budgetpadbhanabam Posted April 18, 2023 Report Share Posted April 18, 2023 hi guys i am in dallas for a while now but since i already got house and i am not in the market anymore. i need opinions from people in shopping for a new house in frisco area. I got mixed feelings on my cousin closing a house this month end. he asked my inputs. he signed the house last year first qtr for 840k. interest rates are less at that time but he dint lock thr rates. now he is closing at 6% interest rates with 20% down. is it worth buying the house or sell it after closing or drop off and loose 30k earnest money. as per the info he shared he will still make some profit if he sell the house for sure but i am not sure whether he can get a new house of that size(4300sq ft 6 bed 5 bath 3 car garage)in frisco anymore. now the same house base is being sold for 880k and if you add all upgrades will cost around 960k. 3 more phases left in that community. need inputs from people who is shopping. Quote Link to comment Share on other sites More sharing options...
ranam_007 Posted April 18, 2023 Report Share Posted April 18, 2023 double earning aite ok. Ledu ante baaga vaachipoddi. Emundi raa babu aa dallas lo mana vallu mana food ede slogan aa Quote Link to comment Share on other sites More sharing options...
Anta Assamey Posted April 18, 2023 Report Share Posted April 18, 2023 Congratulations .. Quote Link to comment Share on other sites More sharing options...
budgetpadbhanabam Posted April 18, 2023 Author Report Share Posted April 18, 2023 2 minutes ago, ranam_007 said: double earning aite ok. Ledu ante baaga vaachipoddi. Emundi raa babu aa dallas lo mana vallu mana food ede slogan aa he dont have option his job is based out in dallas. Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted April 18, 2023 Report Share Posted April 18, 2023 12 minutes ago, budgetpadbhanabam said: hi guys i am in dallas for a while now but since i already got house and i am not in the market anymore. i need opinions from people in shopping for a new house in frisco area. I got mixed feelings on my cousin closing a house this month end. he signed the house last year first qtr for 840k. interest rates are less at that time but he dint lock thr rates. now he is closing at 6% interest rates with 20% down. is it worth buying the house or sell it after closing or drop off and loose 30k earnest money. as per the info he shared he will still make some profit if he sell the house for sure but i am not sure whether he can get a new house of that size(4300sq ft 6 bed 5 bath 3 car garage)in frisco anymore. now the same house base is being sold for 880k and if you add all upgrades will cost around 960k. 3 more phases left in that community. need inputs from people who is shopping. Nuv cheppina info tho, it sounds good for a home of that size.. all that matters is the affordability of your friend.. $200 per sft is a good deal for a new home in this market in Frisco area.. Quote Link to comment Share on other sites More sharing options...
GNRPoorna Posted April 18, 2023 Report Share Posted April 18, 2023 16 minutes ago, budgetpadbhanabam said: hi guys i am in dallas for a while now but since i already got house and i am not in the market anymore. i need opinions from people in shopping for a new house in frisco area. I got mixed feelings on my cousin closing a house this month end. he signed the house last year first qtr for 840k. interest rates are less at that time but he dint lock thr rates. now he is closing at 6% interest rates with 20% down. is it worth buying the house or sell it after closing or drop off and loose 30k earnest money. as per the info he shared he will still make some profit if he sell the house for sure but i am not sure whether he can get a new house of that size(4300sq ft 6 bed 5 bath 3 car garage)in frisco anymore. now the same house base is being sold for 880k and if you add all upgrades will cost around 960k. 3 more phases left in that community. need inputs from people who is shopping. Shopping means only @Sucker vuncle can help cc @csrcsr Quote Link to comment Share on other sites More sharing options...
Aquaman Posted April 18, 2023 Report Share Posted April 18, 2023 Market is not so crazy hot like before. 4300 sq ft is a big house, won't sell that easily IMO. Is it worth buying? totally depends on his financial status. For primary home, he can consider. For investment or quick flipping, my opinion is this is not the right time. Quote Link to comment Share on other sites More sharing options...
