---, while Deal's are much > higher. Could this be related to the tax rates & the true costs of > ownership in these towns?
I've always used this argument with people - know the tax rates. Look at what you are paying in taxes - a better investment may be where your monthly payment is going to your actual house - vs paying taxes. Taking JJ's example - a $1m house in Deal vs a $1m house in AP (the funny part is, there now exists $1m houses in AP and none in Deal....). Your taxes in Deal are minimal - if you were close to getting bank approval for a loan - given the same sales price, you'd more likely get approved in DEAL, because you'd be able to afford the taxes as part of your overall costs. And, the bank would probably discount the AP house to cover themselves.... YOu want a deal? I have a listing for a 6 bedroom,1 full and 1/2 bath in Lake Como for $529k. Rents for $18k in the summer. Couple blocks to beach. Time to flip over Dan. BARGAIN compared to ANY house in AP. Call. ------------------------ Yahoo! Groups Sponsor --------------------~--> Home is just a click away. Make Yahoo! your home page now. http://us.click.yahoo.com/DHchtC/3FxNAA/yQLSAA/Y2tolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/