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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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| Quote: | Originally posted by DENNIS
I get the feeling we've been "toyed" with.
"Ask the hired help what they think, then mock them for their inability to really understand."
Enjoy your vacation cottage, lwpa. |
Not many former law enforcement people with a half-mil to blow... unless he came from Bell. 
\"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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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
Member Is Offline
Mood: undecided
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| Quote: | Originally posted by Woooosh
| Quote: | Originally posted by DENNIS
I get the feeling we've been "toyed" with.
"Ask the hired help what they think, then mock them for their inability to really understand."
Enjoy your vacation cottage, lwpa. |
Not many former law enforcement people with a half-mil to blow... unless he came from Bell. |
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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 Woooosh
Not many former law enforcement people with a half-mil to blow... unless he came from Bell. |
WOW....really??? I missed that part. It's beyond my comprehension why anyone from the LE community would choose Rosarito as a home. I would think
they would find someplace less agitated and threatening. You know....a leave it all behind you when you retire sort of thing. Oh well.....is there
such a thing as kidnap insurance?
Nonsense aside, I wish him well.
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jenny.navarrette
Banned
Posts: 275
Registered: 3-3-2011
Member Is Offline
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| Quote: | Originally posted by lwpa
I am not uninformed about Club Marena in particular or Northern Baja in general. We have been renting at Club Marena for over 10 years, and have
rented at 4 other locations for another 10 years. I have been visiting Baja for over 40 yrs. |
You said, "there is 38 yrs. left on the original 50 yr lease." If you are unaware of the difference between a lease and a fideicomiso, the fact that
you do not even understand the nature of the title on the property for which you intend to lay down $600,000 indicates that your Mexican experience is
probably very overstated. Furthermore, in you other posts you asked such basic questions as, "Do we need the FM3 Visa as we will only be staying a
maximun of 4 months a year?" and "Are the prices at the Costco in TJ about the same as the USA? What is the % sales tax?" and "Do the Pemex Stations
accept Visa Credit Cards?"
No one with 40 years in Baja could ask such basic questions. If this condo purchase is for real, you are going to get screwed. Sometimes the best way
to double your money is to fold it in half and put it back in your pocket.
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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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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by Woooosh
Not many former law enforcement people with a half-mil to blow... unless he came from Bell. |
WOW....really??? I missed that part. It's beyond my comprehension why anyone from the LE community would choose Rosarito as a home. I would think
they would find someplace less agitated and threatening. You know....a leave it all behind you when you retire sort of thing. Oh well.....is there
such a thing as kidnap insurance?
Nonsense aside, I wish him well. |
"I am ex law enforcement and have researched the violent crime stats for the greater TJ/Rosarito area and they are less than almost every US city of
similar population."
Isn't there a Rosarito club for these guys he will fit right in with?
\"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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Somehow I missed following this thread but now going back and reading it from page one I have to agree with newbie jenny on this one. In fact it
almost reads like a Rosarito RE blog trying to make the market look more "active".
But, I've been wrong before...
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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 Woooosh
Isn't there a Rosarito club for these guys he will fit right in with?
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Called "The Footprinters." They begin their cross-cultural LE activities with cleaning the toilets at the PD.
I don't think it's only in Rosarito.
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mcfez
Elite Nomad
Posts: 8678
Registered: 12-2-2009
Location: aka BN yankeeirishman
Member Is Offline
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| Quote: | Originally posted by DENNIS
I get the feeling we've been "toyed" with.
"Ask the hired help what they think, then mock them for their inability to really understand."
Enjoy your vacation cottage, lwpa. |
Sorta the point I was making in a earlier response here....but not directly. I guess I'll go back to my direct cold responses here on out...with
clowns such as this person.
Old people are like the old cars, made of some tough stuff. May show a little rust, but good as gold on the inside.
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absinvestor
Senior Nomad
Posts: 725
Registered: 11-28-2009
Member Is Offline
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I gave my two cents earlier but I totally agree with Jenny and McFez. If he had truely rented in the complex he would have known the answers to the
questions. My experience with BajaNomad has been excellent and I appreciate all the great advice I have received. Ron
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norte
Super Nomad
Posts: 1163
Registered: 10-8-2008
Member Is Offline
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and you are surprised?
| Quote: | Originally posted by DENNIS
I get the feeling we've been "toyed" with.
"Ask the hired help what they think, then mock them for their inability to really understand."
Enjoy your vacation cottage, lwpa. |
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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 norte
and you are surprised?
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I was completely duped.
