House Hunting

[msbhammer]

Going out to look at a house today. Sussex county Delaware is Courty living, but has exploded in the last ten years. The Lewes area itself, you cant touch a home, 3 bedroom with a garage for no less then three hundred thousand. I find this house just 13 miles away from Lewes. X-mas tree farm borders the back yard and a corn field across the street. On the market for a quick sale of twohundred thousand. Might need some quick cash.... :-[ :-[ :-[ if you know what I mean.

[msbhammer]

http://i47.photobucket.com/albums/f153/msbhammer/DSC01985.jpg

[Stinky_Hooker]

Just let me know where to send the check brother. 8)

[msbhammer]

Thanks STINK, but please send Cash only. ;D ;D

[C YENSEN]

i am partly responsible for the housing boom around here, sorry.

the company i work for is a land development company that specializes in designing and engineering new subdivisions in Sussex County. I design the new communities and then engineer the roads, sewer systems, and stormwater ponds.

trust me though, i don't make enough money to live in the communities I design. I had a hard time buying a townhouse in Berlin for $231,000.

[msbhammer]

CY54, ahhh, its all your fault !! ;D ;D Hmm, I see that top becoming cheaper and cheaper now. LOL ;D :P :P

[Skools Out]

wow that's high :o I'm currently house hunting as well, Looked at a beautiful home Sat. that was 4 bedroom 3 bath with boat shop and 1 arce plus game room was around 2500 sqft and only $120,600. Maybe you should just move here lol.

[msbhammer]

Damm, that is cheap, but hell, it would be cheaper if me, the wife and two dogs just moved in with you and free loaded. Just think of all the bonding time we would have. ;D ;D ;D

[Skools Out]

lol i hear ya. If it all checks i'm going to offer them like $90k though because it's a foreclosure home from Bank of America.

[msbhammer]

Keep hearing about forclosure sales. Might go that way as well. Just always figured that realators who have cash in hand always get them. Good Luck with it.

[racerx]

keep up the good work 54. just remember, water runsdown hill. i spent 14 years as a land surveyor trying to explain that to you civil engineers. a hard headed bunch y'all are!

[LESTERUS]

HAMMER: YOU OUGTH TO SEE DOWN HERE IN MIAMI,
I BOUGTH MY HOUSE (SEE A PIC OF MY BACK YARD UNDER REPAIR/ROD BOXES) 2 YEARS AGO FOR 245K AND THEY ALREADY OFFER ME 500K. THE PROBLEM IS IF I SELL, THE ONE NEXT DOOR IS GONNA COST ME 500K.
I THOUGHT OF MOVING UP NORTH FL. BUT THERE IS NOT CUBAN COFFEE UP THERE.

THE PROBLEM HERE IS TAXES AND INSURANCE, THEY'VE DOUBLED IN THE LAST 5 YEARS.

LESTERUS

[C YENSEN]

thanks race, not a civil engineer though, officially I am a Lancscape Architect. ;D

[charlie_the_tuna]

lesterus, where are you and what are your taxes?

[chumbucket]

Starter homes here in the Boston area are no less that $340,000.

[chumbucket]

Mike, that looks like a nice house for the $$.
Don't sell the boat! Try not to anyways. I fell into that trap buying a second home for my daughter. It's very hard to play catch up with boats. :'(
Hopefully next year will be my year. :-[

[LESTERUS]

I'M IN MIAMI,FL SUNSHINE CAPITAL, THAT'S WHY WE PAY SO MUCH IN TAXES, I PAY FOR A HOUSE VALUED IN $202,000 (ASSESED VALUE BY DADE COUNTY) $4,500.00
AND SINCE MY HOUSE IS IN A LAKE, I HAVE TO PAY A SPECIAL COAST GUARD TAX (TO MAINTAIN THE WATERWAYS). HOMEOWNERS INSURANCE WENT FROM $2,500.00 TO $4,000.00 A YEAR, WHILE IN THE REST OF FLORIDA WENT UP 20-30% AS IF HURRICANES ONLY WOULD HIT MIAMI.

BUT HEY!!! THAT'S THE PRICE FOR LIVING IN PARADISE!!!

CY, IF YOU'RE A LANDSCAPE ENGINEER, COME DOWN YOU'LL MAKE MONEY DOWN HERE!!!!

[macojoe]

You don't want to know what a starter is here on Cape Cod!!
I won't be buying anytime soon thats for sure!!

[TheTinMan]

Starter homes out here are +400k! BAH!

This just out today...definately a buyers market!

http://www.nytimes.com/2006/09/25/business/26econcnd.html?hp&ex=1159243200&en=a7b45c702e02273 c&ei=5094&partner=homepage

[TheTinMan]

This beauty is $449k!............and NO, it's not waterfront!

http://img.photobucket.com/albums/v206/Mnutz/1852663.jpg

http://realtor.com/FindHome/HomeListing.asp?snum=2&locallnk=yes&frm=bymap&mnbe d=3&mnbath=2&mnprice=0&mxprice=500000&js=off&pgnum =1&fid=so&stype=&mnsqft=&mls=xmls&areaid=6211&poe= realtor&ct=Southold&st=NY&sbint=&vtsort=&sorttype= &typ=1&x=31&y=3&sid=0750A123B546C&snumxlid=1064904 449&lnksrc=00001

[msbhammer]

The market kills the working class guy >:( >:(
Just back from the realator, that house I was interested in is now under contract. That bites the big one, but I was also told the house was a rental and the inside needed alot of work. So it looks like I will be keeping the V-20 a little longer. ;D ;D

[Mac_Attack]

Come to Detroit area lots of good buys here, just no jobs! Billy Mac ;D

[parishht]

HAMMER, I am familiar with the area, been looking for about five years now.
That looks like a deal if you can jump on it.

Be very carefull with foreclosures, make sure you have a COMPLETE title search doen going in.
Here in Pennsylvania, the farm house next to mine went at foreclosure.
I spoke with the people who bought it, turns out after they moved in debts had to be paid and I don't know how it
worked, but they had to pay thousands of dolars to get the title cleared.

Anyway, I still have your cell number, maybe I'll give you a call this weekend
and I can introduce you to my real estate investor friend
who is a manager of a title company.
She can give you all kinds of information.

[phester]

http://i47.photobucket.com/albums/f153/msbhammer/DSC01985.jpg
hammer, that house in my neck of the woods is close to 600,000, property taxes probably around 8000.00.....new construction??????? Forget about it, you don't want to know :o

[Kajun]

i bought last year..which i think i bought at the top of the market >:( ..all the signs look like a bust is here....inventory in norfolk is 4500+ compared to 800 when i bought...from the looks of things i'll be happy to break even.

[chumbucket]

i bought last year..which i think i bought at the top of the market >:( ..all the signs look like a bust is here....inventory in norfolk is 4500+ compared to 800 when i bought...from the looks of things i'll be happy to break even.

I bought my house in 1980. ;D ;D ;D 8)

[macojoe]

I bought mine in 1987, lost it in 1996 :'(

[charlie_the_tuna]

where was the last place you remember having it?

[macojoe]

1992, it was all down hill from there