Is it a good time to sell? another one bites the dust, sam..

[jeff]

Archived from groups: rec.games.video.classic (More info?)

i've got a kid now and am trying to buy a house.

is it a good time to sell right now?? I've noticed some of the
prices have gone down from 5-10 years ago.

I hate to sell but I need a house.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

Video games are not like the stock market where you can buy and hold
and certain economic indicators tell you what it's worth.

Something is "worth" how much another person will pay for it. Decide
how much money YOU want to give your precious memories away, and put a
"buy it now" on the auction. Or use a reserve.

Search the completed auctions of Ebay and see what you are intending to
sell has been sold for by other sellers. This will give you a pretty
good idea how much to expect.

BTW, congratulations on the kid.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

On Mon, 19 Sep 2005 05:16:09 GMT, jeff <jeffery10005@yahoo.com> wrote:

>i've got a kid now and am trying to buy a house.
>
>is it a good time to sell right now?? I've noticed some of the
>prices have gone down from 5-10 years ago.
>
>I hate to sell but I need a house.

In general the price have gone UP and the market is fairly hot right
now. But do expect the housing market to deflate sometime soon as
predicted by someone in Wasington DC.

If you want to sell, sell it now and get big money before the market
goes down.
--
When you hear the toilet flush, and hear the words "uh oh", it's already
too late. - by anonymous Mother in Austin, TX
To reply, replace digi.mon with phreaker.net

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

> In general the price have gone UP and the market is fairly hot right
> now. But do expect the housing market to deflate sometime soon as
> predicted by someone in Wasington DC.
>
> If you want to sell, sell it now and get big money before the market
> goes down.

Heh, yeah right. Prices are pathetic compared to what they used to be.
This is directly related to the shitty economy. Surplus income goes
down, spending goes down. Uncertainty increases, spending decreases.

I guarantee you that prices will go up again in a good economy.

I'm no expert, but right now there is a terrible housing market bubble.
I don't know if it's still wise to buy a house... are interest rates
still low enough to justify the extra cost the bubble has created? These
are the kinds of questions you must research before considering one of
the largest purchases of your lifetime.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

MrBiggles wrote:


>
> I'm no expert, but right now there is a terrible housing market bubble.

It is. There are still some deals, though, I just bought a condo for
$61K. VERY RARE, and I got real lucky.

> I don't know if it's still wise to buy a house... are interest rates
> still low enough to justify the extra cost the bubble has created? These
> are the kinds of questions you must research before considering one of
> the largest purchases of your lifetime.

It is generally agreed upon by experts that waiting for housing prices
to decrease before purchasing is a fools game. Do you REALLY believe
there will be a 20% or more correction?? Most experts believe that
prices will plateau, but not take a sharp decrease.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

> It is generally agreed upon by experts that waiting for housing prices
> to decrease before purchasing is a fools game. Do you REALLY believe
> there will be a 20% or more correction?? Most experts believe that
> prices will plateau, but not take a sharp decrease.

I predict there will be a terrible crash that will greatly affect the
economy, and mark the end of the economic prowess of the United States
of America.

 

[crock]

Archived from groups: rec.games.video.classic (More info?)

I agree with you. Heck, there are some believe that this has already
happened, but that we just haven't woke up to that fact yet....

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

MrBiggles wrote:


>
> I predict there will be a terrible crash that will greatly affect the
> economy, and mark the end of the economic prowess of the United States
> of America.

And this prediction is based on what? A terrible dream you had?

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

The Space Boss wrote:
> MrBiggles wrote:
>
>
>
>>I predict there will be a terrible crash that will greatly affect the
>>economy, and mark the end of the economic prowess of the United States
>>of America.
>
>
> And this prediction is based on what? A terrible dream you had?

I read chicken organs.

 

[crock]

Archived from groups: rec.games.video.classic (More info?)

How about the manufacturing and high-tech sector jobs all but
disappearing, the massive amounts of money being spent on the war, and
the record federal deficits just to name a few. The housing market is
one of the few bright spots in the economy, and the only reason for
that is that foreign countries are loaning us massive amounts of money.
Just wait until they decide to stop loaning us any more. Oh wait,
you're right -- that's all just a terrible dream I had....

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

Crock wrote:
> How about the manufacturing and high-tech sector jobs all but
> disappearing, the massive amounts of money being spent on the war, and
> the record federal deficits just to name a few. The housing market is
> one of the few bright spots in the economy, and the only reason for
> that is that foreign countries are loaning us massive amounts of money.
> Just wait until they decide to stop loaning us any more. Oh wait,
> you're right -- that's all just a terrible dream I had....

So let me get this straight: the jobs are disappearing yet the housing
market is at an ALL TIME HIGH.. HMMMMM... that don't add up to me. Does
it to you?

 

[crock]

Archived from groups: rec.games.video.classic (More info?)

It's called a loans. Can you not read? You're such an idiot. Please
go away.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

Crock wrote:
> How about the manufacturing and high-tech sector jobs all but
> disappearing, the massive amounts of money being spent on the war, and
> the record federal deficits just to name a few. The housing market is
> one of the few bright spots in the economy, and the only reason for
> that is that foreign countries are loaning us massive amounts of money.
> Just wait until they decide to stop loaning us any more. Oh wait,
> you're right -- that's all just a terrible dream I had....

