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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by wessongroup
Any new thoughts on real estate now.... |
Yeah. I think you should come down here and buy my house. 
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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Hey, Wiley, go look at it. It's a great place with a killer view.....bring Dennis a couple of cases of Pacifico (and some tamales) and he might deal
with you!!!!!!
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k-rico
Super Nomad
Posts: 2079
Registered: 7-10-2008
Location: Playas de Tijuana
Member Is Offline
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I'd say it's a buyer's market.
"When there's blood in the streets, buy real estate."
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wessongroup
Platinum Nomad
Posts: 21152
Registered: 8-9-2009
Location: Mission Viejo
Member Is Offline
Mood: Suicide Hot line ... please hold
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Was just talking with someone about the "pride of ownership"... this is the first time in my life I DON'T have to take care of a place...
Last week the refrigerator when out, the roof had to be fixed, the washer messed up, and all the front windows had to be caulked between the rain
storms, plus we had a couple of electrical shorts that had to be worked on.. as for me.. all I had to do was pick up the phone and it all happened
And when they left after fixing all this crap.. I didn't have to reach for my wallet .... it was ... well just wounderful .. have not rented in over
40 years.. and at this stage of my life buying a home.. well let's just say, I'm really taking my time.
Not saying I have ruled it out, but just taking my time.. my have mentioned was "kicking dirt".. a fella had an acre of dirt with an unobstructed view
up about Popotella, had wanted $300,000 in 2007.. I offered him $125,000.. he said no.. but two weeks later he had reconsidered, as I have.
Continue to get excellent advise from you great folks here on a number of issues, which have really been helping me in the process...
I'm going to see what happens.. not sure things are going to be as good as a lot of people think..
Waiting for the garnishing of teeth, the sounds of pigs being slaughtered, of women wailing and a lot of other really bad stuff to happen before I
start moving anywhere..
If I wasn't so old and messed up... that Doge Power wagon with a camper sounded pretty good to me... or, a good horse and a pack mule... only you guys
can afford one of these new fangled Toyota Tacoma's I have to drive a used Ford..
As for the beer and the tamales... no problem the Ford has a really big trunk.. would just love to sit and drink a few beers eat some good food and
look at the ocean... it's really nice to do just that... doesn't cost a lot and the view is just great
Plus I like the cool weather up this way... have been hearing these stories about "heat" existing to the south of us... you know like Vegas with
humidity..
[Edited on 1-26-2010 by wessongroup]
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roamingthroughbaja
Nomad
Posts: 143
Registered: 11-16-2007
Location: La Paz, BCS
Member Is Offline
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We're finding that prices in the La Paz/Centenario area are all over the board right now. We have a brand new home listed, 1800 f2 , well built and
nicely finished, that started out at $359,000 US and is now $309,000 US, but still no interest. A Mexican client raised the price on his 1100 f2 new
home from $92,000 to $105,000. There wasn't a lot of interest at $92,000, so raising the price might not be a good strategy. We also have a new home
of 818 f2 listed at $49,900. It's not quite finished yet, but it will be interesting to see what happens, as you would be hard pressed to find a
cheaper new home in the area for less. Basically, there are a lot of listings, and I think the prices would come down if there were some buyers, but
there doesn't seem to be much interest at any price right now. (The exception being the one gated community in El Centenario...pricey, but selling
very well)
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by bajaguy
Hey, Wiley, go look at it. It's a great place with a killer view.....bring Dennis a couple of cases of Pacifico (and some tamales) and he might deal
with you!!!!!! |
You got it, Terry. With those commodities, we could make a trade. 
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by roamingthroughbaja
Basically, there are a lot of listings, and I think the prices would come down if there were some buyers |
That's the problem. I could put up a sign, FREE HOUSE, and nobody would see it.
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Russ
Elite Nomad
Posts: 6742
Registered: 7-4-2004
Location: Punta Chivato
Member Is Offline
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Nothing has moved here for long awhile and I'd certainly do some creative negotiating on my 3/4+ acre waterfront lot now. I'm not making a pitch to
sale, I can wait, but I think that is the general attitude of sellers around here.
Bahia Concepcion where life starts...given a chance!
