The only way a seller is making money, not reallocating it in this market, is if the seller is a contractor/builder and can do their new home at or below cost. Values will level off and the increase will become more like 5-10% annually depending on where you are, not the 19-22% of the last two years. Pawleys fortunately for me is always going to be on the higher end of the increase, less land available, the higher the value of homes due to limited availability. The market has been so hot here, I built some clients a new home on the marsh, signed the contract in 12/20, had a few hiccups along the way on their end and they still end up moving into a new home with equity already built into it. That is not the norm but I charge the same percentage fees on a $200 job as I do on a $1M job.
Yeah, but do you consider a dog to be a filthy animal? I wouldn't go so far as to call a dog filthy but they're definitely dirty. But, a dog's got personality. Personality goes a long way.
You might take out a dozen before they drag you from your home and skull fuck you to death. Marsh Chicken 6/21/2013
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