monthly maintenance untai which you wont have in rental.

So, buy when you are financially ready and see a need, no hurry.

Property tax ekadina untadi ga uncle..tx lo ekkuvana?

[Pandubabu]

3 minutes ago, Sarvapindy said:

Property tax ekadina untadi ga uncle..tx lo ekkuvana?

On 1M house , you pay 10k per year in NC , 30k in Texas , difference is 20k.

If you think , 20k is so much that it is your max 401k limit on tax savings ..

[hydusguy]

34 minutes ago, Jalsa456 said:

I am seeing ppl like u from past 6 or 7 yrs..just one suggestion if u need house just buy the more u wait more u keep wasting money in rent..remember the time lost is lost it will not come back..some friends ended up buying home after 14 or 15yrs paying for apartments and in the end realized this and paid whatever amount n bought home atleasr do damage control 

the reason most people wait that long ..is most of them are on visa.. as we whn trmp was thr ..no visa guarantee.. lot of uncertainity

[Jalsa456]

3 minutes ago, Pandubabu said:

On 1M house , you pay 10k per year in NC , 30k in Texas , difference is 20k.

If you think , 20k is so much that it is your max 401k limit on tax savings ..

That's a misconception if u go with homestead exemption prices can't go more than certain percent every year and show comparables and if u avoid mud and pid areas taxes are not that bad..