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Subject: houses starting @ $99,000
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azcarcarrierUser is Offline

Posts:306

10/14/2007 9:07 PM Alert 
The big auction really showed the market and trends in sales. The smaller homes held around 100 per sq.ft. The larger homes slid into the toilet, 90/62 dollars a sq.ft. I bought a 2600 home for 167,000.00 plus 5% buyers fee putting me at 175,350.00 total in Casa Grande.
Lees2User is Offline

Posts:586


10/15/2007 2:18 PM Alert 
That makes me feel better. We our 2555 sq. ft. home was $165,000 in Maricopa. I guess we haven't actually lost that much money. Ours is slightly better quality, but still.


Previous Post Count: 2731
Member Since: April 22, 2005 at 3:24 p.m.
azcarcarrierUser is Offline

Posts:306

10/15/2007 7:54 PM Alert 
That's great that you bought at the best time in an up market. I bought in a down market and am not looking for a super return just a moderate one beating 5.25 at the bank. Rent factors will bring me real close considering availability. REO are not available for rent. LOL
LeonPotterUser is Offline

Posts:506

10/16/2007 9:27 AM Alert 
I'm curious to find out the details of the loan you received.Unless, you bought without accruing any more debt and speak of a guaranteed savings rate that you want to beat.

My answer is "NO" to Q#5 and Q#1.

Proverbs 22:7
The rich ruleth over the poor and the borrower is servant to the lender.
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Forums > Community > Real Estate > houses starting @ $99,000



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