Home › Forums › Closed Forums › Properties or Areas › Would you have pulled the trigger?
- This topic has 135 replies, 7 voices, and was last updated 14 years, 11 months ago by
Diego Mamani.
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August 26, 2009 at 6:41 AM #16248August 26, 2009 at 8:31 AM #449057
UCGal
ParticipantMission Valley is a good location – easy access to everything, centrally located. So that’s a big plus. A garage is also a big plus. The size is decent and a 3/2 gives you lots of options – depending on your circumstances (roommates, home office, etc.)
I would need to know more about your circumstances.
Are you planning on staying in the condo for the long haul (7+ years)? Transaction costs are significant and to me it doesn’t make sense to buy in a flat or falling market unless you are looking for shelter for the long term. If this is a stop-over for 2-3 years, personally I think buying for a short term doesn’t make much sense since you need to have a price increase to make up transaction costs. Renting makes more sense.
What are the HOA fees? If they’re high, that makes it less attractive.
Do you have kids? What school district is it?
All of those are things I’d need to consider about whether it was something *I* would consider a sound move.
August 26, 2009 at 8:31 AM #449248UCGal
ParticipantMission Valley is a good location – easy access to everything, centrally located. So that’s a big plus. A garage is also a big plus. The size is decent and a 3/2 gives you lots of options – depending on your circumstances (roommates, home office, etc.)
I would need to know more about your circumstances.
Are you planning on staying in the condo for the long haul (7+ years)? Transaction costs are significant and to me it doesn’t make sense to buy in a flat or falling market unless you are looking for shelter for the long term. If this is a stop-over for 2-3 years, personally I think buying for a short term doesn’t make much sense since you need to have a price increase to make up transaction costs. Renting makes more sense.
What are the HOA fees? If they’re high, that makes it less attractive.
Do you have kids? What school district is it?
All of those are things I’d need to consider about whether it was something *I* would consider a sound move.
August 26, 2009 at 8:31 AM #449588UCGal
ParticipantMission Valley is a good location – easy access to everything, centrally located. So that’s a big plus. A garage is also a big plus. The size is decent and a 3/2 gives you lots of options – depending on your circumstances (roommates, home office, etc.)
I would need to know more about your circumstances.
Are you planning on staying in the condo for the long haul (7+ years)? Transaction costs are significant and to me it doesn’t make sense to buy in a flat or falling market unless you are looking for shelter for the long term. If this is a stop-over for 2-3 years, personally I think buying for a short term doesn’t make much sense since you need to have a price increase to make up transaction costs. Renting makes more sense.
What are the HOA fees? If they’re high, that makes it less attractive.
Do you have kids? What school district is it?
All of those are things I’d need to consider about whether it was something *I* would consider a sound move.
August 26, 2009 at 8:31 AM #449661UCGal
ParticipantMission Valley is a good location – easy access to everything, centrally located. So that’s a big plus. A garage is also a big plus. The size is decent and a 3/2 gives you lots of options – depending on your circumstances (roommates, home office, etc.)
I would need to know more about your circumstances.
Are you planning on staying in the condo for the long haul (7+ years)? Transaction costs are significant and to me it doesn’t make sense to buy in a flat or falling market unless you are looking for shelter for the long term. If this is a stop-over for 2-3 years, personally I think buying for a short term doesn’t make much sense since you need to have a price increase to make up transaction costs. Renting makes more sense.
What are the HOA fees? If they’re high, that makes it less attractive.
Do you have kids? What school district is it?
All of those are things I’d need to consider about whether it was something *I* would consider a sound move.
August 26, 2009 at 8:31 AM #449845UCGal
ParticipantMission Valley is a good location – easy access to everything, centrally located. So that’s a big plus. A garage is also a big plus. The size is decent and a 3/2 gives you lots of options – depending on your circumstances (roommates, home office, etc.)
I would need to know more about your circumstances.
Are you planning on staying in the condo for the long haul (7+ years)? Transaction costs are significant and to me it doesn’t make sense to buy in a flat or falling market unless you are looking for shelter for the long term. If this is a stop-over for 2-3 years, personally I think buying for a short term doesn’t make much sense since you need to have a price increase to make up transaction costs. Renting makes more sense.
What are the HOA fees? If they’re high, that makes it less attractive.
Do you have kids? What school district is it?
All of those are things I’d need to consider about whether it was something *I* would consider a sound move.
August 26, 2009 at 10:31 AM #449107weberlin
ParticipantHOA = $330/month (includes structural insurance, water, sewage, and trash)
This property is not a stop-over. I may sell in 5 years or so. If I move out of SD, I will most likely keep it as a rental.
August 26, 2009 at 10:31 AM #449298weberlin
ParticipantHOA = $330/month (includes structural insurance, water, sewage, and trash)
This property is not a stop-over. I may sell in 5 years or so. If I move out of SD, I will most likely keep it as a rental.
August 26, 2009 at 10:31 AM #449638weberlin
ParticipantHOA = $330/month (includes structural insurance, water, sewage, and trash)
This property is not a stop-over. I may sell in 5 years or so. If I move out of SD, I will most likely keep it as a rental.
August 26, 2009 at 10:31 AM #449710weberlin
ParticipantHOA = $330/month (includes structural insurance, water, sewage, and trash)
This property is not a stop-over. I may sell in 5 years or so. If I move out of SD, I will most likely keep it as a rental.
August 26, 2009 at 10:31 AM #449895weberlin
ParticipantHOA = $330/month (includes structural insurance, water, sewage, and trash)
This property is not a stop-over. I may sell in 5 years or so. If I move out of SD, I will most likely keep it as a rental.
August 26, 2009 at 10:59 AM #449147DataAgent
ParticipantAt $235 a sq ft, you did real good. Nice central location. Should be real easy to rent if you ever need to.
August 26, 2009 at 10:59 AM #449338DataAgent
ParticipantAt $235 a sq ft, you did real good. Nice central location. Should be real easy to rent if you ever need to.
August 26, 2009 at 10:59 AM #449678DataAgent
ParticipantAt $235 a sq ft, you did real good. Nice central location. Should be real easy to rent if you ever need to.
August 26, 2009 at 10:59 AM #449750DataAgent
ParticipantAt $235 a sq ft, you did real good. Nice central location. Should be real easy to rent if you ever need to.
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