Logan Martin Lake Topics: Money talk saddens me....
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Name:
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LifeTime Laker
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Subject:
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Money talk saddens me....
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Date:
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8/19/2006 3:17:30 PM
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.... to the point of despair. Every few days someone will bring up the subject of how much property is worth here now. It is either how much per square foot to build, or how many $$ per foot of waterfront, or how much increase we have had in recent years, etc, etc.
Is this all you guys think about the lake & lake living?. How much money I am going to make when I sell? Can I get a good deal from some out of towner so I flip it and make a retirement fund? And yes even the vultures who swoop down on recent widows, widowers and close kin trying to 'help them out' by buying thier lake property. I have personal experience with this one. A freind recently died and had an udevloped lot next to his moms home on the lake. Before he was even buried the vultures were calling wanting to "help her in her time of need". Of course EVERYONE of them LOWBALLED HER. They think she is dumb. And she is probably worth more than those that were calling to help her out... lol.
Bottom line... there is no rule of thumb that will tell anybody what any lot or home is worth. It is worth whatever anybody will pay on any given day. But unless you are currently buying or selling, why are you even thinking about it. Kick back, relax, enjoy the lake. When it is time to sell, it will be what it will be!!!! NO MORE NO LESS!
ONe poster a while back posted that they were selling out and and half the board went nuts wanting 'first crack' at it. It must have been just board talk, (which I equate to bar talk elevated to nth degree). I figured this out when I sent several private emails about the possibillity of selling my place. Not one of them are really interested, but will offer up advice to you on how to sell and for how much, using magic formulas of course.
BTW-- it is NOT for sale at this time. Had a change of heart with a little better prognosis from the doctor.
OK now I have ranted and pi$$ed off half the board I am sure, FLAME AWAY!
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