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Old 07-14-2017, 09:49 AM
 
7 posts, read 4,667 times
Reputation: 10

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Hello

Put an offer on a codo in Shoma but after reading this posts I'm a little nervous pls help is this a bad neighborhood
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Old 07-14-2017, 08:14 PM
 
292 posts, read 349,267 times
Reputation: 207
yes it is, know someone who bought there 12 years ago and was okay was it was new and he is still down 30% in value. The place is pretty bad, did you not drive around and see the people hanging out who live there?
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Old 07-15-2017, 01:15 PM
 
7 posts, read 4,667 times
Reputation: 10
I drove around during the day and evening. During the day there wasn't too many ppl around but in the evening there was a few that looked a bit shady but then there were others that looked fine...
I put in an offer 5k less than asking price and they accepted but. So I'm second guessing buying it. Is your friend still there?
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Old 07-16-2017, 04:42 AM
 
Location: West Palm Beach
207 posts, read 210,916 times
Reputation: 326
I hope you had an inspection clause in your offer so back out after the inspection if you want. Sounds like you needed to have done a bit more due diligence before your offer. Hopefully this will work out for you and be a lesson learned.
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Old 07-16-2017, 09:53 AM
 
292 posts, read 349,267 times
Reputation: 207
my friend is still there yes, he is looking to sell and get the heck out of there. He recently married and plans on having kids and he being there 12 years now knows it is a hell hole. if you are interested in buying his unit I ma sure he will offer a good deal as he wants out
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Old 07-17-2017, 07:07 AM
 
7 posts, read 4,667 times
Reputation: 10
I backed out of the offer. Thank you all for your good advice!
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Old 07-17-2017, 09:22 AM
 
Location: South Florida
4,780 posts, read 5,319,176 times
Reputation: 4823
Quote:
Originally Posted by Kimcole98 View Post
I backed out of the offer. Thank you all for your good advice!
whew!
Good for you OP!
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Old 07-17-2017, 10:29 AM
 
7 posts, read 4,667 times
Reputation: 10
😊
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Old 07-17-2017, 01:19 PM
 
292 posts, read 349,267 times
Reputation: 207
you made the right move,
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Old 07-18-2017, 09:59 AM
 
7 posts, read 4,667 times
Reputation: 10
Thanks Steve! I appreciate it
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