[quote=bearishgurl]yellowS2K, of course utpoundpuppy (a brand-new poster) and zk are happy about their investments in Carmel Valley. utpoundpuppy states he/she bought there ten years ago and zk states he/she bought there in 2002.
The prices they likely paid for a comparably-sized property you will ostensibly purchase for $875K to $1.1M was likely =<$275K to $425K for them. Your Mello Roos bond payments may last for 40 years while theirs may be for 30 years. And your Mello Roos payments may be higher than theirs.
The investment in CV that you are contemplating now will be far higher than what these two current residents made. Just keep this in mind.
Even though your spouse is due next summer, I don’t see the rush in making such a huge decision just to move in February. As long as she doesn’t do any of the moving, you could move later than that. Please take some time next week and January to thoroughly explore your options. SD County’s prices overall have come down significantly in the last three years and you now have MANY options in your price range. You don’t want to make a mistake because you felt you had to act too fast. What if you went into escrow on new construction and then a suitable property on LJ Scenic Dr came up??
Again, just my .02.[/quote]
The mello roos on my new house (bought last month) is the same as on my old house (bought in ’02). About $100/mo.
First bg says that CV won’t hold its value, then he says it’s a lot more expensive than it used to be. Not sure how he reconciles the two. Let’s ask: bg, why do you think CV is less likely to hold value than any other particular area?
I do agree, though, that you shouldn’t rush. As flu said, it’s possible you won’t get Sage even if you do get here by February. I’d say first pick the area that suits you best and then find the house that fits you best in that area. If CV turns out to be the area for you, and you like new construction, then Bridle Ridge is probably a good fit, and there’s really no reason to wait. If CV is right for you and you aren’t particularly fond of new construction, then get a good agent (I know a great one who’s a CV expert and an excellent negotiator) and start looking. No rush there, unless you think there’ll be a spring price bounce (there usually is). And even then, maybe it’s better to take your time and get exactly what you want. And probably there will be more inventory to choose from this spring.If UC or anywhere else turns out to be what you want, same thing. Find a great agent who’s an expert in the area you want and start looking. But I’d also say don’t rush and make sure you get what you want.
