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cj5orion
Nomad
Posts: 336
Registered: 2-6-2010
Location: Pacific Beach/Gonzaga Bay
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Mood: time for a cervaza !!!
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wow doug's sellin his house...papa fernandez
thought he was a "fixture" there .
http://www.papafernandez.com/forsale.html
Home Remodels/Builds..Recession!
Gone BAJA BUILDIN/FISHIN !
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Hook
Elite Nomad
Posts: 9006
Registered: 3-13-2004
Location: Sonora
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Mood: Inquisitive
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Classic "Baja Rustic" motiff inside.
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bufeo
Senior Nomad
Posts: 793
Registered: 11-16-2003
Location: Santa Fe New Mexico
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Doug and Peggy have a nice place there. That's a fair price, too, for all that the buyer gets.
Allen R
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norte
Super Nomad
Posts: 1163
Registered: 10-8-2008
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Price? probably not in todays market but good luck.
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DianaT
Select Nomad
Posts: 10020
Registered: 12-17-2004
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Maybe I missed it, but is this on leased land or do they have title?
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Hook
Elite Nomad
Posts: 9006
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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| Quote: | Originally posted by norte
Price? probably not in todays market but good luck. |
Who can really say what "today's market" is? Are their comps in the neighborhood that have all those toys and amenities?
That looks like a lot of retirement fun for 130k to me.
Admittedly, I dont look at potential retirement homes for their investment value.
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
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Mood: Sling time!
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hook is dead nutz on here.
man i couldn't believe all the detailed inventory. they put a ton of work in that and hauling all that stuff down. what's the value for that??
thousands.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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norte
Super Nomad
Posts: 1163
Registered: 10-8-2008
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Understand Hook. And I wish these people well. I am sure it cost a lot of money. But everyone I talk to say nothing is selling unless it is way
below market value. People are just staying North or not spending great amounts of money. The days of a Baja investment seem to be gone and those
who did invest are going to lose money if they sell now. Also isn't this are kind of a niche area without a lot of amenities.
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djh
Senior Nomad
Posts: 936
Registered: 1-2-2005
Location: Earth mostly. Loreto, N. ID, Big Island
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Mood: Mellow fellow, plays a yellow cello...
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Wow,
What a great spot!
And well equipped, eh? The only thing missing is my sailboat on a mooring bouy out front in that well protected bay!
Yes, is this leased land or ?
djh
Its all just stuff and some numbers.
A day spent sailing isn\'t deducted from one\'s life.
Peace, Love, and Music
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djh
Senior Nomad
Posts: 936
Registered: 1-2-2005
Location: Earth mostly. Loreto, N. ID, Big Island
Member Is Offline
Mood: Mellow fellow, plays a yellow cello...
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| Quote: | Originally posted by norte
... everyone I talk to say nothing is selling unless it is way below market value. People are just staying North or not spending great amounts of
money. The days of a Baja investment seem to be gone and those who did invest are going to lose money if they sell now. Also isn't this are kind of a
niche area without a lot of amenities. |
AKA: A great time to buy in Baja . . . low demand, comparitively low prices . . . sounds like buyers market to me
Its all just stuff and some numbers.
A day spent sailing isn\'t deducted from one\'s life.
Peace, Love, and Music
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norte
Super Nomad
Posts: 1163
Registered: 10-8-2008
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at around $50k yes. look in real-estate available on this forum.
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Barry A.
Select Nomad
Posts: 10007
Registered: 11-30-2003
Location: Redding, Northern CA
Member Is Offline
Mood: optimistic
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Location, location, location--------------I will go with the asking price---------seems highly reasonable to me considering-----------. The
"pavement" will change EVERYTHING. Now is the time to move on it------------
Barry
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BajaBlanca
Select Nomad
Posts: 13166
Registered: 10-28-2008
Location: La Bocana, BCS
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what a gorgeous piece of property and location. wow....
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ElCazadorAZ
Junior Nomad
Posts: 58
Registered: 11-6-2011
Location: Arizona Territory
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Looking at houses in the AZ (collapsed) market, I told my realtor that these days, money talks. She looked me in the eye and said" "Oh no Hunter. In
this market? Money SCREAMS". Never heard that before. Rather chilling.
Looks like a Helluva nice place. Somebody's gonna get a bargain..... H.
"If we're all thinking alike, somebody's not thinking." Gen. George S. Patton
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
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Mood: Sling time!
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AZ stats were just released this week - another 9% drop in values for existing homes.
the bottom just keeps falling here.
thx a fricking lot Senators Dodd and Frank. 
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
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| Quote: | Originally posted by capt. mike
AZ stats were just released this week - another 9% drop in values for existing homes.
the bottom just keeps falling here.
thx a fricking lot Senators Dodd and Frank. |
Supply and demand my friend....not enough people want to buy houses in Arizona at the current prices....
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
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| Quote: | Originally posted by capt. mike
AZ stats were just released this week - another 9% drop in values for existing homes.
the bottom just keeps falling here.
thx a fricking lot Senators Dodd and Frank. |
Another one that has to, just has to
make a political comment.
Start blaming your local politician first. Bajaboy has it right. otherwise how come many of our other states have turned around.
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
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Mood: Sling time!
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they're selling fine. just below what it costs to build new.
this was a fall out of the sub prime mtg mess which Fannie and Freddie allowed to happen.
it caused a bigger boom in 2006 for the sun belt than other parts and so we got the worst of the fall out.
Banking oversight did not happen. that is what started the tankage.
then they started with all the help, saving AIG for starters.
from there it only got worse plus the ARAR and the TARP funds BS.
nearly 15 trillion in debt we are.
better start learning Mandarin.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
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| Quote: | Originally posted by capt. mike
they're selling fine. just below what it costs to build new.
this was a fall out of the sub prime mtg mess which Fannie and Freddie allowed to happen.
it caused a bigger boom in 2006 for the sun belt than other parts and so we got the worst of the fall out.
Banking oversight did not happen. that is what started the tankage.
then they started with all the help, saving AIG for starters.
from there it only got worse plus the ARAR and the TARP funds BS.
nearly 15 trillion in debt we are.
better start learning Mandarin. |
so in other words, the values were overstated and now the market is correcting that mistake....sounds very capitalistic to me...
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Barry A.
Select Nomad
Posts: 10007
Registered: 11-30-2003
Location: Redding, Northern CA
Member Is Offline
Mood: optimistic
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| Quote: | Originally posted by Bajaboy
| Quote: | Originally posted by capt. mike
they're selling fine. just below what it costs to build new.
this was a fall out of the sub prime mtg mess which Fannie and Freddie allowed to happen.
it caused a bigger boom in 2006 for the sun belt than other parts and so we got the worst of the fall out.
Banking oversight did not happen. that is what started the tankage.
then they started with all the help, saving AIG for starters.
from there it only got worse plus the ARAR and the TARP funds BS.
nearly 15 trillion in debt we are.
better start learning Mandarin. |
so in other words, the values were overstated and now the market is correcting that mistake....sounds very capitalistic to me...
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It IS Capitalistic------finally. But all these girations and people losing their homes was NOT necessary since many should not have been in their
homes to begin with. Capt. has it right!!!! IMO.
EVERYTHING is poliltical, these days-----and I hate that.
Barry
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