I just bought a new condo

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MadPeriot

Golden Member
Dec 5, 2003
1,012
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I just bought a new condo in Rancho Cucamonga, CA. 3bd, 2.5bath, 1600sqft. Its brand new and model home with all the upgrades for a good $445,000. Its close to major mall, freeway, and the airport. Will be roughly 30mins away from work and 45mins to downtown LA. This is my first time buying and already getting cold feet.

Pics will be posted soon**
 
ebaycj

ebaycj

Diamond Member
Mar 9, 2002
5,418
0
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wow. just wow. I just got basically the exact same thing in the Chicago suburbs for $198,000.

I hope you're getting PAID.

ebaycj
 
Safeway

Safeway

Lifer
Jun 22, 2004
12,075
11
81
I was just in Denison, TX (small town) and there was a fully renovated house, 3,500+ sq.ft. with a huge lot, pool, guest quarters (with bath, living, bedroom, kitchenette) detached from the main house, and a 2 car garage for friggen' $198,000!

Compare that.
 
rh71

rh71

No Lifer
Aug 28, 2001
52,844
1,049
126
that's about the price of a 3bdr/2bath 1600sqft home on LI. I know CA is slightly more expensive, but that's just insane... it's just a condo.
 
S

Sex Smurf

Golden Member
Oct 13, 2004
1,384
2
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Where do you work? I drove by Rancho C this weekend on the way to vegas. 45 minutes to downtown LA. . .that is possible if there is NO traffic.
 
7

777php

Diamond Member
Jul 17, 2001
3,498
0
0
ugh...in the bay area thats basically the same price you'll find here except without any upgrades and it'll be in a less desirable area.
 
C

Cattlegod

Diamond Member
May 22, 2001
8,687
1
0
what do you do that lets you buy a 450k house?

in SE michigan, that would buy you lake front property with a huge house.
 
RichUK

RichUK

Lifer
Feb 14, 2005
10,341
678
126
Originally posted by: freesia39
you are NOT 45 mins from downtown LA. maybe on a good day with no traffic.
Click to expand...

he's probs got a harrier jump jet aswell, he'll be able to make there in good time ;) San Andreas style :p
 
alkemyst

alkemyst

No Lifer
Feb 13, 2001
83,769
19
81
average home here is $346k that's old construction and new combined.

My brother just left Shreveport, LA, his same house that's selling for $215k under valued would be $400k+ here on less land (there are no comparables between the two on lot size).
 
IHateMyJob2004

IHateMyJob2004

Lifer
Sep 29, 2004
18,656
68
91
Originally posted by: MadPeriot
I just bought a new condo in Rancho Cucamonga, CA. 3bd, 2.5bath, 1600sqft. Its brand new and model home with all the upgrades for a good $445,000. Its close to major mall, freeway, and the airport. Will be roughly 30mins away from work and 45mins to downtown LA. This is my first time buying and already getting cold feet.

Pics will be posted soon**
Click to expand...

So, what are you going to do when the bubble bursts out there?
 
IHateMyJob2004

IHateMyJob2004

Lifer
Sep 29, 2004
18,656
68
91
Originally posted by: Cattlegod
what do you do that lets you buy a 450k house?

in SE michigan, that would buy you lake front property with a huge house.
Click to expand...

Probably one of hte door knobs that knows nothing about money. I'm guessing intrest only or negative amortization.
 
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