[dewilson58]

Originally Posted by bowlingal

Ask yourself why is this house for sale after less than 1 year? Something is VERY wrong

Death, Illness, changed their mind, found a better house, bad neighbor(s), too much dog poop, etc.

[Kgcetm]

Perhaps you should have bought Amazon! If you were looking to make money. That said, the newer homes come with small lots, cracks, noise and other conditions that will limit their value over time. Don’t worry. Be happy.

[DotComMom]

Originally Posted by Bilyclub

A $42,000 bond. Do they have to also pay Wildwood taxes?

Yes

[DAVES]

A home as an investment? I'm no expert but, based on reading stock market returns on average are higher. We all know, stock market real estate only go up. No one tells you
except when they don't.
Real estate can be profitable due to tax incentives and the fact that it is highly leveraged.
If, you buy a place for 300,000 and put 10% down, you have 30,000 into it. If, it goes up 10%
it is not up 10% of 30,000 or 3,000. It is up 10% of 300,000 or 30,000. Leverage also works in reverse. Remember the real estate bubble? Subprime mortgages etc?

[CFrance]

Originally Posted by joelfmi

You hit the nail on the head.

Who did?


Puleeeeeeeeeeeeeze quote the thread you are responding to. Even the Admin requested that.

[Lakeside5012]

It is a shame to add this cloud to the seller's opportunity to sell the house. Would any of us want someone pointing out the flaws in our property publicly if we hoped to sell our home. All homes have upsides and downsides and it is ultimately the buyers decision to consider these things. I don't think the original post had ill intentions. This thread should be taken down on the seller's behalf.

[Spalumbos62]

[QUOTE=CWGUY;1894772]

Originally Posted by Pairadocs

On 11/23/20 the annual tax bill for that property was paid. The bill was $104.89 and the owner paid $100.69

Nosey..are we?

[Boomer]

Originally Posted by Lakeside5012

It is a shame to add this cloud to the seller's opportunity to sell the house. Would any of us want someone pointing out the flaws in our property publicly if we hoped to sell our home. All homes have upsides and downsides and it is ultimately the buyers decision to consider these things. I don't think the original post had ill intentions. This thread should be taken down on the seller's behalf.

I agree with you completely.

I posted a couple of times early in this thread to make the point that there are times when it is advantageous to sellers to factor in capital gains tax consequences when pricing a house. Sometimes a wash is better financially for a seller. A smart seller considers every aspect of a sale, including the time is money philosophy.

BUT THEN, the thread continued to include an absolutely cringeworthy post from someone reporting to have actually made it a point to drive past the house and then returned to TOTV to rip on the house. (shudder) That creeped me out and made me regret taking part in the thread — even though it was just my general commenting about some sellers being tax-smart.

THEN came all sorts of rude, baseless, downright tacky speculation on the personal lives of an unknown homeowner just trying to sell a house that they do not want or need anymore for reasons that are none of anyone else’s business.

This kind of thing has happened before on TOTV. It is rude and downright disgusting sometimes.

Btw, the house in the pictures looks lovely and is beautifully decorated by someone with exquisite taste.

Thank you, Lakeside 5012, for posting what I have been wanting to post this morning.

Boomer

[twoplanekid]

Originally Posted by Lakeside5012

It is a shame to add this cloud to the seller's opportunity to sell the house. Would any of us want someone pointing out the flaws in our property publicly if we hoped to sell our home. All homes have upsides and downsides and it is ultimately the buyers decision to consider these things. I don't think the original post had ill intentions. This thread should be taken down on the seller's behalf.

I did not! As I look at houses almost every day for the fun of it, this house stood out in that the spread between purchase and selling price with the improvements seemed to be a good value for the buyer. It's amazing how much house data is accessible for free looking at public records. If I were looking at a house, I would look at this one and make up my own mind as to if it would be a good deal for me to purchase it.

tax data -> Sumter County Property Appraiser

District billing -> https://bsaonline.com/Ub_OnlinePayme...ecordKeyType=8

[vintageogauge]

Originally Posted by Kgcetm

Perhaps you should have bought Amazon! If you were looking to make money. That said, the newer homes come with small lots, cracks, noise and other conditions that will limit their value over time. Don’t worry. Be happy.

Where are you getting you information. There are more homes south of 44 with 4 car garages on large lots than in any of the other villages, we have no cracks, no more noise than anywhere else in the villages and there are no other conditions that would limit the value, just the opposite exists down here. There are dozens of re-sale homes south of 44 in the $600,000+ range that are selling almost as quickly as they are listed.

[retiredguy123]

Originally Posted by Boomer

I agree with you completely.

I posted a couple of times early in this thread to make the point that there are times when it is advantageous to sellers to factor in capital gains tax consequences when pricing a house. Sometimes a wash is better financially for a seller. A smart seller considers every aspect of a sale, including the time is money philosophy.

BUT THEN, the thread continued to include an absolutely cringeworthy post from someone reporting to have actually made it a point to drive past the house and then returned to TOTV to rip on the house. (shudder) That creeped me out and made me regret taking part in the thread — even though it was just my general commenting about some sellers being tax-smart.

THEN came all sorts of rude, baseless, downright tacky speculation on the personal lives of an unknown homeowner just trying to sell a house that they do not want or need anymore for reasons that are none of anyone else’s business.

This kind of thing has happened before on TOTV. It is rude and downright disgusting sometimes.

Btw, the house in the pictures looks lovely and is beautifully decorated by someone with exquisite taste.

Thank you, Lakeside 5012, for posting what I have been wanting to post this morning.

Boomer

I agree. I'm sorry that my post was cringeworthy. It was not worded properly. I was trying to point out that the traffic noise may be an issue for some buyers, which is something that has been discussed many times on this site.

[jmcica@aol.com]

Originally Posted by Lakeside5012

It is a shame to add this cloud to the seller's opportunity to sell the house. Would any of us want someone pointing out the flaws in our property publicly if we hoped to sell our home. All homes have upsides and downsides and it is ultimately the buyers decision to consider these things. I don't think the original post had ill intentions. This thread should be taken down on the seller's behalf.

I agree- terrible. We are looking to buy but hate the homes with kissing lanai???! I wouldn’t start a
Post about that. I keep it to myself. How many of you have those types of homes.
This was not in good taste.

[eddie888]

I do believe the best houses to purchase are the ones between 44 and 466 a. Those are the ones that are raising in value fast.

[twoplanekid]

As the creator of this thread, my desire was to highlight this particular house that I thought might be a good deal for purchase because of the low delta between purchase and enhancements vs. selling price. Everyone has their likes and dislikes about any house. And, they are free on this forum to express them if they so choose. . We live in a free society where we can express our thoughts. However, I might suggest that everyone should be careful and kind when expressing judgments.

[vintageogauge]

Originally Posted by eddie888

I do believe the best houses to purchase are the ones between 44 and 466 a. Those are the ones that are raising in value fast.

Why would you say that, there are a multitude of homes north of 466A that are priced the same as an equal home south of 466A and they cost less when they were purchased, same holds true for south of 44 and even more so in a much shorter period of time. Almost all of the villages have had substantial price appreciation over the last couple years.