[cLaY]

you also said they dropped the price...basement leak? flooding problems in the area? better check that out.

[Flumper Barflusterbutt]

A house for $134,000? I'm speechless.

:lool: I have recently got interested in watching these "Flip" shows about people that purchase delapodated (sp) homes and fix them up for huge profits. Nearly all of them are in California.

This week-end I saw one where this guy and his wife bought an old (OLD!) house, 1,000 sq feet. Two bedroom, one bath. Junk. Absolute piece of shit house. They fucking paid $385,000 for it. It was in some suburb called Highland Park in LA.

They spent about $20,000 on fixing it up (it looked pretty good, by the way, but still it was only 1,000 sf). They sold it for $680,000.

I could not fucking believe it. That house, even fixed up, wouldn't have sold for $80,000 around here.

[TomFoolery]

If you plan to live there more than 3 years, buy it.

Now, that price is about $75 per square foot. About the same as houses in the Dallas area go for on the used home market. You didn't mention the age of the home. If it is between 15 years+, there is a strong chance that many of the appliances could be close to their life span (air conditioner, etc...) Find out what has been replaced recently (roof, a/c, disposal, hot water heater, etc..)

But, it does sound like a pretty good price. What size lot?

All I know right now is that the roof has been recently replaced (with tear-off?). I'll try to get the other information tonight.

[TomFoolery]

well, don't be a douche bag and drop 1000 bucks a month on a house that isn't yours. if you do, i'll drive up there and take a dump in your pillow case.

I probably will. When should I expect you?

[Blueeyedwoman]

:lool: I have recently got interested in watching these "Flip" shows about people that purchase delapodated (sp) homes and fix them up for huge profits. Nearly all of them are in California.

This week-end I saw one where this guy and his wife bought an old (OLD!) house, 1,000 sq feet. Two bedroom, one bath. Junk. Absolute piece of shit house. They fucking paid $385,000 for it. It was in some suburb called Highland Park in LA.

They spent about $20,000 on fixing it up (it looked pretty good, by the way, but still it was only 1,000 sf). They sold it for $680,000.

I could not fucking believe it. That house, even fixed up, wouldn't have sold for $80,000 around here.

This is completely believeable. Housing around here is ridiculous.

Tom, spend the money to get a home inspector to go over everything. It'd prolly cost you a couple hundred bucks and it's well worth it. He'd find Clay's leak and tell you if Flumper's appliances are going to last.

[SanDog]

That is easily $400,000 here. My old place was similar to that in size and recentl sold for $525,000. That is the inexpensive area of San Diego. Really great neighborhood though.

[paybacksare]

I'm also stunned by the price. We've been looking at two-bedroom condos in the upper 400's around here. Housing is unreal.

I'm assuming you would have roomates? Pick carefully.

[cLaY]

I live in a 3 br, 1 bath, den, living room, no garage, double lot...67,000. Housing is cheap here. We'll be keeping this house, building in a couple of years, and renting our current home out.

[Bill]

me:

1 acre lot
4 bedroom 2 1/2 bath (newly remodeled)
central air
oil heat
masonry fireplace with wood stove insert
finished basement / game room with bar and stairs to grade
detatched 2 car garage with 22x12 shop area
10x20 horse shed
28' above ground pool
2 level deck approx 1100sf
hot tub

was appraised just last week at 245,000
I bought it 5 years ago for 120,000

[SanDog]

me:

1 acre lot
4 bedroom 2 1/2 bath (newly remodeled)
central air
oil heat
masonry fireplace with wood stove insert
finished basement / game room with bar and stairs to grade
detatched 2 car garage with 22x12 shop area
10x20 horse shed
28' above ground pool
2 level deck approx 1100sf
hot tub

was appraised just last week at 245,000
I bought it 5 years ago for 120,000

Huh? I thought you bought the place last year.

[Bill]

Huh? I thought you bought the place last year.

no that deal fell through....someone with cash came in and bought it out from under me....then we lost the bid on a second house we liked...after that we just decided to add on the space we needed to our current home...financially a much better choice....and it's not like we hated our house, we just wanted more land and needed another bedroom...but there's the difference between wants and needs...I'll continue renting the acre behind me from my neighbor for 50 bucks a month untill he's ready to sell it to me.

[SanDog]

no that deal fell through....someone with cash came in and bought it out from under me....then we lost the bid on a second house we liked...after that we just decided to add on the space we needed to our current home...financially a much better choice....and it's not like we hated our house, we just wanted more land and needed another bedroom...but there's the difference between wants and needs...I'll continue renting the acre behind me from my neighbor for 50 bucks a month untill he's ready to sell it to me.

I remember now. Sorry about that.

[snarg]

no that deal fell through....someone with cash came in and bought it out from under me....then we lost the bid on a second house we liked...after that we just decided to add on the space we needed to our current home...financially a much better choice....and it's not like we hated our house, we just wanted more land and needed another bedroom...but there's the difference between wants and needs...I'll continue renting the acre behind me from my neighbor for 50 bucks a month untill he's ready to sell it to me.

snarg is presently seeking a place to hang his hammock
how much to set up on the "back forty"?

[Bill]

snarg is presently seeking a place to hang his hammock
how much to set up on the "back forty"?

The place arcoss the street from me just sold for 162,000

[Flumper Barflusterbutt]

The place arcoss the street from me just sold for 162,000

I think he was wanting to know what you would rent him a tree limb close to a fence post for.

[snarg]

I think he was wanting to know what you would rent him a tree limb close to a fence post for.

ding ding ding

we have a winner, folks!!!!

[Bill]

fuck that....you know how them mexicans are, as soon as you let one in there's 200 of them planting tomato plants in your driveway....besides I imagine a hamock would get pretty chilly when it gets down to 7 degrees. (that's not including the wind chill) then I'll have to let him sleep in a vacant horse stall or supply him with fire wood.

[Vitamin E]

Please move to TF's Stank Undies forum

[Bill]

Snarg can live in the ice house

50

[snarg]

just saw an article in the nytimes about a young gal getting her first palce
she almost bought a 400 sq' coop for 210k, but backed out
ended up with a 310k 500' condo for 310,000
thought she got a great deal :|