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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: Sat, 06 Aug 2005 11:48:31 -0600
/ Author of the message: Randy Day |
Title of the message: |
Re: A buyer's hunt
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Text of the message: |
James Of Tucson wrote: > Heard about a property in a highly desirable location (personal > preference) and got the offer written up before it was listed. > > I paid top dollar, about 5% over asking price, because I knew from hard > experience that if I waited a single day, someone else would have done > the same. > I got real tired of getting outbid. I know I paid top dollar in an > inflated market at the peak of some curve, but the beneficial impacts > to my stress level might outweigh the extra few bucks on the payment. > > Here's something: I'm betting on 1% annual depreciation a pessimistic > model, representing the worst case that still keeps my equity position > ahead of renting. > > I know I'm being a chump, but, I don't have the opportunity to buy some [snip] Doesn't seem very chump-like to me; especially if you're planning to be there for a number of years. Unlike most of the people around here, |
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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.