Preconstruction or existing condo purchase

Member since 06 July 2023

ericichonNew member06 July 2023 21:39:22

Hi everyone,

I’m Eric, currently living in LA but thinking of moving to PV. I’m 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!

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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!