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What exactly do you need a lawyer for? All of the legal papers will be drawn up by the realtor and title company that handle the transaction. If you have not been to Rochester, I hope you are planning on visiting before you buy. You may find the city a little disappointing.

Re: Orlando Florida... Is It A Good Investment Time Yikes, West Palm expected to drop 17.6 percent in the next year. http://money.cnn.com/2008/05/06/real_estate/100_forecast.moneymag/index.htm?postversion=2008050817

Re: Orlando Florida... Is It A Good Investment Time I just went back to check prices of my old house in FL. Peak price would have sold for $240,000. Currently, same model house is listed for $109,000 (would probably accept offer of $95,000) How much lower can it go? Either Florida is at the...

Re: Orlando Florida... Is It A Good Investment Time If you think that report is bearish, Credit Suisse projects that by 2012, 12.7% of houses in the United States — roughly 6.5 million homes or ONE IN EIGHT — will have been foreclosed on. A very high percentage of these will obviously be in...

Re: Orlando Florida... Is It A Good Investment Time My guess is that you will see that "400k" house selling for $180,000 by 2010, which is still too expensive for most Orlando residents to buy. The S&P/Case Shiller price index estimates most markets have at least another 20% to lose. There is...

Re: Orlando Florida... Is It A Good Investment Time Hurricanes should be a consideration when buying in Florida, but I wouldn't waste too much time worrying about them. You either get lucky or you don't. I have been through three and have had no structural damage, just a few trees knocked...

Re: Orlando Florida... Is It A Good Investment Time I had several places in Florida over the past 10 years, but luckily got out in 2006. The prices in Florida are dropping at an amazing pace. Actual selling prices in my former town are getting close to a 40% drop from their peak as...

Seems to be no end to the bad news for American property. Alot of people are asking "has it hit the bottom yet?" and are looking to jump back in for the classic dea cat bounce scenerio. This property bust will play out like a bad melodrama over several years BUT, one thing is 100% certain...

First, let me just say that I love Florida. The ocean temperature in Southeast Forida is still 80 degrees right now and the golf courses are quiet and cheap until all the tourists get here in January. I have lived and worked in Palm Beach county for about 4 of the past 10 years, spending the...

What about Milwaukee? A miserable, run-down, freezing cold city that smells like a beer factory. I had to spend a few days there on business and pray to god I will never have to go back.

Yes, many Irish citizens have bought homes in the U.S. and you don't need a green card or special visa. You are not granted special visa privelages if you purchase property. You would travel under your Irish passport (I forget what the maximum stay is...3 months??) You are still required...

Insurance rates and taxes have doubled in the past few years in Florida making it much more expensive to own property. A $300,000 house would cost nearly $3,000 to $4,000 a year for hurricane insurance (even more if you have a pool enclosure) and another $5,000 a year in property taxes.

Not alot of good news coming accross the internet today. More doom and gloom from South Florida. Home values down 12% from last year in Palm Beach and big developments going bust in Miami. But that can never happen to us, becuase we're in for a soft landing and prices will continue to go...

Median U.S. house price posts biggest loss on record today, dropping 3.5% from October 2005. Also a new record for existing homes for sale, 3.9 million. Even the most bullish "experts" are calling for a dismal 2007 with further drops. I think I read in another article that this is the...

Heres what happens when the property market turns sour. http://www.palmbeachpost.com/business/content/business/epaper/2006/11/19/a1f_flemingway_1119.html American home builder Lennar slashed prices on remaining inventory of $500,000 homes selling them for $250,000. How would you feel if...

Re: tulips "Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." Albert Einstein

Just got back from Florida. Take a look at the article on the front page of the business section of the Palm Beach paper http://www.palmbeachpost.com/business/content/business/epaper/2006/11/05/a1f_newhomes_1105.html "The current downturn should last two to five years," housing analyst...

I have some friends who had a house in Orlando, but have since sold it. They tried to rent it out through an agency for several years and had a very hard time getting renters in. It was a very nice house with a pool and not very far from all the attractions. With the massive oversupply of...

Fascinating stuff here on the Property collapse in the USA. These are the words of Real Estate Agent Mike Morgan from the website: http://globaleconomicanalysis.blogspot.com/ Mike Morgan: "With so many “experts” out there singing the praises of the housing market, I think it is time...

Maybe a sign of things to come???? American homebuiders Kara Homes Inc. goes bankrupt after $250,000 home discounts fails to attract buyers for their homes. http://www.bloomberg.com/apps/news?pid=20601087&sid=ajY74Kg6RI7o&refer=home