- Mar 22, 2003
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Home Buying & Real Estate Thread
- Thread in 'General' Thread starter Started by TYE_The Time Traveler,
- Start date
- May 31, 2007
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Exactly what I’d hope to do. I’d be fine in a condo closer to the city. Preferably top floor, garage parking required with enough space to have our own separate working areas. She said if we can net 2k monthly then she’d listen. It isn’t impossible but the main headache is competing with another house on our same street listed for rent…
- Sep 24, 2012
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Yeah we literally checked the first 2 boxes with landing a top floor condo with 2 garage parking spots. The guest bedroom doubles as our office but I go in to my office so she’s the only that need a workspace and I’m not home so it’s all hers during the day. The hardest part is definitely carrying 2 mortgages while you wait for someone to bite on the house, but when it lands(assuming they’re reliable) you’ll be saving money paying for the cheaper mortgage while someone else foots the bill on your other property while you’re overall equity flourishes. Just watch the tenants, our couple wanted to finish another wing of our basement and I had to shut them down since I didn’t want them to waste their resources thinking one day I might sell the home to them. It sounded nice, but we had to put our foot down that this isn’t a long term scenario.
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- Mar 22, 2003
- 28,990
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- Sep 24, 2012
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Georgia real estate is amazingly inexpensive, right up there with Texas. You can get a 5000 sq ft 2 acre home with a finished basement in metro Atlanta for under or around $500k depending on the town and subdivision. We spent a little more and got screwed out of claiming a basement bedroom in the appraisal as a true bedroom since the room had no windows and didn’t meet the fire code standards despite having a dedicated bathroom.
- Sep 20, 2007
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I always heard Texas property taxes will hit you from the back with no lubrication.
It’s always swayed me from wanting to move there. Any truth to this or is it exaggerated?
It’s always swayed me from wanting to move there. Any truth to this or is it exaggerated?
- Jun 22, 2018
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Mortgage rates the past 20 years were anomalies. These rates are what are what people have faced historically.
- Sep 27, 2003
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It’s true.
No state tax but the property taxes are worse cause it’s forever and the appraisals just keep going up up up
- Aug 21, 2012
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- Sep 20, 2007
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So rough man. House prices are obviously tempting but I don’t wanna get railed on prop taxes like that
- Sep 24, 2012
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What’s her budget?
- Mar 22, 2003
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- Dec 23, 2009
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- Sep 24, 2012
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Most suburbs outside of Fulton county can get her a 4000+ sq ft home with a basement for $300-400k on an acre or possibly 2. Finished basement will be closer to 4, non-finished on the lower side of 3. Keep in mind the commute is at least a hour with traffic coming from any of the outside counties if she’s working in Atlanta. It all comes down to her preference, if she’s ready for the burb life go for it. The Marta train transit is great if you live in the city, if not don’t waste your time.
- Dec 23, 2009
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She's a city girl. Def looking more Atlanta proper than the burbs. But damn, I'm boring af and too old for the fun life, and now married, so those specs ain't looking bad
4000 sq ft is pretty much nonexistant in Portland and I've never seen a property with a full acre except the WEALTHY wealthy suburbs.
mplsdunk
Supporter
- May 25, 2004
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4000 sq ft is wild.
- Aug 8, 2003
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Same situation. Randomly looked into refi after I got an email from an assistant of our mortgage loan officer (we built in 2016) emailed me asking if we’ve looked into it….talk about stupid luck. I believe our rate at the time was 3.25, and they locked us into a 2.5% 20 year.
I should really see who was person was and send them a gift!
- Sep 24, 2012
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My oldest brother from another marriage lives in Portland. He’s been telling me to pull up says it beautiful out there. I might take him up on the offer soon.She's a city girl. Def looking more Atlanta proper than the burbs. But damn, I'm boring af and too old for the fun life, and now married, so those specs ain't looking bad
- Sep 1, 2008
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Mine was 200. Naaa no way. I didn’t do any renovations. They playing you.
- Mar 22, 2003
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- Sep 20, 2007
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I called them. The loan had to age 2 years before I could do it on value alone.
I have a letter and a $200 check off to them MF’s right now. Boutta be paying less hopefully soon once this appraisal process is done!
Thankful for the thread!
- May 25, 2001
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I was in an arm but it was capped at 4%. Had to sell thought because the Mom and Pops insurance was doing em wrong over this new roof2.5%
a-friend
and with taxes and especially insurance going up so swiftly, allegedly I could only get $1500 for my house even though the exact floor plan in a different neighborhood in the same city i see going for 1900-2000. I made a little profit but I dont even think she listed it high enough, especially given that we had 2 failed buyers and literally all 3 times it was sold in under 48 hours
- Sep 24, 2012
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She should look at North Druid Hills or Brookhaven. It’s right on the edge of the city but cheaper that claiming an Atlanta city zip code. The train goes to Brookhaven as well.She's a city girl. Def looking more Atlanta proper than the burbs. But damn, I'm boring af and too old for the fun life, and now married, so those specs ain't looking bad
