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Sea2SanDParticipant
Before you buy spend a couple weeks around the condo communities in the early evening and late evening on weekends before you pull the trigger.
It may not be the family atmosphere you are looking for IMHO.
That’s probably a good idea. Isn’t it generally a nice area?
Sea2SanDParticipantBefore you buy spend a couple weeks around the condo communities in the early evening and late evening on weekends before you pull the trigger.
It may not be the family atmosphere you are looking for IMHO.
That’s probably a good idea. Isn’t it generally a nice area?
Sea2SanDParticipantBefore you buy spend a couple weeks around the condo communities in the early evening and late evening on weekends before you pull the trigger.
It may not be the family atmosphere you are looking for IMHO.
That’s probably a good idea. Isn’t it generally a nice area?
Sea2SanDParticipantBefore you buy spend a couple weeks around the condo communities in the early evening and late evening on weekends before you pull the trigger.
It may not be the family atmosphere you are looking for IMHO.
That’s probably a good idea. Isn’t it generally a nice area?
November 7, 2007 at 8:33 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #97150Sea2SanDParticipantWhether or not to buy depends on how long you plan on staying. You need to understand that you won’t see any meaningful appreciation for at least 5 years and you’ll see serious depreciation (at least 10%) in the next 12-18 months.
So, I’d personally rent for at least a year and then start looking if you think you’ll be here at least 5 years. But be very selective as it will be a buyer’s market for some time to come. Also, you won’t have any problem getting a mortgage at the best rates with 30% down and a job, no matter how bad the credit crunch gets and/or prices continue to decline. But I think a mortgage is DEFINITELY the way to go. Unless you have a bunch more money, I wouldn’t be so quick to dump all my money into the real estate market. Diversify.
As for the “keep your euros” sentiment, the dollar won’t get much worse, probably just a $1.50. But that’s a long way from $0.87 where it was just a few years ago. Enjoy the purchasing power while you have it.
November 7, 2007 at 8:33 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #97229Sea2SanDParticipantWhether or not to buy depends on how long you plan on staying. You need to understand that you won’t see any meaningful appreciation for at least 5 years and you’ll see serious depreciation (at least 10%) in the next 12-18 months.
So, I’d personally rent for at least a year and then start looking if you think you’ll be here at least 5 years. But be very selective as it will be a buyer’s market for some time to come. Also, you won’t have any problem getting a mortgage at the best rates with 30% down and a job, no matter how bad the credit crunch gets and/or prices continue to decline. But I think a mortgage is DEFINITELY the way to go. Unless you have a bunch more money, I wouldn’t be so quick to dump all my money into the real estate market. Diversify.
As for the “keep your euros” sentiment, the dollar won’t get much worse, probably just a $1.50. But that’s a long way from $0.87 where it was just a few years ago. Enjoy the purchasing power while you have it.
November 7, 2007 at 8:33 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #97221Sea2SanDParticipantWhether or not to buy depends on how long you plan on staying. You need to understand that you won’t see any meaningful appreciation for at least 5 years and you’ll see serious depreciation (at least 10%) in the next 12-18 months.
So, I’d personally rent for at least a year and then start looking if you think you’ll be here at least 5 years. But be very selective as it will be a buyer’s market for some time to come. Also, you won’t have any problem getting a mortgage at the best rates with 30% down and a job, no matter how bad the credit crunch gets and/or prices continue to decline. But I think a mortgage is DEFINITELY the way to go. Unless you have a bunch more money, I wouldn’t be so quick to dump all my money into the real estate market. Diversify.
As for the “keep your euros” sentiment, the dollar won’t get much worse, probably just a $1.50. But that’s a long way from $0.87 where it was just a few years ago. Enjoy the purchasing power while you have it.
November 7, 2007 at 8:33 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #97211Sea2SanDParticipantWhether or not to buy depends on how long you plan on staying. You need to understand that you won’t see any meaningful appreciation for at least 5 years and you’ll see serious depreciation (at least 10%) in the next 12-18 months.
So, I’d personally rent for at least a year and then start looking if you think you’ll be here at least 5 years. But be very selective as it will be a buyer’s market for some time to come. Also, you won’t have any problem getting a mortgage at the best rates with 30% down and a job, no matter how bad the credit crunch gets and/or prices continue to decline. But I think a mortgage is DEFINITELY the way to go. Unless you have a bunch more money, I wouldn’t be so quick to dump all my money into the real estate market. Diversify.
As for the “keep your euros” sentiment, the dollar won’t get much worse, probably just a $1.50. But that’s a long way from $0.87 where it was just a few years ago. Enjoy the purchasing power while you have it.
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