Downtown Condos – what’s the latest?

[sd_matt]

Wow

I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.

[urbanrealtor]

[quote=sd_matt]Wow

I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.[/quote]
Funny you should ask.
I just spoke with the new listing agent there.
Basically, they have reworked things with the bank.
(and I don’t know if that means they are bank-owned or if the developers bulk-sold the remaining units or the developers just worked something out)
They are now selling as fha-capable units and selling every unsold unit there.
The new sales (they had tenants but not owners in them) are now under-cutting the short resales.
Man, I would be PISSED if I bought there a couple years ago (as one agent friend of mine did).

[urbanrealtor]

[quote=sd_matt]Wow

I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.[/quote]
Funny you should ask.
I just spoke with the new listing agent there.
Basically, they have reworked things with the bank.
(and I don’t know if that means they are bank-owned or if the developers bulk-sold the remaining units or the developers just worked something out)
They are now selling as fha-capable units and selling every unsold unit there.
The new sales (they had tenants but not owners in them) are now under-cutting the short resales.
Man, I would be PISSED if I bought there a couple years ago (as one agent friend of mine did).

[urbanrealtor]

[quote=sd_matt]Wow

I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.[/quote]
Funny you should ask.
I just spoke with the new listing agent there.
Basically, they have reworked things with the bank.
(and I don’t know if that means they are bank-owned or if the developers bulk-sold the remaining units or the developers just worked something out)
They are now selling as fha-capable units and selling every unsold unit there.
The new sales (they had tenants but not owners in them) are now under-cutting the short resales.
Man, I would be PISSED if I bought there a couple years ago (as one agent friend of mine did).

[urbanrealtor]

[quote=sd_matt]Wow

I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.[/quote]
Funny you should ask.
I just spoke with the new listing agent there.
Basically, they have reworked things with the bank.
(and I don’t know if that means they are bank-owned or if the developers bulk-sold the remaining units or the developers just worked something out)
They are now selling as fha-capable units and selling every unsold unit there.
The new sales (they had tenants but not owners in them) are now under-cutting the short resales.
Man, I would be PISSED if I bought there a couple years ago (as one agent friend of mine did).

[urbanrealtor]

[quote=sd_matt]Wow

I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.[/quote]
Funny you should ask.
I just spoke with the new listing agent there.
Basically, they have reworked things with the bank.
(and I don’t know if that means they are bank-owned or if the developers bulk-sold the remaining units or the developers just worked something out)
They are now selling as fha-capable units and selling every unsold unit there.
The new sales (they had tenants but not owners in them) are now under-cutting the short resales.
Man, I would be PISSED if I bought there a couple years ago (as one agent friend of mine did).

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