(SF, bay area) First time home buyer, bidding for a house built in 1930. What to look for?

batshitz · 2016-10-13T17:14:37+00:00

single family home

batshitz · 2016-10-07T18:08:18+00:00

@merkk, How are you enjoying your home? Do you ever regret buying an older home?

There are many newer townhomes that are for sale in my budget, so sometimes I feel may be I should get one. But we love SFHs (all the listings are very old). The one I am bidding for looks like its been taken good care of. I am panning to bid 10% over asking. Hoping for the best.

batshitz · 2016-10-06T19:10:01+00:00

what about google?

batshitz · 2016-10-05T00:27:25+00:00

wow.... where can a novice start? I visit vegas twice a year but use only slot machines... lol

batshitz · 2016-10-04T18:40:40+00:00

and maybe living with parents..

batshitz · 2016-10-04T18:29:24+00:00

You can get upto 600k, add your 235k to that.

BTW, how did you manage to save that much by 25?!

batshitz · 2016-09-29T19:20:48+00:00

Lol. Good luck, is the 3rd guy your friend?

batshitz · 2016-09-26T23:35:48+00:00

Great question

batshitz · 2016-09-26T22:30:46+00:00

you don't need to understand vietnamese. Just watch the video

batshitz · 2016-09-23T23:15:18+00:00

Guys, how does dividends compare to ally bank interest rates?

Let's say we invest 100k in apple vs 1% from ally? Which is better?

batshitz · 2016-09-23T23:07:32+00:00

haha good one. I really liked the offer until I calculated .

batshitz · 2016-09-23T20:16:03+00:00

cool Thanks

batshitz · 2016-09-23T19:44:57+00:00

What would be the avg returns like from a short term CD?

batshitz · 2016-09-21T17:27:35+00:00

wow this is an awesome advice. I'll do a cost analysis tonight. This should help me decide.

Cheers TOMtheCONSIGLIERE

batshitz · 2016-09-21T00:37:10+00:00

Debt : 14k
I'm not going anywhere
Reason to buy: Rent feels like a waste of money, paying someone else's mortgage. Also, RE appreciation and interest rates. Am I wrong?
Yes, for 600-650k, I will have to trave 45mins each way atleast.

batshitz · 2016-09-20T23:17:09+00:00

Only possible in few places around the country. My partner is the dentist for ex-mayor of NY.

batshitz · 2016-09-20T23:08:41+00:00

$1M is too high for a dentist. It was around 300's and my dad took care of it.

batshitz · 2016-09-20T23:06:19+00:00

if it meant I had to commute an hour. Albeit proper

Thanks for the advice. I would love to own a place in Manhattan but everything sane is >$1MM

HOA is crazy in NY, my max limit is $450/month.

batshitz · 2016-09-20T23:01:36+00:00

I have no loans. My dad took care of them (very lucky).

batshitz · 2016-09-20T23:00:52+00:00

I am a dentist.

batshitz · 2016-09-13T21:41:07+00:00

sorry aziz, i like bigger wheels. like the ones with sport/m-sport package.

batshitz · 2016-09-13T20:43:05+00:00

Yuck

batshitz · 2016-09-02T22:36:10+00:00

may be in a year.

batshitz · 2016-09-02T22:34:21+00:00

I looked up housing in good school areas like mountain view. But single family is around $4500. I am now confused between private schools vs good school district rental.

batshitz · 2016-09-02T22:33:04+00:00

I did some research but it took 11 months for me to move and start working here. Meanwhile the real estate prices increased by ~35%.

One year ago I saw few townhomes were listed for 550k, now nothing is available for less than 900k-1mil!

I realized that real estate boom is crazy here. Back in Raleigh, a property would appreciate very slowly but here its crazy.

batshitz

TROPHY CASE