Nor Calif Bay Area Condominium, is it a good investment ?

2 Replies


I am analyzing my very first deal. The part about preforeclosure concerns me. Would you buy it? I can do 20% downpayment unless there is a better option for the downpayment that you know. Maybe offer less than $190? The property is located in Sonoma County CA., wine country. 3% unemployment, buyers market right now.  any advice or feedback is more than welcome. Thank you.


Just be careful with condo units. You will have an HOA and special assessment at some point in time depending on how old it is. There can be random weird rules by HOA and they also have a monthly fees which go up every year.

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