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BlueRose
417 Posts
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 Posted - 01/13/2008 : 10:34:13 PM
It has been very slow, but we are seeing things pick up. We sold a lot to a local builder almost 2 years ago and his spec house just sold. We built a few customs last year and it looks like we will be blessed with 3 more. Working out the details now. Only positive thoughts are going out from me. It doesn't hurt to pray alot too!
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William R. Jenkins
USA
3545 Posts
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Posted - 03/17/2008 : 6:38:18 PM
I was over to the Fox Lake development,yesterday,with a real-estate agent.She told me the lots there start at $160.000.00.I didn't see many new homes being built.I didn't have much difficulty recognizing the reason .There isn't a decent store for mens clothing this side of Gainesville and no choice of good restaurants.People who can afford this kind of money for a lot and a house,where the minimum is probably over 3000 sq.Ft.Also want good shopping venues,or am I mistaken? WRJWilliam R.Jenkins |
GrayEagle
USA
9966 Posts
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Posted - 03/17/2008 : 9:13:16 PM
WRJ, I know someone who purchased two lots out there for investments. That was right after they opened for sales. I think they are wishing they hadn't purchased them, but then, they might have unloaded them before the crash!
GrayEagle
<:))))<><
America:
Romans 1:18-32
II Chron 7:14 |
William R. Jenkins
USA
3545 Posts
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Posted - 03/17/2008 : 10:28:09 PM
Eagle,A good friend of mine brought a lot there for $100,000.00 cash.He offered it to me for 75 there is plans for a golf course.The roads aren't paved.I think you are right,people jumped on the ban wagon and the tires went flat.WRJWilliam R.Jenkins |
Lavender
USA
2797 Posts
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Posted - 03/18/2008 : 10:21:53 AM
I know someone who owns property there. That is what happens when you get too big for your britches!Do unto others as you would have them do unto you. |
puddin pop
USA
4628 Posts
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Posted - 03/18/2008 : 10:34:40 AM
LOL Lavender.If at first you don't succeed, do it the way your wife told you to. |
BlueRose
417 Posts
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Posted - 03/18/2008 : 11:02:31 AM
quote:
I know someone who owns property there. That is what happens when you get too big for your britches!
Do unto others as you would have them do unto you.
That wasn't very nice. "Do unto others as you would have them do unto you." I know some very nice people who bought there and plenty of very nice people are hurting because of this realestate slow down. It's the banks who are making all the money here. Not the developers and builders. How about all the people who make a living in construction in this town. People are calling me every day looking for work, any kind of work. Thanks to Gray & Joy we were able to give a man a concrete job today. Coosa knows what I'm talking about. These are LOCAL families that need an income. There are people on this forum who need our prayers that things will pick up. Sorry I got up on my soap box but when I get calls from fellows telling me they can't feed their kids...
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Lavender
USA
2797 Posts
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Posted - 03/18/2008 : 11:18:14 AM
Sorry Blue Rose, i should have stated myself more clearly. I meant the person who owns Fox Lake is too big for there britches, bit off more than they could chew!Do unto others as you would have them do unto you. Edited by - Lavender on 03/18/2008 11:19:33 AM |
BlueRose
417 Posts
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Posted - 03/18/2008 : 11:26:26 AM
quote:
Sorry Blue Rose, i should have stated myself more clearly. I meant the person who owns Fox Lake is too big for there britches, bit off more than they could chew!
Do unto others as you would have them do unto you.
Edited by - Lavender on 03/18/2008 11:19:33 AM
Okay, that's what I hoped you meant. I've just been reading comments on here about developers and builders and it just strikes a nerve. (Not by you sweetie) We are not big time developers by any means.
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coosa creek
USA
39313 Posts
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Posted - 03/18/2008 : 11:47:10 AM
We are not big time developers here either and don't want to be. Gary takes just 2 houses a year, that is all he can "custom" build at one time.
Yes, we do have people calling and asking for work every day. We are using one guy right now that just lost his job on a framing crew cause they have no work. We are glad we can use him for a few weeks. I am so thankful that my husband has work too!
