Looking for St. C c...
 
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Looking for St. C condo  

 

SCLawGuy12
(@SCLawGuy12)
Advanced Member
Joined: 8 years ago
Posts: 31
February 9, 2013 8:48 pm  

Looking for long term rental St. C condo available immediately or by March 1. Ideally 750-850 range. Single USVI territorial court employee from the mainland. PM if unit available.


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StCroixBeachBoy
(@StCroixBeachBoy)
Advanced Member
Joined: 11 years ago
Posts: 95
February 10, 2013 6:46 pm  

That should be a fairly easy find. That's about right given today's market. You might have to wait till 4/1 till some of the seasonals clear out. I've been following your posts; sounds like you figured out what you want. Fairly good pick. Hold out till you get what you want. You can find temporary housing in the meantime. Try Pam McFadden of Coldwell Banker or Kim Lucas of Buyer StCroix (she may have gone to Southebys). Both have always had a plentiful inventory of St C rentals.


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picaflores
(@picaflores)
Advanced Member
Joined: 8 years ago
Posts: 160

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Alexandra
(@Alexandra)
Trusted Member
Joined: 14 years ago
Posts: 1428
February 11, 2013 3:19 am  

the HOA fees at St. C's are $617 per month, so you're looking for a condo owner who doesn't have a mortgage. My property costs me nearly $1400 per month with my current mortgage payment plus HOA's. That was ok in the previous real estate market as rents were $1500-$1600 for the St. C's units. Now it's killing a lot of condo owners when rents are well below their monthly carrying costs. Consequently, many units aren't available for rent at any price as foreclosures are in progress since mortgages are all upside down now that the potential sales values are about half of what they were 4 years ago.


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