[thebazman]

[quote=recordsclerk]There is a 1 bd/ba for 95K in that complex. The complex is very quite day/night. It does have a nice park like feel to the grounds. The complex is older and most units are dated. I’ve been in a downstairs unit and you can hear every footstep from your upstairs neighbors, but this could be normal with downstairs living(never lived downstairs). I think the last unit that sold was in Oct 2008. It was a studio for 80K (all cash). The prices are just starting to come down in Linda Vista and this complex has some of the better prices so far. There was a post about a week ago talking about 2bd/2ba condo conv. by MP in the low 300K. This complex is about 3 miles away and half the price without the granite kitchen. [/quote]

Thanks, recordsclerk! The unit I was looking at was a townhouse arrangement, bedrooms and full bath upstairs, living room and half bath downstairs, so no noise problems I would think. It’s a nice area being so close to Mesa College and Kearney Mesa, not the “ghetto” part of Linda Vista.

[thebazman]

[quote=recordsclerk]There is a 1 bd/ba for 95K in that complex. The complex is very quite day/night. It does have a nice park like feel to the grounds. The complex is older and most units are dated. I’ve been in a downstairs unit and you can hear every footstep from your upstairs neighbors, but this could be normal with downstairs living(never lived downstairs). I think the last unit that sold was in Oct 2008. It was a studio for 80K (all cash). The prices are just starting to come down in Linda Vista and this complex has some of the better prices so far. There was a post about a week ago talking about 2bd/2ba condo conv. by MP in the low 300K. This complex is about 3 miles away and half the price without the granite kitchen. [/quote]

Thanks, recordsclerk! The unit I was looking at was a townhouse arrangement, bedrooms and full bath upstairs, living room and half bath downstairs, so no noise problems I would think. It’s a nice area being so close to Mesa College and Kearney Mesa, not the “ghetto” part of Linda Vista.

[thebazman]

You pay yourself interest —

My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.

So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!

[thebazman]

You pay yourself interest —

My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.

So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!

[thebazman]

You pay yourself interest —

My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.

So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!

[thebazman]

You pay yourself interest —

My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.

So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!

[thebazman]

You pay yourself interest —

My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.

So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!

[thebazman]

Village Woods

sdrealtor —

I was about ready to check out this property but after 12 days of being relisted as an REO it went into escrow today.

3262 Ashford Unit H San Diego, CA 92111

Are there any backup offers on this place? Does it have any negative remarks?

Linda Vista is definitely showing some price drops!

I was a little disappointed I didn’t make a move but I’m sure there will be other ones. 130K for a condominium with 10% down is pretty close to what I pay for rent already, even including the $300.00 HOA fees.

Thanks,

Basil

[thebazman]

Village Woods

sdrealtor —

I was about ready to check out this property but after 12 days of being relisted as an REO it went into escrow today.

3262 Ashford Unit H San Diego, CA 92111

Are there any backup offers on this place? Does it have any negative remarks?

Linda Vista is definitely showing some price drops!

I was a little disappointed I didn’t make a move but I’m sure there will be other ones. 130K for a condominium with 10% down is pretty close to what I pay for rent already, even including the $300.00 HOA fees.

Thanks,

Basil

[thebazman]

Village Woods

sdrealtor —

I was about ready to check out this property but after 12 days of being relisted as an REO it went into escrow today.

3262 Ashford Unit H San Diego, CA 92111

Are there any backup offers on this place? Does it have any negative remarks?

Linda Vista is definitely showing some price drops!

I was a little disappointed I didn’t make a move but I’m sure there will be other ones. 130K for a condominium with 10% down is pretty close to what I pay for rent already, even including the $300.00 HOA fees.

Thanks,

Basil

[thebazman]

Village Woods

sdrealtor —

I was about ready to check out this property but after 12 days of being relisted as an REO it went into escrow today.

3262 Ashford Unit H San Diego, CA 92111

Are there any backup offers on this place? Does it have any negative remarks?

Linda Vista is definitely showing some price drops!

I was a little disappointed I didn’t make a move but I’m sure there will be other ones. 130K for a condominium with 10% down is pretty close to what I pay for rent already, even including the $300.00 HOA fees.

Thanks,

Basil

[thebazman]

Village Woods

sdrealtor —

I was about ready to check out this property but after 12 days of being relisted as an REO it went into escrow today.

3262 Ashford Unit H San Diego, CA 92111

Are there any backup offers on this place? Does it have any negative remarks?

Linda Vista is definitely showing some price drops!

I was a little disappointed I didn’t make a move but I’m sure there will be other ones. 130K for a condominium with 10% down is pretty close to what I pay for rent already, even including the $300.00 HOA fees.

Thanks,

Basil

[thebazman]

[quote=sdrealtor]Please dont ruin a good thing. This site is good because the shilling is minimal at best. Lets keep learning and sharing with each other. If anyone really wants to contact someone from this site, all they have to do is send a request to Rich and he can make the connections.

BTW, Realtors donating a % of their commissions for what is technically a referral is probably a RESPA violation.[/quote]

sdrealtor —

You seem like you have a lot of good ideas. I may have some questions for you. I’m at gmail. com, it’s the same username I use on here.

–Baz

[thebazman]

[quote=sdrealtor]Please dont ruin a good thing. This site is good because the shilling is minimal at best. Lets keep learning and sharing with each other. If anyone really wants to contact someone from this site, all they have to do is send a request to Rich and he can make the connections.

BTW, Realtors donating a % of their commissions for what is technically a referral is probably a RESPA violation.[/quote]

sdrealtor —

You seem like you have a lot of good ideas. I may have some questions for you. I’m at gmail. com, it’s the same username I use on here.

–Baz

[thebazman]

[quote=sdrealtor]Please dont ruin a good thing. This site is good because the shilling is minimal at best. Lets keep learning and sharing with each other. If anyone really wants to contact someone from this site, all they have to do is send a request to Rich and he can make the connections.

BTW, Realtors donating a % of their commissions for what is technically a referral is probably a RESPA violation.[/quote]

sdrealtor —

You seem like you have a lot of good ideas. I may have some questions for you. I’m at gmail. com, it’s the same username I use on here.

–Baz

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