Localfund.com - All about Fund and Investment
*Home>>>Investment Information

Is it better to buy a house, townhouse, or condo in Jacksonville?


Now it's the time that i decided to own a home and stop renting it but the problem is i'm not sure should i buy a condo, townhouse or a house. I just greduated and decide to buy a condo buy i read this article about not to buy a condo. this is just a short version of it "Therefore, if you were planning to buy a condo, STOP. DON'T DO IT.
If you're looking for a real estate investment, look elsewhere. If you're looking for a place to live, rent the condo instead (because, as a renter, you can walk away anytime)." [url]http://www.ricedelman.com/planning/... just make me wonder waht should i do? Well Just like everybody eles if i have the money i would buy a house
one last thing Is there an oversupply of houses? Undersupply? Are prices going down?
Up? Any information is appreciated.
~GUY

I manage condos. And I can tell you, in South Florida, the real estate market is slooooow. The good thing about condos is that you share the upkeep expenses with others. All around your bills are lower. If you don't mind living in that situation, they are a great, affordable way to go. And, if one day you decide, you can always lease it out, or sell when the market is right for a good profit.I would say buy!!

i too am looking to buy in jacksonville.. i used to live there. that is were i am from.. the best advice i can give us is to look around down there.. visit some realtors.. and also check the school distruct the house or condo your gonna get is in.. they got some good schools and some crappy ones.. you may want to consider a fixer upper .. they are cheaper and as you fix it up the value goes up as well..the beach area is the nicest but it is the most expensive i went looking there i found a trailer for $40,000 yeah i said $40,000 for a used trailer in a park... land did not come with it...go can go on ask .com and type in houses for sale and put in what city and state and a whole bunch will pop up for you that way you can get a idea what the price range is i found them as low as $60,000 and as high as $700,000

A great and up coming place to buy is the Northside. Believe it or not past the Airport is a growing community of nice developments, etc. You might look into doing a purchase out there.

regards,
Vincent
webmaster of: http://www.thenorthchurch.net

Tags
  Investment Options   Investment Opportunity   Investment Manager   Investment Management   Investment Information   Investment Group   Investment Firms   Investment Company   Investment Calculator
Related information
  • Do special joint mortgages between parents and children exist in the US similar to those I found for the UK?

    Yes, you can have a co-signer for your mortage similar to your car...I had the same issue when I went for mine, I made enough money, just diddn't have enough history with big purchases. They w...

  • Tax Season is over, what did your accountant cost?

    Husbands wages, SSDI, Retirement disability, Student Loan interest deduction, IRA contribution,,,, cost to prepare returns both state and Federal? -0- I did them myself and I did not efile

    ...
  • Is it a legitmate way to make money to lend your credit to someone to make investments?

    It's a scam. Don't do it. Actually, what you're describing sounds illegal. Applying for credit in someone else's behalf sounds more like identity theft.

    ...
  • Would like to find Dennis Moore of Richmond Indiana?

    this is probably the last place you will locate him You can try www.AnyWho.com This is what I found searching for Moore in Richmond, IN ...

  • AP economics: expected return?

    This is actually a fairly basic exercise, and you really do need to calculate the returns yourself. If your goal is to pass the AP exam you need to learn how to do this, why take AP economics if yo...

  • Anyone have any strategies to using the "market edge" system?

    1) I listen to "Market Edge", maybe twice a week, and agree with you: they are cautious ( by not making firm recommendations), and since market conditions seem to change week by week, the...

  • Database of Private investors or network of private investors.?

    Try the angel investors network, which are a group of private investors Angel Capital Association ...

  • Can u identify the problems and give solution to this? can reservation sys. be unfair?

    The problem seems to be that the non-included airlines want a piece of the action. Seriously, the airline industry has a 'general' reservation system that has access to all airlines both ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster