Quote:
Originally Posted by ishoot308
Here's a perfect example of why it's a buyers market...
http://www.zillow.com/homedetails/76...92810734_zpid/
This house on Varney Point Rd. left was originally put on the market last year for 2.2 million. It finally sold and was closed on last Friday for 1.5 million!! Can you imagine what this house would have sold for in 2007!! It's not just houses in this price range either that are being drastically reduced, there are great deals to be had in all price ranges.
Dan |
The property taxes for this Varney Point waterfront single-family house for the last year shown, 2011, are $28,992/year to the Town of Gilford, or $2416/month.........wow......and I figured that I pay a lot....about $9000/year ......for my 55'wf and quarter acre with a 60-year old, moldy oldie, mongrel cottage in Meredith. That is a huge amount of money in taxes especially if it is to be a second home, and basically unoccupied from Labor day to Memorial Day.