All this time that I have been looking for a house in Rancho Santa Fe, I thought I had figured out what are all the neighborhoods/subdivisions.
I thought 4S Ranch was a seperate town and did not know it was part of RSF. Should I be looking there as well? Why do people call it 4closure ranch if it is part of RSF and why all the animosity towards that part of RSF? I know high end homes also foreclose, but the suggestion I see is that there are lots of foreclosures in 4S Ranch. Why is that?
I assume these are the same types of houses I have seen in the rest of RSF and in my price range, and of course far beyond it, but I have not seen the kind of homes RSF has ($2-$30 million!) foreclose up here like subprime loan homes have, which here are under $1 million. My own current neighborhood of barely $1 million tract homes has one that is about to foreclose I suspect. It is currently a short sale. But I have seen no foreclosures in the $2-$4 million market here (not that I have been looking for foreclosures either).
I suppose I should go ahead and finally educate myself on 4S Ranch and contact my agent about the area.
