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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (72077)12/18/1999 3:14:00 PM
From: gnuman  Respond to of 132070
 
John, re:<The 3 bedroom bungalow for 1M you showed last week 'took the cake' gggg>. >
Actually, I suspect whoever buys the property will tear down the house and rebuild. Happens a lot in the valley, undeveloped land is almost impossible to find. So someone borrows the money for a million dollar lot and builds a million dollar house on it. Double whammy. <g>



To: John Koligman who wrote (72077)12/18/1999 4:54:00 PM
From: Ed Beers  Respond to of 132070
 
> Will banks out there finance a large percentage of this type of house? <

Of course they will. If you had to pay cash, it would cost much less...

Ed


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