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recordsclerk
ParticipantI’m sure the reserve price will be met and this property will be sold.
My guess 600k+5% auction premium.ParticipantCan someone list the address.
ParticipantCan someone list the address.
ParticipantCan someone list the address.
ParticipantCan someone list the address.
ParticipantCan someone list the address.
ParticipantSD Realtor,
I’m sorry I missed your question back in June. I really just went with a gut feeling and didn’t feel it was worth more then the asking price of 69K. This was the first 2bed/2bath under 90k at the time of listing. It would still break even at 85K with a rental of $900 month. I liked the fact that it was 1 story building (no one on top/bottom)and 1 block from the elementary. I also like HOAs under 200, this one was $160 month. No matter how many times you go over the numbers there are so many variables it’s almost impossible to narrow it down to just one number.CV2,
There is a new unit in this complex listed at $73,900. I haven’t done any more investigations on the current situation with the HOA, but at the time they were paying water/insurance and didn’t owe any money. At the rate that condos are falling, this doesn’t seem like such a good deal as it did just a couple of months ago. This would still be a good investment, but it’s a little too far away for me to make a move at this time. I’ve been watching some condos closer to my residence that would be more convenient to manage.
Here’s the link: MLS #080048826
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?property_type=SFR&source=SANDICOR&cKey=vf5qb639&page=1&listing_num=080048826&mls=mls_sandiegoParticipantSD Realtor,
I’m sorry I missed your question back in June. I really just went with a gut feeling and didn’t feel it was worth more then the asking price of 69K. This was the first 2bed/2bath under 90k at the time of listing. It would still break even at 85K with a rental of $900 month. I liked the fact that it was 1 story building (no one on top/bottom)and 1 block from the elementary. I also like HOAs under 200, this one was $160 month. No matter how many times you go over the numbers there are so many variables it’s almost impossible to narrow it down to just one number.CV2,
There is a new unit in this complex listed at $73,900. I haven’t done any more investigations on the current situation with the HOA, but at the time they were paying water/insurance and didn’t owe any money. At the rate that condos are falling, this doesn’t seem like such a good deal as it did just a couple of months ago. This would still be a good investment, but it’s a little too far away for me to make a move at this time. I’ve been watching some condos closer to my residence that would be more convenient to manage.
Here’s the link: MLS #080048826
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?property_type=SFR&source=SANDICOR&cKey=vf5qb639&page=1&listing_num=080048826&mls=mls_sandiegoParticipantSD Realtor,
I’m sorry I missed your question back in June. I really just went with a gut feeling and didn’t feel it was worth more then the asking price of 69K. This was the first 2bed/2bath under 90k at the time of listing. It would still break even at 85K with a rental of $900 month. I liked the fact that it was 1 story building (no one on top/bottom)and 1 block from the elementary. I also like HOAs under 200, this one was $160 month. No matter how many times you go over the numbers there are so many variables it’s almost impossible to narrow it down to just one number.CV2,
There is a new unit in this complex listed at $73,900. I haven’t done any more investigations on the current situation with the HOA, but at the time they were paying water/insurance and didn’t owe any money. At the rate that condos are falling, this doesn’t seem like such a good deal as it did just a couple of months ago. This would still be a good investment, but it’s a little too far away for me to make a move at this time. I’ve been watching some condos closer to my residence that would be more convenient to manage.
Here’s the link: MLS #080048826
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?property_type=SFR&source=SANDICOR&cKey=vf5qb639&page=1&listing_num=080048826&mls=mls_sandiegoParticipantSD Realtor,
I’m sorry I missed your question back in June. I really just went with a gut feeling and didn’t feel it was worth more then the asking price of 69K. This was the first 2bed/2bath under 90k at the time of listing. It would still break even at 85K with a rental of $900 month. I liked the fact that it was 1 story building (no one on top/bottom)and 1 block from the elementary. I also like HOAs under 200, this one was $160 month. No matter how many times you go over the numbers there are so many variables it’s almost impossible to narrow it down to just one number.CV2,
There is a new unit in this complex listed at $73,900. I haven’t done any more investigations on the current situation with the HOA, but at the time they were paying water/insurance and didn’t owe any money. At the rate that condos are falling, this doesn’t seem like such a good deal as it did just a couple of months ago. This would still be a good investment, but it’s a little too far away for me to make a move at this time. I’ve been watching some condos closer to my residence that would be more convenient to manage.
Here’s the link: MLS #080048826
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?property_type=SFR&source=SANDICOR&cKey=vf5qb639&page=1&listing_num=080048826&mls=mls_sandiegoParticipantSD Realtor,
I’m sorry I missed your question back in June. I really just went with a gut feeling and didn’t feel it was worth more then the asking price of 69K. This was the first 2bed/2bath under 90k at the time of listing. It would still break even at 85K with a rental of $900 month. I liked the fact that it was 1 story building (no one on top/bottom)and 1 block from the elementary. I also like HOAs under 200, this one was $160 month. No matter how many times you go over the numbers there are so many variables it’s almost impossible to narrow it down to just one number.CV2,
There is a new unit in this complex listed at $73,900. I haven’t done any more investigations on the current situation with the HOA, but at the time they were paying water/insurance and didn’t owe any money. At the rate that condos are falling, this doesn’t seem like such a good deal as it did just a couple of months ago. This would still be a good investment, but it’s a little too far away for me to make a move at this time. I’ve been watching some condos closer to my residence that would be more convenient to manage.
Here’s the link: MLS #080048826
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?property_type=SFR&source=SANDICOR&cKey=vf5qb639&page=1&listing_num=080048826&mls=mls_sandiegoParticipantI think that Chula Vista still has another 10-20% left to drop. Depending on what type of house you want, this winter or next year maybe a better time to buy. Condos on the other hand still have another 20%+ drop coming in the near future. The attached market is starting to unravel at warp speed. There were a lot of houses built in the bubble years 2003-2007. Most of those homes are now upsidedown and will just put more pressure on prices. I have made a couple of offers on homes that were well priced and have been out bidded. There is still demand for homes well priced, but patience has paid off for me.
ParticipantI think that Chula Vista still has another 10-20% left to drop. Depending on what type of house you want, this winter or next year maybe a better time to buy. Condos on the other hand still have another 20%+ drop coming in the near future. The attached market is starting to unravel at warp speed. There were a lot of houses built in the bubble years 2003-2007. Most of those homes are now upsidedown and will just put more pressure on prices. I have made a couple of offers on homes that were well priced and have been out bidded. There is still demand for homes well priced, but patience has paid off for me.
ParticipantI think that Chula Vista still has another 10-20% left to drop. Depending on what type of house you want, this winter or next year maybe a better time to buy. Condos on the other hand still have another 20%+ drop coming in the near future. The attached market is starting to unravel at warp speed. There were a lot of houses built in the bubble years 2003-2007. Most of those homes are now upsidedown and will just put more pressure on prices. I have made a couple of offers on homes that were well priced and have been out bidded. There is still demand for homes well priced, but patience has paid off for me.
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