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View Full Version : I am happy but i am sad and depressed too.


oumartin
8/5/2006, 12:01 PM
I bought a house in january for 132,000 bucks. pretty good buy i thought.
well I accepted an offer last night after six months here of 155,000.
I just went and witnessed an auction for a house of my size that had never been touched since it was built. Good solid brick home in a great neighborhood(better than mine). but totally needed redone inside..
It auctioned off at 187,000 bucks.
so, I went from being all giddy inside for making some change on my house to thinking i just gave that guy a great deal..

anyhow..
Rusher
8/5/2006, 12:05 PM
23 grand return of a house that's owned for 6 months is really impressive, dude
12
8/5/2006, 12:53 PM
In Woodward? Dayamn!
Widescreen
8/5/2006, 12:56 PM
Dude, that's a 34% annual return. You scored big time.
oumartin
8/5/2006, 01:00 PM
yeah i know and the property values in this town are freakin' unreal right now due to the boom..
I guess I should be really happy and move on..
12
8/5/2006, 01:09 PM
Yes. Good idea.
jkm, the stolen pifwafwi
8/5/2006, 01:32 PM
yeah i know and the property values in this town are freakin' unreal right now due to the boom..
I guess I should be really happy and move on..

especially when uncle sam takes his cut...
oumartin
8/5/2006, 01:35 PM
IRS will never find me
Widescreen
8/5/2006, 03:53 PM
Uncle Sam won't get a cut if martin buys a new house with the proceeds.
StoopTroup
8/5/2006, 05:21 PM
IRSwned.
OUDoc
8/5/2006, 07:32 PM
I'll give you three-fiddy for it.
soonerboomer93
8/5/2006, 08:01 PM
I'll give you 4 boxes of waffles for it
OUDoc
8/5/2006, 09:01 PM
I'll give you 4 boxes of waffles for it
Homestyle Eggos?
OUinFLA
8/5/2006, 09:14 PM
bulls and bears make money
pigs get slaughtered
TheHumanAlphabet
8/6/2006, 06:30 AM
auctions typocally overprice a house or anything...People get caught up in the frenzy and over pay, that's why there are auctions.

I bet you got a more realistic value and the guy that paid 187,000 way overpaid and may never see that returned...
BajaOklahoma
8/6/2006, 06:33 AM
Geez, read between the lines. Martin is sad because his wife will soon be joining him.
oumartin
8/6/2006, 07:56 AM
oh now that was funny Baja!
soonerloyal
8/6/2006, 08:59 AM
Little tiny shacks here in Podunk, southwest of Orlando, are going for $200,000+. Absolutely ridiculous. What I wouldn't give to see a REAL house, like back home...a BRICK one. All this cinderblock and sherbet stucco really SUCKS.