tag:blogger.com,1999:blog-1704716532906358840.post3207964413958591454..comments2023-10-28T02:48:46.913-07:00Comments on BungalowBling: Reality Check........Not sure what to do? Would LOVE any insight!Shellhttp://www.blogger.com/profile/00235816224639707484noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1704716532906358840.post-19603122141302006772011-06-18T05:32:09.021-07:002011-06-18T05:32:09.021-07:00Add your taxes and insurance and an approximate co...Add your taxes and insurance and an approximate cost of maintenance and divide by twelve. Is it less that you'd pay if you even were able to sell and rent somewhere else? Probably! In the end, unless the neighborhood gets very bad, it's always better to own land - and even better if you have a house on it.Anonymoushttps://www.blogger.com/profile/14698801749067092572noreply@blogger.comtag:blogger.com,1999:blog-1704716532906358840.post-81200068655277723652011-06-18T03:27:28.319-07:002011-06-18T03:27:28.319-07:00I know exactly what you are going through. Our hou...I know exactly what you are going through. Our house went from 489,000.00 to 284,000.00 in one year and we are just sick about it. It's on the market for 249,900.00 and we have had only TWO showings since October of last year. Things are just bad everywhere and it's totally depressing. If the value of our homes goes down every year, why do our taxes keep going up? *scratching my head* I just don't understand it. We have cut back every way we can, cutting off our cell phones, being on a budget for groceries, cutting back treats for the fur babies, etc....it just doesn't seem to help. Ughhhhhh! When our contract is up in August, we are pulling our house off the market and staying here another year until things get better.<br />PIECES!<br />LuLu~*xoxoLuLu Kellogghttps://www.blogger.com/profile/11628316187294863988noreply@blogger.comtag:blogger.com,1999:blog-1704716532906358840.post-40984060060936556292011-06-17T19:27:54.627-07:002011-06-17T19:27:54.627-07:00Hi shelly,
I just sold my new home after two and ...Hi shelly, <br />I just sold my new home after two and a half years on the market 50 grand less than appraisal just to move for hubbys job. I was lucky not to have any debt and not to have to bring any money to closing. <br />my advice is to consult an agent and see what they say.. renting is ok as long as you have an agency that does credit checks and make sure you get a great deposit. renting is scary but at least the house is paid for. but you may have to get repairs done just to rent it... make sure you do some seriuos research before selling or renting...<br />hope you have some good luck come your way... <br />assessments are a rough estimate and i always say if you are still gonna get what you paid in this market your doing well. making a profit is almost impossible in this market unless you buy a house at auction....HI! I'm Tabithahttps://www.blogger.com/profile/10756926314564794611noreply@blogger.comtag:blogger.com,1999:blog-1704716532906358840.post-40402329299575910252011-06-17T08:06:29.672-07:002011-06-17T08:06:29.672-07:00Hi Shell, These are scary times, I feel so bad for...Hi Shell, These are scary times, I feel so bad for the people like us who did things right and are now suffering. It breaks my heart. We were taught that a home was a great investment, but now I am not so sure. If you try and sell, it may take forever, so I would say hold tight if you can. I pray that things get better. Hugs, TerriTerri Gordonhttps://www.blogger.com/profile/15450913398757327902noreply@blogger.comtag:blogger.com,1999:blog-1704716532906358840.post-89629664806842771782011-06-17T06:52:50.139-07:002011-06-17T06:52:50.139-07:00I agree, You may have to get a job for the short t...I agree, You may have to get a job for the short term to pay these assessments off but things will get better. No need to panic. I think temporary solutions will suffice. Maybe it will be a fun adventure!theeccentricladyhttp://www.theeccentriclady.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-1704716532906358840.post-23541567919961117162011-06-16T22:36:58.626-07:002011-06-16T22:36:58.626-07:00Its crazy everywhere!! Hold tight, Things will get...Its crazy everywhere!! Hold tight, Things will get better, Hold on to your property and maybe just rent out the smaller home or maybe you can take in a renter in your home. An extra 300 or 400 a month might help. even if you lose some privacy. theres lots of nice people out there.<br />Now any ideas how I can get rid of all these DR bills? LOL<br />hugs LynnLynn Stevenshttps://www.blogger.com/profile/04986604913521696538noreply@blogger.comtag:blogger.com,1999:blog-1704716532906358840.post-52974296954611850342011-06-16T21:56:51.738-07:002011-06-16T21:56:51.738-07:00Property values will stabilize again in the next f...Property values will stabilize again in the next few years - if you love your home I'd sit tight and wait it out.<br />Defer as much maintenance as you can - even though, speaking from personal experience, I know how much an old house needs constant upkeep.<br />On the positive side, the decreased assessment on your house means that your property tax will be reduced as well.<br />Things will get better.rosekrafthttps://www.blogger.com/profile/17674163144912914991noreply@blogger.com