....I was applying for a mortgage...LOL! Wonder what subconscious area that came from...at $27K a year...I'm not going to get much house, ya think?
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Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
Who it was we were below, where we've been and where we go
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Amislander,
FIRST you must decide how much room you really need........
THEN you look at what you can afford.............. realistically....
YES, you can own a home also.....
Many of us buy WHAT WE CAN AFFORD, though if we had the money we would have bought something else.......
BUT NO MATTER WHAT SIZE IT IS - IT'S STILL HOME SWEET HOME!!!!!
Besides, HOME IS WHERE THE HEART IS!!!!
Minny
Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different. -
Just curious...but think I'm going to wait until after hurricane season to get serious...1/1 condos are at least $100K here in the Sarasota/Bradenton area....our housing market went nuts!Originally posted by MinnymouthAmislander,
FIRST you must decide how much room you really need........
THEN you look at what you can afford.............. realistically....
YES, you can own a home also.....
Many of us buy WHAT WE CAN AFFORD, though if we had the money we would have bought something else.......
BUT NO MATTER WHAT SIZE IT IS - IT'S STILL HOME SWEET HOME!!!!!
Besides, HOME IS WHERE THE HEART IS!!!!
MinnyFiled Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
Who it was we were below, where we've been and where we go
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100K is a steal. Try 200+ over here.Comment
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condos gone wild
Where are you?Originally posted by FilingOnMyOwn
My mom's condo in Ft. Lauderdale that she bought for 29K is now almost $200 and it's a 1/1.Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
Who it was we were below, where we've been and where we go
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AMIS, it will be hard. But you have no debts, that's a huge plus. Lake Place you can still get a Single Family 2/2 in the 150's. Here in Sunrise, fergit it. The problem now is finding Insurance, we got our cancellation notice yesterday. That's going to be your problem.
I'm nearly to the end of m rope with Florida Living. It has benefits but everyone is hard pressed. Wife and I are pulling right at 90k (me 70, she around 20) and we are hard pressed at times. It is damned expensive here. I remember some idjot posting awhile back about how much cheaper it is here than where he was in Boston and how we should all be doing well. The dumbass had never been on realtor.com appearently. I think it mark234 aka Lightning. Our Official Village Idiot. South Florida is much more expensive than certain parts of the NE even. Our neighbors put the house up for sale and left for Boston, coincidentally complaining that things had just gotten to expensive. That house just sold and the folks just moved in last weekend. Yeah, the real estate is more expensive but the peripheral costs here are out of control and damned well higher than average.
AMIS, Sunrise is Ft. Laud, though we are not close to the Beach:
Here are afew:
If she is in a nice building your notion of 200k is dead on. Lesser areas of LBTS and west Pompano go for less. One block in those areas makes a huge difference in price. Some of these units like mine were well under 100k five years ago. My Mom's new unit sold for 25k (Sunrise Lakes, 1/1) five years ago, she paid 75k two years past and now they are at 139k. Ridiculous.
Multiple price ranges are shown
This is the one a few houses down (my street) that just sold. They went a little higher because of a bidding war (our association fee is only 110 per month, a big draw, half the normal fee).
Here are 1/1 in Lauderdale by the sea. Keep in mind some have an age restriction, 1/1 without goes for more money
Here is a typical SF Home in my neighborhood.
No, I did not pay these prices, this ain't a brag, it's just to show how ridiculous it has gotten down here. The taxes on that little home at that price are $7400.00 PER YEAR. I looked it up on the Broward Property Appraisers site. Keep in mind, 2800.00 per year for insurance and $7400.00 for taxes. 280.00 per month to cool it, and water in Sunrise, Lauderhill is $100.00 per month. I ASSURE you that this is NOT a rich neighborhood, very middle class.Last edited by robivi3; 05-11-2006, 06:53 AM."You once asked me for advice. You want some now? Never pass up a good thing." Lieutenant Jean Rasczak, Starship Troopers
Join the Mobile Infantry and save the world. Service guarantees citizenship.Comment
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Keep in mind, I live in a Unicorn. My home is frame in the front and back and concrete sides up to the roof pinnacle, a RARITY down here, not as desirable as most other TH's. The others around here go for about 20k more.
Andrew drove housing wild down here, don't think a H/cane is going to depress the market, it is quite the opposite. Buy now, forget the lesson of 1926, that is old hat. Rents here are out of control. Between Palm Beach and Broward Counties 62,000 rental units went condo this year with many more slated for next year. Unless you can shell out near 1750.00 to 2000.00 minimum for three Bedrooms don't think about it. That is unless you are willing to live in a bad area.Last edited by robivi3; 05-11-2006, 06:47 AM."You once asked me for advice. You want some now? Never pass up a good thing." Lieutenant Jean Rasczak, Starship Troopers
Join the Mobile Infantry and save the world. Service guarantees citizenship.Comment
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Guess I'll stay in Ky where its at least reasonable to live - and visit Florida off and on........................Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.Comment
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Min, In the second home listed did you notice the blue tarp on the neighbiors house? Nearly ALL of the homes listed in my area have Hurricane damage. That is why the folks left for Boston, they left one day before and only returned to clear out the house. they say that even with buying a nice home it is cheaper to live there. So much for Mark234/lightning.
And Min, the lot on that last home is 7119 square feet. A builders lot here is 75 X 100, that lot is smaller. Hurricane come, price go up, daylight come, me wan' go Tennessee. Lake Tansi, one acre 3 bdr. 2 ba. BRAND NEW, $115,000.00!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!! And that is a nicer area than Sunrise to me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Unfortunately, work... and six years to go to full retirement. I may lump sum out sooner, seriously.Last edited by robivi3; 05-11-2006, 07:24 AM."You once asked me for advice. You want some now? Never pass up a good thing." Lieutenant Jean Rasczak, Starship Troopers
Join the Mobile Infantry and save the world. Service guarantees citizenship.Comment
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Can you believe that some mortgage companies are now providing 50 year mortgages? Looks like they'll do anything to get someone in a house.*** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***
My posts represent hours of research on and off the web, these forums, my experience, and my opinions.Comment
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I had heard of the 50 year mortage and then it made the news again this morning......
Guess thats for when you buy at home at 18 years of age, huh.....
Imagine the interest paid out on that loan..............Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.Comment
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Robivi3,
Yeah I can relate to the "blue tarp", got one draped over my roof also, been there for 2 years now..... Fixing to put a new roof on since I got the house back.... NO THANKS TO THE TRUSTEE - he also took my roof money, DUH!!
Yeah, I bet Tennessee is looking BETTER AND BETTER.......
I wouldn't be able to afford the insurance in South Florida, much less the house payment.....
Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.Comment
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This is the USA Today article: http://www.usatoday.com/money/perfi/...age-usat_x.htm
It says some people end up with negative equity--ouch!*** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***
My posts represent hours of research on and off the web, these forums, my experience, and my opinions.Comment
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Did anyone see Good Morning America this am? Talked about how the foreclosure rate is climbing. The adjustables are starting to raise. Said it could be good for homebuyers, not for homesellers.Comment
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Saw part of it as I was going out the door......
Yes, pretty soon there will be a LOT of homes on the market to sell........ the housing boom is going DOWN................. interest rates are going up.....Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.Comment
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