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Reply by sandhill

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Posted on Home appraisals and additions/remodels values

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sandhill

2104 posts in 2528 days


#1 posted 1064 days ago

landog – I think the point we were trying to make is don’t buy a house just for the investment aspect. Right now in my area you can get a house that was 500K or 600K in 2006 for 150K put 20K or 30K into it and flip it for a 60 – 100K profit the only catch is you have to live in it for one year. In Oklahoma what was 150K in 2007 is now 220K so your right about that.

-- Bob Egbert AKA Sandhill http://www.sandhillwoodworks.com/


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