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Condominiums At 2400 McCue Rd.


pineda

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That's good news. I'm glad to see more of an interest in condos instead of just rental property. An employee of a condo development company told me that they thought that Houston had a relatively small inventory of apartments that they thought would be eligible for condo conversion.

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I am in the market to buy a condo right now. After shopping around on har.com, I came across the condos at 2400 McCue. At first I was pretty excited but after looking further into it I had my reservations. It seems like there are a lot of listings for foreclosure and previously it had lots of complaints about the make and quality of the condos.

I would love some insight into these condos. Please help!!! Thank you!

Edited by am0108
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I am in the market to buy a condo right now. After shopping around on har.com, I came across the condos at 2400 McCue. At first I was pretty excited but after looking further into it I had my reservations. It seems like there are a lot of listings for foreclosure and previously it had lots of complaints about the make and quality of the condos.

I would love some insight into these condos. Please help!!! Thank you!

I don't know about construction issues, the maintenance and condition looked good when I was in them. Well priced foreclosures in there are being snapped up like mad. I had a few reservations about the place when a client wanted to look at places there. I was concerned initially at the number of foreclosures and quite frankly, I thought of it as just a glorified apartment complex. Apparently there are plenty of people wanting them though. We bid on 4 different foreclosures and never did make a deal, even offering above asking. In some cases by several thousand. Long story.

I don't know how it is on one bedrooms, but on the 2 bedrooms the well priced foreclosures are truly getting multiple offers. That location is very desirable.

Edited by rps324
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I am in the market to buy a condo right now. After shopping around on har.com, I came across the condos at 2400 McCue. At first I was pretty excited but after looking further into it I had my reservations. It seems like there are a lot of listings for foreclosure and previously it had lots of complaints about the make and quality of the condos.

I would love some insight into these condos. Please help!!! Thank you!

Have your Realtor or lender check the owner occupied ratio in light of getting a mortgage for any of the condo conversion properties around town. 2400 McCue has an incredible location and great amenities. Also check the financial solvency of the HOA in term of reserves. The project was built a a rental property, not as homesteads and I tend to think that maintenance is more intensive for rental properties...as a flinty eyed buyer's agent, would look for a unit that was sold with the upgrade package at an non upgrade price.

The most important thing, however is the solvency of the HOA. You need to know if the banks are paying their bill, or deferring the HOA arrears onto the next buyer. This tactic by the banks can cause cashflow problems for the HOA.

Tom Johnson

http://www.ERAHosuton.com

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I am in the market to buy a condo right now. After shopping around on har.com, I came across the condos at 2400 McCue. At first I was pretty excited but after looking further into it I had my reservations. It seems like there are a lot of listings for foreclosure and previously it had lots of complaints about the make and quality of the condos.

I would love some insight into these condos. Please help!!! Thank you!

I lived there when they first opened as a Rental property back in the early 2000's. Loved the place. My apartment was a 2 bedroom in the first floor in front of the pool. Quality of apartment was good, slate concrete floor, nice size bathroom and kitchen. Best thing about the place was the great location.

Only drawback was the security in the garage area; many cases of broken in cars, usually when either of the garage door was not working and was left open at night.

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  • The title was changed to 2400 McCue Rd. Condos
  • The title was changed to Condominiums At 2400 McCue Rd.

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