Home › Forums › Closed Forums › Properties or Areas › Park Mesa Condos in Linda Vista by Mesa College, HOA 415
- This topic has 62 replies, 6 voices, and was last updated 11 years, 5 months ago by
Essbee.
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March 29, 2011 at 4:05 PM #682680March 29, 2011 at 8:17 PM #681574
SDisGreat
Participanti can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…
i see other units in sd with 700 hoa and they aren’t even downtown condos…. OUCH…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….
March 29, 2011 at 8:17 PM #681627Participanti can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…
i see other units in sd with 700 hoa and they aren’t even downtown condos…. OUCH…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….
March 29, 2011 at 8:17 PM #682247Participanti can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…
i see other units in sd with 700 hoa and they aren’t even downtown condos…. OUCH…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….
March 29, 2011 at 8:17 PM #682387Participanti can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…
i see other units in sd with 700 hoa and they aren’t even downtown condos…. OUCH…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….
March 29, 2011 at 8:17 PM #682740Participanti can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…
i see other units in sd with 700 hoa and they aren’t even downtown condos…. OUCH…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….
March 29, 2011 at 8:41 PM #681589bearishgurl
Participant[quote=SDisGreat]…i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…[/quote]
SDisGreat, have you ever checked out single-family homes in Chula Vista (91910)? Most of these $260K+ (asking price) properties are situated in very good, established neighborhoods with above-average size lots. Although 30 mins from USD and 45+ mins from UCSD in rush hour, The bulk of these 700-1200 sf homes have larger lots on peaceful blocks and are very well located one mile or less from the bayfront. Most are “cosmetic-fixers” needing “superficial” interior upgrading.
Of course, there are no Mello Roos or HOA’s involved with these properties.
SD Dtn commute is 11-18 mins depending on surface st/fwy taken.
Just a suggestion, not knowing where your employment is.
March 29, 2011 at 8:41 PM #681642Participant[quote=SDisGreat]…i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…[/quote]
SDisGreat, have you ever checked out single-family homes in Chula Vista (91910)? Most of these $260K+ (asking price) properties are situated in very good, established neighborhoods with above-average size lots. Although 30 mins from USD and 45+ mins from UCSD in rush hour, The bulk of these 700-1200 sf homes have larger lots on peaceful blocks and are very well located one mile or less from the bayfront. Most are “cosmetic-fixers” needing “superficial” interior upgrading.
Of course, there are no Mello Roos or HOA’s involved with these properties.
SD Dtn commute is 11-18 mins depending on surface st/fwy taken.
Just a suggestion, not knowing where your employment is.
March 29, 2011 at 8:41 PM #682262Participant[quote=SDisGreat]…i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…[/quote]
SDisGreat, have you ever checked out single-family homes in Chula Vista (91910)? Most of these $260K+ (asking price) properties are situated in very good, established neighborhoods with above-average size lots. Although 30 mins from USD and 45+ mins from UCSD in rush hour, The bulk of these 700-1200 sf homes have larger lots on peaceful blocks and are very well located one mile or less from the bayfront. Most are “cosmetic-fixers” needing “superficial” interior upgrading.
Of course, there are no Mello Roos or HOA’s involved with these properties.
SD Dtn commute is 11-18 mins depending on surface st/fwy taken.
Just a suggestion, not knowing where your employment is.
March 29, 2011 at 8:41 PM #682401Participant[quote=SDisGreat]…i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…[/quote]
SDisGreat, have you ever checked out single-family homes in Chula Vista (91910)? Most of these $260K+ (asking price) properties are situated in very good, established neighborhoods with above-average size lots. Although 30 mins from USD and 45+ mins from UCSD in rush hour, The bulk of these 700-1200 sf homes have larger lots on peaceful blocks and are very well located one mile or less from the bayfront. Most are “cosmetic-fixers” needing “superficial” interior upgrading.
Of course, there are no Mello Roos or HOA’s involved with these properties.
SD Dtn commute is 11-18 mins depending on surface st/fwy taken.
Just a suggestion, not knowing where your employment is.
March 29, 2011 at 8:41 PM #682755Participant[quote=SDisGreat]…i rather buy a home for 260k w/o hoa fees then pay 200k and $415 a month…[/quote]
SDisGreat, have you ever checked out single-family homes in Chula Vista (91910)? Most of these $260K+ (asking price) properties are situated in very good, established neighborhoods with above-average size lots. Although 30 mins from USD and 45+ mins from UCSD in rush hour, The bulk of these 700-1200 sf homes have larger lots on peaceful blocks and are very well located one mile or less from the bayfront. Most are “cosmetic-fixers” needing “superficial” interior upgrading.
Of course, there are no Mello Roos or HOA’s involved with these properties.
SD Dtn commute is 11-18 mins depending on surface st/fwy taken.
Just a suggestion, not knowing where your employment is.
March 30, 2011 at 9:45 AM #681735ljinvestor
Participant[quote=SDisGreat]i can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….[/quote]
Many large condo associations in San Diego have underfunded accts because of either poor planning and/or foreclosures
Purchase power closer to 75k with the current 30yr rate @ 5%
Yes, current homeowners eventually get stuck with the bill.
March 30, 2011 at 9:45 AM #681789Participant[quote=SDisGreat]i can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….[/quote]
Many large condo associations in San Diego have underfunded accts because of either poor planning and/or foreclosures
Purchase power closer to 75k with the current 30yr rate @ 5%
Yes, current homeowners eventually get stuck with the bill.
March 30, 2011 at 9:45 AM #682409Participant[quote=SDisGreat]i can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….[/quote]
Many large condo associations in San Diego have underfunded accts because of either poor planning and/or foreclosures
Purchase power closer to 75k with the current 30yr rate @ 5%
Yes, current homeowners eventually get stuck with the bill.
March 30, 2011 at 9:45 AM #682549Participant[quote=SDisGreat]i can’t believe that they underfunded their account, now the current homeowners are definitely feeling it in lower sale prices…
the purchasing power on $415/month is roughly 60k…
so what happens when units like these have too many foreclosures and short sales and owners don’t make their monthly dues? i am assuming the currently homeowners have to pick up the monthly losses in increase HOA fees….[/quote]
Many large condo associations in San Diego have underfunded accts because of either poor planning and/or foreclosures
Purchase power closer to 75k with the current 30yr rate @ 5%
Yes, current homeowners eventually get stuck with the bill.
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