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nelly
USA
2816 Posts
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Posted - 03/18/2008 : 7:57:23 PM
We are all PEOPLE, going through an extremely difficult time........investors, developers, contractors, builders, workers, suppliers, and providers of services. This slow-down has hurt everyone.......and some good ole fashioned neighborly understanding and kindness is called for.....not name-calling and finger pointing. Everyone has their own path to walk - all we can do is offer our prayers and maybe a smile now and then.We are not human beings on a spiritual journey. We are spiritual beings on a human journey.
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mad4martinis
USA
13730 Posts
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Posted - 03/18/2008 : 8:33:38 PM
I'm not sure I'm thinking of the same person here as Lavender, but if it is, she had a dream and is full of ambition. A go-getter to the end. She didn't get too big for her britches, she's just ambitious.
Most folks are about as happy as they make up their minds to be.
Abraham Lincoln (1809 - 1865) |
spam4einstein
839 Posts
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Posted - 03/19/2008 : 12:16:58 AM
Yes, it is very bad right now and we are hurting along with the rest of you. It is unfortunate the entire economy up here is dependent on breaking up and selling off paradise bit by bit. In the end we will have destroyed the very things that are so nice about UC. I have to say I really do not mind it too much. Would I prefer things go back to 2005?....yes. But not being able to find work, closing my biz and the other ways the hibernation of development here has directly impacted me is sort of ok. I plan to be here a long time and I see a very shiny silver lining. So my frustration is tempered by the fact that this downturn will keep UC from further destruction and that is a good thing overall even though it is hurting a lot of folks in the short term. If we could find another less destructive industry that would be super. I gave up the prospect of a high income and fancy cars to move to UC. I gave up a lot so I could be here and am now vested in keeping UC the way it is. If I am forced to give up a little more and it helps keep UC they way it is, then I am OK with the downturn. Reminds me of sod farms. They loose a little soil with each crop and in the end you have a farm with no soil.
The savvy investors know now is the time to make money on UC real estate. You make your money when you buy a property, not when you sell. Lots of money to be made right now if you have the funds!
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coosa creek
USA
39313 Posts
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Posted - 03/19/2008 : 08:42:35 AM
I have been here 25 years. I have seen some changes, but it is still a wonderful place to live! I think it is ok for Union County and this area, to slow down a little.
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William R. Jenkins
USA
3545 Posts
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Posted - 03/19/2008 : 12:20:41 PM
I wrote on the other topic that money is more powerful than the pope.I don't think money is more powerful than Spam.If it were, he and his wife would be long gone.I admire them for their character, honesty and willingness to sacrifice materialism for contentment.WRJWilliam R.Jenkins |
Wildflower
USA
4528 Posts
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Posted - 03/28/2008 : 12:49:17 AM
quote:
People who can afford this kind of money for a lot and a house, where the minimum is probably over 3000 sq. Ft., also want good shopping venues, or am I mistaken? WRJ
Jenkins, I think you would be surprised how many people are willing to give up all that to be closer to nature and have peace and quiet. Most of my friends are from "all that" and they are never going back! I think people still WANT to move here; it's just the bursting of the housing bubble that is keeping them from doing what they want to do. Wildflower |
Wildflower
USA
4528 Posts
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Posted - 03/28/2008 : 01:06:35 AM
quote:
These are LOCAL families that need an income. There are people on this forum who need our prayers that things will pick up. Sorry I got up on my soap box, but when I get calls from fellows telling me they can't feed their kids...
BlueRose, that is truly wretched. I believe there is a North Georgia Foodbank? Maybe some churches are helping? If any of us has anything to contribute to a cause, perhaps that is where we need to focus more. I read that foodbanks all over the country are getting much higher demand these days. 
