The friend has not put his house on the market and had no plans to move.
“But the guy knocked on his door and was just like ‘Hey, do you want to sell your house?’ and offering $600,000 cash for it,” River said. “It’s crazy, and I’ve heard about [similar stories] a bunch of other times.”
Of course, the price of just about anything depends on supply and demand, which yield the very subjective factor of perceived value. Rivers said he’d consider overpaying by $10,000-20,000, but not the $40,000-50,000 or more that sellers are getting, he feels, above the actual value.
As prices continue skyrocketing, strategic planning is especially important for home buyers. Author: Jeff Valin Updated: 11:19 PM EDT April 12, 2021
JACKSONVILLE, Fla. It is no secret that the real estate market on the First Coast is a seller’s delight. So it is a particularly important time to remember some rules of thumb for people hoping to buy a home.
“Be very careful about buying something out of your price range,” personal financial planner Bob Horne with NuVenture Financial Group cautioned. “The conventional wisdom is to buy something within about 30% of your gross income for the year.”
Meaning, for example, if your gross annual income is $60,000, you shouldn’t take on a monthly payment that exceeds 30%, or in this example $18,000, which works out to $1,500 monthly.
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One of their favorite projects was building leprechaun traps. The building of these traps went on for years, said their mother, Kelly Ludlam. They would often host contests on who could build the best trap … They would redesign and build again and always celebrated each other s creations.
Such childhood building was Kaitlyn s first exposure to the world of STEM, the concept of educating students in four specific disciplines science, technology, engineering and math.
It fueled her interest in robotics and space and her current status as a mechanical and aerospace engineering major at the University of Florida, which she hopes will lead to a career in the aerospace industry. And it fueled her desire to help other girls pursue STEM careers: In 2019 she founded AstroBot STEM Nonprofit Corp. as her Girl Scout Gold Award project.