SoCalDem Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Feb-26-10 04:26 AM
Original message
I find myself drawn to a place I have never been.. Detroit.
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Edited on Fri Feb-26-10 04:28 AM by SoCalDem
There are such lovely homes there..historical homes.. and they are DIRT cheap.
I am not sure I could convince my husband to move there, but I think I want to buy a house there/..just in case..
This house is "calling" me :)
http://www.frontdoor.com/For_Sale/listing/882-100120338...
$58,000
$278/mo. (assumes 20% down at 6%) mortgage calculator
* Added to FrontDoor: 2/24/2010
Details:
6 beds
5 Full Baths
Single Family
4,500 sq ft
12
No Pets
1905
ABSOLUTELY GORGEOUS AND EXTREMELY SPACIOUS HOME! FEATURES INCLUDE AN IN-LAW LIVING QUARTERS ON THE THIRD FLOOR, 6 BEDROOMS, FULL BASEMENT, FIREPLACES GALORE, AND IS LOCATED ON A BRICK PAVER STREET DEFINITELY A MUST SEE BEAUTIFUL HOME THAT IS PRICED TO SELL!
the taxes are quite high because of its location, but perhaps it could be rented out for enough to cover them and re-pay my outlay....and then someday maybe we could move there :)
I'm hoping a DUer could weigh in on the neighborhood..
This one is spectacular, but there are also MANY wonderful places that are tremendous bargains..Two & Three-flats.. Big beautiful houses...some with multi-year tenants in-place already..
I'm a bit afraid of being an out-of-state landlady though..
Hannah Bell (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Feb-26-10 05:43 AM
Response to Original message
5. it's my belief that detroit is being ethnically cleansed in preparation for its next boom.
deliberately.
it's my belief that if you looked at ownership patterns you'd find some big money there.
Did Hannah Bell make the top 10?
the taxes are quite high because of its location, but perhaps it could be rented out for enough to cover them and re-pay my outlay....and then someday maybe we could move there
I'm hoping a DUer could weigh in on the neighborhood..
This one is spectacular, but there are also MANY wonderful places that are tremendous bargains..Two & Three-flats.. Big beautiful houses...some with multi-year tenants in-place already..
I'm a bit afraid of being an out-of-state landlady though..
Linky? I want to send that listing to a friend who is house hunting in Detroit, but the truncated link in the op is busted.
Not sure, but she seems to be making a definite run for it this year.
Link (http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=7799067&mesg_id=7799067)
hmm ... if Detroit is being ethnically cleansed, who is in control there doing the cleansing? which party is it? I can't remember. :devious:
There is never going to be a boom in detroit. The only reason there was a boom there was the fact that Henry Ford had good access to the wood and iron sources he owned. Now you can get that anywhere. detroit is dead and just refuses to know it.
There is never going to be a boom in detroit.
There is never going to be a boom in detroit.