Reply to Please help us find our new DC home!

Forum Index » Real Estate

Reply to "Please help us find our new DC home!"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Generally it takes 5 years to break even on the costs of buying a home.

You'd need it to appreciate more than the 6% realtor costs for selling, PLUS the taxes/fees for buying and selling. As PPs have said, it doesn't make sense.

You won't get much more home in Arlington or in Bethesda, but the schools are better. Not sure if it's a possibility that you'll be staying longer, but that makes a difference.

I agree that you should rent, for at least a year, in a good area close to where your DH will be working. There aren't a whole lot of SAHMs in DC proper, most live in the suburbs because of the better schools and cost of living/house selection.

Also, look at where you are living/have lived vs. where you are looking. If you have always lived in the burbs, then it would be more difficult to a new city AND lifestyle. If you have lived in the city, then definitely look at places within walking distance to the metro; there are plenty of nice high rises. You don't want Adams Morgan, for example, if you've never had to deal with city issues (parking restrictions, crime, etc.).[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics