is it good deal to buy a new condo at 300K at bella Tierra by Shea Homes(1122 sq ft, 2bd 2 bath)?

John
Home Buyer
Laguna Hills, CA

Answers (4)
Harrison K. Long
Agent
Irvine, CA

If you intend to buy the Bella Tierra home at Laguna Hills as your own home, that's great. If you live in the house for at least 3 years, that would be the best. You can expect the current down market to bounce, and then you will achieve significant equity gain. If you want to buy or sell a home here in Laguna Hills or South OC, and if you want the best Realtor agent representation, please contact us.

Harrison K. Long
For the Best Real Estate search web site http://www.BuyersExploreHomes.com

Sat Nov 8 2008, 20:01
Oc Buyer
Home Buyer
CDM

Ha! We got something in the mail from Shea back in Nov saying we were pre approved for one of those properties and they were reduced to $350K. We had just closed escrow on a house up north that we paid $350K for. We thought well, $350K would have bought us that. My best friend paid $305K for a condo in Aliso Viejo that was about 10 years old in Jan '04. $300K sounds more like what it would have been priced for in 2003.

Wed Apr 23 2008, 11:08
Dp
Home Buyer
Orange County, VT

Absolutely! Laguna Hills is a great area. Not to mention the fact that these are really nice condos for the price. You can't beat south Orange County for quality of life.

Thu Apr 17 2008, 13:46
Michael La Riche
Agent
Pasadena, CA
FIRST ANSWER

John- Are you going to occupy this or are you asking as an investment?? If it's an investment, I can get you the comparable rents in the area to see if it makes sense for you. If it 's going to be your primary residence again you need to see comps and compare those to what this condo is offering, along with comparing the output of cash for a condo versus a single family residence. I live in downtown Huntington Beach and it seems there are very good buys all over, it just depends on the lifestyle you want and the budget. I'll be glad to take this to the next step if you wish.

Wed Mar 5 2008, 16:23

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