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Home Advice - Moving to Baton Rouge in August
Posted on 5/28/14 at 9:59 am
Posted on 5/28/14 at 9:59 am
Just received an unexpected job offer that would put me on track to return to Baton Rouge in August.
My wife and I bought our first home in July of 2012, but don't know if we could realistically sell it before we move. We don't have much equity in the home because we only put 3% down for the FHA loan. However, I have a friend that has owned a property management and real estate company here in Tx for 15 years. I will be speaking with him about our current home later today.
We recently hit our target emergency fund amount, but don't have anything else besides an IRA. I'm worried about depleting that fund since my wife is expecting our first child.
Renting an apartment may be our best option in the near term, but I worry about finding one that is spacious enough for a family and not prone to college parties (I feel old saying that).
My wife and I bought our first home in July of 2012, but don't know if we could realistically sell it before we move. We don't have much equity in the home because we only put 3% down for the FHA loan. However, I have a friend that has owned a property management and real estate company here in Tx for 15 years. I will be speaking with him about our current home later today.
We recently hit our target emergency fund amount, but don't have anything else besides an IRA. I'm worried about depleting that fund since my wife is expecting our first child.
Renting an apartment may be our best option in the near term, but I worry about finding one that is spacious enough for a family and not prone to college parties (I feel old saying that).
6
Posted on 5/28/14 at 10:23 am to Bmath
I would definitely recommend selling your current home before buying something else. Even if you have to drop your price significantly to get rid of it, it's better than just paying a house note on a house you are not living in.
Posted on 5/28/14 at 11:55 am to Bmath
Your best bet for rentals is check outside of BR Proper. The burbs like Denham Springs, Gonzales, and Prairieville will have much better options for rentals if you have a family. Thats what the wife and I did. Renting in Denham and really enjoy it.
Posted on 5/28/14 at 3:10 pm to Bmath
I have a rent house coming up for occupancy July 1. 3 BR, 2 bath, nice yard. right near Bocage and Towne center. $1300/month.
this place is perfect for you.
quote:
I worry about finding one that is spacious enough for a family and not prone to college parties (I feel old saying that).
this place is perfect for you.
Posted on 5/28/14 at 6:15 pm to Bmath
sell it and start over
Posted on 5/28/14 at 6:32 pm to Bmath
quote:
Renting an apartment may be our best option in the near term
I moved to Baton Rouge for a new job a year ago this next week and this is exactly what we did. We're still in an apartment to this day but close on a house in 2 weeks. I didn't anticipate finding a house taking this long, but I do not regret a thing.
This whole year we've been able to get a feel for all areas of BR and make a more informed decision as to where we want to call home. You really need to live here for some time to get a true feel for the area.
Posted on 5/29/14 at 12:44 pm to Bmath
Bmath,
I'd be glad to help you on this end in Baton Rouge. I am a Realtor with Re/Max and work all over Baton Rouge. If you need a rental for a while before you buy I can handle that too. Here is my website [link=(www.buyingbatonrouge.com)]www.buyingbatonrouge.com[/link].
Let me know how I can help.
I'd be glad to help you on this end in Baton Rouge. I am a Realtor with Re/Max and work all over Baton Rouge. If you need a rental for a while before you buy I can handle that too. Here is my website [link=(www.buyingbatonrouge.com)]www.buyingbatonrouge.com[/link].
Let me know how I can help.
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