Price
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Posts: 168
Registered: 8-29-2003
Location: Las Vegas/San Felipe
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moving
anybody know the real estate market in SF - my house has mountain & sea view - 1800 sq ft - just added a front patio -
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DENNIS
Platinum Nomad
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Registered: 9-2-2006
Location: Punta Banda
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Quote: | Originally posted by Price
anybody know the real estate market in SF - my house has mountain & sea view - 1800 sq ft - just added a front patio - |
It's probably just like Ensenada. Nobody's looking, nobody's buying. It would be hard to give it away at this time. Be prepaired to wait for
better times.
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Osprey
Ultra Nomad
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Registered: 5-23-2004
Location: Baja Ca. Sur
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Grover, still not much mortgage market in Baja California. Maybe price paid cash or built his own house for cash. If he just closed it up he would be
bailing on himself. What a concept. You don't think he would trash it first do you? Saw a news item yesterday I guy trashing his own place during the
foreclosure process. The cops were loath to stop him. They needed somebody to go get the trust deed, show the solid mortgage interest, have him thrown
in the calaboso. Who says Mexico has a weak legal system?
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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Quote: | Originally posted by DENNIS
It's probably just like Ensenada. Nobody's looking, nobody's buying. It would be hard to give it away at this time. Be prepaired to wait for
better times. |
Three new houses started at the Baja Country Club when we were down last week.
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DENNIS
Platinum Nomad
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Location: Punta Banda
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Quote: | Originally posted by bajaguy
Three new houses started at the Baja Country Club when we were down last week. |
I have to admit one gets a pretty good bang for the buck at BCC. The propertys are well worth the price and include land ownership. [that'll cost you
three Pacificos, Terry]
That being said, I don't think the area is representitive of Ensenada in general. Maybe it's the golf course that sets it apart. Real estate offices in other areas that deal with foreigners are dormant.
The occasional tire kicker that knocks on ones door responding to a 4-sale sign is virtually non-existant. We'll wait and see what the crowds are
like over the Fourth. It will say a lot about the border and tourism today.
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Fred
Senior Nomad
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Registered: 3-15-2007
Location: Las Vegas
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Mood: Laid Back
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Price....check your U2U's
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Price
Nomad
Posts: 168
Registered: 8-29-2003
Location: Las Vegas/San Felipe
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Was just considering the idea of moving - guess I will unconsider it ! Don't have to move it was just a thought -
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toneart
Ultra Nomad
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Registered: 7-23-2006
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Quote: | Originally posted by Price
Was just considering the idea of moving - guess I will unconsider it ! Don't have to move it was just a thought - |
No, don't give up on a dream. This forum is just one source of information. But you need to spend a few days in Baja to check out the RE market for
yourself. Conditions are always changing. One reason for the slowdown in Baja is because people in the United States don't have the kind of disposable
income any more that it would take to buy a 2nd home in Baja. We don't know your personal situation, but if you are considering a move, you may be
able to find a good primary residence at a reasonable price.
I am not in San Felipe and I certainly don't know the SF market or your personal situation. There is no more reliable source than your own research by
going there.
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DENNIS
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Quote: | Originally posted by toneart
I am not in San Felipe and I certainly don't know the SF market or your personal situation. There is no more reliable source than your own research by
going there. |
I think he has a place there, Tony. He's considering selling it when the time is right.
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toneart
Ultra Nomad
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Registered: 7-23-2006
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Quote: | Originally posted by DENNIS
Quote: | Originally posted by toneart
I am not in San Felipe and I certainly don't know the SF market or your personal situation. There is no more reliable source than your own research by
going there. |
I think he has a place there, Tony. He's considering selling it when the time is right. |
Oops! Jeez, Grover and I are full of good ideas that don't apply because we read too fast and think too slow. Thank you Dennis!
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larry
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Registered: 8-22-2005
Location: Orinda, CA
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Quote: | Originally posted by DENNIS
Quote: | Originally posted by toneart
I am not in San Felipe and I certainly don't know the SF market or your personal situation. There is no more reliable source than your own research by
going there. |
I think he has a place there, Tony. He's considering selling it when the time is right. |
Toneart's advice is still true, however...he should do research including talking to several professionals, not rely strictly on random opinion
expressed on this forum.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Quote: | Originally posted by larry
Toneart's advice is still true, however...he should do research including talking to several professionals, not rely strictly on random opinion
expressed on this forum. |
I agree as well although I have a house for sale and know first hand the problems he will face and, assuming you've kept up with the tourism woes in
Baja, you'll know as well as I, or any professional, the buyers are staying away.
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CortezBlue
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Registered: 11-14-2006
Location: Fenix/San Phelipe
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I think it depends on where you are located. At PDO they are building about 4 houses near and around me.
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