Buying a 2-bdrm
I'm thinking about relocating from Cali. Have worked mostly in education. Wondering if there are decent real estate companies, and how much is generally for a 2bdr-apart or small house.
Also is it hard to find work if we are from outside vi? Or if you are self-employed, is the tax system easy to deal with or more costly?
My email is firstname.lastname@example.org. Thanks in advance for your input. Cheers, Lou
A 2 bedroom apartment (many are part of the house) in a decent area will range 1500 - 2000 on STX most likely and possibly higher if furnished. Electric will range 3-400 hundred based on consumption, you'll learn to shut off stuff right away. Some places pay for water, some don't. Tax system is the same, but you file in the USVI (using the federal forms). No state tax forms.
@daveb722 Thanks for the info. I see you included prices for rentals. I suppose for sales it different and that's what I am wondering about.
Are there real estate agencies that are decent in the area? You take care.
Personally, I would NEVER by a FSBO property in the VI. There are just too many potential pitfalls and risks. Do yourself a huge favor and use a realtor.
To be more precise, I will be using a realtor, attorney and appraiser. I was speaking to the idea of increasing the pool of available homes. I was under the impression the market is somewhat similar to Puerto Rico in that many homes that are currently for sale are not listed on MLS and only shown by realtors if there is some informal agreement in place with the realtor?
Are the properties you referenced listed on MLS?
To be more precise, I will be using a realtor, attorney and appraiser. I was speaking to the idea of more homes actually being for sale than one could find in a general internet search. I was under the impression the market is somewhat similar to Puerto Rico in that many homes are currently for sale but not listed on MLS and only shown by realtors if there is some informal agreement in place between realtor/seller due to commission structure?
I share the opinion that using a broker is a good idea, particularly if your not familiar with the island. Honestly, it’s taken a couple of years too get to know STX and I’m still learning. There’s a lot more to the island than there appears at first blush….in a good way.
The challenges are finding a good broker and at the moment the inventory (selection) is tight as compared to a few years ago. I define good broker as both someone you trust and who’s willing to work for you. There are a lot of tire kickers so convincing a broker you’re serious is important.
@cruzaniron Before I take more of your time, can you provide me with the location of the hillside property. 1st time I use this site, is there private messaging?
Hey, is this still available? Or do you know of anything that might be available soon?
Sorry for the delay in responding.
My travel plans were postponed, because of work.
But I want to thank all those who posted responses. I haven't been there yet as my job took me to Europe. But for sure I will check the different islands once there.
Have a great holidays season 2022
Definitely do not buy before you experience at least several months to a year here. I say that just not about the VI but anywhere you move. The worst thing that can happen is you buy your dream house just to find that the neighborhood isn't as convenient or as nice as some other locations. Move to the islands, learn the neighborhoods, get your job location, meet and talk to people who recently moved to the area to get their advice and then if you still want to buy go for it. Nothing against any realtor but the best advice regarding where to live and buy is to first come here and experience the lifestye. Many people return to the states after being here a year. Its an adjustment lifestyle, not suitable for everyone.
Thank you so much for your honesty. Appreciated. I intend to do just that. I had posted this last year but I had to postpone bcs of work.
But I should be arriving hopefully soon 😉 Have a great afternoon.