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Old 04-11-2019, 02:27 PM
 
3,305 posts, read 3,869,313 times
Reputation: 2592

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Quote:
Originally Posted by ansky View Post
So you bought a "retirement" home back in 2007, and here we are 12 years later and you're just retiring now, and deciding that you don't want to live in NC? Something doesn't add up. What was the purpose of investing in NC so long ago if there was no intention of moving there permanently until over a decade later?
Because people buy that old song and dance about "buy now or be priced out forever," otherwise sellers wouldn't use it.

OP's issue is they still don't want to believe they didn't have to buy then and don't want to take the loss on it.

Homes are not investments. If you make money on them good for you, just don't always expect it.

Last edited by jaymoney; 04-11-2019 at 03:08 PM..
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Old 04-11-2019, 02:52 PM
 
Location: NYC
20,550 posts, read 17,710,630 times
Reputation: 25616
There are $500k homes that are pretty good here in NJ too, it depends where. South NJ there are plenty of good looking homes for that much.
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Old 04-12-2019, 07:52 AM
 
Location: New Jersey
4,181 posts, read 5,063,818 times
Reputation: 4233
Quote:
Originally Posted by bluewin888 View Post
Agents only take listings they think they can sell, not something overpriced. It costs them money just to list it.
It costs them all of $50 to put it in the MLS.


Otherwise, agents have no "expenses". Zero. The seller's commission pays for all their "expenses".


Most agents currently need all the listings they can get.
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Old 04-12-2019, 10:12 AM
 
Location: NJ
4,940 posts, read 12,148,203 times
Reputation: 4562
The North Carolina bandwagon had it's Glory days from about 2000 to 2010. That ship has sailed. I have several friends that moved during that time and ended up coming back to NJ.
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Old 04-13-2019, 01:18 PM
 
Location: Mid-Atlantic
32,940 posts, read 36,369,350 times
Reputation: 43784
Quote:
Originally Posted by ansky View Post
The North Carolina bandwagon had it's Glory days from about 2000 to 2010. That ship has sailed. I have several friends that moved during that time and ended up coming back to NJ.
It's not that cut and dried. People started moving there before 2000 and they still are. PDD and Southbound, C-D members, moved there and they haven't come back.

OP, ultgar? lol, I wouldn't buy a furnished place. Consider getting rid of the furniture.
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Old 04-13-2019, 01:49 PM
 
Location: Jersey City
7,055 posts, read 19,312,201 times
Reputation: 6917
You couldn’t pay me $950k to move back to NC.
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Old 04-13-2019, 03:47 PM
 
19,128 posts, read 25,336,687 times
Reputation: 25434
Quote:
Originally Posted by Gerania View Post
It's not that cut and dried. People started moving there before 2000 and they still are. PDD and Southbound, C-D members, moved there and they haven't come back.
Quote:
Originally Posted by ansky View Post
The North Carolina bandwagon had it's Glory days from about 2000 to 2010. That ship has sailed. I have several friends that moved during that time and ended up coming back to NJ.
Quote:
Originally Posted by lammius View Post
You couldn’t pay me $950k to move back to NC.
Between the incredible price of that NC home and the reality that North Carolina isn't actually a "tax-friendly" state for retirees, the entire situation is mind-boggling to me. Kiplinger's magazine rates NJ as essentially middle of the road for retirees, whereas NC is "tax-unfriendly" for retirees.

https://www.kiplinger.com/tool/retir...rees/index.php

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