Yep, I forgot about that fact. We are living the good life on borrowed
money, it's true.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

A lot of the common stuff for Atari and Vectrex has gone down in
average price, while the rarer stuff is truly getting rarer and
commanding higher prices. Carts like silver label Gravitar, Crazy
Climber, and Rubik's Cube have gone down (unless the boxes are
involved, then they've gone up). Colecovision stuff seems to be
moderately up across the board. Of course, you'll make more money
parting out your rarer items and selling those individually and then
bundling the rest as a sort of "instant collection" for people just
getting back into classic video games. Of course, as others have
pointed out, the economy isn't the greatest right now and that has
certainly had an effect in that people have less disposable income for
collecting.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

jt august wrote:
> In article <1127174334.016299.299670@g47g2000cwa.googlegroups.com>,
> "The Space Boss" <drsmith666@aol.com> wrote:
>
> > It is. There are still some deals, though, I just bought a condo for
> > $61K. VERY RARE, and I got real lucky.
>
> I'm not a fan of condos. $61K? How big, one floor, two? How many
> bedrooms and baths? How big are the remaining rooms?

Hello August, sorry I didn't originally see this message somehow, but
anyway, the condo is a studio condo, it's about 400+ square feet
(small), and I bought it as a rental property, so I will rent it out
for $500/MO. I've already had a lady who was real interested, but they
don't allow dogs in the building. BTW I spent about $1400 fixing it up,
and now it's REAL NICE!

>
> And how much do you pay to the condo association for grounds
> maintenance, etc? And do you have any yard space to use as you choose,
> such as a back yard flower or veggie garden?
>
> jt

The condo association fees are like $58/mo.. I haven't gotten a bill
yet, but I know that it includes water and cable.

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

In article <1127174334.016299.299670@g47g2000cwa.googlegroups.com>,
"The Space Boss" <drsmith666@aol.com> wrote:

> It is. There are still some deals, though, I just bought a condo for
> $61K. VERY RARE, and I got real lucky.

I'm not a fan of condos. $61K? How big, one floor, two? How many
bedrooms and baths? How big are the remaining rooms?

And how much do you pay to the condo association for grounds
maintenance, etc? And do you have any yard space to use as you choose,
such as a back yard flower or veggie garden?

jt

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

jt august wrote:
> In article <1127174334.016299.299670@g47g2000cwa.googlegroups.com>,
> "The Space Boss" <drsmith666@aol.com> wrote:
>
>
>>It is. There are still some deals, though, I just bought a condo for
>>$61K. VERY RARE, and I got real lucky.
>
>
> I'm not a fan of condos. $61K? How big, one floor, two? How many
> bedrooms and baths? How big are the remaining rooms?
>
> And how much do you pay to the condo association for grounds
> maintenance, etc? And do you have any yard space to use as you choose,
> such as a back yard flower or veggie garden?
>
> jt


LMAO!!!

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

On Sat, 24 Sep 2005 00:39:52 GMT, jt august <starsabre@att.net> wrote:

>I'm not a fan of condos. $61K? How big, one floor, two? How many
>bedrooms and baths? How big are the remaining rooms?
[snip]

When it's very rare and cheap, you don't worry if it's CIB or if it's
just the manual you'd want to get it anyhow.
--
When you hear the toilet flush, and hear the words "uh oh", it's already
too late. - by anonymous Mother in Austin, TX
To reply, replace digi.mon with phreaker.net

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

On Sat, 24 Sep 2005 00:39:52 GMT, jt august <starsabre@att.net> wrote:

>In article <1127174334.016299.299670@g47g2000cwa.googlegroups.com>,
> "The Space Boss" <drsmith666@aol.com> wrote:
>
>> It is. There are still some deals, though, I just bought a condo for
>> $61K. VERY RARE, and I got real lucky.
>
>I'm not a fan of condos.
> $61K? How big, one floor, two? How many
>bedrooms and baths? How big are the remaining rooms?
>
>And how much do you pay to the condo association for grounds
>maintenance, etc? And do you have any yard space to use as you choose,
>such as a back yard flower or veggie garden?
>
>jt


Something tells me he bought it as an investment and whether you're a
fan or not it's a huge market.
If in fact he bought it to live in he got one hell of a deal just from
the looks of his gameroom alone.

George

 

[Guest]

Archived from groups: rec.games.video.classic (More info?)

Dane L. Galden (at at) wrote:


>
> Space Boss,
>
> I'm a real estate agent and investor in Ohio. You aren't making any money
> on that condo (or any investment property) if you can't rent it out for a
> *minimum* of 1% of the purchase price. I like it to be a little higher for
> my investments. Just my thoughts. Take them for what they're worth...
>
> Dane.

Hiya Dane,
Well I figure it's better than keeping the money in the bank,
after all, where else could I earn $500/mo on that type of deposit (I
don't have this leveraged at all, I own it free and clear)... the rents
in this area for this small of a unit aren't quite high enough to go
$600 - but you and I both know it's only a matter of time before the
rental market meets and exceeds that number. I now own (in this area)
three rental properties free and clear that rent for $500 - $550 mo
(one condo, and two mobile home lots with units on them). A while back,
I bought a nice building lot in a prestigous new development for $38
that's already doubled in value. I may hold on to this lot and try to
exchange it for a condo or townhome to someone who's looking to upgrade
and build thier own house.