[quote=sdrealtor]Anyone wanna bet PPO just put theirs up for sale;)[/quote]
heh heh. I thought it might be someone from Santee that moved to Pell.. 🙂
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All in all, we enjoy living here. And yes, we are underwater right now because we purchased years ago when the market all over San Diego county was hot. Since we were looking for a “home to live in” and we were not “trying to flip a home and make a quick buck” it does not bother us at all that we are underwater because the house prices will always go up and down, but in the long run (10 years from now when we plan to move) prices in the long run will always go up if you are in a great location and I hear that 92130 is the best location for schools. I can’t comment because I have not looked into that.
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Someone needs to tell him/her that
1)Pell place is missing attached garages
2)It’s floorplan is like an appartment complex (tri-level)
3)It’s priced above Carmel Pointe, but around the same price for 2-3 as something with attached garages (like Crest @ DelMar). Also, no pool/jacuzzi, while comparables have either or both.
4)There’s a lot more new buyers in this complex than other complexes, and as a result a lot more underwater folks and I’ve seen a lot more short sales/reo come from this community than others
5)High HOA
6)While it’s in 92130, the elementary school is NOT in the Carmel Valley School District. The nearby school belongs to Solana Beach (not that there’s anything wrong with it).
7) House prices do not always go up, especially if purchased at peek. Especially for attached homes…
