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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Thu, 03 Nov 2005 07:17:11 -0600
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Advise on buying a condo
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Text of the message: |
In article <11milkr65hrdl8b@news.supernews.com>, "David" <david5019@yahoo.com> wrote: > I live in Northern Virginia where real estate prices have doubled in the > past five years. > I feel like a fool for renting during those years. So, you feel like a fool for getting a great deal on rent while everyone else is mortgaged up head over heels with a 1st and 2nd and 8 consecutive interest rate increases from the fed? Get real--renting is a fantastic deal right now given that so many landlords are losing money on the deal every month. > Is it a good time to buy a condo now? > > There are a lot of new condos under construction > around here, also I believe prices may have peaked earlier this year and > may fall. So, prices have peaked, which means that you get ripped off when you buy, and they might be headed down, which means that you will lose your a** on the deal. How can that be a good time to buy? |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.