Preconstruction or existing condo purchase

ericichon New member

Member since 06 July 2023

ericichonNew member06 July 2023 21:39:22

Hi everyone,

I鈥檓 Eric, currently living in LA but thinking of moving to PV.聽 I鈥檓 having a hard time choosing between a buying a preconstruction condo or an existing one. Hoping some of you might share your experience or any insights. Thanks all!

Michael Asay Member

Member since 12 May 2023

Michael AsayMember07 July 2023 01:55:32

@ericichon

Better to just rent! Cheaper!

Glad yr getting outta that terrible LA!!

I have some contacts tho, so let's keeps in touch. Landlords are starting to sell their individual apartments at great deals, like a lil over 100,000

Michael Asay Member

Member since 12 May 2023

Michael AsayMember07 July 2023 01:57:43

@ericichon

Also, I wouldn't do preconstruction. People have had probs with this When are you coming?!!

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OutAndAboutVillas Member

Member since 07 July 2023

OutAndAboutVillasMember07 July 2023 14:28:06

I'm from LA also and living 50% of the year in PV. We've purchased both pre-construction and resale, and were fine on both. For pre-construction, I would just recommend choosing a well established, reputable builder. We used a real estate attorney in addition to the real estate agents, that was very helpful. Welcome to PV!