Wifey poo and I have been considering putting our home up for sale for quite a bit so after some haggling we settled on an asking price then added $100K to it just for giggles.

WOW ! Calls and emails from all over the country.

Sold in 4 days cash.

Smith K 38 in my near future ????

I think so !

How much acreage?

Wife and I have thought along the same lines with our 72acre mtn homeplace.

Where you going 284?
Surely not leaving The Hillbilly?

284LUVR: Good for you and your Mrs.
I hope your move is pleasant and easy as possible and your new place makes you as happy as mine has made me.
Wow though, on the circumstances of the sale/price.
Brave new world we are entering.
Hold into the wind
VarmintGuy

67 ac

Cost you a buttload to get back into something else

Curious where you are. I am not surprised though, I know that in the Boise, Idaho area that the similar things are happening.

drover

Dbuck, back to Pa. Health is making it a PIA to maintain the property to a high standard so time to get the hell out of Dodge. Wasn't a quick decision .

Already did that. Old news.

Nice! Good for you guys on taking advantage of the hot market. I fear that Beijing Biden will ruin the economy in short order so we’ll be listing our house this spring.

We bought our house when the housing market was still in the basement and paid $300,000 less than the previous owners did. We searched for the best value we could find at the time and after a year of looking at dozens and dozens of houses we fell in “love” with this place. We were approached by several realtors last year that told us they could get right around a million for it now. Considering we paid just under $400K 7 years ago I am happy with that rate of return…..I only hope that we’re safe until spring. We’re using part of the proceeds to build our forever home and a couple homes for our children on our place up north and start building our new business.

Congratulations again on the sale. Now go get that K38. 👍

West Virginia, Sir.

Jeeze....way to ruin it for all your neighbors that want to stay.



County be raisin taxes like a mofo now!


Hahaha!

Nah Jim Taxes be dirt cheap here and the assessor is an old blind guy

That's the other side of the hot market sword. Almost have to downsize or buy a big boat!

What happens when he bumps into your new shed or your gazebo?

I could sell my cabin and 81 acres for a whole bunch more than I paid for it two years ago.

But I wouldn’t have my cabin and 81 acres.

I need the cabin and 81 acres more now than money. Life is short.

[quote=Jim_Conrad]What happens when he bumps into your new shed or your gazebo?


New shed or gazebo ???

Man dat's fancy chit I got dirt under my nails.

Congratulations to you sir. A dream come true.

I think you're being a bit optimistic thinking this current bubble isn't going to bust sooner than this coming Spring.

I'm taking it day by day, this administration may excellerate the inevitable but it's gonna bust no matter.

I didn't get caught sitting on anything I hadn't intended on keeping in 07 and I won't this time either.

I don't know a single investor that's buying right now.

Sell now and lease a place until you head off to your new home in AK.
Anything else is a risky gamble at this point.

The only one getting boned is the the high bidder on the house if the county goes by purchase price equals assessed value.

"Wifey poo"?

AKA Old battle axe

My boys graduate HS in June. Wife and I have discussed a similar option. List the place high as hell and see how much we can make on it.

Buy a smaller house and land in a midwest state... or Texas

where in pa you moving to?

Aviary will make him shuffle back to the truck quick.

Tweet tweet.

I don't even know where you are but if it is like elsewhere, you should have tacked 200K onto the price.

Lots of people pulling up stakes and buying
at crazy prices right now
I have a goodly stack of mail from little hole in the
wall real estate offices from everywhere I could
imagine with stupid lowball offers to crazy inflated
offers.
But then. . . What do you do for a satisfactory
replacement abode ?

You were from Spring Grove if I remember right.
Since you are from WV now, we can forgive your East of 81 roots.
You would be welcome to this area.
I warn you though, the market is hot here too.
Every city dweller with $$$ is moving or buying a bailout home.

Dbuck, we're moving to Columbia . probably the nicest street in town. All white no groids or PR's.

This is the exact reason I never consider my home an investment. Sure you can sell for a tidy profit but you still need a home so you have to buy into the same market... inflation makes us seem wealthier for awhile.... until it doesn't

Nice, near the river.
I used to haul ceiling tile out of there for Armstrong.
They were no John's Mansville😉!

Hold into suds

He dies.

Taxes triple.

Racialista

Good for you OP sounds like a great plan. .

irfubar,
My brother!


