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Methinks It's Time to Sell


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#41 plenzmd1

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Posted 18 May 2017 - 09:08 AM

We are looking to sell our house in burbs of Richmond and significantly downsize
In the city, but waiting for right beat up house in right location to make the move. Don't want to pay for something that has been upgraded but to something I will still rip out. So we wait

Market is back to where it was in peak time price wise, but not near the craziness.

Now our place in DC is up about 16% in two years. That place , like yours Chef, is all about location. Have no worries will always make money and be able to get out quick if need be. Place above us just sold, agent was disappointed took 6 days.

#42 BuffaloBud

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Posted 18 May 2017 - 09:08 AM

Yup it sure is. I'm in Bexley if we ever decide to move, we'll be in great shape.

 

Really tempted to get out now.  Polaris area, Olentangy schools, Alum Creek Res, ....  Only problem is what / where to move into.  Would love to move into the city but townhouse market has gone off the charts like stand alones.  And the townhouse market up by me is no money saver either.



#43 Gordio

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Posted 18 May 2017 - 10:26 AM

Oh there is something special about our house. A world class view of the San Francisco Bay, the SF skyline, the Bay and Golden Gate Bridges and the Marin Headlands. Oh and it has a sauna.

 

 

Big Deal.



#44 Chef Jim

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Posted 18 May 2017 - 10:38 AM

 

 

Big Deal.

 

You're likely the only one in the world that thinks a view is not a big deal.  And that's ok.  



#45 teef

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Posted 18 May 2017 - 10:49 AM

That house may possibly go for 275,000 here. Probably closer to 250.

Here's what a million will get you around here http://mymobile.flex...301342382000000

i think the house he listed would get more depending on the suburb it was in here.  possibly in the 400 range.  on top of that, the house you showed would be over a million.  that place is awesome.



#46 teef

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Posted 18 May 2017 - 11:03 AM

Didn't Golisano say he saved something crazy like $13,800/DAY when he moved to Naples?

i remember hearing it could be up to 7 million a year.  not sure if that's correct though.


 

 

What is wrong with living in PA?   I have a few friends that moved out to SoCal about 7/8 years ago.  They live in Long Beach.  I have never been out there & I heard it is a very nice place to live but it gets annoying when they come back into town & they constantly find the need to put down other parts of the country(especially WNY).  Your happy where you live, great.  Why do you constantly feel the need to put down other places of the country? 

 

& I am sure you will get it but anybody that pays $1 million for your place or the place you listed is a sucker.  There is nothing special about that house you listed & my guess is there is nothing special about your house either.

you can plop the same house in different areas, and you'd be shocked how the prices would change.



#47 Just Jack

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Posted 18 May 2017 - 11:17 AM

Oh there is something special about our house. A world class view of the San Francisco Bay, the SF skyline, the Bay and Golden Gate Bridges and the Marin Headlands. Oh and it has a sauna.


Does it have a bidet?

#48 Boyst62

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Posted 18 May 2017 - 11:28 AM

Oh there is something special about our house. A world class view of the San Francisco Bay, the SF skyline, the Bay and Golden Gate Bridges and the Marin Headlands. Oh and it has a sauna. 😆

I got the sunrise. Sunset. Trees. Pastures. I win.

You city folk don't get it

#49 Gordio

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Posted 18 May 2017 - 11:31 AM

 

You're likely the only one in the world that thinks a view is not a big deal.  And that's ok.  

 

 

Hey I like a nice view just as much as the next guy but I am not sure it is worth paying $1 million plus for. 



#50 Rockpile233

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Posted 18 May 2017 - 11:33 AM

I got the sunrise. Sunset. Trees. Pastures. I win.
You city folk don't get it


Must be quite the site with your arm around the woman you met on farmersonly.com

#51 teef

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Posted 18 May 2017 - 11:34 AM

 

 

Hey I like a nice view just as much as the next guy but I am not sure it is worth paying $1 million plus for. 

i think the point is that even the house without the nice views go for a ton of money because of the area.  

