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  • January 4, 2011 at 12:50 PM #647822
    newbuyer858
    Participant

    Thanks for these jpinpb. They are a bit old, should that matter?

    January 4, 2011 at 12:55 PM #647898
    newbuyer858
    Participant

    [quote=SD Realtor]I would be a little concerned if it is a necessity to have a roomie in order to afford the mortgage. To me that would get old very fast. You may want to consider other areas that are more affordable. I assume you can get approved for financing without the expected room rental.[/quote]

    It’s not a necessity. I can afford 2400/mo but would prefer for my mortgage to be more like 1650 + get a roommate so I have some cash to invest / save.

    January 4, 2011 at 12:55 PM #648945
    newbuyer858
    Participant

    [quote=SD Realtor]I would be a little concerned if it is a necessity to have a roomie in order to afford the mortgage. To me that would get old very fast. You may want to consider other areas that are more affordable. I assume you can get approved for financing without the expected room rental.[/quote]

    It’s not a necessity. I can afford 2400/mo but would prefer for my mortgage to be more like 1650 + get a roommate so I have some cash to invest / save.

    January 4, 2011 at 12:55 PM #648484
    newbuyer858
    Participant

    [quote=SD Realtor]I would be a little concerned if it is a necessity to have a roomie in order to afford the mortgage. To me that would get old very fast. You may want to consider other areas that are more affordable. I assume you can get approved for financing without the expected room rental.[/quote]

    It’s not a necessity. I can afford 2400/mo but would prefer for my mortgage to be more like 1650 + get a roommate so I have some cash to invest / save.

    January 4, 2011 at 12:55 PM #648621
    newbuyer858
    Participant

    [quote=SD Realtor]I would be a little concerned if it is a necessity to have a roomie in order to afford the mortgage. To me that would get old very fast. You may want to consider other areas that are more affordable. I assume you can get approved for financing without the expected room rental.[/quote]

    It’s not a necessity. I can afford 2400/mo but would prefer for my mortgage to be more like 1650 + get a roommate so I have some cash to invest / save.

    January 4, 2011 at 12:55 PM #647827
    newbuyer858
    Participant

    [quote=SD Realtor]I would be a little concerned if it is a necessity to have a roomie in order to afford the mortgage. To me that would get old very fast. You may want to consider other areas that are more affordable. I assume you can get approved for financing without the expected room rental.[/quote]

    It’s not a necessity. I can afford 2400/mo but would prefer for my mortgage to be more like 1650 + get a roommate so I have some cash to invest / save.

    January 4, 2011 at 1:41 PM #648950
    jpinpb
    Participant

    [quote=newbuyer858]Thanks for these jpinpb. They are a bit old, should that matter?[/quote]
    I started the thread in 2008 and people have posted comments over the years and still continue to post.

    I haven’t posted NODs lately, but am hoping to resume posting them again soon. In any case, it gives you an indication of what’s going on in the complexes. Decipher for yourself and take what you will from it.

    I am not sure the status of the litigation in the complexes. This is something that should be check before you purchase, at least I would.

    January 4, 2011 at 1:41 PM #647903
    jpinpb
    Participant

    [quote=newbuyer858]Thanks for these jpinpb. They are a bit old, should that matter?[/quote]
    I started the thread in 2008 and people have posted comments over the years and still continue to post.

    I haven’t posted NODs lately, but am hoping to resume posting them again soon. In any case, it gives you an indication of what’s going on in the complexes. Decipher for yourself and take what you will from it.

    I am not sure the status of the litigation in the complexes. This is something that should be check before you purchase, at least I would.

    January 4, 2011 at 1:41 PM #647832
    jpinpb
    Participant

    [quote=newbuyer858]Thanks for these jpinpb. They are a bit old, should that matter?[/quote]
    I started the thread in 2008 and people have posted comments over the years and still continue to post.

    I haven’t posted NODs lately, but am hoping to resume posting them again soon. In any case, it gives you an indication of what’s going on in the complexes. Decipher for yourself and take what you will from it.

    I am not sure the status of the litigation in the complexes. This is something that should be check before you purchase, at least I would.

    January 4, 2011 at 1:41 PM #648626
    jpinpb
    Participant

    [quote=newbuyer858]Thanks for these jpinpb. They are a bit old, should that matter?[/quote]
    I started the thread in 2008 and people have posted comments over the years and still continue to post.

    I haven’t posted NODs lately, but am hoping to resume posting them again soon. In any case, it gives you an indication of what’s going on in the complexes. Decipher for yourself and take what you will from it.

    I am not sure the status of the litigation in the complexes. This is something that should be check before you purchase, at least I would.

    January 4, 2011 at 1:41 PM #648489
    jpinpb
    Participant

    [quote=newbuyer858]Thanks for these jpinpb. They are a bit old, should that matter?[/quote]
    I started the thread in 2008 and people have posted comments over the years and still continue to post.

    I haven’t posted NODs lately, but am hoping to resume posting them again soon. In any case, it gives you an indication of what’s going on in the complexes. Decipher for yourself and take what you will from it.

    I am not sure the status of the litigation in the complexes. This is something that should be check before you purchase, at least I would.

    January 4, 2011 at 1:47 PM #648631
    sdrealtor
    Participant

    I would stay away from bubble condo conversions if possible. Quality tends to be low and distress through the roof. That could send HOA fees much higher and possible assessments. Also tend to have litigation which creates financing issues.

    January 4, 2011 at 1:47 PM #647837
    sdrealtor
    Participant

    I would stay away from bubble condo conversions if possible. Quality tends to be low and distress through the roof. That could send HOA fees much higher and possible assessments. Also tend to have litigation which creates financing issues.

    January 4, 2011 at 1:47 PM #648494
    sdrealtor
    Participant

    I would stay away from bubble condo conversions if possible. Quality tends to be low and distress through the roof. That could send HOA fees much higher and possible assessments. Also tend to have litigation which creates financing issues.

    January 4, 2011 at 1:47 PM #647908
    sdrealtor
    Participant

    I would stay away from bubble condo conversions if possible. Quality tends to be low and distress through the roof. That could send HOA fees much higher and possible assessments. Also tend to have litigation which creates financing issues.

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