---, 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
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:
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.
Always
--- Belmar. More action then you can handle. Guys, girls and people. It
will keep you young. You think Belmar doesn't have fun meetings?
For 529k, your wife and kids could could walk a few minutes to the
beach and only get harrassed by a couple drunkin kids and those numbers
are dwindling.
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:
--- Belmar. More action then you can handle. Guys, girls and people.
It
will keep you young. You think Belmar doesn't have fun meetings?
For 529k, your wife and kids could could walk a few minutes to the
beach and only
The way I understand the PILOT agreement, the tax assessment changes
with every resale. For example, if an original owner buys at $400k and
sells 3 years later for $500k, the new assessment is based on the
$500k figure.
This works in reverse as well, and in a declining condo market, you
could
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:
It's this line that's important:
The problem there is speculation, with 25 percent of new home
sales
going to out-of-state investors.
From my very,very rough analysis, I still think about 70% of
properties
in AP are
The problem is for many, when that quick buck comes quick, they don't
know when to take it, thinking there are many more, then wait and sell
low. Called Greed.
And when you say maybe there for the long termwill it be
that irresistible price or to move-up
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:
The problem is for many, when that quick buck comes quick, they
don't
know when to take it, thinking there are many more, then wait and
sell
low. Called Greed.
And when you say maybe there for the long termwill it
--- as they say, you don't profit til you sell. (unless you use the
equity and go wild)
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--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:
--- as they say, you don't profit til you sell. (unless you use the
equity and go wild)
As my father is doing now, reverse equity mortgages - leave the kids
nothing.
Yahoo! Groups Sponsor
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:
--- as they say, you don't profit til you sell. (unless you use the
equity and go wild)
As my father wants to do now, reverse mortgage - leave the kids
nothing. Say it all comes to fruition in 10 years, what will a 4,500
Asbury Park tax rate (equalized): 1.674%
Spring Lake tax rate (equalized): 0.607%
Don't forget that it costs nearly 3X more for the privilege of owning
that same Victorian in Asbury Park.
Now consider the fact that the waterfront abatement is tied to actual
sales prices in the secondary
Sure, they're buying them...but what happens once they own them
http://www.dailynews.com/business/ci_3853808
State's foreclosure activity is rising
Higher payments on risky adjustable-rate loans cited as factor
BY GREGORY J. WILCOX, Staff Writer
Foreclosure activity in California and
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