Employer relocated me to SD in Jan 07. Relocation package good for two years. To get settled in right away, I simply rented (1 yr lease) an apt in Mira Mesa (1br 1b) for $1065/mo. Seven months later I’m settled in.
I found two condos I really, really liked. Villa Taviana and Balboa Ridge. In May Villa Taviana’s (Bellini plan 686 sq ft) 1br 1b was $253,990. Balboa Ridge in Clairemont 1br 1b was a $269,900.
Can anyone please tell me anything about these two projects? My lease is up in January and I am debating if I should buy at that time, or sign another lease.
It sounds like you want to use the benefits from the relocation package before it expires. Your package probably pays for your closing costs, right ?
I was in a similar situation. When I relocated to San Diego, my relocation package included the closing costs of buying a house. This is pretty standard, so I guess yours is similar.
Anyway, I chose not to use that because the benefits (a few thousands dollars) is not worth the cost (loss of equity when prices go down).
It sounds like you want to use the benefits from the relocation package before it expires. Your package probably pays for your closing costs, right ?
I was in a similar situation. When I relocated to San Diego, my relocation package included the closing costs of buying a house. This is pretty standard, so I guess yours is similar.
Anyway, I chose not to use that because the benefits (a few thousands dollars) is not worth the cost (loss of equity when prices go down).
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