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Property taxes in Texas - Is it worth ?


Sonu_Patel

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Lots of friends in my circle who bought homes in 2020 - 2021 time frame are paying an average mortgage payment of $2500 - $3000 for the good sized single family home who bought in the 400k - 500k price range and Interest rates are under 3%.

If i look at the current market trends, the same size homes are selling at minimum for 850K and higher Interest rates and High property tax rates .. 

If someone gets a loan with the current Interest rates.. the monthly mortgage payment is $6000 per month. 

Is it worth to buy a home ? better to stay on rent ?

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Just now, Sonu_Patel said:

Lots of friends in my circle who bought homes in 2020 - 2021 time frame are paying an average mortgage payment of $2500 - $3000 for the good sized single family home who bought in the 400k - 500k price range and Interest rates are under 3%.

If i look at the current market trends, the same size homes are selling at minimum for 850K and higher Interest rates and High property tax rates .. 

If someone gets a loan with the current Interest rates.. the monthly mortgage payment is $6000 per month. 

Is it worth to buy a home ? better to stay on rent ?

100k homestead additional exemption on the way in November atleast most communities oka 2 to 3k releif and baseprice will be reduced good for future..

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konnallu house gurinchi alochinchaku… you will have some peace of mind… 

Dallas market didn’t cool down like other markets.. at these rates and prices, it is stupidity to buy a house.. 

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Is it worth to buy a home ? better to stay on rent ?

If you rent - This is like going to a Dallas Birthday Party or Voni/Dhoti function in Share Auto. 

If you own a home with $800K+ - it is like you are going in Tesla Model Y

If you own a home with $1.2M + - similar to going to the party in Merc. 

$2M + - Range Rover

 

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5 minutes ago, ForEverJava said:

100k homestead additional exemption on the way in November atleast most communities oka 2 to 3k releif and baseprice will be reduced good for future..

mari 2 -3 k vastada anna avg 1000 may be.... also only this year ga

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5 minutes ago, Hitman said:

Is it worth to buy a home ? better to stay on rent ?

If you rent - This is like going to a Dallas Birthday Party or Voni/Dhoti function in Share Auto. 

If you own a home with $800K+ - it is like you are going in Tesla Model Y

If you own a home with $1.2M + - similar to going to the party in Merc. 

$2M + - Range Rover

 

people are trading in Tesla Model Y to buy Model X anna... 

Model Y ante respect ledhanna because of depreciating prices. 

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19 minutes ago, Sonu_Patel said:

Lots of friends in my circle who bought homes in 2020 - 2021 time frame are paying an average mortgage payment of $2500 - $3000 for the good sized single family home who bought in the 400k - 500k price range and Interest rates are under 3%.

If i look at the current market trends, the same size homes are selling at minimum for 850K and higher Interest rates and High property tax rates .. 

If someone gets a loan with the current Interest rates.. the monthly mortgage payment is $6000 per month. 

Is it worth to buy a home ? better to stay on rent ?

don't buy house in 2023 . 2024 october lo house will be back to 2020, 2021 prices. vucha apukovadam kastam aante buy and cry for your loss

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17 minutes ago, Hitman said:

Is it worth to buy a home ? better to stay on rent ?

If you rent - This is like going to a Dallas Birthday Party or Voni/Dhoti function in Share Auto. 

If you own a home with $800K+ - it is like you are going in Tesla Model Y

If you own a home with $1.2M + - similar to going to the party in Merc. 

$2M + - Range Rover

 

Potta batta potti Dark color ni Tesla Range rover lo kalippi10gaavu anna. Annna range rover lo birthday party ki vellakapoinnaa konchem potta batta chennai black color, pandi pellam  lekunnda kannapadithe 4 million+ house owner laga kanpadutaavu

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26 minutes ago, Sonu_Patel said:

Lots of friends in my circle who bought homes in 2020 - 2021 time frame are paying an average mortgage payment of $2500 - $3000 for the good sized single family home who bought in the 400k - 500k price range and Interest rates are under 3%.

If i look at the current market trends, the same size homes are selling at minimum for 850K and higher Interest rates and High property tax rates .. 

If someone gets a loan with the current Interest rates.. the monthly mortgage payment is $6000 per month. 

Is it worth to buy a home ? better to stay on rent ?

 

guy-read.gif

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8 minutes ago, LakshmiParavathi said:

Potta batta potti Dark color ni Tesla Range rover lo kalippi10gaavu anna. Annna range rover lo birthday party ki vellakapoinnaa konchem potta batta chennai black color, pandi pellam  lekunnda kannapadithe 4 million+ house owner laga kanpadutaavu

Potta batta in an emotion from biryani anna. 

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19 minutes ago, Sonu_Patel said:

Potta batta in an emotion from biryani anna. 

morning nundi idly dosa vada sambar tea or coffee in breakfast nundi start chesukuntu velluthe lunch lo food, evening snack lo mirchi bhajji pungullu and dinner . 

food is emotion of potta batta black color desis

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