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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 13 Sep 2005 12:35:30 -0700
/ Author of the message: dufffman@gmail.com |
Title of the message: |
a good time to buy a house?
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Text of the message: |
Hi, I live in Queens, NY just started a job and thinking of investing in a house over the next few months. The house prices around my area have sky-rocketed. It's really actually obnoxious how much people are demanding for houses. Now, I don't wish to spend all my money in taxes and some tax breaks would be much welcome. But is it really worth buying a 4 bedroom small house for 500K in today's market? As far as the market is concerned, I am quite agnostic to it as I don't plan on selling it in one year. So, even if the prices go high, its not going to help me much, as if I sell it and buy another house, even that house will be more expensive and vice-versa in terms of the prices going down. I guess in my mind I do know the answer, but shelling out so much money for a house seems preposterous to me. So if you guys were getting a 42% tax on your income and could afford a decent downpayment on a |
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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.