- This topic has 35 replies, 4 voices, and was last updated 17 years, 11 months ago by
SD Realtor.
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December 16, 2007 at 11:45 AM #11228December 16, 2007 at 12:03 PM #118326
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ParticipantSome of these are gonna become really cheap. The biggest danger I see with the downtown condos, especially in the new buildings, is that the HOAs are gonna be bankrupt almost from day one. They will not be able to sell enough of these things to form a functioning HOA so the common areas are going to go to hell really quickly. Look for an established building and demand to see the HOA books. You will have to pay more for a unit in a functional building but it will be worth it…
December 16, 2007 at 12:03 PM #118460ParticipantSome of these are gonna become really cheap. The biggest danger I see with the downtown condos, especially in the new buildings, is that the HOAs are gonna be bankrupt almost from day one. They will not be able to sell enough of these things to form a functioning HOA so the common areas are going to go to hell really quickly. Look for an established building and demand to see the HOA books. You will have to pay more for a unit in a functional building but it will be worth it…
December 16, 2007 at 12:03 PM #118494ParticipantSome of these are gonna become really cheap. The biggest danger I see with the downtown condos, especially in the new buildings, is that the HOAs are gonna be bankrupt almost from day one. They will not be able to sell enough of these things to form a functioning HOA so the common areas are going to go to hell really quickly. Look for an established building and demand to see the HOA books. You will have to pay more for a unit in a functional building but it will be worth it…
December 16, 2007 at 12:03 PM #118533ParticipantSome of these are gonna become really cheap. The biggest danger I see with the downtown condos, especially in the new buildings, is that the HOAs are gonna be bankrupt almost from day one. They will not be able to sell enough of these things to form a functioning HOA so the common areas are going to go to hell really quickly. Look for an established building and demand to see the HOA books. You will have to pay more for a unit in a functional building but it will be worth it…
December 16, 2007 at 12:03 PM #118555ParticipantSome of these are gonna become really cheap. The biggest danger I see with the downtown condos, especially in the new buildings, is that the HOAs are gonna be bankrupt almost from day one. They will not be able to sell enough of these things to form a functioning HOA so the common areas are going to go to hell really quickly. Look for an established building and demand to see the HOA books. You will have to pay more for a unit in a functional building but it will be worth it…
December 16, 2007 at 12:10 PM #118331patientlywaiting
ParticipantYour best bet is to watch the following buildings. I’ve been watching too. 🙂
– Icon (new building with plenty of unsold units)
– Diamond Terrace. “Low” priced units with plenty of underwater owners.
– Parkloft for a more luxury setting. The HOA lawsuits are sinking the building.The above have “relatively low” prices but no pool.
What amenities are you looking for?
December 16, 2007 at 12:10 PM #118465ParticipantYour best bet is to watch the following buildings. I’ve been watching too. 🙂
– Icon (new building with plenty of unsold units)
– Diamond Terrace. “Low” priced units with plenty of underwater owners.
– Parkloft for a more luxury setting. The HOA lawsuits are sinking the building.The above have “relatively low” prices but no pool.
What amenities are you looking for?
December 16, 2007 at 12:10 PM #118499ParticipantYour best bet is to watch the following buildings. I’ve been watching too. 🙂
– Icon (new building with plenty of unsold units)
– Diamond Terrace. “Low” priced units with plenty of underwater owners.
– Parkloft for a more luxury setting. The HOA lawsuits are sinking the building.The above have “relatively low” prices but no pool.
What amenities are you looking for?
December 16, 2007 at 12:10 PM #118538ParticipantYour best bet is to watch the following buildings. I’ve been watching too. 🙂
– Icon (new building with plenty of unsold units)
– Diamond Terrace. “Low” priced units with plenty of underwater owners.
– Parkloft for a more luxury setting. The HOA lawsuits are sinking the building.The above have “relatively low” prices but no pool.
What amenities are you looking for?
December 16, 2007 at 12:10 PM #118560ParticipantYour best bet is to watch the following buildings. I’ve been watching too. 🙂
– Icon (new building with plenty of unsold units)
– Diamond Terrace. “Low” priced units with plenty of underwater owners.
– Parkloft for a more luxury setting. The HOA lawsuits are sinking the building.The above have “relatively low” prices but no pool.
What amenities are you looking for?
December 16, 2007 at 12:12 PM #118336ParticipantWhile I’m looking also, I can say with all honesty that it’s better to rent. Rent will be much less than interest, hoa and prop taxes on a purchase.
Book a hotel room. Weekend rates are lower because the conventions are gone.
December 16, 2007 at 12:12 PM #118470ParticipantWhile I’m looking also, I can say with all honesty that it’s better to rent. Rent will be much less than interest, hoa and prop taxes on a purchase.
Book a hotel room. Weekend rates are lower because the conventions are gone.
December 16, 2007 at 12:12 PM #118504ParticipantWhile I’m looking also, I can say with all honesty that it’s better to rent. Rent will be much less than interest, hoa and prop taxes on a purchase.
Book a hotel room. Weekend rates are lower because the conventions are gone.
December 16, 2007 at 12:12 PM #118543ParticipantWhile I’m looking also, I can say with all honesty that it’s better to rent. Rent will be much less than interest, hoa and prop taxes on a purchase.
Book a hotel room. Weekend rates are lower because the conventions are gone.
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