Great Interview

[bearishgurl]

[quote=sdrealtor]Look at the pictures of the house and tell me it is estate quality in any way. It looks modest and mundane at best…[/quote]

I never stated that the Paul residence was of “estate quality.” I only stated that I have seen these types of residences in that area of the country (two which were owned by well-known country music artists who were born and raised in that immediate area) which had … ahem … what you would call “less than average” homes around them.

It doesn’t stop those owners from building exactly what they desire on their land nor does it stop subsequent buyers from later purchasing it.

[sdrealtor]

Zillow isnt doing so good on the recent sales comps.

Here are a few more

http://www.city-data.com/real-estate/LAKE-JACKSON-TX-77566.html

[bearishgurl]

[quote=sdrealtor]. . . Your turn will come when you try to sell your house that you have put minimal improvements into over the years you have owned it and which has lots of deferred maintenance as you have told us. Then I’ll call you delusional also.[/quote]

For the record, I’ve put about $8-9K into my home. I never stated I had “deferred maintenance” and I don’t. There are optional upgrades and replacements I wish to make to render my home more saleable to a particular audience I believe it would appeal to most.

For your sake, I hope you are able to recover the amount you want when YOU get ready to sell your residence, sdr :=0

[sdrealtor]

A few questions for you:

When was your roof last replaced and what type of roof do you have?

When was you house last checked for termites?

How old is your dishwasher?

When was your furnace last replaced?

When was your hot water heater last replaced?

When was your exterior last repainted?

What is the condition of any fences surrounding your property?

What type of wiring do you have in your house?

Is it on a slab or a raised foundation?

What is the water pressure into your house?

Does you property have any standing water after rainfall?

When was your interior last repainted?

When was your garabage disposal last replaced?

To answer your question, when I bought my house I thought it would be cool if it doubled in value after 20 years. It was never part of any plan that it would nor is it now. BTW, it’s about double after 12 but who really cares? I dont.

[sdrealtor]

[quote=bearishgurl][quote=sdrealtor]Look at the pictures of the house and tell me it is estate quality in any way. It looks modest and mundane at best…[/quote]

I never stated that the Paul residence was of “estate quality.” I only stated that I have seen these types of residences in that area of the country (two which were owned by well-known country music artists who were born and raised in that immediate area) which had … ahem … what you would call “less than average” homes around them.

It doesn’t stop those owners from building exactly what they desire on their land nor does it stop subsequent buyers from later purchasing it.[/quote]

I’m confused what this has to do with anything. We were talking about Ron Paul’s house which is obviously priced far above the current market there.

Here’s the wiki for Lake Jackson. Wiki always lists any celebrities that are from certain place. RP is it. They did point out that the local Brazosport College’s Music Department has been able to bring many successful music artists to Lake Jackson, including Rita Coolidge, Lyle Lovett, Don McLean, Phil Woods, and John Pizarelli.

[bearishgurl]

A few questions for you:

When was your roof last replaced and what type of roof do you have?

1993 and the material is “TMI.” Due to privacy issues, I’m not divulging here what it’s made of.

When was you house last checked for termites?

October 2011 (tent-fumigated October 2009)

How old is your dishwasher?

December 2006

When was your furnace last replaced?

1993, with a major part replaced in January 2006.

When was your hot water heater last replaced?

June 2006

When was your exterior last repainted?

November 2009

What is the condition of any fences surrounding your property?

great – they’re “indestructible”

What type of wiring do you have in your house?

Upgraded 240 amp service – new large service panel installed 1993

Is it on a slab or a raised foundation?

raised

What is the water pressure into your house?

very good

Does you property have any standing water after rainfall?

No

When was your interior last repainted?

2002 throughout, and touch up several times per year

When was your garabage disposal last replaced?

September 2011

Now, why don’t you answer same, sdr? And don’t forget to reveal all those pesky details about that stagnant “frog-pond” in your backyard. The Piggs want to know how close that is to your back door :=0

[sdrealtor]

Cant beleive you actually took the time to answer. I was just giving you the business. My house is relatively new and I have no plans on selling the next decade. As things need replacement, I address them. New garbage disposal yesterday. Dishwasher a couple months ago. New carpet upstairs when I decide what I want. Working on some fence issues with next door neighbor right now. No frog pond outback just a half dozen bunnies attacking my lawn on a daily basis these days.

[bearishgurl]

[quote=sdrealtor]. . . No frog pond outback just a half dozen bunnies attacking my lawn on a daily basis these days.[/quote]

What happened?? You covered it up??

For the bunny problem, I can propose a good solution here:

[img_assist|nid=15574|title=”Doxie”|desc=|link=node|align=left|width=100|height=67]

Just keep her/him on a strict diet and don’t give it any wine ….

[sdrealtor]

Can I rent Doxie for a week?

[bearishgurl]

[quote=sdrealtor]Can I rent Doxie for a week?[/quote]

Why wouldn’t you want Doxie for an eternity? He/she makes a very loving (and loyal) companion!

[sdrealtor]

Ummm….. the eternity part is exactly what I dont want

[bake]

[quote=bearishgurl][quote=sdrealtor] . . .There is a difference between being off by 8% and being off by close 30%. Check the closed comps and show me anyone who spent anything close to that in his neighborhood recently. If no one is paying that there are no buyers in that price range for a house like and sorry to say it aint worth what he wants.[/quote]

Where can we get some “closed comps” for nearby houses of this size, sdr? This is why we need bake to help us. You are only speculating here …[/quote]

Texas is a “non disclosure” state bearishgurl, meaning they do not have to disclose selling price at close, so comps are hard to come by. Some people (real estate agents) support the policy citing “Texan’s fierce independent nature” but most of the people think it has something to do with protecting a monopoly?!

Property tax assessments are public record though, and are updated yearly. Try this link:

http://publicrecords.onlinesearches.com/Texas-Assessor-and-Property-Tax-Records-2.htm

[bearishgurl]

[quote=bake]Texas is a “non disclosure” state bearishgurl, meaning they do not have to disclose selling price at close, so comps are hard to come by. Some people (real estate agents) support the policy citing “Texan’s fierce independent nature” but most of the people think it has something to do with protecting a monopoly?!

Property tax assessments are public record though, and are updated yearly. Try this link:

http://publicrecords.onlinesearches.com/Texas-Assessor-and-Property-Tax-Records-2.htm
[/quote]

Thanks for the info and link, bake! However, it appears you need the name of a property owner to use it. It makes sense now that not all sold comps there would be easily available online.

My next question to you would be, is a property in TX re-appraised upon sale for tax calculation purposes or is the assessment there disconnected from the price it fetched at the time of resale?

[bake]

Not exactly sure bg, but it appears the assessed value is based on what the county appraiser determines is fair market value, not sales price. Here’s something I found on the Travis County website:

If I buy a foreclosed property, and I bring in my closing statement, will the appraisal district’s market value be reduced to the purchase price?

If the foreclosed property was given an adequate exposure to the market, there was no attractive financing associated with it, the closing and repair costs were typical, and the sale is representative of its neighborhood, then it will. If the price it sold for is not consistent with the marketplace of a property with similar quality and condition, it will not.

[sdrealtor]

Next question for Ron Paul followers. Why is someone who wants to be the next president trying to sell his own home as a FSBO? How does he have the time to deal with people calling him and personally showing his own home? Isnt there a security risk involved here? Is he being pennywise and pound foolish? It just doesnt seem very presidential to be involved in all this. Things like this cause me pause. Shouldnt he be focused on his political responsibilities and aspirations rather than trying to save a few thousand bucks?

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