Buying vs renting .. come on gusa gusa

[chelsea]

1 hour ago, mettastar said:

Vuncle next home konte min 4k sft unnadi konali .. ipudu unna rates ki min $800k avuthundi .. so koncham wait chesthe better aa ani alochisthunna .. $200/sft seems to be overpriced .. 

i am in the same boat kani recent ga house sign chesa rental home ki 2800 petti little old house waste anipinchinadi after one year wait prices are not going down inka late chesi  wait chesina maha aithe 10k or 20k kante takkavu anukontunna

[mettastar]

2 minutes ago, chelsea said:

i am in the same boat kani recent ga house sign chesa rental home ki 2800 petti little old house waste anipinchinadi after one year wait prices are not going down inka late chesi  wait chesina maha aithe 10k or 20k kante takkavu anukontunna

Which area bro .. 

[veerigadu]

Texas lo illu konadam anedhiii.....Oka wonderful topic. Aaa property taxes ki dandaaam ra dhootha...

Home Rates perigitheee oka assessment valla yedupu....Thaggitheee equity yedupu...

2% taxes ante....may be oka 700K house lo.....Almost 14-15K just kalipiliiii poyinnateee.....2-3 aafter tax monthly salary....Assam train per every year......Just aaa property taxes will pay your rent for whole year....Assuming your rent is 2500 per month...

[chelsea]

Just now, mettastar said:

Which area bro .. 

dallas bro moved from midwest akkada rent ki ichina ikkada rent ki vutunna na suggestion mali rent ki vundi kids school going ante nuvu same location chudali lekapothe after few years school change cheyyali neku new consutruction kavali anukonte new builds vunndali avi consider chesi vella nenu 

[Vaaaampire]

11 minutes ago, CanadianMalodu said:

I bought just not in IS though, in India.

2 different markets. 2 different interest rates. Cant compare

[CanadianMalodu]

Just now, Vaaaampire said:

2 different markets. 2 different interest rates. Cant compare

It doesn't matter. Basics stay the same. Banks stay the same. The point being owing vs buying a mortgage. 

[Vaaaampire]

2 minutes ago, veerigadu said:

Texas lo illu konadam anedhiii.....Oka wonderful topic. Aaa property taxes ki dandaaam saaami....

Home Rates perigitheee oka assessment valla yedupu....Thaggitheee equity yedupu

Most of the states with no state tax have higher property tax. I think tennesse is one good exception. 

[Vaaaampire]

1 minute ago, CanadianMalodu said:

It doesn't matter. Basics stay the same. Banks stay the same. The point being owing vs buying a mortgage. 

Good luck man. I had enough discussions in this db about them. Do what makes sense to you. 

[psycopk]

New house or old house?

new house aaite community construction vastu interiors ani 750+200k vesko..

instead of renting.. koncham gattiga vetikite you may find good property on the market and buy it..

inka ups down epudu undeve.. neku house nachite value ade perugudi for good community

inka next 5yrs ki 3-3.5k vesav rent.. 5yrs tarwata i am sure the current house prices will go to 2m

[veerigadu]

6 minutes ago, Vaaaampire said:

Most of the states with no state tax have higher property tax. I think tennesse is one good exception. 

State tax is based on your income. Lets say your income per year is 120K....

But property taxes are based on the value of your property. It will be a much higher number. Around 700-800k atleast. 

Thats how Texas makes KVP of everyone. No state tax. But high property and sales tax.....LOL

[JingBang]

2 hours ago, Bulls_Rose said:

why do you want to do 20% down? pay pmi and invest rest. end of the day you get more than you paid pmi and you get house. market up/down play is tough call. 

Higher the loan, higher the interest you pay kada. In this market with high interest rates adi inka significant untadi

[Vaaaampire]

4 minutes ago, veerigadu said:

State tax is based on your income. Lets say your income per year is 120K....

But property taxes are based on the value of your property. It will be a much higher number. Around 700-800k atleast. 

Thats how Texas makes KVP of everyone. No state tax. But high property and sales tax.....LOL

Anthey gaa mari. 

[veerigadu]

22 minutes ago, psycopk said:

New house or old house?

new house aaite community construction vastu interiors ani 750+200k vesko..

instead of renting.. koncham gattiga vetikite you may find good property on the market and buy it..

inka ups down epudu undeve.. neku house nachite value ade perugudi for good community

inka next 5yrs ki 3-3.5k vesav rent.. 5yrs tarwata i am sure the current house prices will go to 2m

Not trying to be a party pooper here. But lets look at it practically.

Appadu adhi 5-7 years old kompaaa ayithadhi kadha samara....No takers in the market. especially If its a desi community. 

Your value will be merely on paper. Assuming it will appreciate 3 times in 5 years. 

[veerigadu]

1 minute ago, Vaaaampire said:

Anthey gaa mari. 

Texas Craze looo kottokupovadameee....Antunnaru mana desis.

Lets them have fun bro. 

[Aquaman]

24 minutes ago, veerigadu said:

Texas lo illu konadam anedhiii.....Oka wonderful topic. Aaa property taxes ki dandaaam ra dhootha...

Home Rates perigitheee oka assessment valla yedupu....Thaggitheee equity yedupu...

2% taxes ante....may be oka 700K house lo.....Almost 14-15K just kalipiliiii poyinnateee.....2-3 aafter tax monthly salary....Assam train per every year......Just aaa property taxes will pay your rent for whole year....Assuming your rent is 2500 per month...

most of the new construction ki  MUD/PID tax kuda untay in good school areas lo in dallas... so property tax is   between 2.3 to 3%