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1, Private owners's prices NOT prices from Real Estate agencies
2. How much income (in TT dollars) would be needed to get a mortgage to afford such house?

2006-11-19 10:38:38 · 4 answers · asked by Cami 2 in Travel Caribbean Trinidad & Tobago

Buying, not renting

2006-11-19 10:52:59 · update #1

4 answers

A couple million TT ($10M to $25M) for sure. You are not going to see a lot of private sales for the Westmoorings area...these sellers can afford the commission fees in getting top dollar.

For a $15 million TT mortgage, assuming 8%, you are looking at $115K monthly payment. So your income will have to be at least that. Maybe if you eat crix for breakfast, skip lunch and have doubles for dinner you can make the money stretch! Good luck!

2006-11-22 08:54:37 · answer #1 · answered by TriniGirl 3 · 0 0

GEEEE properly it relies upon on the lot length too. the place I stay, its well-known to have 7 bogs in a 2 tale residing house. And that doesnt count style those that are area of the decrease flower that's rented off to people. So its like 500, 000. some time past in 2001, they have been one hundred eighty,00

2016-12-29 05:42:03 · answer #2 · answered by shiner 3 · 0 0

you need to do your search online, i am from tnt so do research but it is limited as well as hard, you would be better off going to trinidad, don't go to tobago, the crime is bad there, trinidad isn't to bad, go to the diego martin area, just be careful all around

2006-11-19 11:34:00 · answer #3 · answered by Nattiedred 3 · 0 0

pay with US dollars, not with TT dollars....250 US...and they will love it!!but what about the crime there now!!!

2006-11-19 10:48:48 · answer #4 · answered by Anonymous · 0 3

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