 

i live in wny, have a nice/home and life, but still think this place sucks.  it's ok.  my family and work are here, so i'm here.  my house wasn't a million, yet i'm paying more a month on taxes than what someone would pay for that house.  i completely understand why people move from this area.  



#52 Chef Jim

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Posted 18 May 2017 - 11:51 AM

Does it have a bidet?

 

No but we do have a garden hose. 


 

 

Hey I like a nice view just as much as the next guy but I am not sure it is worth paying $1 million plus for. 

 

Obviously it is.  


i think the point is that even the house without the nice views go for a ton of money because of the area.  

 

i live in wny, have a nice/home and life, but still think this place sucks.  it's ok.  my family and work are here, so i'm here.  my house wasn't a million, yet i'm paying more a month on taxes than what someone would pay for that house.  i completely understand why people move from this area.  

 

And that's the killer.  The property taxes in NY.  Over $10k a year for a "modest" home?  You get rid of  your mortgage but you have that albatross around your neck?  No thanks. 



#53 teef

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Posted 18 May 2017 - 12:13 PM

 

 

 

And that's the killer.  The property taxes in NY.  Over $10k a year for a "modest" home?  You get rid of  your mortgage but you have that albatross around your neck?  No thanks. 

That's what were dealing with.  we found the house we love on the exact type of property we want.  the house was in our range, but we really had to come to terms with the taxes.  if we decided we didn't want to pay them, we'd just be compromising on the house we really wanted.  you get totally handcuffed by it.  we just moved in 2 years ago, but i'm paying off the principal pretty aggressively.  that being said, even when done, we'll still be paying close to 2 grand a month in taxes.  



#54 T-Bomb

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Posted 18 May 2017 - 12:21 PM

i think the point is that even the house without the nice views go for a ton of money because of the area.  

 

i live in wny, have a nice/home and life, but still think this place sucks.  it's ok.  my family and work are here, so i'm here.  my house wasn't a million, yet i'm paying more a month on taxes than what someone would pay for that house.  i completely understand why people move from this area.  

 

That's what happens when Democrats are in charge for like 5 decades straight...



#55 Chef Jim

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Posted 18 May 2017 - 12:23 PM

That's what were dealing with.  we found the house we love on the exact type of property we want.  the house was in our range, but we really had to come to terms with the taxes.  if we decided we didn't want to pay them, we'd just be compromising on the house we really wanted.  you get totally handcuffed by it.  we just moved in 2 years ago, but i'm paying off the principal pretty aggressively.  that being said, even when done, we'll still be paying close to 2 grand a month in taxes.  


It makes me wonder how hard it is for people in high property tax states like NY to have positive cash flow on rentals.

#56 T-Bomb

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Posted 18 May 2017 - 12:24 PM

It makes me wonder how hard it is for people in high property tax states like NY to have positive cash flow on rentals.

 

They're slumlords, forced to be...



#57 Chef Jim

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Posted 18 May 2017 - 12:24 PM

 
That's what happens when Democrats are in charge for like 5 decades straight...


Let's not turn this political. In CA that has been Dem forever has much lower property taxes than NY

#58 Augie

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Posted 18 May 2017 - 12:27 PM

Oh there is something special about our house. A world class view of the San Francisco Bay, the SF skyline, the Bay and Golden Gate Bridges and the Marin Headlands. Oh and it has a sauna.


Where I lived in Florida you could have a nice house on a golf course or pond, and the same house across the street with a full bay view would go for $250-300k more. All day long.....

#59 T-Bomb

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Posted 18 May 2017 - 12:28 PM

Let's not turn this political. In CA that has been Dem forever has much lower property taxes than NY

 

Most of our property taxes go towards teachers unions and state run Medicaid...  That's right, Medicaid.



#60 Boyst62

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Posted 18 May 2017 - 12:33 PM

Must be quite the site with your arm around the woman you met on farmersonly.com

bessies good to me. Warm soft tender to hold. Always willing to listen a gallon of milk a day.