Ryan&Amber2013
Puritan Board Senior
So our best friends just bought a house, and it just so happens that the house across the street from them is going up for sale. We ended up talking to the realtor, and gave them a low offering price, and they actually countered close to it. They are willing to let it go for $160,000 instead of the $150,000 we originally offered. They could probably get at least $175,000 realistically. So, the question is, should we pursue it? Here are some pros and cons:
Pros:
We would be next to our best friends and our children's best friends.
It is a quiet, nice, and beautiful area.
The house is CBS, tile roof, and newer a/c, all in good condition.
It is right on a dead-end.
It is an all-around convenient location.
If we had to sell we could make a profit if the market stays good.
Cons:
The price is way above what we feel comfortable with. Because I'm the only income making a median salary, we ideally want to stay under $100,000 for a home, so we were planning on waiting for the market to correct itself. We wouldn't really be saving and there would always be that fear of life becoming very difficult financially.
The backyard is about 50 feet from a busy two lane scenic road. On top of that, we wonder if in the future they would want to expand it which means we would have to move. There are no plans for that right now.
(edit): it appears that the taxes will be about 3,000 a year before homestead.
Pros:
We would be next to our best friends and our children's best friends.
It is a quiet, nice, and beautiful area.
The house is CBS, tile roof, and newer a/c, all in good condition.
It is right on a dead-end.
It is an all-around convenient location.
If we had to sell we could make a profit if the market stays good.
Cons:
The price is way above what we feel comfortable with. Because I'm the only income making a median salary, we ideally want to stay under $100,000 for a home, so we were planning on waiting for the market to correct itself. We wouldn't really be saving and there would always be that fear of life becoming very difficult financially.
The backyard is about 50 feet from a busy two lane scenic road. On top of that, we wonder if in the future they would want to expand it which means we would have to move. There are no plans for that right now.
(edit): it appears that the taxes will be about 3,000 a year before homestead.
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