15 years ago it used to blow my mind listening to talk of equity.
Like it meant a dam thing. Was 5 years into a 15 hear mortgage that
followed me like a storm cloud. Had people telling me how I had so much
equity in my little house in a fancy pants neighborhood. How I could take that equity and add on.

"What they hell you talking about? Equity ain't nothing. Its the difference
between owning something, and owing more than it's worth! I'm trying to
have no dam debt, not get more. And if I sell, I have no where to sleep
until I buy another place. Then, I won't have money anymore."


Must be a space alien. You say this stuff to people, and they look at you
like a mule looking at a new gate.

Read the book Rich Dad, Poor Dad. Disagreed with some of his ideas, obviously. But one thing in the very beginning of the book was to list assets and liabilities. He then explained how your home is a liability. Not an asset.
How, even after you pay it off, you continually pour money into it.

Another thing on home prices. People who think the difference between
buying price and selling price is money made. Our house has easily doubled in price in twenty years, maybe more now. But at double, I'd be losing my ass.

Right off the bat, it cost thousands to do the deal.
Considering interest, you pay back 2+ times the borrowed money.

But hell, people like me would crash our economy.

Oldest son bought a huge nice home in Illinois for $89/sq ft. Here in SW Utah, it's $250-300/sq ft. Yeah, I wouldn't live in Illinois, but there are places in the country where you can get a home for a decent price.

You aren't crazy..... people have been conditioned to believe the narrative... congrats on being an independent thinker.....
My house has doubled in value the last few years and I see that as a bad thing

Property tax will consume that savings

Welcome you back to the state with open arms. We need more good people here

Bingo. A couple of summers ago my youngest son's then fiancee piped, "Can you imagine owning a place in the mountains"? Son, " We do." They do.

There are homes in the outskirts of Charlotte that are selling in hours after being listed. Some are getting bids at over $100,000.00 more than the asking price. Many are bought by folks that have only seen pictures of the home. Northeasterners have money, and they are moving here in droves. It is truly an insane situation.

Hmmmmm,....

3 bedrooms, two baths, man cave with super sound and a huge flat screen, garage with too many tools, full likker locker, at least five more pistols, ice cold beer.

Just the basics

You don’t HAVE to “buy into the same market”. The “profit” from selling and pulling up stakes works best when you LEAVE your market and use that money to buy or build in a more reasonable market. 😉

TN is getting overrun with Commiefornites, I am going to dig a hole in the ground in Weakley County at the end of a gravel driveway and cut some shooting slits in the berms. I will General the construction myself and use subs that I know and who I have made a lot of money for in the recent past. Madison County has gone to the dogs and is now a certified shathole, average HS graduate reads on 4th grade level, crime is terrible. Tired of making rich fuggers richer and will never get on another commercial air liner.

Going to the country, got to get away...

Bought 80 acres a year ago or so, with an eye towards selling current house, building new and moving. At that time I got a budgetary price on a timber home package. Just this past week that same package is 60% higher. Wifey-poo and I are recently retired and have just too much house now that kids are gone and the market is hot around here just like most places, semi-rural, private, quiet, (translation no groids). But although I could sell my house for a sweet price, that 60% premium might be prohibitive. Like others have said, where ya gonna go if you sell!!!

NYC south. There is no amount of money that could make me move there.

Charlotte's full of undesirables.

moving to Utah ?

Bring your own water supply........

That has spread to the high country of western NC, lots of non-residents showing up with lots of cash and paying way over market for property and homes .

As for Charlotte, it's just over two hours away and it's way too close. Don't go there unless I absolutely have to (to the airport if I can't get out of Tri- Cities in TN) .

Don't know if it's NYC South, but it makes Metro Detroit look like a nice place .

StarchedCover

exactly ..bob

But I don't want to move to Lame Deer, Mt.

I live in the poorest county in the US, and own property in the second. I've been offered close to 30 times what I have invested in the property. But nothing beats being able to hunt and fish on your own property. And having your own mile long driveway keeps all the thieves away....so far. I'm not selling till I find something better and that's not looking like is going to happen.

You're right, there is that consideration. Art

I agree brother fubar. I don’t buy a place because it’ll be worth money later. I buy because that’s where I want to live. I don’t buy vehicles based on resale, or guns as investments either. I came to the conclusion life it too short to live in a shidt hole liberal state, when I could die before realizing my “investment”. Years wasted.

Sage advice. Had I had you wisdom MANY years ago I wouldn't have wasted all this time in PA. But here I am, a little fish in a Dumocrat pond.

Smart Man!