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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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7 Bedroom 4200 square feet house: only $89,900 Deal or No Deal?
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#2 |
Registered User
Industry Role:
Join Date: Feb 2010
Posts: 1,688
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Granted it's in Detroit but still that is a beautiful house. I'd buy it in a second if I were were in the area.
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#3 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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Built in 1927. Needs an easy 300-500 grand in updates.
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#4 |
Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 73,946
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Looks like a good house - if you want to live in Detroit. Now is the time to buy... Houses are dirt cheap.
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#5 |
Playa
Industry Role:
Join Date: Dec 2005
Location: Somewhere on the Earth
Posts: 8,439
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see under :D
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#6 |
Playa
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Join Date: Dec 2005
Location: Somewhere on the Earth
Posts: 8,439
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#7 |
Liv Benson to You, Bitch
Industry Role:
Join Date: Aug 2007
Location: Maryland and WV
Posts: 6,060
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How is the area?
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#8 |
Confirmed User
Industry Role:
Join Date: Aug 2002
Location: African Planet
Posts: 1,118
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Link is gone...
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#9 |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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#10 |
Confirmed User
Industry Role:
Join Date: Feb 2002
Location: The 510
Posts: 4,545
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$21/sf...damn!
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#11 |
Confirmed User
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Join Date: Jul 2011
Posts: 100
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Good deal but house was built in 1927. Hopefully there's not too much you need to fix...
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#12 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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85 year old house=money pit.
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#13 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2002
Posts: 34,431
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Google street view shows the area to be very nice - I know most neighborhoods in Detroit are abandoned ghettos but this one seems to still be well cared for.
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#14 |
¯\_(ツ)_/¯
Industry Role:
Join Date: Aug 2004
Posts: 11,475
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wow, have you checked the pics? the interiors looks more like castle than a house. what a price, where is the buy now by credit card button?
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#15 |
ICQ: 470687453
Industry Role:
Join Date: Dec 2007
Location: USA
Posts: 3,571
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I would hop on that.
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#16 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,622
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It looks pretty well kept from the photos. I bet it is a bitch to heat but other then that. PAAARRRTTTAAAYY!
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#17 |
I need a beer
![]() Industry Role:
Join Date: Jun 2002
Location: ♠ Toiletville ♠
Posts: 133,940
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Would go for a million here
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#18 |
She is ugly, bad luck.
Industry Role:
Join Date: Jan 2010
Posts: 13,177
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is there really 18,000 houses in that street or are they numbered in a strange way?
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↑ see post ↑ 13101 |
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#19 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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Even with old steam heat and NO central air? This is an 85 year old house that will need 300-500 grand in repairs.
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#20 |
Reach for those stars!
Industry Role:
Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
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holy shits. The CBC this morning said that to qualify as a "luxury" property in Vancouver, the list price needs to be $2mil or above. If that house was in Vancouver, it would be well, well above that price.
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#21 |
Confirmed User
Industry Role:
Join Date: Nov 2009
Posts: 1,425
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Ehhh small lot though on 0.16 acres
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#22 |
Beer Money Baron
Industry Role:
Join Date: Jan 2001
Location: brujah / gmail
Posts: 22,157
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It's the gay section of North Detroit.
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#23 |
So Fucking Lame
Industry Role:
Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
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#24 |
Beer Money Baron
Industry Role:
Join Date: Jan 2001
Location: brujah / gmail
Posts: 22,157
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That's what I think is happening in this neighborhood too. If not mistaken Eminem built a studio nearby and wanted to invest in the area.
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#25 |
Confirmed User
Industry Role:
Join Date: Dec 2010
Posts: 1,406
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Looks Ok
Looked at Google maps, it's by a nice golf club. The satellite photos show the surrounding area to be the same well kept houses. Does look like their has been some remodeling in the past. really needed pics of the furnace & water heater.
If you read the specs, it' s foreclosure. Either that was owed on it or the bank just wants to take a loss and get it off the inventory. Fact that the people who lost the house didn't destroy the interior, says a lot about it. Should only need plumbing, electrical upgrades. Hard to tell about the roof, but in those days, big houses used slate. Wears forever. Biggest issue is foreclosures are usually "as-is," cash only sales. |
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#26 |
58008 53773
Industry Role:
Join Date: Jul 2005
Location: Australia
Posts: 9,864
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Did it use to be a brothel?
Look at the wall of mirrors in one of the rooms. Big house, however it looks like it is pretty tired and rundown.
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#27 |
So Fucking Banned
Industry Role:
Join Date: Nov 2011
Posts: 1,540
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cant believe how cheap is real estate in USA... Really cant believe it.
I remember some webmasters buying their homes back in 2005-2006 for at least 700K or 800K... those houses are now 200K.. CRAZY.. |
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#28 |
Confirmed User
Industry Role:
Join Date: Jul 2003
Location: Italy
Posts: 2,792
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SOLD.
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#29 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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You guys are all nuts lol.
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#30 |
Confirmed User
Join Date: Nov 2006
Location: Baton Rouge,Louisiana
Posts: 1,489
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300-500k in repairs?
Lol you just stupid son.. |
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#31 |
Reach for those stars!
