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re: Homebuying...fresh out of college
Posted on 9/16/09 at 10:59 am to displacedhorn
Posted on 9/16/09 at 10:59 am to displacedhorn
Thanks for all the advice guys. It is in Houston, and I actually lived there this past summer in the Heights area. The drive to work from there was north against traffic (quick). I'd like to stay inside the loop, so yea i'll probably have to save awhile. I have a yellow lab so i'd like to have at least some kinda fenced yard...that's why i'm dreading an apartment!
I'm going to make a few trips this fall to look around.
What about letting a friend rent out a room to help with the house note? Good idea, bad idea? Thanks for the responses
I'm going to make a few trips this fall to look around.
What about letting a friend rent out a room to help with the house note? Good idea, bad idea? Thanks for the responses
Posted on 9/16/09 at 11:16 am to OTalter
As referenced above prices outside of loop in Houston for real estate in Texas is incredible ...especially with Katy, Richmond, Perland, etc. continue to expand and build new homes.
I-10 is much improved and I soley use Westpark Tollway which is extremely quick for me
Pro of living outside of loop more house less money and yard...inside loop probably minimal yard at best hell lots are going for 200K but if you needed to sell it could be done much quicker than outside loop
Friend renting out never a bad idea - however it really comes down to your cash flow and I would buy a home soley basing it off of my income not hoping you have a tenant...so I would say that is a non factor
If you have friends in the area have them show you different spots in town or have a real estate agent give you some ideas
Also, you apply for the Texas Homestead Exemption and that will lower your property tax...I actually thought Texas had low property tax, but it varies depending upon county
I-10 is much improved and I soley use Westpark Tollway which is extremely quick for me
Pro of living outside of loop more house less money and yard...inside loop probably minimal yard at best hell lots are going for 200K but if you needed to sell it could be done much quicker than outside loop
Friend renting out never a bad idea - however it really comes down to your cash flow and I would buy a home soley basing it off of my income not hoping you have a tenant...so I would say that is a non factor
If you have friends in the area have them show you different spots in town or have a real estate agent give you some ideas
Also, you apply for the Texas Homestead Exemption and that will lower your property tax...I actually thought Texas had low property tax, but it varies depending upon county
This post was edited on 9/16/09 at 11:18 am
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