We recently sold our home, and selected Laguna Oaks as the place to buy and retire. Our offer of 200k was rejected, because the offer was too low. Now they are way below that and I wouldn't buy there if they gave me a condo, (well if the price was right.) All this took place within the last two months. When you go to the property the staff doesn't even know what they are doing, the answer we get is ---(We are renting, we're selling and now we are renting, selling and auctioning. We are taking owner occupied tenants, speculators, and anyone that wants to live here.) \r
I thought that it was an excellent place for retiree's, walking distance to everything. Now??? Section 8 OK?? \r
Another point to bring up is they refurbished the apartments, but as was pointed out by another Realtor...did they upgrade the heating and AC...I was told no.\r
The latest, joke is the auction ad. Only a couple of condo's are 95k. The rest of them, you could walk in and buy for the auction price now. Now for the next step. They want to make the bidders jump through hoops just for the privilege of bidding. Maybe it's because the prices are a lot higher where the main office is located??? Who knows.\r
The reason I am writing this review is that I wanted to live here, but they have made a joke of the situation. I spoke with a couple of tenants that were in the process of moving and they just told me to walk out and pretend that Laguna Oaks didn't exist.\r
Oh well, what I can see happening now is that a Realtor or investor will buy the whole complex and turn it back into a rental situation. That would be better than requiring sales to require owner occupied, while renting out the other apartments, to walk-ins. \r
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My advice: steer clear, unless you have time to deal with the BS.
Pros: EXCELLENT LOCATION
Cons: PROPERTY MANAGEMENT PROBLEMS
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