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Old 01-18-2007, 02:22 PM
 
3 posts, read 12,721 times
Reputation: 14

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Ok, we have lived in Sarasota for 5 years renting a home at 1300 a month becuase we could not afford to buy, we only make 73,000 a year!!!!!!!!!!!
Now we are coming into some money and cant decide if we should invest in a falling over infalted market or pick up stakes and move to GA,NC,SC or back home to upstate NY land of high taxes and no jobs! Someone please give me some advise. We are have kids a 7th and 5th grader and need to make a decision by the end of the current school year since our lease is up the end of May.
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Old 01-18-2007, 03:25 PM
 
Location: Florida
4,835 posts, read 13,019,888 times
Reputation: 2198
Wait for the hurricane predictions that come out in March/April...see if that jacks up wind/flood & then make your decision......
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Old 01-18-2007, 04:12 PM
 
15,971 posts, read 33,785,440 times
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Don't know how much $$$ you are coming into, but will you want to purchase in that overinflated market? And hurricanes are very real here - we have to worry each and every year. Sarasota has gotten by with no damage for a long time, but I lived there for 17 years, and saw MASSIVE flooding and destruction from a couple of seemingly non-significant "no-name" storms that struck without warning. And I am talking flooding all the way at least 5 miles or more to the east. Now there is even more building than there was years ago when this happened and less places for the water to go.

I would make a list of pros and cons and ask yourself if you can bear the cost of a property including taxes and ins. which are higher in Sarasota than other counties, also do research into some of the other states you mentioned. You can get quite a bang for your buck elsewhere, and a nice lifestyle to boot. Just depends on your priorities.

Good luck!
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Old 01-18-2007, 07:40 PM
 
5 posts, read 65,090 times
Reputation: 18
Sarasota is expensive but just minutes from there is Bradenton. Many great communities.
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Old 01-19-2007, 01:51 PM
 
Location: Sarasota, Florida
80 posts, read 319,285 times
Reputation: 37
Two words.........North Port
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Old 01-19-2007, 01:58 PM
 
Location: Sarasota, Florida
251 posts, read 996,274 times
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North Port is growing and even though the schools look like prisons, I've heard they are pretty good learning environments.

Over the next five years I can see the commerical and entertainment businesses increasing greatly, making it a funner place to live. Right now it is just too slow and boring, and a little too redneckish for me to move down there, even though I have family there.
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Old 01-19-2007, 02:05 PM
 
Location: Sarasota, Florida
80 posts, read 319,285 times
Reputation: 37
Quote:
Originally Posted by Chimpie View Post
Right now it is just too slow and boring, and a little too redneckish for me to move down there, even though I have family there.
What??????????

Let's see beaches, boating, bike riding, jogging, horse back riding, fishing, etc. all year round. Yup, it does not sound like the perfect area to me
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Old 01-19-2007, 02:30 PM
 
Location: Sarasota, Florida
251 posts, read 996,274 times
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Beaches in North Port? Okay, granted I only lived down there for a little over two years, but I don't recall any beaches there.
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Old 01-20-2007, 08:34 PM
 
3 posts, read 12,721 times
Reputation: 14
Quote:
Originally Posted by jdber94 View Post
Two words.........North Port


See I have family in NP, some are even Police officers and I am under the impression the school are over crowed in Middle and High??
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Old 01-20-2007, 09:12 PM
 
Location: Living in Paradise
5,702 posts, read 22,855,160 times
Reputation: 3048
Quote:
Originally Posted by Ladywithafan View Post
Wait for the hurricane predictions that come out in March/April...see if that jacks up wind/flood & then make your decision......
Ladywithafan,

What USA Today posted for 2007 Atlantic hurricane season:

should have above-average activity, with three major hurricanes and a good chance at least one of them will make landfall. This was posted on 12/06/06.

They also predicted 14 named storms and a total of seven hurricanes next year and was also noted a 64% chance of one of the major hurricanes — with sustained winds of 111 mph or greater.


Let’s hope for the best in 2007
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