Wednesday, April 9, 2008
Houston...WAGONS EAST!
Its pretty much official, other than Belinda signing the paperwork, that she reports in Houston June 1st. The great thing is there will be a moving package involved.
As for the house, it was on the market 3 days when we bought it back in Sept less than a year ago. We have made some major improvements with numerous 'details' around the house that haven't been finished. The walls in the kitchen, living room, and hallway need to be textured and painted along with the installing the baseboards that we removed to finish the floors.
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5 comments:
How's the housing market down there?
It's definitely a buyer's world up here at the moment.
Its a seller's market here in Seminole. Houston isn't too terrible. Last I heard (last spring) they had VERY high rate for foreclosures.
Fantastico!
Definitely stay away from the foreclosures unless you can afford to buy 10+ at a time and distribute the P&L across all of them.
Of 10 foreclosures, 7 are "average" for their price, 2 are great deals, and 1 is an absolute disaster. The spread between 20% and 10% isn't worth the risk.
Spend your money on a house where you can guarantee the investment (i.e., one you can actually inspect before you buy).
Hopefully you dont take a hit on your house in Seminole. Sounds like you guys are doing REALLY well.
Worst case scenario we brake even, and that includes the remodeling.
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