Comments on: Why some Charlottesville condos are risky http://www.realcentralva.com/2007/03/20/why-some-charlottesville-condos-are-risky/ Tracking Charlottesville's Real Estate Market since 2005 Sun, 12 Feb 2012 23:56:00 +0000 hourly 1 http://wordpress.org/?v= By: Condos Are a Shifting Market - Even in Charlottesville and Albemarle | Real Central VA http://www.realcentralva.com/2007/03/20/why-some-charlottesville-condos-are-risky/#comment-25689 Condos Are a Shifting Market - Even in Charlottesville and Albemarle | Real Central VA Mon, 23 Feb 2009 19:31:02 +0000 http://www.realcentralva.com/2007/03/19/why-some-charlottesville-condos-are-risky/#comment-25689 [...] Why some Charlottesville condos are risky [...] [...] Why some Charlottesville condos are risky [...]

]]> By: “Official” Real estate Market report for Charlottesville area | Real Central VA http://www.realcentralva.com/2007/03/20/why-some-charlottesville-condos-are-risky/#comment-15556 “Official” Real estate Market report for Charlottesville area | Real Central VA Mon, 14 Apr 2008 11:01:48 +0000 http://www.realcentralva.com/2007/03/19/why-some-charlottesville-condos-are-risky/#comment-15556 [...] - Why some Charlottesville condos are risky [...] [...] – Why some Charlottesville condos are risky [...]

]]> By: Jim Duncan http://www.realcentralva.com/2007/03/20/why-some-charlottesville-condos-are-risky/#comment-4499 Jim Duncan Mon, 19 Mar 2007 18:07:16 +0000 http://www.realcentralva.com/2007/03/19/why-some-charlottesville-condos-are-risky/#comment-4499 Joshua - Absolutely. I have told several clients to wait and rent when they are more comfortable with the market and/or more comfortable with their finances. For some, however, if they can rent the same place for $900 versus a mortgage of $1200 (which I have seen in this market), renting may be a much better option. One reason that many choose to rent rather than buy here is that Charlottesville has become a fairly transient town for variety of reasons. Joshua –

Absolutely. I have told several clients to wait and rent when they are more comfortable with the market and/or more comfortable with their finances.

For some, however, if they can rent the same place for $900 versus a mortgage of $1200 (which I have seen in this market), renting may be a much better option.

One reason that many choose to rent rather than buy here is that Charlottesville has become a fairly transient town for variety of reasons.

]]> By: Joshua Dorkin http://www.realcentralva.com/2007/03/20/why-some-charlottesville-condos-are-risky/#comment-4498 Joshua Dorkin Mon, 19 Mar 2007 17:59:39 +0000 http://www.realcentralva.com/2007/03/19/why-some-charlottesville-condos-are-risky/#comment-4498 Jim - You make a great point, however, remember that not everyone can or wants to own (why they wouldn't want to own I don't know). That said, there are a lot of risky investments out there. People really need to educate themselves before jumping into a piece of property. Jim – You make a great point, however, remember that not everyone can or wants to own (why they wouldn’t want to own I don’t know). That said, there are a lot of risky investments out there. People really need to educate themselves before jumping into a piece of property.

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