Hey Bluefins looks like we are neighbors. From your property description its apparent that you are referring to Bremerton. Currently I am renting in the project. If you have been following he recent sales you have probably noticed that the REO prices have been coming down in chunks. If the street I live on is any indication this project still has some rough times ahead. I know of at least 3 homes on my street that are likely headed to foreclosure.
Having said that 450k on the creek is pretty attractive (today).
Would I be right to guess the house is on Whitaker? That would be my preferred side of the project away from the noise and traffic from he schools.
Make sure that you are comfortable with the property tax and HOA fees, there pretty high even for Murrieta.
