tag:blogger.com,1999:blog-6337895450730818700.post1349737388309188592..comments2023-08-29T08:48:51.557-06:00Comments on Jessie's Money & Our Growing Families Too: We Have a NumberJessiehttp://www.blogger.com/profile/11259285806446208884noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6337895450730818700.post-80049926015075727552010-08-23T18:04:32.750-06:002010-08-23T18:04:32.750-06:00@ Financial - thank you! It feels so good to be a...@ Financial - thank you! It feels so good to be able to start working to a concrete goal!Jessiehttps://www.blogger.com/profile/11259285806446208884noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-34283804577866919552010-08-23T11:48:30.139-06:002010-08-23T11:48:30.139-06:00that's great news! :Dthat's great news! :DAlysonhttps://www.blogger.com/profile/05868520885916090134noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-22095268565525475252010-08-23T10:44:04.395-06:002010-08-23T10:44:04.395-06:00@ Anonymous - thank you for your comments!
Jordan...@ Anonymous - thank you for your comments!<br /><br />Jordan and I know that we are truly lucky to have the opportunity to buy her home.<br /><br />An investor/developer could have easily bought it for $300-$350 and stuck two new build townhouses and sold those for $750K (just happened to her neighbors house....but I don't know the actual sale price).<br /><br />This is great b/c my Aunt really wanted to help us buy our first home, and we really wanted to make sure she had what she needed when she's ready to move.<br /><br />It's also entirely likely that no one would have bought her home at the realtor's recommended sale price - there's a few in her neighborhood price around $300k that didn't sell due to the state of the home.<br /><br />oh - and on a side note, the townhouse's we looked at didn't have condo fees and were in the 300-350 price range.Jessiehttps://www.blogger.com/profile/11259285806446208884noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-49504562029152999432010-08-23T10:32:17.572-06:002010-08-23T10:32:17.572-06:00Further to what I just wrote above, I want to stre...Further to what I just wrote above, I want to stress that my comment was only with respect to money value of the land and house. Of course I have no idea about the family relationship and support dynamic which cannot be quantified. I am only commenting strictly about the dollar figure of the proposed sale amount!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-72417979000825734562010-08-23T10:22:16.683-06:002010-08-23T10:22:16.683-06:00I am a lifelong Calgarian, so I know the market. ...I am a lifelong Calgarian, so I know the market. Regardless of the condition of the house and any needed repairs / renovations, I believe you just got yourself the deal of the decade. You will be getting a good size lot. Judging by the age of the house in the photo, it appears that you would be in a community with driving distance to downtown of no more than a 15-20 minute commute (if that)? <br /><br />To compare to a new build townhouse in the neighbourhood - you have to also remember that with a townhouse you are only getting the structure, not the land. Plus the added monthly condo maintenance fees, my guess would be at least $250 - $300 per month at minimum on top of the mortgage itself.<br /><br />Like I said, deal of the decade.Anonymousnoreply@blogger.com