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Old 02-23-2007, 03:01 PM
 
2,313 posts, read 3,194,215 times
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Quote:
Originally Posted by Need_affordable_home View Post
You will probably want to live in Port Saint Lucie but youll need $200k for a starter house. $135k is the cheapest ive seen and thatll get you a tiny 2/1 shack. Maybe you can look for foreclosure deals, my dad thinks ill be able to get that $50k house in a foreclosure auction in PSL.
It doesn't sound like price is really a problem for them. Sounds like they want to live a nice life and can afford it.
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Old 02-23-2007, 03:12 PM
 
1,025 posts, read 4,096,091 times
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Just for fun (and in complete ignorance of your budget), I checked properties at a multiple listing site from $300,000 to $500,000 within the Deerfield Beach/Pompano/Lighthouse Point/Coconut Creek area. Some even have boat and RV storage.

http://tinyurl.com/39kunj


Go for it and enjoy! I would.
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Old 02-23-2007, 03:15 PM
 
13 posts, read 32,451 times
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Quote:
Originally Posted by Figment 07 View Post
Just for fun (and in complete ignorance of your budget), I checked properties at a multiple listing site from $300,000 to $500,000 within the Deerfield Beach/Pompano/Lighthouse Point/Coconut Creek area. Some even have boat and RV storage.

http://tinyurl.com/3d8cgk

Go for it and enjoy! I would.
Thanks ever so much. We want to stay under 300,000. We'll take a look at the website!
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Old 02-23-2007, 03:19 PM
 
1,025 posts, read 4,096,091 times
Reputation: 662
My pleasure. I forgot to mention that if you want to go out into the Atlantic, you will have to pass through only one drawbridge when launching from tiny Silver Palm Park.

That price is doable in that part of SE Florida, too, believe it or not.

Try this instead for $275,000 to the $300s: http://tinyurl.com/2kdrbv
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Old 02-23-2007, 03:33 PM
 
232 posts, read 886,893 times
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I think it was called Where to retire magazine. I will have to check again the next time I am in the office. It was a very interesting magazine
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Old 02-23-2007, 03:44 PM
 
13 posts, read 32,451 times
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Quote:
Originally Posted by Figment 07 View Post
My pleasure. I forgot to mention that if you want to go out into the Atlantic, you will have to pass through only one drawbridge when launching from tiny Silver Palm Park.

That price is doable in that part of SE Florida, too, believe it or not.

Try this instead for $275,000 to the $300s: http://tinyurl.com/2kdrbv
Ah, yes...the journey to the Atlantic will be a frequent one and being able to get to it quickly ranks high on our list.
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Old 02-23-2007, 08:44 PM
 
Location: WPB, FL. Dreaming of Oil city, PA
2,909 posts, read 14,087,630 times
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Quote:
Originally Posted by TriMT7 View Post
There are no "shacks" in Port St. Lucie, lol. There are smaller, older homes, yes. But "shacks"? Come on!

http://homepics.realtor.com/image10/http/westpalmbeach/listings/large/004/r2732306_1.jpg (broken link)

Many people would call that 1150 square feet house a shack. It looks very simple and is shaped like a trailor, no offense. Of course at $127k its pretty affordable to a single person making $50k+ a year or a household income of $65k+

Quote:
Originally Posted by macguy View Post
It doesn't sound like price is really a problem for them. Sounds like they want to live a nice life and can afford it.
Dont assume, ask what the OP's budget is. It is dangerous to recommend a house that could bankrupt them. If they have a household income of $50k and no children, a safe budget is $75k to $120k for a house. If they are rich with a doctorates or a nice business and make $150k household then yes they can afford $350k to $500k of house depending on what other expenses they have. I think its the responsable thing not to spend more than what you can comfortabily pay the mortgage and everyone can agree. Lets see what the OP has to say and explain because we are assuming.
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Old 02-23-2007, 08:59 PM
 
2,313 posts, read 3,194,215 times
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Quote:
Originally Posted by Need_affordable_home View Post
http://homepics.realtor.com/image10/http/westpalmbeach/listings/large/004/r2732306_1.jpg (broken link)

Many people would call that 1150 square feet house a shack. It looks very simple and is shaped like a trailor, no offense. Of course at $127k its pretty affordable to a single person making $50k+ a year or a household income of $65k+



Dont assume, ask what the OP's budget is. It is dangerous to recommend a house that could bankrupt them. If they have a household income of $50k and no children, a safe budget is $75k to $120k for a house. If they are rich with a doctorates or a nice business and make $150k household then yes they can afford $350k to $500k of house depending on what other expenses they have. I think its the responsable thing not to spend more than what you can comfortabily pay the mortgage and everyone can agree. Lets see what the OP has to say and explain because we are assuming.
I was just going by their post, they sound like they know what they can afford. The 23 foot Grady they have can cost around $40,000. A lot of people have money and make good money. Many have good pensions and investments and don't worry about money that much. They don't want to live their golden years in a shack, that's why they have worked so hard all their lives, not to just live like bums.
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Old 02-23-2007, 09:12 PM
 
Location: WPB, FL. Dreaming of Oil city, PA
2,909 posts, read 14,087,630 times
Reputation: 1033
Quote:
Originally Posted by macguy View Post
I was just going by their post, they sound like they know what they can afford. The 23 foot Grady they have can cost around $40,000. A lot of people have money and make good money. Many have good pensions and investments and don't worry about money that much. They don't want to live their golden years in a shack, that's why they have worked so hard all their lives, not to just live like bums.

And they dont want to spend so much on a house that it drains all their investments in 20 years then they need to go back to work because they spent all their retirement money. I have seen it happen many times and its very sad to see 75 year olds working and not even getting paid much. Some of them end up losing their house as they dont make enough to keep paying the expenses. I worry for those people. I understand they dont want to live in a shack and they dont have to, you can get a nice big house cheap in the northeast. Florida prices are very high and you need to be rich or at least well off to afford a proper house
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Old 02-24-2007, 10:06 AM
 
1,025 posts, read 4,096,091 times
Reputation: 662
Quote:
Originally Posted by Need_affordable_home View Post
http://homepics.realtor.com/image10/http/westpalmbeach/listings/large/004/r2732306_1.jpg (broken link)

Many people would call that 1150 square feet house a shack. It looks very simple and is shaped like a trailor, no offense. Of course at $127k its pretty affordable
I happen to think that house is kind of cute. Love the simpliciity and those mature trees out back!

With a cosmetic exterior tweak or two and some quality tropical landscaping, there is potential to add great curb appeal. As is, the house is still adorable, in a fun retro-Florida kind of way. I'd do the interior and rear patio in 1950s modern.
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