Daniel

hey there, just wanted to weigh in on this... we just purchased a house in stoneybrook, and are saving almost 200k off the original purchase price back in 2005... yes, we have a high fee structure, but it's based ona bond that is issued from the state and has a life of 20 years. our homeowners fees are about 134 a month, and there are cdd fees that in combination together total about 2200 a year

you may look at these numbers and think they are really high, but here's the thing. this neighborhood is right down the road from the best beach in florida, about 3 miles to the highway, has a gaurded gate after 6pm to 6a every night, roaming security 4 nights a week, huge community center, pool, basketball, baseball, rollerblading, bike paths, gym, movie theatre, etc. that is an ubeatable value. also add in, that everyone as far up as tampa is aware of this neighborhood... everyone i talk to knows about it. one thing that we have noticed; we have been watching several houses in this neighborhood for almost a year. in the last two-three months, all the great deals have been sucked up. 9 (ones that we had saved as favorites) houses in particular were sold in one month in this neighborhood. The market is supposed to hit rock bottom in november so people know that there is a light at the end of the tunnel. Obama, likely the next president believes in bailing people out of the mortgage crisis. speculators are seeing this as a prime oppurtunity to buy. If you really want in on this market, i would act quickly, we have also seen 3 houses we were looking at get removed from the market... meaning we were talking to the listing agents who stated that these homebuyers are seeing the end of the crisis and are removing the houses in hopes of making more money in the next six months. - Tue Jul 1 2008, 13:24