Bonnie Scotland to the Old USA
#16
Re: Bonnie Scotland to the Old USA
Cause in my opinion the UK and Europe are far better culturally, far more interesting, diverse, a richer experience.
I've done very well in the U.S., especially financially, but I'm tired of it. The quality of life isn't particularly better here, just different.
If you've got the dosh you can do well anywhere, but in the US, if you fall on hard times it's can be much worse than the UK.
(I moved from Airdrie.)
#17
Account Closed
Joined: Nov 2012
Posts: 1,570
Re: Bonnie Scotland to the Old USA
Cause in my opinion the UK and Europe are far better culturally, far more interesting, diverse, a richer experience.
I've done very well in the U.S., especially financially, but I'm tired of it. The quality of life isn't particularly better here, just different.
If you've got the dosh you can do well anywhere, but in the US, if you fall on hard times it's can be much worse than the UK.
(I moved from Airdrie.)
I've done very well in the U.S., especially financially, but I'm tired of it. The quality of life isn't particularly better here, just different.
If you've got the dosh you can do well anywhere, but in the US, if you fall on hard times it's can be much worse than the UK.
(I moved from Airdrie.)
Be very careful about moving home. Everyone i know that have done so have moved back (to exactly the same town) within months of living back in the UK. Its not the same seems as it used to be is the general opinion.
#18
Re: Bonnie Scotland to the Old USA
Several places around California but also extended times in many other States through work.
I've seen a lot more of America than most people.
I go back and forth quite a lot so there won't be any culture shock on my return. Things don't seem much different in Scotland since I left 15 years ago And my US born wife is looking forward to exploring Europe.
Looking forward to a nice wee cottage in Perthshire
I've seen a lot more of America than most people.
I go back and forth quite a lot so there won't be any culture shock on my return. Things don't seem much different in Scotland since I left 15 years ago And my US born wife is looking forward to exploring Europe.
Looking forward to a nice wee cottage in Perthshire
Last edited by Hotscot; May 6th 2014 at 6:19 pm.
#19
Lost in BE Cyberspace
Joined: Jan 2008
Posts: 41,518
Re: Bonnie Scotland to the Old USA
Generally the changes that have happened have been good I think. Lots of regeneration, better shopping and food. I don't really know what the 'it's not like it used to be' brigade are on about. Sometimes it's code for immigrants. Like LA doesn't have any
#21
Re: Bonnie Scotland to the Old USA
If you're looking in the 300-400k sort of ballpark to buy, then the equivalent rental will be around 1.00-1.10 per sqft - ie a 4000 sqft house will cost 4000/month, ballpark. Cost of "exterior maintenance" (pool/lawn) will be negotiable - if you end up paying it, it could vary from 30-40/week for the pool, and another 30ish/week for the lawn service.
It is definitely a landlords market out here at the moment. There are not many decent houses that are realistically priced for rental, and those that there are, are going very quickly.
When are you moving? The market (both rental and sales) should calm down a little after the summer.
On the property tax, as mentioned earlier, the owner will pay it if you are renting (ie included in the rent) but once you buy, you will be looking anything from a little over 2% to just under 4% of the property assessed value per year. The amount varies significantly, largely based on which MUD district you are in, and what their outstanding bond liabilities are. Some of the newer developments are higher, while some of the older ones are starting to get cheaper.
On the 60k salary (pre tax?) - not sure what you do in O&G, but that doesn't sound like a large salary for relocating here, but depends on the package. I had an Italian renter who moved here and on his rental application listed his salary as 30k - the rent was 3k/month - wtf It turned out the 30k was his after tax pocket money, because his package included 100% of all his costs - rent, electricity, car, medical etc .
If you are looking at buying a house for $300k with a pool (I would have a serious look at whether that is reasonable - I think you need to be adding another 100k to be honest), then mortgage payments are going to be around 8500-9000pa (15 yr mortgage) property tax could be say 8-10k, insurance 2-3k, so you're talking c.20k gone before you start on cars, medical etc. Someone else has mentioned HAR.com, but have a look at their app as well - it is map driven, and gives a great idea of what is available where it is, and how much it is. You can refine the map search for price, pool, bedrooms, etc etc, and it also has tax info for full comparisons.
