[sunny88]

[quote=SD Realtor]I know it well. Sold a listing in there a couple of years ago. Also my wifes office was about 1/4 mile away for 5 years.

What exactly do you want to know about it Sunny?

[/quote]

Thanks!
My questions:
1) Any thoughts about how easy a unit can be rented out?
2) Current price attractive enough to buy? What was the original price of these units? I’m mostly interested in the units at 4155 Executive Drive
3) Any ideas if the HOA is under financial distress?

Your input is very much appreciated!

[sunny88]

[quote=SD Realtor]I know it well. Sold a listing in there a couple of years ago. Also my wifes office was about 1/4 mile away for 5 years.

What exactly do you want to know about it Sunny?

[/quote]

Thanks!
My questions:
1) Any thoughts about how easy a unit can be rented out?
2) Current price attractive enough to buy? What was the original price of these units? I’m mostly interested in the units at 4155 Executive Drive
3) Any ideas if the HOA is under financial distress?

Your input is very much appreciated!

[sunny88]

[quote=SD Realtor]I know it well. Sold a listing in there a couple of years ago. Also my wifes office was about 1/4 mile away for 5 years.

What exactly do you want to know about it Sunny?

[/quote]

Thanks!
My questions:
1) Any thoughts about how easy a unit can be rented out?
2) Current price attractive enough to buy? What was the original price of these units? I’m mostly interested in the units at 4155 Executive Drive
3) Any ideas if the HOA is under financial distress?

Your input is very much appreciated!

[sunny88]

[quote=jpinpb]I haven’t tracked that complex. If you are serious about it, find out what they’re rent would be on the units. Check craigslist. Then do some math, how much you plan on putting down, what your PITI would be, plus HOA, minus tax write-off and see if it makes sense. I don’t think we’ve seen bottom in LJ, but maybe there’s someone out there that thinks differently. [/quote]

There seem to be a lot of rentals now despite the large foreclosure rates forcing people to rent. Also, increasing number of layoffs in the “golden triangle” seem to have affected the rental market in UTC. However, we are planning to keep the condo long-term, i.e. for at least 5-10 years.

[sunny88]

[quote=jpinpb]I haven’t tracked that complex. If you are serious about it, find out what they’re rent would be on the units. Check craigslist. Then do some math, how much you plan on putting down, what your PITI would be, plus HOA, minus tax write-off and see if it makes sense. I don’t think we’ve seen bottom in LJ, but maybe there’s someone out there that thinks differently. [/quote]

There seem to be a lot of rentals now despite the large foreclosure rates forcing people to rent. Also, increasing number of layoffs in the “golden triangle” seem to have affected the rental market in UTC. However, we are planning to keep the condo long-term, i.e. for at least 5-10 years.

[sunny88]

[quote=jpinpb]I haven’t tracked that complex. If you are serious about it, find out what they’re rent would be on the units. Check craigslist. Then do some math, how much you plan on putting down, what your PITI would be, plus HOA, minus tax write-off and see if it makes sense. I don’t think we’ve seen bottom in LJ, but maybe there’s someone out there that thinks differently. [/quote]

There seem to be a lot of rentals now despite the large foreclosure rates forcing people to rent. Also, increasing number of layoffs in the “golden triangle” seem to have affected the rental market in UTC. However, we are planning to keep the condo long-term, i.e. for at least 5-10 years.

[sunny88]

[quote=jpinpb]I haven’t tracked that complex. If you are serious about it, find out what they’re rent would be on the units. Check craigslist. Then do some math, how much you plan on putting down, what your PITI would be, plus HOA, minus tax write-off and see if it makes sense. I don’t think we’ve seen bottom in LJ, but maybe there’s someone out there that thinks differently. [/quote]

There seem to be a lot of rentals now despite the large foreclosure rates forcing people to rent. Also, increasing number of layoffs in the “golden triangle” seem to have affected the rental market in UTC. However, we are planning to keep the condo long-term, i.e. for at least 5-10 years.

[sunny88]

[quote=jpinpb]I haven’t tracked that complex. If you are serious about it, find out what they’re rent would be on the units. Check craigslist. Then do some math, how much you plan on putting down, what your PITI would be, plus HOA, minus tax write-off and see if it makes sense. I don’t think we’ve seen bottom in LJ, but maybe there’s someone out there that thinks differently. [/quote]

There seem to be a lot of rentals now despite the large foreclosure rates forcing people to rent. Also, increasing number of layoffs in the “golden triangle” seem to have affected the rental market in UTC. However, we are planning to keep the condo long-term, i.e. for at least 5-10 years.

[sunny88]

Thanks! Any comments on whether this is the time to buy?

[sunny88]

Thanks! Any comments on whether this is the time to buy?

[sunny88]

Thanks! Any comments on whether this is the time to buy?

[sunny88]

Thanks! Any comments on whether this is the time to buy?

[sunny88]

Thanks! Any comments on whether this is the time to buy?

[sunny88]

[quote=4sranch_buyer]We are a young working professionals considering to buy a short sale for around $516K (2300sqft) in 4S Ranch area now. Is this a good time to buy in this area? Is this area going to hold up to its value after seeing lot of comments about it being called foreclosure ranch? Our main concerns are:

1. Is this area is going to get further hit by the economy?
2. High HOA + Melloroos (almost $450 per month together)
3. Wildfire fear

Please advice!

We have done a lot of research with multiple visits to 4S Ranch and feel that homes there are quite nice except that there is not much privacy due to the small lots. Also, MR is way too high in our opinion. Unfortunately, in the price range of $500k you don’t have a lot of other options.

[sunny88]

[quote=4sranch_buyer]We are a young working professionals considering to buy a short sale for around $516K (2300sqft) in 4S Ranch area now. Is this a good time to buy in this area? Is this area going to hold up to its value after seeing lot of comments about it being called foreclosure ranch? Our main concerns are:

1. Is this area is going to get further hit by the economy?
2. High HOA + Melloroos (almost $450 per month together)
3. Wildfire fear

Please advice!

We have done a lot of research with multiple visits to 4S Ranch and feel that homes there are quite nice except that there is not much privacy due to the small lots. Also, MR is way too high in our opinion. Unfortunately, in the price range of $500k you don’t have a lot of other options.

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