Giggles and Chuckles
3 days ago
Tuesday, September 16, 2008
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hurdles4 weeks ago
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Renovations and settling in...5 weeks ago
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Ethical choices in a crisis1 year ago
4 comments:
hey, i know this is prolly too late, but u think d housing market in brooklyn's gonna slide? should u be buying at this time? anyway u guys probably already thought it through...
it's a toughie. problem is now that my landlord has been alerted to the fact that we want to leave, he's checking out the nabe rents and 10 doors down same apartment just rented for $2300. (we pay 1400) If we end up not leaving, my rent will go up to 1800 (best case) or 2300 (worst case) and our mortgage payments are 1900 for 30 yrs fixed p&i. if i'm going to pay this kind of money it might as well be towards a house. anyway it's a 5 year plan so if we can survive thru this, hopefully we can emerge better off when it is time to sell...
then you r very safe... if rental yields are going up it means the prop market is inherently healthy. whats the price again?
708k at 6.5% int rate 30 yr fixed. comes to about $3900 with property tax & insurance split between 2 couples
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