House buy now and sell in 2 years pros and cons

[Peter123]

not too many benefits, for buy and sell, rather you pay mortgaze and live instead of rent. 

[trent]

1 hour ago, pahelwan said:

builder giving 5000 credit. commission is 2% already discussed with agent. sign cheyala vadda ani tarjana barjana. house is in very good location and schools are great. i know that i have to pay more emi but earn chesi paisal ekkado daniki spend cheyakunte artam em undi. 

what is that 2% commission for? u r only buying right? generally buyers wont pay the commission to agents. agent will get paid by seller or seller's agent. 

and also buyer will get some cash from agent.

i bought the house (toronto) last yr and didnt paid anything to agent, infact the agent gave me $800 cash and lawyer fees (1200). 

world lo ekkada ina buyer commission pay cheyyadu. only seller has to pay the commission to his agent and buyers agent.

manchi area ithe konesey, 2 yrs lo easy ga appreciation vuntadi.  

[pandemkodi]

Go for it , I don't know where u live but usually appreciates 3-4 per per year but you need to hold it longer to build equity and sell with redfin they charge very less 

[pahelwan]

10 minutes ago, trent said:

what is that 2% commission for? u r only buying right? generally buyers wont pay the commission to agents. agent will get paid by seller or seller's agent. 

and also buyer will get some cash from agent.

i bought the house (toronto) last yr and didnt paid anything to agent, infact the agent gave me $800 cash and lawyer fees (1200). market lo baga tirigi and ekkuva mandi tho interact ithe telustay ivi. not from friends 

world lo ekkada ina buyer commission pay cheyyadu. only seller has to pay the commission to his agent and buyers agent.

manchi area ithe konesey, 2 yrs lo easy ga appreciation vuntadi.  

Ade man builder gadu 3% commission iche dantlo nen 2% naku iyyali ani deal cheskunna. Agent will keep 1%. 

[tokkalogola]

3 hours ago, pahelwan said:

sell chesi india jump is my plan. i will not buy the junk in first place to fill the home. 

anukuntav kani ala illu kaali ga unchav kada edo okkati kontaru man..esp ladies..will fill the house..

[pahelwan]

39 minutes ago, hyperbole said:

Go for it man, why only 2 years any strong reason?

Family compulsion and naku kuda virakti vachesindi

[trent]

8 minutes ago, pahelwan said:

Ade man builder gadu 3% commission iche dantlo nen 2% naku iyyali ani deal cheskunna. Agent will keep 1%. 

oh good. go for it if its good area

[trent]

6 minutes ago, pahelwan said:

Family compulsion and naku kuda virakti vachesindi

nuvvu vellinappule uncle. alane antav now. vellinappudu cheppu ani @TOM_BHAYYA   mana @tacobell fan  restaurant lo dinner buffet lo asking

[Guest]

3 hours ago, hyperbole said:

You need to live 3 years in your primary residence  for not to pay tax on any capital gains upto 500k

secondly 5-6% is the sales commission you will forgo for selling home

2 yrs not 3

[ekunadam_enkanna]

If economy tanks, housing will go down.

Last year, housing was really peak. Now it is slowing down, but not falling that much.  Plateaued.

Add insurance, property taxes to monthly mortgage, along with downpayment. See whether it is worth it or not. In some areas like bay area/seattle, people see housing as an investment, so people buy 2nd and 3rd homes.

If you are buying somewhere in Carbondale, IL. Not worth it.

 

[JambaKrantu]

Not worth it.. Min 5 years undakapote you will not break even..

[ekunadam_enkanna]

Where is the LOCATION?

[phatposts]

2 years lo ammese laaga aithe dont even think abt buying a home. anduke nenu 100% rental unit koni rent ki ichesa. 

[jays02]

ఉద్యోగ భద్రత చూస్కోవాలి. అన్ని, అనుకోనివే జరుగుతున్నాయి, అందరికి. ఇల్లు, కొనబోతే కొరివి అమ్మబోతే అడివి, ఎదో సామెత ఉంది. జాగ్రత్త సుమా! 

[k2s]

4 hours ago, pahelwan said:

First time personal post estuna. America vachi 12 years aindi rented home la untuna. House konalani many days ankunna but couldn’t do it with single pay. Now with some savings I think I can afford a single family home. Na american dream kuda complete ainattu untadi. Ippudu koni 2 years la ammeste pros and cons em untai. Jara house owners vachi mi amulyamina soochanalu cheppandi. Evarina koni amminolu unnara houses with in less than 2 years. Ma friends ni adgite house ante min 5 years commitment undali antunaru. 

selling appudu 8-10% varaku dakshinalu samarpinchukovali brokers , sales tax, escrow, closing , repairs, cleaning. neeku profit 10% kantey ekkuva vasthundi antey 2 yrs lo ammukovachu