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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Two oceanfront houses near me are for sale. Both have income producing units. One was listed in 2005 for $50K- now asking $275K. the other was $95K
in 2005- now asking $295K. I'd start at the 2005 prices and go up a little- not start at the asking price and negotiate down. Both are listed on
the TJ Craigslist.
You got the best part right Wesson- The point of moving here is to relax with great tamales, a cold beer and good family/friends while watching the
sun set over the ocean every day for the rest of your life. You have a great mindset and analytical approach. IMHO you will find and obtain what you
are looking for because you are approaching it the right way.
Even with all the whining and complaining I do here on BajaNomads- I wouldn't leave here. I do spend an hour or so on-line venting- but the other 23
hours I put that all away and just enjoy it here, especially the ocean view. I'll be interested to see where you end up.
And you must have really really good luck to find a landlord so responsive as you have- or you are paying way to much in rent . 
[Edited on 1-26-2010 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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wessongroup
Platinum Nomad
Posts: 21152
Registered: 8-9-2009
Location: Mission Viejo
Member Is Offline
Mood: Suicide Hot line ... please hold
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Woooosh, I got such a deal here I think we will be extending our stay though the summer too... and yes they do take care of me and the place.. just a
great bunch of folks.. as are there dogs
We like the owner of the land, and we hear nothing but good things about my "El asesino de rata", he has free rein over the campo.. I just trying to
keep him from donning his usual cammo
They lady we rent from likes us too, as do our neighbors... overall it's been a really nice stay here in El Pescador and we feel very lucky to have
gotten the opportunity to meet some many kind and thoughtful people.
I have people open doors for me, I'm messed up from back surgery, pick up my cane.. treat me like their grandfather.. something I never experienced up
State side.. not to say it doesn't happen, just that I did ever have a woman open a door for me and smile at me.. or have a man come over and pick up
my cane...
I was up at the CVS in Imperial Beach, about a month and a half ago... had to get a leg brace for me knee, had fallen down and fractured my knee here
in the house we are renting.. the stairs from hell as I call them.. they have stairs going into each bed room, and short steps just about every
where.. patio, walkway, driveway.. just took a while to remember to go "even" slower than I usually do..
But, at CVS I'm trying to pick up medication, and get a knee brace.. I asked this woman behind the counter, who had watched me walk all the way from
the front doors to the back of the store where the Pharmacy was located, with my cane and a heavy limp from my messed up knee (had gotten water on the
knee too) .. tells me its behind me and three aisles to my right.. there were 4 people behind the counter.. and not one offered to help me..
I have not found the people down here to be of this nature.. they have respect for most everyone, they conduct themselves with a polite manner which I
like.. and there work ethic.. well, it's something I have not seen in a while.
And the bottom line, I feel very thankful to the Mexican people for treating me so good, as I have not see they same treatment when they are on the
other side. I'm in their Country, and try to show as much respect to them as I can. I try also to help out in any small way that I can to repay their
collective kindness, tolerance and smiles
It all good in my book and it's about time for me to "nuke" a burrito or "steam" a tamale.. the wife say one does not "nuke" a tamale.. going to make
up some Pico digio to go with it, if we have run out.. I'm dead stuck on that stuff big time..
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bajabass
Super Nomad
Posts: 2016
Registered: 10-4-2006
Location: La Paz,BCS
Member Is Offline
Mood: Want to fish!!!
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The timing for new activity on this thread is great. I hope I can find a reasonably good deal on a house or lot in Baja Sur in the next year or so.
Cruising craigslist, prices are all over the board. Need a trip down soon, to see a few places mentioned in threads here, and on craigslist.
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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Wesson: The respect Mexicans have for their elders is cultural and wonderful. I think it is because we all have very big extended families down here
and nothing is more important than family.
One funny observation: When my mother-in-law is standing at the window- with young people blaring their car stereo systems and drinking/dancing on
the street below- they look up and ask if the music is too loud for her. If I'm standing there- they crank it up. We laugh about that and have
teased her we are going to put a life-size photo of her in the window for when she is out of town.
Sorry to hear about your current physical challenge. The stairs are uneven in my house too and I sometimes land flatfooted and have taken a spill-
and I designed the house. lol. I think it's because the USA has uniform stair height requirements and we have become accustomed to stepping the
same height all our lives- then we come here and we need to look at our feet once in a while, especially in the dark.
