Quite frankly, the city doesn’t have the resources to manage any more new territories.[/quote]
Why on God’s earth would SD turn down all the teeter funds from the exorbitant MR that is collected from this CFD? It’s not like they are flush with cash! This is MORE than enough to CREATE the resources to handle this extra population, IMO.
[quote=ocrenter]I’ve been all around the county on my search for a home. Given similar demographics with the OP, well except for the “mortgage will be paid off” part, I say OP will be extremely happy within the 56/Ted Williams belt way (92064, 92127, 92128, 92129, 92130, 92131). And would be quite disappointed with anywhere else. Yes, I’ll go out on a limb and say he’ll probably be quite disappointed with a 20,000 lot with 360 degree view in Tijuana. =) . . . [/quote]
ocrenter, you (and the OP) need to reread my post. Believe it or not, the Rancho Del Rey gated community of Belmonte is located 9 aerial miles north of the US/MX border and about 14 miles by road to the US/MX border. It does NOT lie within “Tijuana.” And I hope you’re sitting down when I tell you that there are many thousands of homeowners in “your demographic” who own residential property in the South County region and even a higher percentage in Rancho Del Rey, which has *newer* construction. The schools around there are top notch. A large portion of homeowners (of ALL ages) actually grew up in the immediate area.
Why don’t you pay a visit before you dismiss the area as being situated in “Tijuana?”
Here are examples of south county listings that may meet the OP’s needs. I think he will be pleasantly surprised at the MR level. These properties were originally sold as unimproved lots (just as SantaLuz) but in the early nineties. Of course, this micro-area is ALL CUSTOM and is not the ONLY custom area in the south county region – there are several more. But it has the lowest MR of all of the recently subdivided ones. The CFD funding rose higher and higher as the years wore on due to higher infrastructure and other costs.
I’ve never done an actual study, but I would bet that the South County has a higher percentage of free and clear properties than any other region of the county, with urban SD coming in a close second. Just as the OP stated, there are many people with $$ who are “unemployed” in the eyes of a lender. That includes non-citizen buyers from out of the country who have no SSN and no credit report.
What do you think these buyers use to buy property in the US? Their good looks??