Good Luck!
ETA - all the above is based on "new" Katy - west of Fry, North of Westpark, South of I-10
Last edited by Yorkieabroad; May 7th 2014 at 2:34 pm. Reason: ETA - all the above is based on Katy - west of Fry, North of Westpark, South of I-10
#22
Re: Bonnie Scotland to the Old USA
.... If you are looking at buying a house for $300k with a pool (I would have a serious look at whether that is reasonable - I think you need to be adding another 100k to be honest), then mortgage payments are going to be around $8,500-$9,000pa (15 yr mortgage) .....
Payments on even a $100k mortgage over 15 years are going to be more than $9kpa (actually $764/mth = $9,160pa).
I'm going to guess that you put down a deposit substantially greater than 20%?
Last edited by Pulaski; May 7th 2014 at 4:09 pm.
#23
Re: Bonnie Scotland to the Old USA
There is something waaay off in your numbers. Payments on the mortgage alone for $240,000 (80% of $300k) are going to be over $1,800/mth for a 15 year mortgage at 4½%.
Payments on even a $100k mortgage over 15 years are going to be more than $9kpa (actually $764/mth = $9,160pa).
I'm going to guess that you put down a deposit substantially greater than 20%?
Payments on even a $100k mortgage over 15 years are going to be more than $9kpa (actually $764/mth = $9,160pa).
I'm going to guess that you put down a deposit substantially greater than 20%?
I ran some numbers last week, on the basis of a quote we got at 3.375% and it ran something like 1700/ month, or just over 20k a year.
#24
Re: Bonnie Scotland to the Old USA
Forget Trulia, and get onto har.com.
$60k is not a lot of money for and O&G job and unless you have spare cash, you will not afford the better or more commutable areas of Katy. I agree with the other poster, add another $100k to your budget for buying a house. You will jot want to buy in certain parts of Houston as you will take a loss trying to resell if you leave later.
The rentals market is insane now, and rentals seem to be more done word of mouth or within oil companies' relocation departments.
Everyone thinks Houston is a huge bargain, with cheap, plentiful housing for all. That simply isn't true these days. Five years ago we came with a budget of $400k for a house and almost matched it. Now I say go $450k minimum for something in a reasonable location like some areas of Katy.
And we too would love to go back to Scotland, but think we have more opportunities in the US right now for O&G opportunities career-wise. It really depends what you do in the industry, however.
Also the OP may want to talk directly with a relocation realtor like Lorna Ramsey. OP, you can google her.
$60k is not a lot of money for and O&G job and unless you have spare cash, you will not afford the better or more commutable areas of Katy. I agree with the other poster, add another $100k to your budget for buying a house. You will jot want to buy in certain parts of Houston as you will take a loss trying to resell if you leave later.
The rentals market is insane now, and rentals seem to be more done word of mouth or within oil companies' relocation departments.
Everyone thinks Houston is a huge bargain, with cheap, plentiful housing for all. That simply isn't true these days. Five years ago we came with a budget of $400k for a house and almost matched it. Now I say go $450k minimum for something in a reasonable location like some areas of Katy.
And we too would love to go back to Scotland, but think we have more opportunities in the US right now for O&G opportunities career-wise. It really depends what you do in the industry, however.
Also the OP may want to talk directly with a relocation realtor like Lorna Ramsey. OP, you can google her.
#25
Lost in BE Cyberspace
Joined: Jan 2008
Posts: 41,518
Re: Bonnie Scotland to the Old USA
He seemed to be saying he'll be on well over $60,000.
#26
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: Bonnie Scotland to the Old USA
Several places around California but also extended times in many other States through work.
I've seen a lot more of America than most people.
I go back and forth quite a lot so there won't be any culture shock on my return. Things don't seem much different in Scotland since I left 15 years ago And my US born wife is looking forward to exploring Europe.
Looking forward to a nice wee cottage in Perthshire
I've seen a lot more of America than most people.
I go back and forth quite a lot so there won't be any culture shock on my return. Things don't seem much different in Scotland since I left 15 years ago And my US born wife is looking forward to exploring Europe.
Looking forward to a nice wee cottage in Perthshire