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Regular Visitor
eduardo
Posts: 2
Registered: ‎04-05-2011

condo in lawsut

how much will u pay for the land

ZipRealty Agent Council
Len Malena
Posts: 396
Registered: ‎03-29-2010

Re: condo in lawsut

Which home/condo are you asking about?

OC Realtor
LMalena@ziprealty.com
949-459-6752
Regular Visitor
eduardo
Posts: 2
Registered: ‎04-05-2011

Re: condo in lawsuit

Im talking about the one in 2610 N Tustin #G I would also like to know if it is a good investment since Im a first time buyer .

 

 

 

 

ZipRealty Agent Council
Len Malena
Posts: 396
Registered: ‎03-29-2010

Re: condo in lawsuit

This would be a risky investment. There is a pending lawsuit over the exisitng land lease, which now is only $42/month but could go as high as $2,000/month. There is also a monthly HOA payment of $325/month.

The landlease lawsuit is what's driving the prices so low there.

OC Realtor
LMalena@ziprealty.com
949-459-6752
Occasional Collector
barneycabus
Posts: 1
Registered: ‎05-08-2011

Re: condo in lawsuit

That is a major difference in payments!  not worth the risk.