Jump to content

House Depriciation


sanbk

Recommended Posts

  • Replies 31
  • Created
  • Last Reply

Top Posters In This Topic

  • Lukewalker

    4

  • Rusk_Raja

    4

  • k2s

    2

  • acuman

    2

Top Posters In This Topic

1 hour ago, bussuboy said:

Its TRULIA.

Raja, you bought house while on MS opT bench?

Rich dad helped?

no uncle i got CA PR and I bought house, then went to Canada for 3 yrs got Citizenship and came back sold in Columbus, OH and bought big house in NC :) 

Link to comment
Share on other sites

  • 1 month later...
On ‎8‎/‎1‎/‎2016 at 11:05 AM, sampangi said:

3 years lo 60k na @3$%

 

On ‎8‎/‎1‎/‎2016 at 11:16 AM, Lukewalker said:

nee opikaki hats off mama, entha sollu cheppina research chesi chepthav

it could be true man.. naa friend San Diego lo Condo konnadu 2bd bath for 185k in 2013 now its close to 300k so 2 or 3 years lo racha profits kuda undochu..

Link to comment
Share on other sites

On 8/1/2016 at 0:17 PM, Lukewalker said:

ledhu bhayya, NJ lo new constructions 2012 lo $400k konnadu ma cousin, ippudu vaadi neighbor sold similar house for $560k. market batti kuda untundhi kadha

manam cheppind karmika netha vinadu.

tanu cheppindhi manam vinali.

order of chain man .. jai balayya

Link to comment
Share on other sites

On 08/01/2016 at 10:25 AM, Spartan said:

500-600 range lo illu konte..they wont appreciate much..

a houses may be 350-400K vi 500-600 nadustadi summer lo and also market is in peaks..

december ragane easy ga 50-75k padtai..next year market bisket ayyaka inko 75..appudu normal rate ki vastadi market..

 

Abbabba rendu mukkallo real estate gurinchi yem heppav ankul

 

 

Link to comment
Share on other sites

On 8/1/2016 at 11:59 AM, acuman said:

Rusk raja in USA house or car won't be able to sell more than the price paid.

if someone wanted to pay more than what you paid that someone is bakara desi.

naa colleague okadu 2008 lo $90K petti konnadu illu, ippudu $170K ki ammi $250K lo illu choosthunndau...it depends on market value bhayya

Link to comment
Share on other sites

On 8/1/2016 at 0:59 PM, acuman said:

Rusk raja in USA house or car won't be able to sell more than the price paid.

if someone wanted to pay more than what you paid that someone is bakara desi.

 

not true in case of house I have list of people who sold their house more than 100 K profit in less than 7 years..

Link to comment
Share on other sites

On ‎8‎/‎1‎/‎2016 at 0:59 PM, acuman said:

Rusk raja in USA house or car won't be able to sell more than the price paid.

if someone wanted to pay more than what you paid that someone is bakara desi.

Emi maatladutunnavu man. Car correct eh. It will depreciate for sure.

But illu 90% of cases lo value increase avutundhi. Nakku telisina chaala mandhi illu konnaru. Current price is more than what they paid. There is a reason why property taxes increase every 2-3 years.

House prices depreciate ayyedhi in these cases:

1. Buying in bubble market and selling in bust market

2. Value of entire neighborhood going down due to increase in crime, people finding out that environment there is polluted because of some old factor etc, metro or subway opening in your area. Ikkada reverse. India lo metro open avuthe property value perguddhi but here taggudhi.

Link to comment
Share on other sites

On 8/1/2016 at 1:58 PM, acuman said:

How many buying houses in recession ? And how many are selling houses for profit? 

Same doubt here.. 

Market baledu.. but housing matram friends konnavalu andaru full appreciate avtunayi antunaru.. dont know how..

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...