Industry Role:
Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
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I thought that room was a dance studio. I can totally imagine a baby grand piano in the sunny corner.
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#32 |
Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,648
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Some updating , some foundation leveling and waterproofing, electricity , plumbing, roofing ( got a quote from 12clicks), cosmetics... maybe 100 K , still a good deal...
But I am sure there is something else attached to that price ... like back taxes ....
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#33 |
Confirmed User
Join Date: Jun 2001
Location: il and nc
Posts: 1,760
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![]() ![]() ![]() ![]() no where near 300.
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#34 |
58008 53773
Industry Role:
Join Date: Jul 2005
Location: Australia
Posts: 9,864
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Ahh yes, I can see that now - good thinking!
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TripleXPrint on Megan Fox "I would STILL suck her pussy until her face caved in. And then blow her up and do it again!" |
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#35 | |
Confirmed User
Industry Role:
Join Date: Jul 2007
Posts: 2,892
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Quote:
![]() You could knock it down and build a palace for that budget by the way, assuming you can build it before somebody steals your materials.
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#36 |
Icq: 14420613
Industry Role:
Join Date: Mar 2001
Location: chicago
Posts: 15,432
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its detoit nuff said..
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#37 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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How long is a piece of string? How much does it cost to renovate? For most just moving in with a few grand on their Lowe's card seems acceptable.
Central air conditioning. I can't live without it. The house has 2 ceiling fans for it's cooling system. The walls and ceiling are in place, where do the ducts go without installing them warehouse style? Or is exposed duct work acceptable to you? Obviously the steam heating system needs work or a huge wood stove wouldn't be in the beautiful living room. Do you even want steam? The kitchen? LOL at it. The foundation/basement .... don't even want to guess. The roof? 85 years old wood under the slate? What kind of shape is it in? Somewhere it's fucked up. 1927 brick exterior ..... has it been maintained? Window framing areas? What about the 85 year old windows and frames themselves? Electricity? Old wiring? Replace it all, period. Plumbing? If it's cast iron every inch needs replaced so it won't fail after you have remolded the rest of the house. This list goes on. We haven't touched refinishing hardwood floors, Plaster work, etc. For those that looked at the kitchen and thought .. "just need a refrigerator" yea I'm an idiot. |
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#38 | |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Quote:
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#39 |
Confirmed User
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Join Date: Sep 2008
Location: NYC
Posts: 4,024
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I can only imagine the great school district
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#40 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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I see a 100 in the kitchen alone .......
Look at the rot around the window photo ..... . |
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#41 |
www.AdultCopywriters.com
Industry Role:
Join Date: May 2006
Posts: 31,615
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I agree with L Pink on this one. Old houses (especially over 50 years) are a pain in the ass, I've lived in several. You need to be repairing shit constantly and humidity can be a bitch. Those big old houses take time to inspect and learn where everything is, and it will take you time before you understand all the shit the previous owner or owners have done to the place.
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#42 |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Your kid might have to come out STRAPPED
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#43 |
Confirmed User
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Join Date: Sep 2008
Location: NYC
Posts: 4,024
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Well I do know that Detroit has the 2nd largest population of Albanians in the US, and The Bronx has the largest amount. They migrated to worst areas and bought buildings cheap and they are not afraid of any gangbanging brothers.
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#44 | |
Confirmed User
Join Date: Jun 2001
Location: il and nc
Posts: 1,760
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Quote:
I take it you are just pulling numbers out of your ass?
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#45 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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I've lived in two 100 plus year old Bluegrass Historic Preservation homes in Lexington Ky. Granted they were restored to certain specifications but the fundamentals are the same with any 100 year old house. Every squire inch needs something done to it.
Sure you can just move in and wing it. A 100 year old home needs it's core rebuilt. If the foundation is acceptable the house still needs it's electric/plumbing replaced and central air duct work installed behind walls that are plaster and floors that are real wood. And already in place. Yea, you can make it "sound" for a lot less.I was thinking in terms of restoring not repairing. Kind of a dumb argument anyway when you see the bars on the windows. If those are necessary not the right place to live anyway. But to answer your question, yea I've never restored a 100 year old home, never spent 100 on a kitchen and am pulling numbers out of my ass. . |
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#46 |
So Fucking Banned
Industry Role:
Join Date: Nov 2011
Posts: 1,540
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#47 |
Confirmed User
Industry Role:
Join Date: Feb 2003
Location: Detroit Summers/Miami Winters
Posts: 300
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#48 |
Leaner, Meaner, Faster
Industry Role:
Join Date: Aug 2002
Location: Vegas
Posts: 20,959
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That's only 800 sq. feet smaller than my house. And I paid $720,000 for mine.
Don't know if I'd want to live in Detroit...but that's a lot of house for the money. |
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#49 |
Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Surprised no builder/developer hasn't snatched it up.
The bank just want to get the debt cleared, which could only be $80,000. |
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#50 | |
So Fucking Lame
Industry Role:
Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
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Quote:
The bank sets the price at what they are told is fair market by agents who do BPO's as well as the REO agent and then adjust down until they are able to unload it. The bad note on that house could have been $4,000 or $4,000,000 and it will not affect the price. |
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