facebook Twitter RSS Feed YouTube StumbleUpon

Home | Forum | Chat | Tours | Articles | Pictures | News | Tools | History | Tourism | Search

 
 


Go Back   BanglaCricket Forum > Miscellaneous > Forget Cricket

Forget Cricket Talk about anything [within Board Rules, of course :) ]

Reply
 
Thread Tools Display Modes
  #1  
Old March 27, 2019, 11:18 AM
Rinan Rinan is offline
ODI Cricketer
 
Join Date: November 2, 2013
Posts: 594
Default Property: First time buyer

So my mortgage has approved by Barclays. I am a first time buyer and buying a new build 3 bed house in Essex.
Will pay 20% deposit and rest help to buy and mortgage.
Buying a house is one of the most important step in life.
I am so excited and can’t wait to move my new house.
Feel free to share yours.
__________________
Bangladesh
Reply With Quote

  #2  
Old March 27, 2019, 11:23 AM
iDumb iDumb is offline
Cricket Legend
 
Join Date: June 18, 2010
Location: NYC
Favorite Player: Di Caprio
Posts: 7,244

A big congratultions to you!!! A new build - now that's awesome. Hope this is first of many. share some pics if it's not too identifying.
__________________
Life is short. Have an affair.
Reply With Quote
  #3  
Old March 27, 2019, 01:43 PM
adamnsu adamnsu is offline
Cricket Guru
 
Join Date: December 12, 2005
Location: Surrey
Favorite Player: Tamim and Shakib
Posts: 14,719

Congrats! Yes exciting times indeed. My first property was a new build flat that I got during the property crash.

A property is usually the most expensive purchase in one’s life.
Reply With Quote
  #4  
Old March 27, 2019, 02:12 PM
Rinan Rinan is offline
ODI Cricketer
 
Join Date: November 2, 2013
Posts: 594

Quote:
Originally Posted by iDumb
A big congratultions to you!!! A new build - now that's awesome. Hope this is first of many. share some pics if it's not too identifying.
Thanks man, will take lots of pics when i go next,
__________________
Bangladesh
Reply With Quote
  #5  
Old March 27, 2019, 02:12 PM
Rinan Rinan is offline
ODI Cricketer
 
Join Date: November 2, 2013
Posts: 594

Quote:
Originally Posted by adamnsu
Congrats! Yes exciting times indeed. My first property was a new build flat that I got during the property crash.

A property is usually the most expensive purchase in one’s life.
true man, when did u buy?
__________________
Bangladesh
Reply With Quote
  #6  
Old March 27, 2019, 02:40 PM
NoName's Avatar
NoName NoName is offline
Cricket Guru
 
Join Date: April 9, 2011
Location: Sauga
Posts: 10,326

How much do houses go for in the UK?

Also Congrats on your purchase
__________________
"How the little piglets would grunt if they knew how the old boar suffered."
Reply With Quote
  #7  
Old March 27, 2019, 02:46 PM
adamnsu adamnsu is offline
Cricket Guru
 
Join Date: December 12, 2005
Location: Surrey
Favorite Player: Tamim and Shakib
Posts: 14,719

Quote:
Originally Posted by Rinan
true man, when did u buy?
End of 2009. Bought it as a shell. Used to bribe the workers with food treats and they took special care of our flat while building it. The head foreman was an Arsenal fan and we would talk about football.

Ours was the most sought after development as it was not the typical hotel style and situated in an amazing place. Every owner that resold their flat did it in a week.

New builds can be amazing as they are extremely energy efficient and it doesn't get too hot either. But it all depends on how good the builders built it.
Reply With Quote
  #8  
Old March 28, 2019, 06:26 AM
Rinan Rinan is offline
ODI Cricketer
 
Join Date: November 2, 2013
Posts: 594

Quote:
Originally Posted by NoName
How much do houses go for in the UK?

Also Congrats on your purchase
I bought mine for £355k
__________________
Bangladesh
Reply With Quote
  #9  
Old March 28, 2019, 08:04 AM
Shingara's Avatar
Shingara Shingara is offline
Cricket Legend
 
Join Date: March 6, 2016
Location: USAF AWACS
Favorite Player: Pilot
Posts: 2,469

Will you be inviting your friends to your new house ?
Like you did when your son was born ?
Reply With Quote
  #10  
Old March 28, 2019, 08:48 AM
iDumb iDumb is offline
Cricket Legend
 
Join Date: June 18, 2010
Location: NYC
Favorite Player: Di Caprio
Posts: 7,244

Rinan it's funny you made this thread now. I am also in contract currently but until I actually move in - nothing really changed. and i feel nothing. My feelings maybe this way probably because the property that i am in contract is built in 1960s. Also for me this purchase is financially a bad movebut my reasoning to go into it is not financial

