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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Fri, 18 Mar 2005 06:35:42 -0600
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Ocean City, New Jersey Real-estate
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Text of the message: |
In article <1111110173.186245.26380@z14g2000cwz.googlegroups.com>, "Mr ED" <emharbold@aol.com> wrote: > I have some friends that purchased a new condo three years ago and > their property value has more than doubled. > I'm looking for some more advice on why I should or should not make > this investment? So, are you still going to be interested in making the payments on a $400K mortgage after the bottom falls out of the real estate boom, and the place is no longer worth more than $140K on the open market? Can you actually afford payments on $400K? What you are buying is a huge white elephant. Like all elephants, they eat and shit. You have to be willing to feed this elephant, clean up after it, and pay for it even after the thrill of owning an elephant wear out, even after you realize that elephants smell, and even after the elephant loses half of its value overnight. -john- -- |
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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.
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.