I live on the mississippi gulf coast. I have a wonderful family and I enjoy working in real estate.
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Bethany,
No. I looked it up and the listing has sold back in Aug of 2008. it sold for 115,000 same as asking price. There are 87 other properties still available in Gulfport that is under 120K. Send me an e-mail at bbeck@prudentialgardner.com and I can forward all of the properties to you. or if tou want to tell me more of the specifics you want for a home I can narrow that list down. - Fri Oct 31 2008, 15:59
I think you should WAIT and save some money towards a new home. Pay off all other debts too. If you are having trouble now to save any money you will struggle later too. There are other expenses with a new home such as regular maintance and if anything breaks YOU will have to pay to fix it. Try to live cheaply till you have some savings to put towards a new home. When the time comes the market may be looking better too.
If you must get into a new home look to family members for the 10% down you may need . Or finance that part with any other collateral you may have. - Mon Oct 27 2008, 10:03
The coast right now has many properties for sale. It is a buyer's market. I would suspect it may be similar there. Ask an agent in your area about the market trends right now. - Sat Oct 4 2008, 19:41
Amy,
That's great your coming to the area. You will love it here. I would be happy to help you find the home you want. I can e-mail you many listing from all companies. Then you look at those pictures and details of properties. It makes easy searching from home. If you come across any other addresses or MLS # on other sites that you want more info on. Just let me know and I can send more details of it. Once you come to town for a visit we can go viewing your favorite ones.
My e-mail is bbeck@prudentialgardner.com. My brother lives in Diamondhead and loves it.
I can send you more info on this private community. - Sat Oct 4 2008, 19:31
No..It is a slow market right now. Properties are not moving quickly. You should at least be prepared for 6 months wait if you want the price your asking. Depending on how nice your home is and if priced well it may go fast. You can put it on the market for sale and while your waiting interview renters and check their refrences(past places they rented) . You can still rent it out while it's on the market as long as the renters are okay about showing it. Many times it will be listed with asking buyers to honer rental lease.
Some investers do like to buy a property with the rental income in place.
Unfortunatly for my job there is a bigger demand for places to rent then buy. You may even look into the lease/purchase option because you will get asked about it.
Good luck and it will all work out fine..
.. - Wed Oct 1 2008, 19:50
Boating, swimming, golf, socializing and playing with the kids.