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saiineParticipant
Thanks for the great insight Scott, I appreciate it. I’m going to cruise down there over the weekend just to check it out. I have a feeling they will go lower. Mls has them on for 339, they’re presently 284,900. I actually didn’t think they were as high as 339. Wow…
saiineParticipantThanks for the information Larry, I appreciate it.
This would be my first place. I’m 25 and am not so much concerened about flipping or making money on it. I live in Vista and commute to Del Mar daily. I’ll always work down in this area because thats where my job market is.
Goal 1 is to be closer to work. Just the money I’d save on gas alone is nice. Goal 2 is, like you said, to make sure I am happy with what I buy. I have a personal threshold I’ve set and guidelines which are strict but I think doable in the near future. Thus being a nice 2 bedroom condo within 5 miles of my work for 250k. These ones are conversions from 81 and are 284 and 7 miles away.
Carmel Pointe which is like, 2 blocks from my work has 2 bedrooms for 420 right now, which is just ridiculous. 3 bedrooms in the upper 500’s. I’d imagine those will be coming down, I haven’t researched that development in a few months.
I hear you about the cost of roof, those were the first questions I asked. The roof and plumbing were not replaced which is a concern.
Anymore tips, keep them coming.
saiineParticipantIndeed it has started to fall. With 19k properties on the market and 250 added a week I think we’re in for some interesting times. I’m a bit worried about rates rising and not getting in on a decent one, but I’ll continue to wait.
saiineParticipantI saw these as well, thats why the 284 price was suprising to me. The finance officer there told me they are having trouble selling (no crap), so they lowered the price. I was going to go check it out this weekend.
saiineParticipantThanks for the insight. It’s a good time to not be tied down in an ARM. 2010? Do you think the market really will take that long to correct?
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