> -----Original Message----- > From: Charlie Griefer [mailto:[EMAIL PROTECTED] > Sent: Tuesday, December 13, 2005 8:29 AM > To: CF-Community > Subject: Re: How much to offer for a house? > > I think it's "so cheap" because of the market in Scranton. Also, it's > not necessarily huge. Listing had it at roughly 2600 sq ft I believe. > I mean...that's big, but not necessarily old victorian mansion kinda > big :)
No - but bigger than we need. ;^) Our current apartment is in the 1100 Sq Ft range. So this place will be very nice (for the first time in my life I won't have half my wife's wardrobe under the bed!) It's on the high end in that area to be sure. The same house would go for upwards of 1.2 million in the Boston Metro area (there simply aren't very many large single family homes). The average price in Scranton seems to be in the 70-80 range. > Jim - are you guys in Scranton yet? If not, is it easy enough to get > to from where you're at? I ask because you might not want to go for > the "dream house" right away (especially without knowing the area No - we're not. My plan is (was?) to find a nice place for 75-85. Accelerating the mortgage would let us pay that off in perhaps 7 years. At that time the equity would let us buy something "permanent" someplace else - after we know the area well, high-schools, etc. This was the plan before she saw this place. I've been out there several times myself (for work), my wife never has been. Most of the people that I work with currently are in Scranton so they're helping me with neighborhoods, schools and the like. The town that this house is in is an older area - older homes and older people. It's a higher end neighborhood (but with pretty low taxes). Very much like the town I grew up in actually. The house is being sold (like most houses in this town) because the current owners (who've owned it for 35 years) are moving to warmer climes. We may still go with my plan (cheaper house paid off quickly) but if the place looks good we may still go with this one. Even tho' it's a "dream house" it's not really going to be hard. Paying no more a month than we do now we can pay the house off with a 15 year mortgage. Financially, at least, if she wants it she can have it. ;^) Jim Davis ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:187580 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
