Thread	Posts	Last Post
	Archive through March 30, 2006	25	03-30-06  8:41 pm

Suyog Thursday, March 30, 2006 - 9:05 pm:      Is it worth buying a house if you have a job with approx one year stability in the current city, but you do not like to settle in that city (and eventually will sell the house once the job is over)? This is for Atlanta, house prices around 250k with average appreciation of 6-8%, apartment rent is around 900 for 2 bedrooms.

Vin Friday, March 31, 2006 - 5:39 pm:      suyog, I don't know, if it is worth buying for 1 year. It may not appreciate exponentially and as you said if you don't live in that city for too long it may not be worth it but that's the decision you have to make. Because when you decide to sell it's going to take some time to sell so you are investing not only your money but time and energy ( especially now) From my personal experiance, we are selling our house in chicago and it's taking longer than it would have few years ago but again I don't know how market conditions are in Atlanta. I don't mean to discourage you from buying but think long term.

Upashiboka Friday, March 31, 2006 - 7:51 pm:      If I were to make this decision, I would rent. Here are the reasons: : You don't like the place or have no intention of settling there for a long term. : 250K with 20% down means, you have 200K loan. 200K @ 6% (conservative estimate) @ 30 yr mortgage will cost you $1200 per month. Add to that property taxes, home insurance, maintenance etc and the monthly outgoing may be $1600 easily. : When you sell your house, you will have to pay as much as 6% commission to the agent. If you are not planning to stay there for a long time, you will definitely lose money. : When you buy a house, you have relatively less flexibilty to change jobs/places. : House appreciation is doubtful as it is expected that housing market bubble is about to burst, but I would rather not comment on the anticipated return in real estate. : If you really want to stay in a house and not in an apartment, try renting a house.

Vin Friday, March 31, 2006 - 8:22 pm:      I agree w/upashiboka; having said that, RE is still one of most sound investments of all. Only thing is you should never count on makeing boat loads of money in short time; just like everything else it needs time to appreciate/grow.

Bhalb Sunday, November 05, 2006 - 2:26 pm:      मी जुलै २००५ मध्ये चेरी हिल, न्यु जर्सी येथे टाउन हाउस विकत घेतलं. २००६ मध्ये ४.३% ने किमती वर गेल्या. मी पण खुप विचार केला. माझा निर्णय खालील घटकांवर आधारीत होता. १. स्कुल डिस्ट्रीक्ट २. नेबरहूड ३. ऍस्सिसीबिलिटी टू मेजर हाय वेज

Pallavi_pune Wednesday, April 16, 2008 - 6:43 pm:      boston area मधे अत्ता House घेणे कितपत योग्य आहे? we don't know if we are going to settle here or not?