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Buying a home with a mortgage (pg. 2)
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tubularbills
quote:
Originally posted by Slylee
there's bank owned properties 5 minutes from the beach in south florida going for under 100k


wow:eyespop:
spc
Is this house located on Baltic Avenue or Mediterranean Avenue?
pkcRAISTLIN
quote:
Originally posted by The17sss
try Detroit. Houses there are selling for $100 in some places. No, that's not a joke. lol

http://www.cnn.com/2009/US/06/17/de...omes/index.html


yeah, but you're leaving out the taxes. ******** couldnt afford those ;)
The17sss
the foreclosure issue in Florida (and no state tax) has me salivating. If I get rich in the next year, I'm ing heading back home to FL! :toocool:
Domesticated
quote:
Originally posted by The17sss
try Detroit. Houses there are selling for $100 in some places. No, that's not a joke. lol

http://www.cnn.com/2009/US/06/17/de...omes/index.html


:wtf:

I would buy ten of those babies, do no work whatsoever, and hang onto them for fifty years. They would be my retirement fund.
The17sss
quote:
Originally posted by Domesticated
:wtf:

I would buy ten of those babies, do no work whatsoever, and hang onto them for fifty years. They would be my retirement fund.


lets invest together dude! $50 each per house.... you know even if we don't touch it for 20 years, we can sell it for more down the road. lol
tubularbills
quote:
Originally posted by spc
Is this house located on Baltic Avenue or Mediterranean Avenue?
:stongue: :stongue:

Rose
quote:
Originally posted by spc
Is this house located on Baltic Avenue or Mediterranean Avenue?




:stongue: :stongue:
Omega_Blue
quote:
Originally posted by pkcRAISTLIN
yeah, but you're leaving out the taxes. ******** couldnt afford those ;)


don't forget paying for the land that the house resides on also- or is that usually included in the price of the house? i dunno, i've never bought a house before.
pkcRAISTLIN
quote:
Originally posted by Domesticated
:wtf:

I would buy ten of those babies, do no work whatsoever, and hang onto them for fifty years. They would be my retirement fund.


you'd have to be guaranteed a remarkable detroit revitalisation though. that city is going under, big time.

tubularbills
quote:
Originally posted by Omega_Blue
don't forget paying for the land that the house resides on also- or is that usually included in the price of the house? i dunno, i've never bought a house before.


taxes are totally geographically based.

my taxes in shreveport were about ~$300 a year.

they're ~$900 here in oklahoma. go figure.
pkcRAISTLIN
quote:
Originally posted by Omega_Blue
don't forget paying for the land that the house resides on also- or is that usually included in the price of the house? i dunno, i've never bought a house before.


nah, price is land and house unless things are done really differently over there.
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