getdoon_weebobby Posted August 8, 2009 Share Posted August 8, 2009 (edited) resort http://www.regalpalms.com/cgi-bin/htmlos.c...055656810047546 houses - example the bermuda 1700 square foot http://www.buy-florida-villas.co.uk/regal-...uda-orlando.htm originally $389k got an email there - slashed to $119k = �71k im pretty sure if your on the ground the drops are far more substancial resales from $75k and even less http://www.floridarmr.com/content/view/11/ so possibly we've peak $389k down to $75k ouch even gets tempting at these prices?????????????.... Edited August 8, 2009 by getdoon_weebobby Quote Link to comment Share on other sites More sharing options...
Norma Lamont Posted August 8, 2009 Share Posted August 8, 2009 Townhouse = N. American starter home. Shouldn't have to pay more than $150k at the very most. $389k price must be fiction. Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted August 8, 2009 Author Share Posted August 8, 2009 Townhouse = N. American starter home. Shouldn't have to pay more than $150k at the very most. $389k price must be fiction. down to $75k so fill yer boots! Quote Link to comment Share on other sites More sharing options...
Darkman Posted August 8, 2009 Share Posted August 8, 2009 resorthttp://www.regalpalms.com/cgi-bin/htmlos.c...055656810047546 houses - example the bermuda 1700 square foot http://www.buy-florida-villas.co.uk/regal-...uda-orlando.htm originally $389k got an email there - slashed to $119k = �71k im pretty sure if your on the ground the drops are far more substancial resales from $75k and even less http://www.floridarmr.com/content/view/11/ so possibly we've peak $389k down to $75k ouch even gets tempting at these prices?????????????.... Just makes me sick to my stomach what can be bought in the USA for so little cash Quote Link to comment Share on other sites More sharing options...
bpw Posted August 8, 2009 Share Posted August 8, 2009 before you buy check the following: can u insure the place (including hurricanes) can u rent it what is the demographic of the area how much to maintain and lease Once you have answers you will see why its offered at 75k....... its a waste of money. Florida is somewhere you visit once and say ok, then never go back. Hot, sweaty, void of culture, flat, swampy, with few interesting points. Mediterranean is much nicer and much more interesting. down to $75k so fill yer boots! Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted August 8, 2009 Author Share Posted August 8, 2009 (edited) Who cares if it is boring, stinking hot reclaimed swamp.If other people want to live there and they do then rent it out to them and sell it to them> You dont actually need to live there. the yanks love to retire there as the brits love the costas both might be boring and stinking hot but they will always be desireable taxes are high for sure as they are here. but im not seeing many (400k down to $68k bank foreclosure gated resort 5 bed 1700 square ft end townhouse) equivalent falls in UK. Not even in Northern ireland where what sells is down 40% from peak Edited August 8, 2009 by getdoon_weebobby Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted August 8, 2009 Author Share Posted August 8, 2009 There is good buying in Fla right now undoutedly.You can rent it out cash flow +ve to white trash and then sell later on when market improves if you were that way inclined. needs a hell of a lot of investigation but might blow my porsche cayman fund on a house instead! Quote Link to comment Share on other sites More sharing options...
shindigger Posted August 8, 2009 Share Posted August 8, 2009 There is good buying in Fla right now undoutedly.You can rent it out cash flow +ve to white trash and then sell later on when market improves if you were that way inclined. Oh cheers Bardon, is THAT how it works??? Good job i discovered this site eh?? Quote Link to comment Share on other sites More sharing options...
three pint princess Posted August 8, 2009 Share Posted August 8, 2009 (edited) Thought I'd update this as it has been a while, basically the UK since peak versus the USA since peak bringing the USA fall forwards in time to match the UK. The difference so far and what would happen if we stay close to the USA so far The % we move towards or aways from an exact copy of the USA house price crash. 0 would mean an exact copy of fall since peak, oddly we have just hit it briefly. Including the value of GBP exchange rate index ERI, or how much our money is worth against countries we actually trade with for imports and exports, weighted according to how much trade we do, so the EUR USD and YEN etc are heavily weighted while bulgarian leva is very small. The month of August is the average of the ERI value so far, so only a small sample but pointing to a rise in house prices. Edited August 8, 2009 by three pint princess Quote Link to comment Share on other sites More sharing options...
Norma Lamont Posted August 9, 2009 Share Posted August 9, 2009 (edited) down to $75k so fill yer boots! No bargain - and I wonder what the immediate area around these places is like. In the last recession you could pick up 4-5 bed decent sized plot detached places in nice parts of Orlando/Kissimmee with own pool for around $100k so looks to me like there's been a wee bit of inflation in the meantime. I'll pass. Factor in lots of $$$ for air-con, lawn/pool maintenance and property taxes too. Edited August 9, 2009 by Norma Lamont Quote Link to comment Share on other sites More sharing options...
cashinmattress Posted August 9, 2009 Share Posted August 9, 2009 Lots of people take an incorrect view of the place by using candy coated Orlando and Disney et all as the context. Florida is fvcking dangerous shitheap. I say if you want to go live there, fill your boots, but don't come back crying when you are robbed, beat up, shot at, or a hurricane wipes out your house. Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted August 9, 2009 Share Posted August 9, 2009 Lots of people take an incorrect view of the place by using candy coated Orlando and Disney et all as the context.Florida is fvcking dangerous shitheap. I say if you want to go live there, fill your boots, but don't come back crying when you are robbed, beat up, shot at, or a hurricane wipes out your house. Do you work for the tourist board? Quote Link to comment Share on other sites More sharing options...
cashinmattress Posted August 9, 2009 Share Posted August 9, 2009 Nope, but I was stationed there while in the military and its a shitheap. I stand by my statement. Look at the numbers as on display, from the state legislature! Florida’s CRIME CLOCK 2008 Annual VIOLENT CRIME every 4 minutes & 11 secondsINDEX CRIME every 36 seconds MURDER every 7 hours & 31 minutes FORCIBLE RAPE every 1 hour & 28 minutes FORCIBLE SEX OFFENSE every 49 minutes ROBBERY every 15 minutes AGGRAVATED ASSAULT every 7 minutes LARCENY every 1 minute BURGLARY every 3 minutes PROPERTY CRIME every 42 seconds MOTOR VEHICLE THEFT every 8 minutes California and Florida are the two most dangerous states in America. Imagine! Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted August 9, 2009 Share Posted August 9, 2009 There is good buying in Fla right now undoutedly.You can rent it out cash flow +ve to white trash and then sell later on when market improves if you were that way inclined. I think I'll let you deal handle the voids from overseas on that little venture. Good luck. Quote Link to comment Share on other sites More sharing options...
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