Cape Coral - cost of home ownership (real estate, housing)

[NY62]

Originally Posted by justNancy

Thanks. Appreciate your comment. I'm on both sides of the fence, however. I am a strong consumer advocate and agree that people with ARMs need protection, but at the same time I'm upset about the low interest rates in the bank. I keep thinking of the Truman Show when Jim Carrey's whole life was being monitored and controlled by a TV producer. That's the way I picture the Federal Reserve. They're just sitting there playing with all the special effects and watching to see what the little people will do next.

That is funny with the fed.

[jmfkmb49]

Keep in mind that vacation/2nd homes don't the get property tax benefits provided under the Save Our Homes Act.

This year is the best time to buy in our area. You have your pick...there are thousands of desparate homeowners that need to sell. There are foreclosures and short sales on most blocks. You can negotiate great terms!

[jay2007]

Go with fundamentals, that is where housing prices are going to in 2009. the corrupt enron boys are DONE making a filthy rich profit inflating usa homes, creating deficit consumer spending and massive foreclosure and homelessness nationwide, ALL of which falls back on the taxpayers, via subsidizing welfare, food stamps, jails, social programs etc.
Condos cost 39,000 to build 15 years ago, houses incl. land cost today 69,000 for a new 3-4 bedroom house cost, these are material labor and lot fundamental COSTS.
Property taxes will decline when people realize a home is a sanctuary and NOT a way to con and rob for profit.
I will vote for any pres candidate that advocates housing and rent PRICE CONTROLS as building material and labor costs have not gone up in 30 years. The enron boys jacked the housing markets out of cost range to rob home buyers and rob owners via over assessment FRAUDULENT ASSESSMENT and over taxation.
Be very careful, I heard all the enron crook boys are going into property management now and will be trying to criminally rob homeowners thru criminally INFLATED HOA fees.
These enron crooks will tell ant LIE to extort money from renters buyers and homeowners, if your HOA fees are jacked, inflated, your association is run by an enron type criminal that needs to be OUT-ED and, or sued for fraud, misappropriation of HOA funds and criminal deriliction of duty, these gougers need to go to jail and be DISGOURGED of any criminal gains due to fraud deceptive practice and book cooking just like the enron brteed crooks were jailed fined and disgourged in 2000 to 2004 of stock market swindles.
Buy a nice 2-3 bedroom at auction for 69,000 or a condo at auction for 18,000 and make sure taxes and hoa are lowered accordingly. Enron home condo hoa tax and rent prices are not comming back.
The enrot men will have to devise new ways to ROB people, as fraudulently inflating the home market did not work. Corrections will continue for at least the next decade, fundamentals and demographics, supply and demand set price, there is an over supply of housing in usa and florida, end of story.

[justNancy]

Originally Posted by jay2007

Buy a nice 2-3 bedroom at auction for 69,000 or a condo at auction for 18,000 and make sure taxes and hoa are lowered accordingly.

Where do you find these auctions?

[NY62]

Originally Posted by justNancy

Where do you find these auctions?

please dont humor him. This dude is puffing the funny ones.

[NY62]

everyone knows building materials and labor and everything else has gone up in thirty years. He must of lost his retirement to enron. all his eggs in one lousy basket.

[firemed]

Originally Posted by justNancy

Where do you find these auctions?

Florida was this weekend and a new one should be posted soon.

Home Auction Calendar To Buy Foreclosed Home, House & Properties

[justNancy]

Originally Posted by firemed

Florida was this weekend and a new one should be posted soon.

Home Auction Calendar To Buy Foreclosed Home, House & Properties

Thanks. I wish I knew how this all worked.

[NY62]

Originally Posted by justNancy

Thanks. I wish I knew how this all worked.

Nancy this is nothing new, you can contact banks for there reo properties in the area you are looking. some even list them on the web.

[Bette]

Originally Posted by njkate

I see that!! Hubbie & I have been scouting around looking for a winter home all through SC and parts of GA. Someone mentioned Cape Coral to us last night and I am amazed by what I see...many short sales & Reo's listed on realtor.com

You may be able to name your price! Great time to buy! Wish I had $200K sitting around.....any takers?