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Subject: Park Terrace Under Water

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Brian
Posts:1476

07/22/2008 1:11 PM Alert 
First resale in 2008...

25% under developer price for the top floor.   The buyers in this building are wiped out.  Their down payments are gone! They might as well walk and let the bank take back the whole building.


253_10th_1402_San_Diego_CA_92101



http://parkterracecondos.com/floorplans.html


wilson
Posts:255

07/22/2008 1:43 PM Alert 
Thanks for the floor plan link.

I haven't seen much comment about this building. What are opinions? Floor plans look like they make open kitchen a little larger than normal at the expense of living rooms.
Brian
Posts:1476

07/24/2008 9:59 AM Alert 
#1304. Another high floor that will kill the comps.


253_10th_1304_San_Diego_CA_92101


Brian
Posts:1476

08/12/2008 1:20 PM Alert 
#202
I'm willing to be that this property will end up in foreclosure.


206_Park_Blvd_202_San_Diego_CA_92101


Brian
Posts:1476

08/18/2008 1:18 PM Alert 
#521

This is what blind "think rich" gets you:
Purchase 10/16/2007 $595,000
Now List Price: $425,000 to $475,000


253_10th_521_San_Diego_CA_92101
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 Forums  >  Condominium Communities  >  Park Terrace  >  Park Terrace Under Water
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