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Go Back   Hummer Forums by Elcova > ETC. Forums > General Off Topic

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  #1  
Old 06-22-2006, 07:22 PM
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Default Re: 10 tips for buying a home

I guess I failed on most of the items, except, I like where I live and it is in a great neighborhoos with excellent schools.
been in the new house for 2 months at 6X my salary and still making it work
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  #2  
Old 06-22-2006, 07:38 PM
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Default Re: 10 tips for buying a home

Following the 2.5 x's you salary seems far fetched. I am not sure (unless you are making 250k a year) that you could afford much house going by this rule of thumb. The others make sense. Just this one seems impossible.
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Old 06-22-2006, 07:43 PM
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Default Re: 10 tips for buying a home

Speaking of how many times your salary, thought this was interesting from last week.

How prices in 317 metro areas stack up
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  #4  
Old 06-22-2006, 07:51 PM
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Default Re: 10 tips for buying a home

Thanks alot, Newbie....
Quote:
Virginia Beach-Norfolk, VA-NC
$220,000
27.5%
That sucks.
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Old 06-22-2006, 08:27 PM
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Default Re: 10 tips for buying a home

Quote:
Originally Posted by KenP
Thanks alot, Newbie....
That sucks.

Sorry, but we aren't any better off down here. What really sucks is the average FL house is really small too


Orlando, FL
$208,500

40.2%
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Old 06-22-2006, 08:31 PM
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Default Re: 10 tips for buying a home

I'm just glad I'm not moving South

Naples, FL
$383,000
102.6%
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Old 06-22-2006, 08:34 PM
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Cool Re: 10 tips for buying a home

Quote:
Originally Posted by HummerNewbie
Sorry, but we aren't any better off down here. What really sucks is the average FL house is really small too



Orlando, FL
$208,500



40.2%


Trailer in a trailer park go for double that around here
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Old 06-22-2006, 08:50 PM
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Default Re: 10 tips for buying a home

I can live anywhere I want.
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  #9  
Old 06-22-2006, 09:07 PM
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Default Re: 10 tips for buying a home

Quote:
Originally Posted by Orbital H2
Trailer in a trailer park go for double that around here

Whatever

Anyway, not talking about the $208K average, which is low for this area of town by a loooong shot, talking about the 40.2%.

Not sure about all the figures but I know the $208K was the Orlando average 9-12 months ago and was closer to $250K this spring. As far as I have seen, prices are not coming down so all of the figures on the list could be old.
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  #10  
Old 06-23-2006, 08:43 AM
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Default Re: 10 tips for buying a home

Quote:
Originally Posted by HummerNewbie

in my locale, you could buy just short of a palace for the monthly cost of the H2

i guess there are pros and cons to locations of every kind. where you're paying +41%, you probably have a peachy selection of restaurants, this's, that's, and scenic places to scratch your truck.

where truck > big house, you probably have a spanking selection of chain restaurants and 1-6 hour drives to interesting truck-scratching salons
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Old 06-23-2006, 09:57 AM
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Default Re: 10 tips for buying a home

Quote:
Originally Posted by 31_bandits
in my locale, you could buy just short of a palace for the monthly cost of the H2
So what is your locale???
I'm ready to buy me a palace!!!
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Old 06-23-2006, 02:18 PM
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Default Re: 10 tips for buying a home

Quote:
Originally Posted by RIC-H0
So what is your locale???
I'm ready to buy me a palace!!!

X2
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