Reply to 200K salary

Forum Index » Real Estate

Reply to "200K salary"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Yes, I have separate rental income that I’m saving for retirement. Please focus on the question I asked.[/quote]
I was going to recommend Vienna over McLean because it would be much easier to find a village of parents w similarly-aged kids, which you’ll want as a single mom…EXCEPT. If this is how you ask for help, that warm community experience is not going to be available to you and your children.

I live in an expensive area and have a SFH with a nice yard. Very, very few of the kids in our neighborhood, even the ones with elaborate play structures set up (and pools and tennis courts too), actually play outside in the yard. I think the fact that you have tennis courts and pool access but your kids don’t use them gives a hint as to whether they’d actually use the outside space very much. In the meantime we have spent waaaaay more than your condo fee on home maintenance and landscaping (which doesn’t include the kind of gardening you must do yourself for picture-worthy scenery). If you want your house and yard to look nice, which I think you will after living in a fancy condo, expect to put money into it. Townhouse w deck is probably a better way to go for you lifestyle-wise.

In the meantime, the downpayment should only be large enough to get your offer into play. You don’t *have* to spend the entire available $500k on your downpayment—in fact to do so would be stupid because you can grow that money so much more by putting it into other channels, as already discussed above. If your family is in a league where that doesn’t matter to you, then why don’t you just ask your parents to help you buy a place outright [/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