- This topic has 935 replies, 19 voices, and was last updated 13 years, 11 months ago by bearishgurl.
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July 2, 2010 at 10:29 AM #575852July 2, 2010 at 10:33 AM #574830blahblahblahParticipant
[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
July 2, 2010 at 10:33 AM #574928blahblahblahParticipant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
July 2, 2010 at 10:33 AM #575452blahblahblahParticipant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
July 2, 2010 at 10:33 AM #575559blahblahblahParticipant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
July 2, 2010 at 10:33 AM #575857blahblahblahParticipant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
July 2, 2010 at 10:36 AM #574835jstoeszParticipantI have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…
July 2, 2010 at 10:36 AM #574933jstoeszParticipantI have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…
July 2, 2010 at 10:36 AM #575457jstoeszParticipantI have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…
July 2, 2010 at 10:36 AM #575564jstoeszParticipantI have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…
July 2, 2010 at 10:36 AM #575862jstoeszParticipantI have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…
July 2, 2010 at 10:41 AM #574840outtamojoParticipant[quote=jstoesz]I have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…[/quote]
Huh? I see no threadjack here. Sorry if my prev. post somehow implied that.
July 2, 2010 at 10:41 AM #574938outtamojoParticipant[quote=jstoesz]I have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…[/quote]
Huh? I see no threadjack here. Sorry if my prev. post somehow implied that.
July 2, 2010 at 10:41 AM #575462outtamojoParticipant[quote=jstoesz]I have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…[/quote]
Huh? I see no threadjack here. Sorry if my prev. post somehow implied that.
July 2, 2010 at 10:41 AM #575569outtamojoParticipant[quote=jstoesz]I have gone way off topic, and that’s probably not good for a first time poster. I know general forum rules, I just chose to ignore them.
…back to your regularly scheduled program…[/quote]
Huh? I see no threadjack here. Sorry if my prev. post somehow implied that.
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