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Has anyone moved into the waterfalls on ocean?

Started by 4Greenes
over 14 years ago
Posts: 4
Member since: Nov 2009
Discussion about
We drive past this development everyday, and there are never any lights on, except for the lobby and in the back. Odd that it's listed as 51% sold. It will be interesting to see what happens with this.
Response by mh330
over 14 years ago
Posts: 105
Member since: Oct 2006

There are definitely people living there (i have a friend living in the building and she confirms that about half is full). Most likely people bought on the back side of the building, which is a) sunnier and b) quieter.

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Response by maly
over 14 years ago
Posts: 1377
Member since: Jan 2009

It doesn't look like any unit has closed yet.

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Response by mh330
over 14 years ago
Posts: 105
Member since: Oct 2006

Units have closed. As mentioned already, people are living in the building. My friend has been closed and moved in for 4 months.

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Response by maly
over 14 years ago
Posts: 1377
Member since: Jan 2009

It's interesting. None of the sales have been recorded yet.

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Response by 4Greenes
over 14 years ago
Posts: 4
Member since: Nov 2009

I checked under 1138 Ocean Avenue, as I seem to remember that was the original address of the site, and saw some sales listed there. Not very many in the front though, which would explain why the building looks vacant. Probably has alot to do with the asking prices.

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Response by babyttblue
over 14 years ago
Posts: 2
Member since: Apr 2012

mh330,where did your friend get his/her loan? Is she/he enjoying the new condo?

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Response by babyttblue
over 14 years ago
Posts: 2
Member since: Apr 2012

mh330, did you friend use the preferred lender? Do you know which Bank/lender was used? Thanks a lot!

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Response by SMBJ279
over 14 years ago
Posts: 1
Member since: Apr 2012

I, too, would love more info from your friend, mh330. We are considering purchasing one of these units. I have mixed feelings about the place, the building, the neighborhood, etc. Not really crazy about being on the front side...

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Response by mh330
about 14 years ago
Posts: 105
Member since: Oct 2006

Oops, didn't see these questions until now, sorry!

My friend likes it a lot, likes her building, likes the neighborhood. She was advised by her broker against ever using the preferred lender for a building, so she didn't, though i'm not sure of the reasoning for that advice. Not sure what bank she ended up going with.

Apparently there is a line of apts that are being sold as-is by the developer, that have bad pipes that bang like crazy (like old steam heat systems), so beware if you're thinking of those apts.

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