Im the proud owner of a new home...

Jarod

Jarod

Well-known member
Contributor
On Jack Nicholas designed golf course....

The loan, at an interest rate of 4.75% fixed, was way to easy to qualify for. It was a short sale and the banks accepted a $200,000 loss on the outstanding loans!
 
Im not what Id call rich, merely taking advantage of a historically weak market. Its a neighborhood my wife only dreamed of being able to afford three years ago.... Purchashed at less than 1/2 the former appraised value.
 
anybody who owns a house on a Nicholas course is rich by average american standards, ie most ambulance chasers are.
 
Jarod said:
On Jack Nicholas designed golf course....

The loan, at an interest rate of 4.75% fixed, was way to easy to qualify for. It was a short sale and the banks accepted a $200,000 loss on the outstanding loans!
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Hey...we have something in common. I live near Muirfield.
 
Good deal. I closed on my home for just under 35K, when 3 years ago it was bought for 150K. And I'm looking at getting another one to sit on and wait for the market to come back.
 
CaptBillyTheKid said:
Good deal. I closed on my home for just under 35K, when 3 years ago it was bought for 150K. And I'm looking at getting another one to sit on and wait for the market to come back.
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Im looking at a townhouse that sold three years ago for $225,000, they want $75,00 for it.
 
CaptBillyTheKid said:
T I'm trying to get at least one more house, preferably a fixer-upper, since I can do any work that needs to be done.
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This is what I'd do if I didn't live in the sticks. I can do pretty much any work that needs to be done on a house....and could do it after work & in my spare time. Buy a fixer-upper, fix it up and sell it. But alas, not too many places here for sale nor are there many buyers looking to move here. Did I mention that that last part is the part I love about "here."
 
Thorn said:
Congrats, Jarod! :)

P.S. Do you mean Jack Nicklaus? :p
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:lol: oops.

There goes the neighborhood.

The house I own now I bought 13 years ago and the local market was down, albeit not like it is in some parts of the country today. The first time we saw it it had been on the market for 6 months and was well out of our range. Then it went "corporate", they hired a decorator to tone down the decor, and it sat for another year, so I low balled an offer. They came down a few thousand and I went up ten and told them "final offer", and they caved.

I had several neighbors pissed that I had brought down their comps. One guy, big tall dude, would glare at me when he went by, and eventually had a stroke and died at age 45. Another got her son to tear down my mailbox, so I rebuilt it with a 4x6, then he died in an industrial accident. She still tosses her cig butts at my mailbox on her way by; I'm waiting for her to die of lung cancer. :)
 
Southern Man said:
:lol: oops.

There goes the neighborhood.

The house I own now I bought 13 years ago and the local market was down, albeit not like it is in some parts of the country today. The first time we saw it it had been on the market for 6 months and was well out of our range. Then it went "corporate", they hired a decorator to tone down the decor, and it sat for another year, so I low balled an offer. They came down a few thousand and I went up ten and told them "final offer", and they caved.

I had several neighbors pissed that I had brought down their comps. One guy, big tall dude, would glare at me when he went by, and eventually had a stroke and died at age 45. Another got her son to tear down my mailbox, so I rebuilt it with a 4x6, then he died in an industrial accident. She still tosses her cig butts at my mailbox on her way by; I'm waiting for her to die of lung cancer. :)
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Meme lives in your Hood!!!!!!!!!!!!!!
 
Jarod said:
On Jack Nicholas designed golf course....

The loan, at an interest rate of 4.75% fixed, was way to easy to qualify for. It was a short sale and the banks accepted a $200,000 loss on the outstanding loans!
Click to expand...

hey,what a coincidence.....I live in the same state as a golf course designed by Nicholas.....
 
Where is this Florida? Congrads.. Did you sign the next 30years of your life to it? I just refied down to a 10year loan at 4.25%. Home was appraised at 380k down from the 480kpeak of market..
 
Southern Man said:
:lol: oops.

There goes the neighborhood.

The house I own now I bought 13 years ago and the local market was down, albeit not like it is in some parts of the country today. The first time we saw it it had been on the market for 6 months and was well out of our range. Then it went "corporate", they hired a decorator to tone down the decor, and it sat for another year, so I low balled an offer. They came down a few thousand and I went up ten and told them "final offer", and they caved.

I had several neighbors pissed that I had brought down their comps. One guy, big tall dude, would glare at me when he went by, and eventually had a stroke and died at age 45. Another got her son to tear down my mailbox, so I rebuilt it with a 4x6, then he died in an industrial accident. She still tosses her cig butts at my mailbox on her way by; I'm waiting for her to die of lung cancer. :)
Click to expand...

I am starting to suspect that you bring down the comps is not whay they hated you!
 
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