going to make an offer this week
2bed 2.5bath 1300 sqft.
new construction



















I tried to take more pics but my camera was dead

 

looks great

price?

 

I like the kitchen. Is that the one you are buying? I'm just wondering if all that stuff is considered upgrades.

 

yes this is the one i am buying, all upgrades included

 

215,000..... i'm going to offer 10 less

 

How long it's been on the market?

Offer $200K and see where it goes from there. Give yourself more room to negotiate unless you already have a top price in mind.

 

wheres all the cars?

 

nice kitchen

 

New construction, awesome stuff.

 

Always wondered, any downside in buying a new construction property?

 

holy mutha.. only 200K????

In the bay area you'll get a very nice cardboard box for 200K.

 

You end up paying for the builder's profit... basically you won't see any appreciation for the first few years. However, the house is usually under warranty.

 

actually that depends on the area. every condo in this development was pre-construction sold, investers are making 20-30k on the re-sale (they are putting them on the market as soon as they close)

 

its been listed since 7/18. the only reaon i dont want to haggle to long is my lease is up at the end of this month, and this is the nicest one at this price.

 

i think we established this about 500 times already on this site, no?...yes, cali is expensive/overpriced.

 

If you get the property, let me know about financing as I will get you closed by the end of the month.

 

nice kitchen and good luck with the offer

 

pm sent

 

this is in JAX ?

if so, dayumm just 4 years ago I was there and you could get a rather nice and spacious house for like round 250K

 

ya, i know. i sold a house 2 years ago here for 140,000 (1350sqft), and now houses in that neighborhood are selling for 190,000-200,000. (20 year old houses)
i want new construction also. this is also a gated (manned) community. there are more sapcious condos/townhomes in the area for a little less.... but this is the nicest

 

Yup, 200K MIGHT be just enough for the down payment for a studio condo. You need to be making six figures in the Bay Area to own your own place

 

Very hot. Love the cabinets and counters in the kitchen Sigh... I need a house.

 

I'm diggin it. Good luck on the offer.

 

the sellers took this one off of the market. damn. anyway there are 2 more that are exactly the same except they have ugly peach carpet, but they are $7,000 less. so i was thinking of purchasing one of those and just installing the same tile or wood. but if install wood should it be the same color as the cabinets? i think that might be to dark.....

 

Yeah don't get it too upgraded. Builder kills you on upgrades. Also read the contract very very very very carefully. Too many times have I seen closings fall apart because the builder charges a fee of like $20,000 cash that the lender won't finance.

 

I dont think so. It should appreciate as fast as any other home/condo in the same area.

 

i'm not buying from the builder. all the condos here were pre-construction sold. they were mostly bought by investers

 

Not true at all.

You will in most instances see appreciation with a new home unless you are over paying to get into the home.

 

Nice looking place! Congrats on your new home. I just sent in the pre-qual papers for a new place in Sarasota, here's the floor plan: http://siestapointe.com/fllor_plans.htm We are planning on flipping it in 2-3 years. I've always wanted a 2nd home in Sarasota/Siesta area.

 

looks nice, i wanted a garage but those start at 310,000 in this neighborhood

 

thanks bro, now let's see if I get it or not. The last building sold out in just under 2 hours. This unit's going for 579K.

 

jeez, my limit is 250k

 

Don't get caught in the hype.

 

The only hype I'm aware of are an average of a 28% gain in real estate values yearly, for the last 7 years in Sarasota. This year alone, the values of a like properties from Jan. to the present are up 44%. I wanna jump in, live there periodically and sell after two years to take advantage of no reportable capital gains.

 

lol you think that's bad..my parents just bought another 'tear down' house in avalon, nj ...for 2.5 mil

 

Riiiight, well I for you. Sounds like a good sales pitch someone gave you. As I am saying, don't get caught in the hype.

 

 

Clash of the egos. Lawyer vs Broker

 

haha...we have these all the time. typical thread scenario:

someone posts something that could be interpreted as bragging by some
someone decides to take them down a notch
flame war ensues
no one wins
thread dies off and conflict is forgotten

LOL

 

Yeah I do notice that Chief F1's posts might seem like that. I don't think he's bragging. I don't think BigPimp thinks he is neither. I think it's an argument of ideas.