Brag: Made more than 70k on my house
Two years ago I bought my first house, a comfortable little townhouse in a high end golf course community in Phoenix, Arizona. This was right after the real estate market in Arizona began to explode. I put no money down and I even got the seller to pay my closing costs. I paid nothing out of pocket and have spent zero dollars on improvements. Today I got my house appraised for 70k more than I paid for it.
Brag: ROI of infinity
Beat: I would've made 30k more if I bought six months earlier
Variance: Property values throughout metro Phoenix are in the crapper right now, but my neighborhood is one of the few where prices are still going up. (also a thinly veiled brag).
BBV4L: I will Stars transfer ten dollars of my newfound wealth to the tenth different poster in this thread.
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04-13-2007, 10:02 PM
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