Interesting_Ad3949
Interesting_Ad3949 t1_iycxv99 wrote
Reply to comment by ThisistheInfiniteIs in PSA: Please clean up after you dogs. by Itburns138
Funny that you got down voted... SMH
Interesting_Ad3949 t1_ix4l68c wrote
Reply to comment by corned_beef_balls in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
I can't afford my house today because my house value has tripled. I could afford it when i bought it and people advised me against buying in this neighborhood in Dorchester. Today, I'd tell people to go where there opportunities are. Randolph, Lynn, Saugus, Weymouth. Just get something near a T if needed.
Edit: Two families in Hyde Park, Roslindale, Mattapan, and other places
Interesting_Ad3949 t1_ix4bb5q wrote
Reply to comment by corned_beef_balls in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
Umm i bought in a low income neighborhood. And had to be my own handyman. Most people can do it, it takes sacrifice sometimes.
Interesting_Ad3949 t1_ix3es69 wrote
Reply to comment by corned_beef_balls in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
Stop talking for everyone else. It's obtainable for you. It was obtainable for poor people before because many Boston neighborhoods are where highly sought after. gentrification changed things. There are neigborhoods where low income people can afford. It may require some travel or different area but it can be done.
My parents couldnt buy in NY, so they moved to Florida. I bought in Dorchester and couldnt afford the South End. Do what you gotta do!
Interesting_Ad3949 t1_ix3bl22 wrote
Reply to comment by corned_beef_balls in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
I just have you neighborhoods where the dream is obtainable. You can ignore that if you want. Buying in Newton may not be obtainable but Randolph is.
FYI poor people aren't buying houses in Boston or much anywhere for that matter. So realistically, that median salary is mostly for single professionals middle
Interesting_Ad3949 t1_ix34tiv wrote
Reply to comment by corned_beef_balls in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
Why im up no idea lol.. If you are not well off then you aren't buying in any current "good" areas no matter what. Stop using strawmen though. Use your situation... i bought in Dorchester when cabs didnt want to take you home from downtown at night. Now its one of the places to move to. I went through NACA for homebuyers assistance and workshops and put down 5% FHA loan. If i were buying right now, i couldnt afford my own house. I'd buy in Randolph, Brockton, Weymouth, Lynn, Saugus, Everett, etc All withn 30 minutes of Boston.
Many current "good" areas were not ao great areas before. When you dont have the resources, you do what ya gotta do.
A Couple making the median salary is $154k. They could get a 500-600k house with a commute. Or better yet get a 2 family that needs some TLC and the rental Income goes towards the mortgage.
Interesting_Ad3949 t1_ix2aqda wrote
Reply to comment by Bostonosaurus in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
Dude $750k with 20% down is a $600k financed mortgage. At 6% thats about $3,650. Where yall getting your numbers from??? I just used a mortgages calculator. Id add more to that for Insurance which is about 2400per year.
A mortgage and house is not unobtainable in the boston area.
Interesting_Ad3949 t1_ix1vcy1 wrote
Reply to comment by Bostonosaurus in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus
For a first time home buyer, you dont have to put down 20%. You can do 5 or 10%. A $5000 mortgage is basically a milion dollar home. So, if we arent talking that kind of house, lets be more realistic and say mortgages between 2000 and 3500 depending on down payment and price. A $500k house at 4.5 no down payment has a mortgage of about $2500.
So, OP was getting outbid because it was a sellers market. And most likely competing with developers who have cash.
Interesting_Ad3949 t1_iycxxm0 wrote
Reply to comment by ThisistheInfiniteIs in PSA: Please clean up after you dogs. by Itburns138
Your backyard or your apt. You got the dog, deal with it in the appropriate manner.