VeeshanVault

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 1788349972


And he's only asking 200% more then the sale price, what a nice guy!

That place is SOO haunted..

We should buy it together Gordiken, and make kids there !

Long as I'm the husband, you're on!

Hmmm. The current owners are a lawyer and the local County Commissioner...you smell a rat yet? They purchased this home for $45k...HALF of the appraised value...that smell is getting stronger, ain't it?
In todays real estate world NOTHING sells for half of appraisal. Methinks something is rotten in Warren, MI.

Me thinks its being sold not for it's quality living conditions or structual beauty, but maybe cause Eminem grew up there and a crazed fan is purchasing it.

Sometimes when I am bored at work, I will surf ebay for homes. It makes me sick to see what is out ther for $250,000. That doesnt get you jack in CA

Sounds to me like these guys know how to make a buck, personally.

Anyone that willingly buys a home in Warren deserves to live there.

Yup they know how to make a buck, for sure. Ebaying this house was the best way to get top dollar. But I still think that buying any home for half of appraisal just seems wrong, somehow...particularly when the county commissioner is involved. I can't imagine a seller agreeing to that kind of price, %-wise. Maybe there's more to this story though. Maybe there was a large cash payment under the table...who knows? I just wish I could find a home for half of appraisal hehe.
Funny how dramatically different regional markets are. My moms house in Mississippi (very poor market) was a 3 bed/1 bath about 1700 sq ft and sold 3 years ago for $30k. The same house here in FL would have brought twice that or more, and in CA would have been even more.

Kylere wrote:Anyone that willingly buys a home in Warren deserves to live there.

fuck that trivial loot code stuff, no loot farming

Our 3/2 ~2000 sqft house on a 1 acre lot in Pensacola FL was worth ~50k and was 10 miles from the beach. Same house/lot/proximity to water in the Tampa area would cost you anywhere from 60-200k, depending on trendiness of the area.

No real rhyme or reason to the prices. Property in crowded areas with miserable traffic and much higher insurance, taxes and crime draw much higher prices.

yeah just think aabi, convert that 3/2 2000 sq ft to an apartment on the upper east side of Manhatten and its gotta be worth $10 million

3/2 2ksq ft ,, Hnn you lookin at MIN $450k out here in the HELL we call Cali. and traffic OMG , if any of you at FF would have tried to drive Outside the city you would have seen teh real shit we Bay Area peeps deal with daily. 10 miles (during rush hours 7-9am 3-7pm) = Min 30 mins

Phugg_Innay wrote:3/2 2ksq ft ,, Hnn you lookin at MIN $450k out here in the HELL we call Cali. and traffic OMG , if any of you at FF would have tried to drive Outside the city you would have seen teh real shit we Bay Area peeps deal with daily. 10 miles (during rush hours 7-9am 3-7pm) = Min 30 mins

Fricken Bay area people are moving out here to Sacramento driving out house prices up and fookin teh hell outa our traffic!!

Cid I would be one of them if they could only PAY me what they pay me out here I love Sac all the rivers toski in and goof off , plus you guys only have about an hour to the best Snow skiing in the World, 2 if ya go all the way to the lake. Cid try to get from 580/680 corridor anytime during the rush hours , you'll see traffic. WSo Cal aint got shit on the traffic up here `wheep~

We lived on Alameda when I was doing my pennance in the SF bay area a while back. It was a bit pricey

My old boss has a 25 acre mini-farm in Palo Alto, he paid next to nothing (comparatively) for it 25 years ago. I doubt I could afford the taxes on it. He was one of the founders of SGI, really neat guy.

I lived and worked in Alameda, we didn't leave the island on weekdays if we could avoid it.

880 was nuts, but I felt safer there than I do on I275 or I4. Bay area people seemed to have much better manners in traffic than those in the south.

cid let me get this straight...you are complaining about your property value increasing?

that is bad how?

Taxes are the only bad I can think of, other then that, wtf would you be upset about your property value increasing? Beats the alternative!

Voronwë wrote:that is bad how?

Probably a situation similar to mine, we live in BFE and I like it that way.

Developers are bulldozing orange groves and putting in yuppie villages up the road from me. Property values are going way up for older houses with 1/2+ acre yards, but traffic is getting worse.

If I can pee on the neighbors house from the edge of my yard, they're too close

*Edit - And deed restrictions are evil.

The reason it is a bad thing is, two years ago I wanted to buy a new home. What would have cost me 250,000 went up to 310,000. Where as my home has not gone up in value, due to it being an older home.

All the new homes are going up, the people in the bay area sell their homes for 400,000 then they move to Sacramento and buy brand new homes, thus making the new home market rise. Then they commute from Sacramento to the bay area fooking our traffic.

Here is an example ---> http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 1788024277

With the upgrades I want this would run 350,000. Two years ago I could have bought the same home for 275,000 ish.

But due to the influx of Bay area commuters the new home prices in this area have gone thru the roof..

New houses are cheaper here, partially because the county penalizes for lot sizes over 1/4 acre. There's a glut on the market too, builders ramped up when the economy was booming and it's kind of stagnant now.

All the new(er) developements list lot sizes by sqft, no thanks. I like being able to store my boat 150ft behind the house.

we have a similar problem in the condo market in the part of Atlanta I live in. They are building condos everywhere, and it is really a buyer's market. which is part of the reason my appraisal on my refinance was the same as the purchase price after 2 years, which is annoying.

cidvicious wrote:
But due to the influx of Bay area commuters the new home prices in this area have gone thru the roof..

That's basically the direction the entire state of New Jersey has taken for the last 25 years

I hate traffic and overcrowded conditions too. And I also /mourn the orange groves around here since they're almost all gone in the Orlando area. BUT...our house was appraised last week for $53k more than we paid for it just 2 years ago. Hmmm I just can't see how that's bad.
Call me crazy but I'll take the soaring home value and drive on new roads with all the other peeps hehe.

Icknay

Bump, up to 11 million now...........what in gods name is wrong with people.

Why would anyone pay $11 million for that house?

It's not that nice and Eminem will be forgotten in 10 years...