Potential First Deal

[Krusty 0]

Thanks Kimberly. I think that the info is not very accessible or my realtor contacts are lazy. Maybe time to try a new realton!

[MichaelC 160]

Krusty, I suggest you contact fellow board member Doug Pretorius. He's up your way and may have a specific source of info for you.

Joe, remember that giving terms gets price. So you can always expect your t/b to pay top of the market prices.....within reason, of course. I mean, no one is going to give you $250K for a house worth $175K. But I'll bet you'll have little difficulty getting $189K to $195K for that same property with terms.

Err on the high side. You can always come down if need be.

[Guest Steve]

Krusty,

 

Check out this Royal Lepage link, it posts appreciation rates for all Canadian cities and their suburbs by category of dwelling.

 

Royal lepage

 

Steve

[Krusty 0]

Steve...you are the Man! I thought I was a google king, but try for the life of me and I could not find this info on the net.

 

Thanks very, very much.

 

Russ

[MichaelC 160]

Steve...you are the Man!  I thought I was a google king, but try for the life of me and I could not find this info on the net.

 

Thanks very, very much.

 

Russ

<{POST_SNAPBACK}>

Google King. I like it! Hmmm...sounds like someone may have earned a custom member title....

[Krusty 0]

I liked the Lizard King better, but that was already taken.

[Sold ! 0]

A while back someone posted a site with the appreciation rate by state.  While that gives you a general idea, appreciation may vary widely from one area to another even within a single state.

<{POST_SNAPBACK}>

 

 

I have been looking for that thread. Does anybody remember where it is?

 

Thanks,

[Kimberly 0]

Here's the thread!

 

Here's the RE Investment Blog!