Moving from the sta...
 
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Moving from the states to STT

(@Lizzie0420)
Posts: 7
Active Member
Topic starter
 

Hello,

I'm
Looking into moving from NY to STT within the next 3-5yrs. Im looking to buy a property 3+ bedrooms. I'm a single mom with a small child. I have been in the restaurant/hospitality business for 15+ years and I would like to continue this career while living in STT. I'm considering getting my masters degree in hospitality and tourism management as well as getting a job at my local Ritz-Carlton to not only gain more experience in the industry but also so when I'm ready to move I hope my job will assist in relocating me and I'd already have employment and then work my way up in the company.
I'm just beginning my research regarding this move. I haven't visited STT yet but I've traveled to many places in the Caribbean before.
Any information, advice, feedback, etc would be greatly appreciated!!

Thanks!

 
Posted : August 29, 2016 1:41 am
Exit Zero
(@exit-zero)
Posts: 2460
Famed Member
 

Plenty of information and more in the black banner at the top of this page - including:

https://www.vimovingcenter.com/faq/

with a 3-5 yr. window you will have plenty of time to do some research and get some specific Q & A here.

 
Posted : August 29, 2016 1:53 am
CruzanIron
(@cruzaniron)
Posts: 2534
Famed Member
 

I think the banks still require 20% down for a house loan. A decent home will be $200,000 or so. Can you afford it?

 
Posted : August 29, 2016 4:31 am
(@alana33)
Posts: 12365
Illustrious Member
 

A decent home on STT will cost more than $200K.

 
Posted : August 29, 2016 9:44 am
CruzanIron
(@cruzaniron)
Posts: 2534
Famed Member
 

A decent home on STT will cost more than $200K.

(tu)

 
Posted : August 29, 2016 10:31 am
(@Spartygrad95)
Posts: 1885
Noble Member
 

I have not found a home I'd consider "decent" on STT for under $500k

 
Posted : August 29, 2016 8:51 pm
(@daveb722)
Posts: 798
Prominent Member
 

Sparty, that's cause your running for governor, you will need a great home or 2! 😀

 
Posted : August 29, 2016 8:59 pm
(@alana33)
Posts: 12365
Illustrious Member
 

Champagne tastes on Beer budget.
If you can't pay cash, get prequalified and approved for loan.
Don't waste your time or anyone else's shopping for anything outside your price range.

Sometimes really good deals will pop up but you'll have to be ready to pounce and put additional money and sweat equity into it.

 
Posted : August 29, 2016 9:26 pm
Exit Zero
(@exit-zero)
Posts: 2460
Famed Member
 

I have not found a home I'd consider "decent" on STT for under $500k

You must have a Very high bar for what is 'decent' - between $200K and $500K there ar quite a few houses in nice neighborhoods with a rental apt., off street parking, concrete construction, a 1/2 acre, mature landscaping and a view. Mine included! - but not on Peterborg, probably not a pool and central A/C but a very comfortable family home - and not on St John for sure.

 
Posted : August 29, 2016 9:32 pm
(@alana33)
Posts: 12365
Illustrious Member
 

(tu)

 
Posted : August 29, 2016 10:11 pm
(@Spartygrad95)
Posts: 1885
Noble Member
 

Well, the places I looked at in the $200-400 range needed at least $150k in renovations and structural fixes...

 
Posted : August 29, 2016 11:40 pm
(@alana33)
Posts: 12365
Illustrious Member
 

Champagne tastes on Beer budget.
If you can't pay cash, get prequalified and approved for loan.
Don't waste your time or anyone else's shopping for anything outside your price range.

Sometimes really good deals will pop up but you'll have to be ready to pounce and put additional money and sweat equity into it.

Sparty "ya just have to find what you're looking for."
And work with someone to help you achieve that goal.

 
Posted : August 29, 2016 11:56 pm
(@Spartygrad95)
Posts: 1885
Noble Member
 

I'm done looking to buy here. I'm ok renting. I'm saving cash. I have a much quicker exit strategy, if we ever decide to leave, and we.don't have the time to do our own sweat equity. Did that a few times already. I'm over it

 
Posted : August 30, 2016 12:12 am
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