Comments on: How drunk do you have to be to buy a Miami condo?

By: manfre

manfre — Tue, 29 Apr 2008 02:56:59 +0000

tc, is the 6% loss include the RE commissions too? Just curious since I will be looking soon in SA housing market.

By: speedynogales

speedynogales — Mon, 28 Apr 2008 20:21:09 +0000

I’d have to be next to losing consciousness before I’d buy a condo in my ham eee!

By: Yossarian

Yossarian — Mon, 28 Apr 2008 03:50:28 +0000

This was happening in San Diego two years ago, too. I think it was either on Ben’s Housing blog, or on Keith’s. They also hired male and female models to lounge around half-dressed in the adjacent condos, which had the windows open.

Beyond whether or not it worked (it did), you have to wonder what those homedebtors were thinking. The line from ‘Dog Day Afternoon’ keeps rolling in my mind. Al Pacino asks for a kiss, and when asked why, replies, “I like to be kissed before getting….”

Oh, you finish the quote.

By: toysarefun

toysarefun — Sun, 27 Apr 2008 21:54:51 +0000

Hey, if the party is a tax write-off, then what the heck.

By: Tobby

Tobby — Sun, 27 Apr 2008 17:02:17 +0000

tc, I am not sure about your specific county, but most assessed values are based upon an average of LAST years sales. They are usually only updated yearly. So assessed values could be 15% or so too high. Of course no one complains when assessed values are much lower than the heated R/E market values of a few years ago.

By: tc

tc — Sun, 27 Apr 2008 13:42:57 +0000

I only lost 6% on the house, not 9%. Sorry, too much coffee makes my fingers too shaky for the keypad.

By: tc

tc — Sun, 27 Apr 2008 13:38:43 +0000

There’s a lot of drinking going on in R/E circles. I just got my Bexar County Appraisal District notice for next year. They have raised my property values 7%, on top of the 13% they got me for last year (which prompted me to put my house up for sale). Someone is still drinking Kool Ade and Everclear.

I sent them a notice that the house is under contract for slightly less than they had me appraised at two eyars ago (which is 4% more than I originally paid in 2004 but 9% less than I’ve put into it).

I’m thinking about printing up flyers to hand out in those crowded, angry hallways for the informal hearings next month. I’d really like to tell San Antonio to go to hell, but I’d say it’s already arrived here.

If my contract doesn’t fall thru, I’ll see you at Whole Paycheck, I mean Whole Foods, Twist.