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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Thu, 03 Feb 2005 05:36:40 GMT
/ Author of the message: "Tyrone" |
Title of the message: |
Re: First time homebuyer
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Text of the message: |
"Oradba Linux" <techiey2k3@comcast.net> wrote in message news:7bCdnScSxPZg6JzfRVn-tA@comcast.com... > > "Ron Peterson" <ron@shell.core.com> wrote in message > news:1107353796.732603.312230@g14g2000cwa.googlegroups.com... > > > > Oradba Linux wrote: > > > First time home buyer seeking advice. Is it better to study the local > > real > > > estate market and buy when the prices are not in a bubble > > > or is it a loser's game to time/study the market especially i am > > renting > > > right now > > > > Compare the cost of owning with the cost of renting. The 1% rule is a > > good rough guide -- if a $200,000 house rents for substantially less > > than $2,000 per month, don't buy it. > > > > -- > > Ron > > > > I dont understand this. > > Are you saying if in the area that i am looking for houses the rent must be > atleast 1% of the > home value. The area i live in right now has townhouses ( 3br) selling |
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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.