I am gonna try to pay it off in 5 years. Thats a challenge I can look forward to perhaps.
__________________
Life is short. Have an affair.
Reply With Quote
  #11  
Old March 31, 2019, 01:38 AM
One World One World is offline
Cricket Sage
 
Join Date: May 18, 2005
Location: New England
Favorite Player: Mominul Haque
Posts: 24,706

Owning a house brings a qualitative change in your life. Once you own it you cherish it, you create memories in it.
You cannot do or feel the same in a rental. My granddad's house in Azimpur bears that same feeling, everytime I enter or go nearer to it, I start to feel that special emotion rising in my blood, dipping me into a tranquil unearthly realization not enough to explain in words. Same did not happen when I bought my apartment in Dhaka. It did not bring the similar charm.

When I bought my current house it was not much a feeling in the beginning. Perhaps I was already too old. But slowly as I started to know it, beyond the wood panels, baseboard vents, green backyard with occasional deer stroll or the attic, I started to feel the pulse of it and slowly the rhythm adhered to the rhythm of my heart.

As I said, heard to explain in words. Great decision. Good luck.
__________________
À vaincre sans péril, on triomphe sans gloire.
Reply With Quote
  #12  
Old March 31, 2019, 01:02 PM
Yankees Yankees is offline
Cricket Legend
 
Join Date: February 10, 2017
Location: New York
Favorite Player: Sanga,Mash,Shakib,Fizz
Posts: 3,782

Quote:
Originally Posted by Rinan
So my mortgage has approved by Barclays. I am a first time buyer and buying a new build 3 bed house in Essex.
Will pay 20% deposit and rest help to buy and mortgage.
Buying a house is one of the most important step in life.
I am so excited and can’t wait to move my new house.
Feel free to share yours.
Congrats Rinan. Been to Essex once, not a bad place. and apparently "the only way is essex" so there you go.
Reply With Quote
  #13  
Old March 31, 2019, 02:00 PM
Yankees Yankees is offline
Cricket Legend
 
Join Date: February 10, 2017
Location: New York
Favorite Player: Sanga,Mash,Shakib,Fizz
Posts: 3,782

I'm going to give a different perspective. I became a first time home owner last December, but I don't live in it. Instead, I continue to rent my studio apt in Queens and plan to rent ou tthe house.

For context, I bought a 2 family brick home, built in 1899, in Brooklyn, NY. The house itself didnt look very exciting, property came vacant in what realtors describe as TLC (tender, love, & care). Theres quite a bit of renovation work to be done, which I'm still finishing up.

You know before this I was looking for something on and off for about a year!! So to finally close was an incredible feeling. But I wasn't looking for a home, I was looking for an investment. So for me the important factor was strictly financial, not things like "oh is there a nearby daycare?", etc. And as things stand, even with the complete remodel work and lost rental income amortized, I am looking at a positive cash flow based on projected rent in the area. Infact, things are looking good, I already have 1 tenant approved - an optometrist with his own practice nearby.

Where I do feel an emotional attachment is knowing that I now own a piece of Brooklyn, one of the hottest markets on the planet, even if I don't actually live there
Reply With Quote
  #14  
Old March 31, 2019, 03:11 PM
iDumb iDumb is offline
Cricket Legend
 
Join Date: June 18, 2010
Location: NYC
Favorite Player: Di Caprio
Posts: 7,244

I met Rinan. This is not his first property. His first house to live in. In fact I think his job is buying and selling properties. From his excitement I am sure he got a great purchase.

My yearly property tax alone will be equal to my current yearly 2 bedroom apt rent. And None of the property tax will be tax deductible with current tax law. So this is financially the most dumbest thing i am ever doing in my life. But not everything can be measured in money.

I guess ppl have their thing.. i get more excited when s&p gain 10% in a year :p
__________________
Life is short. Have an affair.
Reply With Quote
  #15  
Old March 31, 2019, 03:15 PM
iDumb iDumb is offline
Cricket Legend
 
Join Date: June 18, 2010
Location: NYC
Favorite Player: Di Caprio
Posts: 7,244

Quote:
Originally Posted by One World
Owning a house brings a qualitative change in your life. O.
nice post. I can see that for the kids u raise.
__________________
Life is short. Have an affair.
Reply With Quote
  #16  
Old April 11, 2019, 03:59 AM
Yankees Yankees is offline
Cricket Legend
 
Join Date: February 10, 2017
Location: New York
Favorite Player: Sanga,Mash,Shakib,Fizz
Posts: 3,782

anyone here ever buy a condo/co-op? If so, how do you feel about them now?
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



All times are GMT -5. The time now is 06:32 AM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
BanglaCricket.com
 

About Us | Contact Us | Privacy Policy | Partner Sites | Useful Links | Banners |

© BanglaCricket