Wildflower
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Eddie
49 Posts
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Posted - 07/04/2008 : 9:54:24 PM
N.E. Ga. Mountain property, 9 miles south of Blairsville, Ga. 55 acres of undisturbed mountain property located 2/10 mile off State Hwy. 180 in the desirable Choestoe area, convenient to Vogel State Park, Richard Russell Scenic Hwy., and Brasstown Bald Mountain. Nearly all of property has outstanding views, mature hardwoods, two springs & branches, ridge top, elevation varies from approx. 2000-2550ft, not too steep, development potential for as many as 44 home sites, power and paved county road to property, plenty of wildlife, deer, bear, turkey, etc. Excellent property for development, private retreat, or investment. $23,500.00 per acre. Motivated seller, make offer on all. Can possibly finance approx. half of above price for all. Trades considered, or perhaps sell an option to purchase. I also may negotiate selling part (7-10acres or more). Brokers protected.Call owner, Eddie 706-835-5990 cell
Agents call Jesse 706-745-8866
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daughterofconfederate
USA
29728 Posts
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Posted - 07/04/2008 : 11:30:18 PM
Eddie, best wishes on the sale of this acreage! The price is seeming very reasonable compared to what the prices had inflated into in our county just for land."Most people are about as happy as they make up their minds to be." -Abraham Lincoln |
Bob_Hill
USA
67 Posts
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Posted - 08/27/2008 : 3:55:30 PM
I have a question similar to the one that started this topic but a bit different. The lot next to mine is 0.7 acre and I want to buy it. It has no view at all, neither do I, is in a nice area, and is quite uneven. I want to buy it to put up a garage/pole barn down at the bottom next to my house. The owner owns quite a bit of land and he told me he'd sell it for $28,000 when I got in touch with him and told him of my plans. It seems high seeing the tax value is $20,000 for it. It also has no improvements or permits and is actually part of a planned subdivision that is not being built right now. I think the owner just wants that much because he doesn't really care to sell now and will hang on to it banking on a real estate market recovery. I've looked around and it seems $25,000 is about what 1 acre goes for unimproved. I'm thinking of offering $15,000 but I don't want to insult the person because I really want the lot. Any advice or answers would be appreciated. Thanks.Almost there... |
shucks
2145 Posts
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Posted - 08/27/2008 : 4:57:20 PM
Bob, 0.7 acres may not be large enough to build a residence on, with septic tank. Not knowing the particulars, I would say that the price is a little high. There is a parcel in my area that is on a creek, 3 buildable lots, all utilities for $30,000 per acre( probly would sell for less).Offer him the $15,000, see what happens. If he gets insulted then you cannot control that. Who knows, he may come back at $20,000. Real estate is all a matter of negotiation Good luck Shucks |
spam4einstein
839 Posts
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Posted - 08/27/2008 : 7:11:31 PM
Is it worth 28k to you? You can't expect good seller prices when you contact an owner who was not looking to sell. My honest answer is you are wasting his and your time with $15k. If it is not buildable though then 15k is fair. Buildable then he is asking what I would if someone contacted me about land. Do your homework but if you want it and are willing to pay 28k then don't waste your time with nearly a 1/2 price offer. I would not ever contact you again I I got a counter offer like that.
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Bob_Hill
USA
67 Posts
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Posted - 08/27/2008 : 8:03:22 PM
I don't understand your post Spam. I explained it was not buildable and I wanted an opinion. You gave me 2: 15k is fair and I'm wasting my time. Which is it ? It's worth something to me but I don't think I should pay a premium just because I inquired about the place. Guess I'm glad you don't own the land...I'd either get it for 15K or you'd never talk to me again for wasting your time.
Almost there...
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spam4einstein
839 Posts
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Posted - 08/27/2008 : 11:42:35 PM
quote:
I don't understand your post Spam. I explained it was not buildable and I wanted an opinion. You gave me 2: 15k is fair and I'm wasting my time. Which is it ? It's worth something to me but I don't think I should pay a premium just because I inquired about the place. Guess I'm glad you don't own the land...I'd either get it for 15K or you'd never talk to me again for wasting your time.
Almost there...
You did not state it was not buildable. If it honestly can never be a building lot then it is worth only the 15k (swamp, setback, perk problems). I am not talking difficult or undesirable to build on. You got two answers because of two different scenarios. I thought that was clear. It takes considerable effort on a sellers part to consider your options and figure if a sale will work for you. If I did all that and someone offered me ½ of my price, I would consider that time and further discussuion a waste of more time. You stated such a fear that the seller would be put off. So you can’t really be as surprised by my answer as you seem to be. More often than not, a 1/2 price offer gets no response in my real estate experience.
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Land (Lots) for Sale
