Desi Fam,

This question is to home owners in America.

What are the major factors you have considered before buying home?
How much percentage you have put in as down payment.
Are you satisfied with your decision

Please share your opinions.

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Hello! Lots of different factors came to mind. Location, school district, crime rate, etc. I would consider these factors plus anything else that is a critical factor specifically for you. Also, we personally also thought about how scalable the home is. We bought a home that’s bigger than what we need at the moment but it’s something we can grow into and probably don’t ever need to move given it fits almost all of our criteria. Our biggest criteria was school district, proximity to my parents home and safety / crime rate of the neighborhood. Personally I would have at least 20% down plus 6-7 month reserve. Depending on how old / new the property is, I would set aside about 5-10k for unexpected home expenses. And yes! We are definitely satisfied with our decision. It’s definitely an accomplishment buying a home on our own in America. Especially for those of us who came with our parents who didn’t have much through most of our lives. Good luck! :-)

likeupliftinghelpful

Agree with M1. I’m buying second one.

Get with a good realtor. Look into FHA grants as well.

One of our major considerations was our visa situation. If it’s uncertain and this is your first home, it’s probably better to buy something like an apartment rather than single family home.

Agree with C1. In my opinion a condo (even a studio) is much easier to sell/rent in a hip neighborhood. You’ll be selling/renting to young professionals/couples/grads. Just reconfirm HOA restrictions on rentals in advance

Depends on your priorities. When I was young (er) I wanted to be in a city, so a hip neighborhood was my priority. I put half down on a condo and ensured I pay it off as early as possible in order to avoid interest. Recently rented out that condo and now my husband and I bought a place in the suburbs where there are better schools since we have a 4 year old. Did the same thing - paid a huge chunk down and will try to pay it off soon.
Long story short - what’s important to you location wise and how much can you afford are two things to consider

I have no regrets. I’d probably have regrets if I had bought a place thats out of my budget and if I were stuck with a 30 year mortgage

Agree but moving is a B. Also some would argue if you’re planning on making your current home an investment property, may make more sense to not put so much money into it (meaning the house itself or towards paying it off). Opportunistically your money is better off towards your next homes down payment and hopefully your monthly rent covers the rest. I had the luxury of living with my parents through college and afterwards. Had 2 investments before I got my current “forever home” so kind of did it the other way around from that perspective. Hoping the next real estate crash isn’t too far out so we can pull the trigger on another property.

Surveillance on citizens wasn't the only thing he exposed. He exposed deep covert programs destabilizing countries.

Also ironic how programs of some countries are called "national security", "overseas interest", and "routine surveillance" while other countries are "violating civil liberties" , "spying and violation of sovereignty" and "dangerous aggression in international waters/arenas". Lol

Um, why am I having a hard time understanding this bizarre response

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