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House buying help   Hima   07/21/2019 10:34 AM  

Thinking of buying a home. Found a home around 320k in Wallingford.
I am planning to sell my property in India, I may get around $75k. What you think about selling property in India and paying down payment? Also how’s Wallingford for living, schools etc? Also has Cheshire in mind.


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Re: House buying help   Sam   07/22/2019 01:03 PM  


Selling property in India and making a down payment here is a good option but the mortgage rate here is much lower than bank deposit rate in India at this point. If you plan wisely, you can save some money on yearly basis. You can consult some CA in India.

As far as the city/town in CT goes, different people have different opinions.


For schools please check this website. Just enter ZIP code and you find the rating for all the schools in the the town.
https://www.greatschools.org/

This should help you with the towns as well.

Hope it helps.

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Re: House buying help   RT   07/22/2019 01:48 PM  

you are qualified for low income housing. check out there.

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Re: Re: House buying help   Raj   07/22/2019 02:10 PM  

I will never sell property in India. You should always have backup plans if something goes wrong.

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Re: Re: Re: House buying help   Abc   07/22/2019 02:37 PM  

Just bought house in north haven. Did look houses in wallingford but we preffered north haven due to school sys, town services, new haven down town proxitimity and possible quicker sale than wallingford. Wallingford adv was bit cheaper and newers houses and 10 min more close to the hartford.. again depends what u want..

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Re: House buying help   Helper   07/22/2019 07:55 PM  

Dont sell your house in india. Worse case if you loose job and have to foreclose on your house here in usa you will loose your hoise in india and left homeless. Best to take a fha loan and put less down payment on this house in wallingford. Think twice before buying in Connecticut. As its very difficult to sale house here in this state. Properyy taxes are so high. Best to spend less and wisely.

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Re: Re: Re: Re: House buying help   SK   07/22/2019 09:49 PM  

any good options in north haven? I am looking to buy in north haven too. What's the cost etc, etc. Any pointers would be great help.

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Re: Re: Re: Re: Re: House buying help   Abc   07/22/2019 10:26 PM  

Its not so easy to find the ideal houses in north haven since there are no new ( very few) constructions.. Between new haven and hartford, i would consider north haven only due to schools (rocky hill too but far from new haven).. its popular due to schools, close to new haven down town, parks, close i95, i91 and rt 15 highway. connecticut is not tough to sell the houses. Its wrong. Depends on many factors city, schools, neighbourhood, house itself
Yes taxes are high but that every one knows.. it goes by cost of living vs income.. income varies person to person

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Re: Re: Re: Re: Re: Re: House buying help   sk   07/23/2019 09:31 PM  

thanks ABC. make sense. Are you aware of any new constructions in north haven,

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