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SVTPerformance's Chain of Restaurants
Road Side Pub
My house went on the market today...
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<blockquote data-quote="VegasMichael" data-source="post: 16786433" data-attributes="member: 105950"><p>My position was/is similar. I had two HOA's that were very difficult for me and my buyer to deal with. Plus there was a sid/lid to be paid off which shows on record as a lien which made the buyer nervous. FWIW: <strong>Special Improvement District (SID) and Local Improvement District (LID)</strong>, respectively. These terms are levied by the city on districts in master-planned communities and used to collect additional taxes from properties within these districts. It's a joke but quite commonplace. I paid it off in time not to scare the buyer away.</p><p></p><p>I was like you and didn't want to get too greedy and was very happy with the $$$ I was pocketing. I always try to remember the Rothschild banking family's famous saying: We made most of our money buying before the bottom and selling before the top.</p><p></p><p>I'm already putting some into the stock market but will keep a decent cash cushion. Probably ladder some cd's with some of it. I'm getting an apartment this week or next for a year, and will decide after that if I will buy another home or not.</p></blockquote><p></p>
[QUOTE="VegasMichael, post: 16786433, member: 105950"] My position was/is similar. I had two HOA's that were very difficult for me and my buyer to deal with. Plus there was a sid/lid to be paid off which shows on record as a lien which made the buyer nervous. FWIW: [B]Special Improvement District (SID) and Local Improvement District (LID)[/B], respectively. These terms are levied by the city on districts in master-planned communities and used to collect additional taxes from properties within these districts. It's a joke but quite commonplace. I paid it off in time not to scare the buyer away. I was like you and didn't want to get too greedy and was very happy with the $$$ I was pocketing. I always try to remember the Rothschild banking family's famous saying: We made most of our money buying before the bottom and selling before the top. I'm already putting some into the stock market but will keep a decent cash cushion. Probably ladder some cd's with some of it. I'm getting an apartment this week or next for a year, and will decide after that if I will buy another home or not. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
My house went on the market today...
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