Which house would you buy?

[dleggs15]

We are in the process of looking for our new home! Our house is under contract and will be hopefully a done deal within the next month! We went looking at houses with a realtor on Sunday and found a few that we liked.

The only reason I am asking advice is becuse we know this is going to be a home that we will resell in about 3-5 years. So I need others opinions on which would be most appealing to buyers when we go to sell.

The first list of houses is in a neighborhood that has community pool, clubhouse, golfcourse, deep water access in the neighborhood, docks in neighborhood, playground, basketball court, and boat storage.

this house is a GREAT deal just needs some cosmetic work like hardwood throughout, updated kitchen and baths, new carpet in bedrooms, front and back yard needs work. Houses on this street goes from 240,000-300,000 and this is a foreclosuer for 188,000..also this house has a Marshview from the front porch. and the golf course is in the back yard.
http://allison.sav.mlxchange.com/Pub...40&s=SAV&t=SAV (http://allison.sav.mlxchange.com/Pub/EmailView.asp?r=1862613440&s=SAV&t=SAV)

This house is also in the same neighborhood and on the same street. This house is brand new never lived in and they are asking 279,000. This house has a HUGE master suite and bath. and everything is new and updated. Its right on the golf course and has a wooded view behind it that wont be developed also has covered back porch. they dont ahve any pic sof the inside unfortunatly http://www.horsegroomingsupplies.com/horse-forums/images/smilies/frown.gif
http://allison.sav.mlxchange.com/Pub...91&s=SAV&t=SAV (http://allison.sav.mlxchange.com/Pub/EmailView.asp?r=926425491&s=SAV&t=SAV)

This house is in a different neighborhood has pool, clubhouse, baseball, tennis, volleyball courts. playground. Its a bit more expensive but is a very nice house as well. Brand new never lived in. Asking 279,000.
http://allison.sav.mlxchange.com/Pub...08&s=SAV&t=SAV (http://allison.sav.mlxchange.com/Pub/EmailView.asp?r=229878108&s=SAV&t=SAV)


Thanks for taking the time! with the way the housing market is and economy we want to try to buy the best house to fit us as well as future buyers!

[Tadswife]

I think all the houses your looking at are beautiful. But in my opinion I would still look around! With the economy the way it is, it is a buyers market. The houses are loosing value so whatever house you do choose, i'm sure you can talk them down in price, depending on how long its been on the market. Like I said I would continue to look. Not unless you have your heart on set on these three house's. If that is so, I would avoid the forclosed home. There is to much work to be done and you have to pay off the remainder of the previous owners mortage. Forclosed homes just give me the jitters. I am always at fear the the previous owners will do more damage then good to the home since they are loosing it...

[shopmysongs]

It seems like the 1st house is a better deal if you are willing to do the work. Make sure you find out everything you can about the forclosed homes so there are no surprises. The comps will tell you what you need for the area. Your realtor will have a good idea on which house is the best for the money. If you are willing to do the work, I'd go with the 1st one.

[BarceloMayaPalaceBride]

I like all 3 houses! The third one caught my eye because of the large front yard. I would consider how much "work" you want to put in the home. Some homes are in "ready to move in condition" where others need a little or a lot of "TLC" I know you are looking to re-sell in 3-5 years and you are trying to think about what other people would like, but make sure it's something YOU want to live in for 3-5 years. I would choose the home that gives you the best feeling when you walk in :)

[dleggs15]

I think all the houses your looking at are beautiful. But in my opinion I would still look around! With the economy the way it is, it is a buyers market. The houses are loosing value so whatever house you do choose, i'm sure you can talk them down in price, depending on how long its been on the market. Like I said I would continue to look. Not unless you have your heart on set on these three house's. If that is so, I would avoid the forclosed home. There is to much work to be done and you have to pay off the remainder of the previous owners mortage. Forclosed homes just give me the jitters. I am always at fear the the previous owners will do more damage then good to the home since they are loosing it...


Thanks for all your advice! I understand what you are saying about the foreclosed home there is a bit of work that needs to be done to this house but we are familiar with buying foreclosures our first house was a foreclosure so that part were not scared of lol..its the part that we would have to do the fixing up lol....And yes it is a buyers market right now! very much so and we are keeping our options open but we have also limitied our choices to about 3 different developments and these houses were the ones in our price range in the developments! we want the whole package lol This will be the third home we have purchased so we are in no hurry we have been looking for about 5 months and nothing is selling to fast in the area especially the new construction! Oh and that foreclosure they are already out of the house the bank has taken over and it has been on the market for about 3 months and they have dropped the price twice so far! so that would be the only thing we would like about the foreclosure the fact that we can get what should be a $250,000 for probably $160,00 when its all said and done! we would only need about $20,000 to put into the house but we will see what happens :) Thanks for your response!

[dleggs15]

It seems like the 1st house is a better deal if you are willing to do the work. Make sure you find out everything you can about the forclosed homes so there are no surprises. The comps will tell you what you need for the area. Your realtor will have a good idea on which house is the best for the money. If you are willing to do the work, I'd go with the 1st one.

exactly! the 1st house is a steal the comps in that neighborhood on that street alone start from 240,000-over 300,000 and then as you go further back the development there are houses over a million that are water front propeties! I jsut love all the ammentites this development offers and its still about 1/2 hr from Savannah

[dleggs15]

I like all 3 houses! The third one caught my eye because of the large front yard. I would consider how much "work" you want to put in the home. Some homes are in "ready to move in condition" where others need a little or a lot of "TLC" I know you are looking to re-sell in 3-5 years and you are trying to think about what other people would like, but make sure it's something YOU want to live in for 3-5 years. I would choose the home that gives you the best feeling when you walk in :)


Even though the work that needs done seems like a lot to me in reality its not that bad lol..some new paint and floors, and carpet in bedrooms and replace the front window and garage door and the house is good as new! it was buitl in 2004 so we dont have to worry about the roof etc at this point but we would definatly get a home inspection to see what they would suggest as well! I would actually prefer to have a smaller home and a smaller payment with the next house we purchase because I have it set that i want to move back home sooner than later and if we can find a nice house under our budget i would prefer to do that lol!

[MrsDM]

I just stumbled across this. Honestly, I love the first house. I love that it is a little different looking than the rest and the inside looks great!

Plus, being $75,000 less than the others, you can fix it up and you'll be gaining equity!

My second choice...number three! :) Good luck!

[dizy1j62881]

Ok so we are big fans of house hunters and this post so reminds me of that show...I like the first one because of the potiential(sp?) it has. Its got great bones and wouldn't take much to give it upgrades and turn around and sell it in a few years. But all 3 are good choices. good luck

[MrsDM]

So what did you decide to do!?

[dleggs15]

Well we are now switching what we want hehe :) We cant make up our minds and we still have time!

I found a great horse farm that I am starting to ride at but its about 50 mins from i live now :( Sooo...we are looking at possibly moving closer to the horse farm so I can be there more often and bring my horse down south! Its closer to his work so he likes the idea..further from mine though :(

In all honesty I would much rather rent then buy a house! We are only planning on being here 2-3 years and the way the economy is I am scared to purcahse a house! we are stuck now with our house in SC soooo..i DONT want to go through this again when we want to move back home! i just want to be able to pick up and go and not worry with selling a house again and having a mortgage and rent AGAIN LOL!

so basically I'm stuck on what to do!