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Need input on price and local/pros and cons
Posted: Mon Aug 11, 2014 11:29 am
by "Wild Bad Bob"
All , may look at this, need opinions? JPG we could be neighbors!!!
http://tricities.craigslist.org/reo/4612828398.html
Posted: Mon Aug 11, 2014 12:22 pm
by JPG
Have you figgered in the TN sales tax?:D
Too much pine!:rolleyes:
Nice view!
Posted: Mon Aug 11, 2014 1:07 pm
by rcplaneguy
Foot of the mountain, close to a valley. Would be wary of water runoff. Bet the views are nice. That place is 4 hr from me.
Posted: Mon Aug 11, 2014 1:07 pm
by Ed in Tampa
My only advice is make sure you have a really good termite inspection. Also check for bore bees. Those two critters seem to love log cabins in that area.
Posted: Mon Aug 11, 2014 1:43 pm
by dusty
I suggest that you have homework to do. In the business it is referred to as "due diligence".
http://www.trulia.com/homes/Tennessee/G ... e-TN-37743
This would cause me some "hesitation" at the price shown on CL.
Posted: Mon Aug 11, 2014 1:49 pm
by JPG
"Secluded" fer sure.
[ATTACH]25903[/ATTACH]
Posted: Mon Aug 11, 2014 1:51 pm
by dusty
I think pest inspections are always in order when buying used property (maybe even new property). However, I know that one must always apply "due diligence" before taking such a step as this.
This property sold just a little over a year ago. Why? Did someone just flip it? There is a big difference in asking prices.
http://www.realtor.com/realestateandhomes-detail/260-Orrick-Ln_Greeneville_TN_37743_M87098-81101?source=web
or
http://www.remax.com/realestatehomesforsale/260-orrick-ln-greeneville-tn-37743-gid600027954233.html
or
http://www.propertypanorama.com/mls.asp?id=215910 It appears to be listed at $100,000 in this last link. Look before you leap.
Posted: Tue Aug 12, 2014 12:52 am
by "Wild Bad Bob"
JPG sales tax on a house?? What % ?
Posted: Tue Aug 12, 2014 12:54 am
by "Wild Bad Bob"
BTW all, forgot to say thanks for the info, some eye opening!!
Posted: Tue Aug 12, 2014 8:00 am
by JPG
rbursek wrote:JPG sales tax on a house?? What % ?
Depends upon the location(local option(s) within the state), typically near 10%. No state income tax. All inclusive sales tax.
IIUC, never bought a house here.
I am currently in Gatlinburg(Sevierville).
Heading back north this AM.