A few weeks ago I was walking with the mother-in-law on the beach- hold her arm as we went along. She tripped on a piece of seaweed and we both went
down and rolled around in the sand for a while. We didn't get hurt but we looked so pathetic a few surfos came over to help us up. WE laughed the
rest of the day about the "dos vejitos" floundering on the beach. It's a good place to be old.
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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BajaGringo
Ultra Nomad
Posts: 3922
Registered: 8-24-2006
Location: La Chorera
Member Is Offline
Mood: Let's have a BBQ!
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Great posts Wesson and Woooosh...
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
Member Is Offline
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I agree Ron, it illustrates one of the biggest reasons we love Mexico so much.
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jgreenlaw1
Newbie
Posts: 20
Registered: 1-22-2010
Location: Orange County, Ca.
Member Is Offline
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Im selling my house in Ensenada right now. I cant afford to make the trips anymore, also the crime on the road is scarry. Ive heard from friends
about kidnappings and problems with police and badito's. House has been broken in 3 times.
I have been unemployed for 3 months, can no longer afford the combination of gas to get down there, electricity, phone, upkeep.
The economy was the final straw. By by o----o house in ensenada. 
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k-rico
Super Nomad
Posts: 2079
Registered: 7-10-2008
Location: Playas de Tijuana
Member Is Offline
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| Quote: | Originally posted by jgreenlaw1
Im selling my house in Ensenada right now. I cant afford to make the trips anymore, also the crime on the road is scarry. Ive heard from friends
about kidnappings and problems with police and badito's. House has been broken in 3 times.
I have been unemployed for 3 months, can no longer afford the combination of gas to get down there, electricity, phone, upkeep.
The economy was the final straw. By by o----o house in ensenada.
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Please put an ad in the real estate section with photos and price.
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jgreenlaw1
Newbie
Posts: 20
Registered: 1-22-2010
Location: Orange County, Ca.
Member Is Offline
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I found a buyer, thanks
Im pritty sure I got out of it what I put into it.
I was getting tired of the boarder too.
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DrTom
Nomad
Posts: 183
Registered: 6-17-2007
Member Is Offline
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im not an expert for sure. but i have an opinion like everyone else. i made a decision to build a beautiful home in baja vs putting the money in the
market. reason being i cant spend winters in my 401k/rrsp. and the downside to real estate is also its beauty....illiquidity. because its illiquid, it
didnt evaporate like the market....meaning, half the square footage didnt dissappear.....ok, the sales price in todays market is down, but the last
thing you want to do is to "have" to sell a property at an inopportune time. so if i need or want to sell my home, ill do it (if i can) when the
market is way up.....i think it will come back because internationally, the market here is way fair for resort ocean front.....dont compare it to
us...and us ocean front is still pretty good....compare it to uk, france etc.....the other great deal is british columbia real estate....i cant
believe thats as reasonable as it is..... but back to baja....im done with houses on rivers that flood etc...i built in a gated community that was a
little expensive for the land but is a better "known commodity" compared to buying a lot on the water and waiting for the utilities to come in....or
out in the middle of nowhere....so bottom line....it will come back....it might take 5 yrs, 10 yrs.....but the weather will not change and thats why
it is desirable here otherwise theres a lot of great realestate in ketchikan for sale....
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Udo
Elite Nomad
Posts: 6364
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
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Living in a large RV on a waterfront palapa is looking real good about now...HUH?
Udo
Youth is wasted on the young!
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Donjulio
Nomad
Posts: 376
Registered: 5-19-2009
Member Is Offline
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| Quote: | Originally posted by bajabass
The timing for new activity on this thread is great. I hope I can find a reasonably good deal on a house or lot in Baja Sur in the next year or so.
Cruising craigslist, prices are all over the board. Need a trip down soon, to see a few places mentioned in threads here, and on craigslist.
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I think you are right on with this plan. I would wait until the end of 2010 and then go with cash. There are some at bottom price now but I think you
will find a lot more a year from now when people realize the economy isn't even close to turning around.
I think we are going to see people walking away from properties. They are already doing it in San Felipe.
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