Regarding: “We walked by a lot of current residents, and most of them were not very friendly. I guess losing equity makes for bad neighbors.”
I’m a homeowner at La Boheme and, like may other homeowners I know here, we bought pre-construction and scored some pretty amazing deals, less than the “previous sale prices” listed on the auction site and, I predict, not too far off from what the bidders in the auction will end up paying. I know a few neighbors who have refinanced all or part of their original loans and had their places appraised in the last couple months for several thousand more than they paid for them. So not a lot of remorse about “losing equity” among those I know here. Might be a different story among those who bought at the peak, but I don’t know too many who did that. I can also tell you that a lot of us are actually looking forward to the winning bidders and new homeowners or renters coming in, because that will mean more HOA fees coming in and better upkeep and facility improvements for all of us. If some of us residents seemed a little grumpy, it was more likely because of the spectacle of 20-30 people tramping through our halls at once. How would you feel? But such intense interest in the place only reinforces our own reasons for buying here when the getting was good. For those of you bidding, good luck, and we look forward to welcoming our new neighbors soon.
