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Old 08-11-2005, 07:55 PM   #1
chaze
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Damn today my house appraised at $605K, 100k more then last year.

I love Orange County,

I got it for $510,000 and one year later (now) it's at $605,000. That's like a good salery just in profits from house.

Today is a good day
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Old 08-11-2005, 07:56 PM   #2
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sell....
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Old 08-11-2005, 07:57 PM   #3
khs
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nice work, property is where its at
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Old 08-11-2005, 07:58 PM   #4
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fucking awesome!
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Old 08-11-2005, 07:58 PM   #5
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Expect a nice increase in property taxes also
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Old 08-11-2005, 08:11 PM   #6
chaze
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Originally Posted by Alky
sell....
That's what I thinking and moving to Arizona and buying a mansion for the same price.
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Old 08-11-2005, 08:15 PM   #7
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nice man, i know a few people that roll homes.. keep them for a year and upgrade.
Good money in it, need the right area for the max effect like whistler .
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Old 08-11-2005, 08:16 PM   #8
boneprone
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Our house went up $175,000 in the 24 months we've owned it.

Unreal.
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Old 08-11-2005, 08:18 PM   #9
After Shock Media
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umm why would you get it re-appraised unless you intended to sell it soon or at least take out some credit on it?

I love the fact the county still has my house appraised low. I know better of course but I do not want the tax increase.
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Old 08-11-2005, 08:18 PM   #10
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good for you, bud..good news
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Old 08-11-2005, 08:19 PM   #11
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Quote:
Originally Posted by After Shock Media
umm why would you get it re-appraised unless you intended to sell it soon or at least take out some credit on it?

I love the fact the county still has my house appraised low. I know better of course but I do not want the tax increase.
exactly, are you planning on selling the house?
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Old 08-11-2005, 08:22 PM   #12
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I wouldn't want that unless you were going to be selling it soon. Now you just have to pay more in property taxes. The price increase costs you more money unless you turn around and sell the property.
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Old 08-11-2005, 08:23 PM   #13
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my parents house was bought at 300k and after 4 years is worth 600k+
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Old 08-11-2005, 08:36 PM   #14
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this housing bubble is frightening.
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Old 08-11-2005, 08:39 PM   #15
chaze
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exactly, are you planning on selling the house?
I want to combine my first and second, I bought with no money down last year with 80 20 split.

But now I'm thinking about selling, can't get much higher for being a standard four bedroom pool house in my area.

Hmmm

I also like long beach maybe I will sale and bump over to there, somewhere on the beach. I'm in HB right now.
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Old 08-11-2005, 09:04 PM   #16
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My house went up by 130k in the last 10 months

DH
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Old 08-11-2005, 09:05 PM   #17
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Damn, it's still dark ouside here..
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Old 08-11-2005, 09:07 PM   #18
tresisa
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Quote:
Originally Posted by chaze
I love Orange County,

I got it for $510,000 and one year later (now) it's at $605,000. That's like a good salery just in profits from house.

Today is a good day
wow nice
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Old 08-11-2005, 09:10 PM   #19
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Yea in 5 yrs you will not be able to afford the taxes at that rate and have to move.
But don't worry you could always step down and pay some other fool 5 times the price of his smaller house. Is'n it great.
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Old 08-11-2005, 10:10 PM   #20
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nice to hear. that's a lot, man. good for you.
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Old 08-11-2005, 10:11 PM   #21
Realpascal
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Is this spot taken yet ? OK, thanks..
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Old 08-11-2005, 10:16 PM   #22
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nice profit until you need to pay 30% of the profit to the government :\

Our house went from $800k in 1989 to 3.8 million in 2004 when we sold...taxes sucked balls
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