??? 03/23/06 23:36 Read: times |
#112907 - It looks "too good to be true" Responding to: ???'s previous message |
Allowing for the obvious fact that they're not going to point right at the flaws, I initially didn't want to mention that the price is too low. There's got to be something wrong.
As Grang Beattie said, the house is priced at $215k in CA, where the median home price is "probably" $500K. That shouldn't be hard to figure out. However, I'm not sure about that median housing cost. From what I've seen, it must be much higher. I once had a very tempting offer in the south Bay area. I looked and looked for a suitable house, and couldn't find even a "decent" two-bedroom house, and I need to have a free-standing house, not a condo, for under 2E6 that has anything near the 2500 square feet I have now, and it's just a small ranch-style. Out in CA, the "Joneses" as in "keeping-up-with," like to measure their indoor area in acres (acre = 43560 sf) and they really like looking down their long noses at those with only a 6000 sf house. Here, in the Colorado front-range, the median house sells for somewhat under $280K, and we haven't had a destructive landslide or earthuake in the 50+ years I've been here. My all-brick ranch-style is assessed at under 200K for tax purposes. We do have our occasional serious snowstorm, but not every year, and we do have a tornado from time to time, but not more than once or twice a decade for the entire front-range and they're not like the ones in states farther east or south. The only hazzard mentioned by the insurance people is hail, which we seem to have at least once a year, and it's hard on cars and greenhouses. RE |