GoFuckYourself.com - Adult Webmaster Forum
Page 2 of 2 < 1 2
Show 40 post(s) from this thread on one page

GoFuckYourself.com - Adult Webmaster Forum (https://gfy.com/index.php)
-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   It is a House Buyer's Market (https://gfy.com/showthread.php?t=868066)

d-null 11-09-2008 04:46 PM
Quote:
Originally Posted by V_RocKs (Post 15028446)
When I moved into my house, which I rent, the owner wanted $725,000. It is now worth $489.000...

When my lease is up I will have paid $90,000 in rent.

I am now considering buying the house at a $146,000 savings rent included.

My mortgage payment will now be around $2600 which is close to my rent payment. Had I bought it when I moved in it would have been $4200.
guess the moral of the story is timing is everything... if you had said "why rent?" and bought instead at the start, you would have been down all that equity and had higher payments as well

.... so it should be said that renting can often be smarter than buying depending on the market and other factors :2 cents:

tony286 11-09-2008 04:56 PM
congrats, that sounds like a great deal.

Barefootsies 11-09-2008 06:53 PM
Quote:
Originally Posted by MRock (Post 15028400)
When's the house warming???
Thanks BRO.

I get back from Disney end of the 1st week December. I believe closing is set for that following Tues.

Barefootsies 11-09-2008 06:54 PM
Quote:
Originally Posted by tony404 (Post 15028616)
congrats, that sounds like a great deal.
:thumbsup:thumbsup

Quotealex 11-09-2008 07:55 PM
Quote:
Originally Posted by Elli (Post 15028449)
Wow,congrats on the buy! Prices here in Vancouver are starting to soften a bit, but it hasn't been a dramatic change yet.
That's not what I'm seeing on the following chart: http://www.greaterfool.ca/wp-content...ouse_20081.jpg

Blingbaby 11-09-2008 09:39 PM
Quote:
Originally Posted by Barefootsies (Post 15027031)
Good neighborhood.
One of the best school districts in county.
1967
Frame construction.
Yeah and despite all these incentives it's still.. SW Michigan. Prices were dirt cheap there before the economic collapse. Wanna guess why?

qwe 11-09-2008 10:34 PM
Quote:
Originally Posted by BlackCrayon (Post 15028344)
I wish I could find something like that here in Canada. House prices don't seem to have taken much of a hit at all (at least not in the Ottawa area). I'm still waiting but I guess if they don't, its not an entirely bad thing.
yah in Ontario prices are holding up... i think once this mess is over in let's say couple of years, everyone will all of a sudden start buying houses so they won't miss out and prices will sky rocket even higher...

and btw, 88k for a house, damn man... here that place will be at least 300g's far away from down town

qwe 11-09-2008 10:38 PM
Quote:
Originally Posted by Quotealex (Post 15029331)
That's not what I'm seeing on the following chart: http://www.greaterfool.ca/wp-content...ouse_20081.jpg
from 740 to 700 is nothing "major" considering dow and tsx are way down...

KillerK 11-09-2008 10:38 PM
Glad to see you are making out... but!!!!! its Michigan..

crockett 11-10-2008 03:22 AM
Quote:
Originally Posted by AdvertisingSex (Post 15027768)
nice find, but, it's STILL in Michigan :2 cents:
hehe yea I was thinking the same thing. The state of $1 houses. hehe congrats on the house though, it doesn't look too bad.


There are many states you can find very good deals. Texas is one of them, I was out there 2 years ago and there were countless houses in the 60k to 80k range in Dallas & Houston.

I can only imagine what's out there now. Austin and San Padre Island seemed to be the only places with high prices in that state, where it was harder to find stuff under 100k. I'm sure it's not too hard now though.

Corleone 11-10-2008 04:02 AM
Quote:
Originally Posted by Barefootsies (Post 15027048)
Original asking price was just under $100k (relo).
Final price after inspection knick knacks, original offer, counter, carpet, etc.
$88,000.00
what a steal .. here you wouldnt even get a decent condo for that price

Quotealex 11-10-2008 06:31 AM
Quote:
Originally Posted by qwe (Post 15029612)
from 740 to 700 is nothing "major" considering dow and tsx are way down...
You mean from $760K to $700K in about 4 months, that is a significant drop in real estate, and it's just the beginning...

slapass 11-10-2008 06:36 AM
Nice buy. Prices are nuts all over. It is a great time to buy but hard to get a deal in the nicer areas.

Barefootsies 11-10-2008 06:51 AM
Quote:
Originally Posted by slapass (Post 15030415)
Nice buy. Prices are nuts all over. It is a great time to buy but hard to get a deal in the nicer areas.
Yes they are.

I have seen some houses through this year from from $180,000 down to the low 100's and even 90's. Area makes a difference, as well as how long on the market. There have been times I see houses dropping 10-20k every few weeks trying to unload them.

Fucking crazy.

Barefootsies 11-10-2008 06:51 AM
Quote:
Originally Posted by crockett (Post 15030075)
hehe yea I was thinking the same thing. The state of $1 houses.
That is the east side of the state. :winkwink:
I am SW side.

Thanks for the gratz :thumbsup


All times are GMT -7. The time now is 05:41 AM.
Page 2 of 2 < 1 2
Show 40 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123