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Jims5543 Jims5543 is offline
I'm with Bill
 
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Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
We are still on the downside of the market here. Prices peaked and are now adjusting.... hard.

This house would have been scooped up 2 years ago for 219K but now its looking like I might have to drop to 189K and see if anyone bites.

I can get a huge discount on cabinates, my father in law manages a cabinate shop. Landscaping is cheap when you do it yourself.

I might have to drop about $2000 into the house to spruce it up. Then try to sell it at what I paid for it.

My debt burden with insurance, taxes and mortgage is $1500 a month. Insurance is high now because of the storms and the city is taxing these houses out of the market.

I really do not want this house, I do not consider it an investment. I prefer to get rid of this mortgage and the expense.
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Old 12-05-2006, 07:10 AM
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