House Buying suggestion please

[Gundepotuu_Gummadi]

On 3/25/2024 at 8:16 AM, lachi said:

state ekkada? just home price kakaunda, proprttey tax and extra maintainence chusuko. then decide, based on your monthly  savings

IOWA

property tax kuda 2% + undi ma state lo

[Gundepotuu_Gummadi]

On 3/25/2024 at 8:19 AM, CanadianMalodu said:

Then buying makes sense. I'd still suggest to hold back buying till you have atleast 25% of down payment in hand. This will ease the effect of interest rates. I wouldn't buy the argument of interest rates going down anytime soon. So don't be in a rush. Also, try to avoid realtor by approaching the sellers directly. Secure yourself a mortgage first and then mail in the boxes in a neighbourhoods of your choice expressing your interest in buying that property stating that you have a mortgage approved. Also don't be bent upon buy a brand new house just because they are new, but consider houses built in 1995-2015 because the materials used in these houses are of better quality due to the low inflation levels then and these properties are not that old. Most likely these neighbourhoods are already develop and it would be easier for you to rent if you're to upgrade in future.  Also some renovation on these houses would make them appear pretty without having to spend so many $

thanks a lot bro