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mtgoat666
Platinum Nomad
Posts: 20372
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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| Quote: | Originally posted by absinvestor
I gave my two cents earlier but I totally agree with Jenny and McFez. If he had truely rented in the complex he would have known the answers to the
questions. My experience with BajaNomad has been excellent and I appreciate all the great advice I have received. Ron |
it wouldn't be nomadlandia if there weren't skeptics, conspiracy theories, and drunk posting (I think I see all 3 in this thread)
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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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Yup, and once their thread unravels and comes apart- heaven help them here. Now he has to create a new on-line persona and start over, which is also
a Nomad tradition. huh.
\"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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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by Woooosh
Yup, and once their thread unravels and comes apart- heaven help them here. Now he has to create a new on-line persona and start over, which is also
a Nomad tradition. huh. |
The Nomadlandia Witness Protection Program. Many here have enjoyed it's benefits of resurrection.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
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This thread has made my mind up. I'm gonna take my 1/2 mil and spend it elsewhere!
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lookingandbuying
Nomad
Posts: 102
Registered: 3-15-2010
Member Is Offline
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1/2 Mil $$
I keep saying the days of 1/2 Million Dollar places are history in Baja Norte and then this guy comes along and says he is going to plunk down $580k
for a condo. Makes no sense to me considering what's happening with R.E. If this guy has been going down for the past 45 years and can not see what
has been happening to prices in the last 3 or 4 years then maybe him and his money deserve to be separated from each other, for life.
The guy's that bought places for a million or more a few years back thought it was such a great bargain. Then, they never use the place and are in
severe denial about what the place is worth...paying for up keep and HOA fees all along.
My feeling is to rent, rent, rent...rent a little longer...keep renting and if a deal of a lifetime falls on your lap maybe just maybe consider buying
the place. Even if that deal of a lifetime does come your way, it's still probably better to rent.
Just my thoughts...Glad I don't have a place to sell down there but if I did I sure would be one happy person if this guy came stumbling along.
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JESSE
Ultra Nomad
Posts: 3370
Registered: 11-5-2002
Member Is Offline
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| Quote: | Originally posted by lwpa
I agree that I probably made a mistake in asking for advice in this forum. Most seem to be focused on the price which they consider high not even
knowing the development or what similar comps have sold for in the past year.
This condo is a second home for us to be used probably at most 6 months a yr. We never said we were staying all year long. I am not uninformed about
Club Marena in particular or Northern Baja in general. We have been renting at Club Marena for over 10 years, and have rented at 4 other locations
for another 10 years. I have been visiting Baja for over 40 yrs..
As stated by some, when I posted my mind was probably already made up as I said we had already signed a purchase agreement. Why did I ask for advice
then? I was hoping someone knowledgable would provide some tips about the closing process. Instead most commented on what they consider an extremely
large amount of cash for something that wasn't worth the price without any knowledge of my personal financial condition or the particular condo.
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1/2 a million for a penthouse in Marena is a great deal, and it seems that those that really know the area and the development agree with this. I
don't see any real and valid arguments not to buy, the negatives all come down to some people thinking its too much money to spend in Baja. But, whats
too much money?? Mexicans think most americans pay way too much for real estate down here and consider them "locos" for paying so much. Americans on a
fixed income seem to think middle class americans pay too much for property, and middle class americans think rich americans spend outrageous amounts
of money for properties. So whos right and wrong?
If you can afford the condo, its a good deal, buy it. I grew up in the area most of my life, and know all the developments in the region, and Marena
is worth it.
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by norte
and you are surprised?
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I was completely duped. |
Impresionante
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skipowell
Nomad
Posts: 156
Registered: 11-9-2009
Location: San Diego
Member Is Offline
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Good Luck with all your closing issues. It does take a lot of patience as nothing seems to happen quickly down there.
I am sure you will enjoy your home there!
Eduardo Rosales is an real estate attorney in Rosarito that we used for our transactions and felt he really took good care of us. One of our
properties was a bit complicated as it was part of an estate and was also behind on payments. It might be worth having someone like him review your
stuff.
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Gypsy Jan
Ultra Nomad
Posts: 4275
Registered: 1-27-2004
Member Is Offline
Mood: Depends on which way the wind is blowing
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"There is Waterfront"
"And There is Everything Else."
Or, so I have been told.
Comment?
GJ
“Travel is fatal to prejudice, bigotry, and narrow mindedness.”
—Mark Twain
\"La vida es dura, el corazon es puro, y cantamos hasta la madrugada.” (Life is hard, the heart is pure and we sing until dawn.)
—Kirsty MacColl, Mambo de la Luna
\"Alea iacta est.\"
—Julius Caesar
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