I am relocating mysefl at Houston from India with my wife and Mom. Is it a good idea to buy a home right away and stay or rent for some time and then buy? I can spend US$ 1000 per month on rent / monthly installment and about US$ 10000 as down payment, if I want to buy a home. I am 48 years now!
2006-12-23 14:37:43 · 10 answers · asked by ~Raju~ 3 in Travel ➔ United States ➔ Houston
For houses you might want to start looking on http://www.har.com
For used cars you might want to check http://www.carmax.com
If you are looking for an excellent Realtor, here is a link to the Realtor that helped us find our house, her name is Jean Stanton. http://www.remax.com/residential/find_an_agent/index.aspx
This Realtor can help you find a good mortgage company if you do decide to purchase a house. You might have to wait to purchase a house for about one year. Keep open the possibility of a lease/purchase home.
Good luck and welcome to Texas!
2006-12-29 15:05:09 · answer #1 · answered by Mum to 3 cute kids 5 · 1⤊ 0⤋
You will need to rent for some time so you can establish a US credit history. The credit history will be necessary to get a home loan. Renting for a little while will also give you some time to get to know the city, you can rent a nice two bedroom for $1000/month
Two bedroom houses are not common, but you can get a used three bedroom place in Pearland for about 140,000... to get more exact details try har.com or a real estate agent like the others have suggested. Home interest rates here are currently about 6%. Also, you will have to pay real estate taxes of about 4% of the value of the house and insurance will be about $1000/year. (You will have to buy insurance to get the home loan). You should consider these costs in the monthly costs.
You can get a decent used car for about $5000, try edmunds.com to get an idea of prices for the specific car you want.
2006-12-28 05:31:39 · answer #2 · answered by growing inside 5 · 0⤊ 1⤋
Hello.. I just left Pearland and moved to Amsterdam.
Pearland is a great place. The two best places to find a house are the communities of SILVERLAKE and SHADOW CREEK RANCH.
a 2+2 will cost about 150,000 - 175,000
look at this website and type www.har.com
click on "FIND A HOME/ FIND A REALTOR"
then click on "Single Family"
then fill in what you want
I suggest entering SILVERLAKE under subdivision on one search and then Shadow Creek Ranch or you can try just entering Pearland as the city.
I lived there for 5 yrs and a great place. I lived in Silverlake. There are plenty of stores, resturants, and you are 15 mintues form downtown houston or the galleria and surrounded by highways .
Enjoy, I did. Also I dont think there are any houses that dont have at least 3 bedrooms.
if you want to talk to residents try the silverlake yahoo newsgroup
http://groups.yahoo.com/group/Silverlake_Homes/
you can ask any question and get 10 or 15 answers in a day about the area relocating whatever you want to know.
2006-12-28 08:03:25 · answer #3 · answered by Guillermo R 1 · 0⤊ 1⤋
Rent for at least a year so you get to know the city. A good complex in Houston is Remington Park. a 2/2 Apt will cost about $1050 a month. Also try the Westheimer area for good apartments. As far as a home goes, you should be able to get into one for about $10K down. Try Pearland or Missouri City in the South part of town. A decent used car can be had for between 3K and 5K if you so desire. You can't go wrong buying the home through Constante Ponti at First Home Mortgage 713-532-6700. Look for home information on www.har.com. Good Luck and WELCOME!
2006-12-25 06:57:52 · answer #4 · answered by Anonymous · 0⤊ 1⤋
In Pearland I suggest contacting a realtor (Remax).
You should go and look for two months, then buy a three bedroom home, because of the resale value is the best.
Check with carmax on the I-45 freeway around beltway 8 area.
The have some good cars.
2006-12-24 11:52:15 · answer #5 · answered by Anonymous · 0⤊ 2⤋
check out har.com (har = Houston Area Realtors)
I would suggest that you rent for at least a year. That gives you enough time to become familiar with the city.
If you send me an email, I'll be happy to provide you with my realtors name and phone. My mom and I looked for over a year and he was always patient and upfront.
As for a car, there are MANY car lots. However, I suggest www.carmax.com.
2006-12-23 22:28:20 · answer #6 · answered by Intolerant of Stupidity! 2 · 0⤊ 2⤋
I like using www.urbanliving.com for my house hunting/comparing, etc... I find it easier to get around than Har, but maybe that is just me.
You can find houses in the 100k range, they are older and smaller... and depending on where exactly they are may be in bad neighborhoods... but a realtor will be your best resource for help in your search, for location.... You would be better to have 20% down on your house, as it avoids some extra fees and keeps your house note smaller....
Cheap used cars are plentiful... depends on your price range..
2006-12-31 00:39:28 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Hyptonuts is right, you need to atkeast get a three bedroom house for when you resale the house.
2006-12-24 14:58:45 · answer #8 · answered by Michael H 1 · 0⤊ 2⤋
you can probably buy a house with 10k down, after you establish credit for about a year.
you can see what houses go for on realtor.com
2006-12-23 14:43:43 · answer #9 · answered by gary d 3 · 1⤊ 1⤋
LMAO this is great! lol. Love the duct tape one it's so true...and the mouse trap. OUCH! lol
2016-05-23 03:03:02 · answer #10 · answered by ? 4 · 0⤊ 0⤋