Popular Post kevinUsa Posted April 18, 2023 Popular Post Report Share Posted April 18, 2023 19 minutes ago, budgetpadbhanabam said: hi guys i am in dallas for a while now but since i already got house and i am not in the market anymore. i need opinions from people in shopping for a new house in frisco area. I got mixed feelings on my cousin closing a house this month end. he signed the house last year first qtr for 840k. interest rates are less at that time but he dint lock thr rates. now he is closing at 6% interest rates with 20% down. is it worth buying the house or sell it after closing or drop off and loose 30k earnest money. as per the info he shared he will still make some profit if he sell the house for sure but i am not sure whether he can get a new house of that size(4300sq ft 6 bed 5 bath 3 car garage)in frisco anymore. now the same house base is being sold for 880k and if you add all upgrades will cost around 960k. 3 more phases left in that community. need inputs from people who is shopping. What is a probable possibility that he will listen to you if you give him a word? He has made up his mind to buy a house. He's going to buy it. Okay. No matter who says what he's not going to listen. He's going to go forward to it. Let me give you a small story. Recently I suggested my friend to buy a small car as it was his first car in here but based on his dealer suggestion he went and purchased some big SUV with 7 seater with turbo. Now he's payment is like 850 a month and insurance is $450 a month now he's regretting it so if someone has made up a mind to buy something. It's better for us to shut our mouth just to be a silent observer and not be a proactive person who can give advisors based off our experience they're not going to listen it so it's waste of our energy where as we can use the same energy for doing something better for ourselves or our family. So it's up to give him suggestions on buying a house but it just for us too. Keep silent so I'm sure that you are intelligent enough for educated educated enough to grasp some meaningful inferences from the above statement 5 Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted April 18, 2023 Report Share Posted April 18, 2023 34 minutes ago, budgetpadbhanabam said: hi guys i am in dallas for a while now but since i already got house and i am not in the market anymore. i need opinions from people in shopping for a new house in frisco area. I got mixed feelings on my cousin closing a house this month end. he signed the house last year first qtr for 840k. interest rates are less at that time but he dint lock thr rates. now he is closing at 6% interest rates with 20% down. is it worth buying the house or sell it after closing or drop off and loose 30k earnest money. as per the info he shared he will still make some profit if he sell the house for sure but i am not sure whether he can get a new house of that size(4300sq ft 6 bed 5 bath 3 car garage)in frisco anymore. now the same house base is being sold for 880k and if you add all upgrades will cost around 960k. 3 more phases left in that community. need inputs from people who is shopping. Back out ayithe builder gadu pandaga cheskuntadu.. Frisco hot market easy ga velthadi with much higher price especially now universal studios in picture Quote Link to comment Share on other sites More sharing options...
Scurvy Posted April 18, 2023 Report Share Posted April 18, 2023 32 minutes ago, budgetpadbhanabam said: hi guys i am in dallas for a while now but since i already got house and i am not in the market anymore. i need opinions from people in shopping for a new house in frisco area. I got mixed feelings on my cousin closing a house this month end. he signed the house last year first qtr for 840k. interest rates are less at that time but he dint lock thr rates. now he is closing at 6% interest rates with 20% down. is it worth buying the house or sell it after closing or drop off and loose 30k earnest money. as per the info he shared he will still make some profit if he sell the house for sure but i am not sure whether he can get a new house of that size(4300sq ft 6 bed 5 bath 3 car garage)in frisco anymore. now the same house base is being sold for 880k and if you add all upgrades will cost around 960k. 3 more phases left in that community. need inputs from people who is shopping. Antha pedda illu and anni rooms em cheskuntaru kaka. Big family ah? How much mortgage he have to pay after 20 %down and add HoA, property tax etc doola teerutundi ga. Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted April 18, 2023 Report Share Posted April 18, 2023 7 minutes ago, kevinUsa said: What is a probable possibility that he will listen to you if you give him a word? He has made up his mind to buy a house. He's going to buy it. Okay. No matter who says what he's not going to listen. He's going to go forward to it. Let me give you a small story. Recently I suggested my friend to buy a small car as it was his first car in here but based on his dealer suggestion he went and purchased some big SUV with 7 seater with turbo. Now he's payment is like 850 a month and insurance is $450 a month now he's regretting it so if someone has made up a mind to buy something. It's better for us to shut our mouth just to be a silent observer and not be a proactive person who can give advisors based off our experience they're not going to listen it so it's waste of our energy where as we can use the same energy for doing something better for ourselves or our family. So it's up to give him suggestions on buying a house but it just for us too. Keep silent so I'm sure that you are intelligent enough for educated educated enough to grasp some meaningful inferences from the above statement nuvvu peddodivi ayipoya raa kanna 1 Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted April 18, 2023 Report Share Posted April 18, 2023 1 minute ago, Ravi860 said: Back out ayithe builder gadu pandaga cheskuntadu.. Frisco hot market easy ga velthadi with much higher price especially now universal studios in picture universal studios vachedi pakkana pettu adi vaste emostado evadiki telavadu Quote Link to comment Share on other sites More sharing options...
kevinUsa Posted April 18, 2023 Report Share Posted April 18, 2023 Just now, pakeer_saab said: universal studios vachedi pakkana pettu adi vaste emostado evadiki telavadu WA 1 minute ago, pakeer_saab said: nuvvu peddodivi ayipoya raa kanna Ala antav endi bro Personal experience tho telling ante Quote Link to comment Share on other sites More sharing options...
GNRPoorna Posted April 18, 2023 Report Share Posted April 18, 2023 8 minutes ago, pakeer_saab said: nuvvu peddodivi ayipoya raa kanna @kevinUsa gadu pedda manishi aayyadu now after graduating from GSu and moving to CA Quote Link to comment Share on other sites More sharing options...
TOM_BHAYYA Posted April 18, 2023 Report Share Posted April 18, 2023 37 minutes ago, ranam_007 said: double earning aite ok. Ledu ante baaga vaachipoddi. Emundi raa babu aa dallas lo mana vallu mana food ede slogan aa Aa neellallo ne edho teleni fire undhi bro Quote Link to comment Share on other sites More sharing options...
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