From: za kAT on
On Tue, 27 Jul 2010 20:49:28 -0700 (PDT), Las Vegas Don wrote:

> On Jul 27, 9:23�pm, za kAT <za...(a)johnstubbings.invalid> wrote:
>> On Tue, 27 Jul 2010 19:42:01 -0700, jerry the jerk wrote:
>>> On Jul 27 2010 6:34 PM, LVTravel wrote:
>>
>>>> "Double Down Now!" <double.down....(a)hotmail.com> wrote in message
>>>>news:65625000-7f91-4974-87e3-2a4c12bd7059(a)c10g2000yqi.googlegroups.com...
>>>>>http://www.huffingtonpost.com/
>>
>>>> Yes it is and I have been seriously considering it but without knowing how
>>>> many homes in a community will be unoccupied in the next year, those
>>>> community association fees could become astronomical in a short period of
>>>> time when you have to pay for all the upkeep to 1/2 of the community
>>>> property as you and one other family are the only two there.
>>
>>> I'm moving into an HOA that has 335 residents. If houses go vacant, the
>>> HOA will be terminated long before the dues go skyhigh.
>>> Nothing to worry about.
>>
>> Except for all the services that the HOA was paying for won't any
>> longer be available.
>>
>> Good thinking. Who needs common area sprinklering, lawn maintenance
>> and security.
>> --
>> za...(a)pooh.the.cat - Sergeant Tech-Com, DN38416.
>> Assigned to protect you. You've been targeted for denigration!
>
> A friend just bout a 450k home for 175k. He worked the system for it
> and it did not come to him. Great for him.
>
> Don

He bought a $175K home for $175K. Ask the County Appraiser.
--
zakAT(a)pooh.the.cat - Sergeant Tech-Com, DN38416.
Assigned to protect you. You've been targeted for denigration!
From: Ace* on
On Jul 27, 9:26 pm, za kAT <za...(a)johnstubbings.invalid> wrote:
>
> He bought a $175K home for $175K. Ask the County Appraiser.

But it used to cost several times what it was worth, that's what
counts. Right?

A*
From: za kAT on
On Wed, 28 Jul 2010 00:22:53 -0700 (PDT), Ace* wrote:

> On Jul 27, 9:26�pm, za kAT <za...(a)johnstubbings.invalid> wrote:
>>
>> He bought a $175K home for $175K. Ask the County Appraiser.
>
> But it used to cost several times what it was worth, that's what
> counts. Right?
>
> A*

As long as you can sell it for that, sure.
--
zakAT(a)pooh.the.cat - Sergeant Tech-Com, DN38416.
Assigned to protect you. You've been targeted for denigration!
From: octoad on

"Las Vegas Don" <dstrevel(a)gmail.com> wrote in message
news:62d13d04-d5ac-469d-9c77-a1cee06eac05(a)w30g2000yqw.googlegroups.com...

> A friend just bout a 450k home for 175k. He worked the system for it
> and it did not come to him. Great for him.

Correction: Your alleged friend just bought a 175k home for 175k. And in a
few months it will probably be a 150k home.

O


From: jerry the jerk on
On Jul 28 2010 8:55 AM, octoad wrote:

> "Las Vegas Don" <dstrevel(a)gmail.com> wrote in message
> news:62d13d04-d5ac-469d-9c77-a1cee06eac05(a)w30g2000yqw.googlegroups.com...
>
> > A friend just bout a 450k home for 175k. He worked the system for it
> > and it did not come to him. Great for him.
>
> Correction: Your alleged friend just bought a 175k home for 175k. And in a
> few months it will probably be a 150k home.
>
> O

for once the toad said something true. I've seen many homes that USED to
cost $275K-$300K and now sell for $130-150K. That is no guarantee that the
market will ever rebound to those heights again.

------�
RecGroups : the community-oriented newsreader : www.recgroups.com