price cut

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  #1  
Old 11-09-2007, 10:51 PM
kerry kerry is offline
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Default price cut

help? i an thinking of buying a villa . the price is low for a new one.

if i rent it out. will i make out all right? please help
  #2  
Old 11-09-2007, 11:11 PM
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Default Re: price cut

Kerry,

What guarantee do you have it will rent?? There is a Patio Villa next door to me that has been empty for months..

It always has a sign for rent and no one rents it..I have had my house for 3 years and this Villa has only been rented two times..
:dontknow:

Best of luck to you!
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  #3  
Old 11-09-2007, 11:23 PM
dobronte dobronte is offline
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Default Re: price cut

What is the bond on a new villa as I KNOW they dropped the price but the bond could be of a question to me ??? ???
  #4  
Old 11-10-2007, 12:21 AM
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Default Re: price cut

Furnish a patio villa nicely and offer a nice golf cart and you can expect to get a rental return of approx. 7-8K. This return will allow you to break even or if your lucky to rent it more often, maybe a bit of profit if you don't include taxes and the mortgage, if you have one. Its going to take a few yrs to recoup your initial expenses, however in the meantime, you have a nice place to vacation when the renters have gone home
My thoughts are to buy now this market will improve sooner of later and sell when it does or move up to something larger.
Handie :joke:
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Old 11-10-2007, 12:30 AM
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Default Re: price cut

I would love to buy a bigger house, too bad we don't know how the market will go.. :dontknow:
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  #6  
Old 11-10-2007, 12:35 AM
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Default Re: price cut

:
Go for it Donna, being such a nice guy that I am I'll buy it from you @10 cents on the dollar if you default. Such a deal just for you :#1:
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Handie :joke:
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  #7  
Old 11-10-2007, 01:18 AM
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Default Re: price cut

The bond should be 10-11K on a new villa.
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  #8  
Old 11-10-2007, 03:49 PM
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Default Re: price cut

Quote:
Originally Posted by Donna
I would love to buy a bigger house, too bad we don't know how the market will go.. :dontknow:
Boy have I got a deal for you in Central OH. :bigthumbsup: 8) :#1: Residential hood!

Anxiously awaiting your $oney.

F16
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