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I have driven down Mount Misery road and saw the sign for Eastbrook but never went to look at homes. I know the area has many run down trailers-some look abandoned with missing windows and doors.
There is a newer Food Lion store close by. Good luck.
Also hire a home inspector to do an inspection before you buy it or for the final walk through. I would suggest using your own attorney-many builders give you help with closing costs if you use their attorney-this equates to shooting yourself in the foot!
Last edited by qaz123; 02-29-2008 at 02:05 AM..
Reason: typo
My agent is meeting with the inspector today. I'm actually buying the house as a resale, not as new.
The whole area reminded me of my home town (Henderson, just north of Raleigh), and, honestly, the trailers don't bother me as long as I am not living in one. The next hurricane will cull the herd.
honestly, the trailers don't bother me as long as I am not living in one. The next hurricane will cull the herd.
Most likely the owners will be taxed out--land values are skyrocketing and they won't be able to afford their taxes anymore. It's happening around us..
I'm not disagreeing with you, but when I found out the tax bill for the house I bought, I had to change my slacks. I couldn't believe it would be so low, compared to South Floruda.
BlueLily7 -- It should be noted that just because land values have skyrocketed, that doesn't mean that taxes are following suit. Case in point: My property value increased over 75% in last year's revaluation, yet my taxes were LESS than the previous year. The millage rate actually went down.
I meant to get this in earlier, but I got side tracked.
It took a while for me to find a house in broward county (where I live now, Fort Lauderdale area) with the same square feet, age, garage, # of bed/baths, and so on, and I still couldn't find one with a yard as big, but to give you an idea, the house I am buying in Leland has property taxes around $655 a year, including the fire fee.
The same exact size house, same age, same size garage and construction features (but with a heavier roof), the taxes are $4769.65. Each year, the assessed value of the home can rise as much as 3% for tax assessments. it resets when a home is sold, so the new owner could actually pay a tax of around $5818.17.
And to think that I used to think that sales tax and income tax in NC were a rip off!
I should also point out that there are exemptions and, if this house were someone's primary residence, they wouldn't pay that much in taxes.
Hey, how are you liking that area? We are looking at houses there. Thanks!
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