HOME  |  MESSAGE BOARD  |  LINKS  |  CONTACT
  Connecticut Indians Message Board
           [Post New Message ]   No Registration Required
Message  
Author  
Date  
Selling property in India to buy a home here   Si   03/12/2018 07:36 PM  
Is it a good idea to sell property in India and pay 25% down payment to buy a home here? Or have high monthly mortgage payment and keep property in India? Second option means tight life and less money in bank account. . First option means property in India gone.

[Reply]
Re: Selling property in India to buy a home here   AB   03/12/2018 07:42 PM  
It is worth paying 20% in US. This helps not paying PMI which is a good amount !

conditional sell does not work most of the time well.. reason being Indian property market is not good. Not much buyers !
You cannot keep waiting for sell one and buy another; usually that does not work well !

Most possible one is,
Buy in US and when you sell indian properly, you can bring that money and pay some more

OR

Wait for India property to sell; not sure how long that will take !




[Reply]
Re: Re: Selling property in India to buy a home here   Kiran   03/13/2018 10:08 PM  
50-50

[Reply]
Re: Selling property in India to buy a home here   Desi   03/14/2018 09:35 AM  
Don't ever commit this mistake if you are on visa.

[Reply]
Re: Re: Selling property in India to buy a home here   Ct Desi   03/14/2018 12:51 PM  
The ROI on property is way greater here than in India.

[Reply]
www.ctdesi.com Copyright 2005-2016 All Rights reserved. This site has details and links to advertisements, events, links, messages posted by users. The users need to verify the correctness of such information and ctdesi.com do not guarantee the correctness of the content. The risk of using this content remains with the user. Please read our Privacy Policy Send any comments to: Contact