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For those of you buying a house on LI? How are you doing it at these prices?

Original post by peabody

I look through the Sunday paper at the houses for sale. I am in SHOCK how much these houses are going for.

If we didn't buy (we bought about 2 1/2 years ago) when we did we would have had to move off LI. We just refinanced and our house appaised about $150,000 more than we paid. Which is great, but I think it's crazy how much it went up in 2 1/2 years. We wouldn't be able to buy our own home today.

For all of you who are house hunting and in the process of buying, how can you afford it when the average house is 350,000 in Suffolk and well over 400,000 in Nassau?


Good luck to you all.
Kate Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?


Posted by dgtlsunshine
I just wanted to post that I have been posting on the home board for a few years now and although Sassyz75 does not own a home or is looking for one right now she ALWAYS post nasty comments on these subjects.



I thought 'Home' was where your heart was, where you laid your head every night and felt safe and secure. Just because I have a mortgage does not make my house a home.




Posted by dgtlsunshine

Just don't want you ladies to take her comments for more than garbage.



Holy!
kpny622 Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?

wow I think this might be the longest thread ever on the Home board!

Sassyz75 Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?

I just want to take a bow...
How long can we get it... how else wants to join in
lillian771 Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?

Thanks for the good luck wishes, we need it!

FH and I are in the process of buying a house for $360K in Commack, which we believe is a great deal by today's standards. Its incredibly hard to be doing everything at once. I'm definitely losing sleep over it. Everyone keeps saying it will all be worth it in the end though...I hope they're right!
NPbride Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?


Posted by lillian771

Thanks for the good luck wishes, we need it!

FH and I are in the process of buying a house for $360K in Commack, which we believe is a great deal by today's standards. Its incredibly hard to be doing everything at once. I'm definitely losing sleep over it. Everyone keeps saying it will all be worth it in the end though...I hope they're right!



If you don't mind my asking where in Commack? We're looking at a house on Montrose Drive this Saturday. Good luck to you!
lillian771 Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?


Posted by NPbride


Posted by lillian771

Thanks for the good luck wishes, we need it!

FH and I are in the process of buying a house for $360K in Commack, which we believe is a great deal by today's standards. Its incredibly hard to be doing everything at once. I'm definitely losing sleep over it. Everyone keeps saying it will all be worth it in the end though...I hope they're right!



If you don't mind my asking where in Commack? We're looking at a house on Montrose Drive this Saturday. Good luck to you!



Sure, ...its on Parkway Drive North. The development is off Vets Hwy. Where is Montrose? Good luck to you too!
NPbride Posted:

Re: For those of you buying a house on LI? How are you doing it at these prices?


Sure, ...its on Parkway Drive North. The development is off Vets Hwy. Where is Montrose? Good luck to you too!




It looks like it's off Indian Head road. It's on the market for $399,000 I guess that's not bad considering it's Commack

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