1025 brightwood 92078

[PKMAN]

Still need $100K+ to buy this SEH property.

esmith – going by your number, the combined monthly payment is still as high as $3355. Since most financial experts will advise that fixed housing expenses not to exceed 50% of household net income, a family will need to net $6,710/mo. or $80,520/yr. to live here. Based on a total of 35% deduction (taxes, 401K, medical, etc.), the family’s combined income must be higher than $120K. That’s still way too unaffordable for me or most San Diegan families.

SEH properties will be attractive to me only after MR is fully paid off, but that’ll be like 20 years later.

[jetonejet]

More foreclosures coming in SEH. Living here, its very sad to see SO MANY people struggling to make the rediculous Mello Roos, much less the mortgage while I rent for half the price. On my street of about 20 houses, 3 have foreclosed this year, 2 houses are currently vacant ( one of them not even on the MLS) and I know personally 3 houses who have not made a mortgage payment in over 6 months. It seems that there is a high level of people in SEH that are related to housing, construction and finance, so I know for a fact the REO’s will only increase in 2009. Watch for low $400K pricing this year.

[jetonejet]

More foreclosures coming in SEH. Living here, its very sad to see SO MANY people struggling to make the rediculous Mello Roos, much less the mortgage while I rent for half the price. On my street of about 20 houses, 3 have foreclosed this year, 2 houses are currently vacant ( one of them not even on the MLS) and I know personally 3 houses who have not made a mortgage payment in over 6 months. It seems that there is a high level of people in SEH that are related to housing, construction and finance, so I know for a fact the REO’s will only increase in 2009. Watch for low $400K pricing this year.

[jetonejet]

More foreclosures coming in SEH. Living here, its very sad to see SO MANY people struggling to make the rediculous Mello Roos, much less the mortgage while I rent for half the price. On my street of about 20 houses, 3 have foreclosed this year, 2 houses are currently vacant ( one of them not even on the MLS) and I know personally 3 houses who have not made a mortgage payment in over 6 months. It seems that there is a high level of people in SEH that are related to housing, construction and finance, so I know for a fact the REO’s will only increase in 2009. Watch for low $400K pricing this year.

[jetonejet]

More foreclosures coming in SEH. Living here, its very sad to see SO MANY people struggling to make the rediculous Mello Roos, much less the mortgage while I rent for half the price. On my street of about 20 houses, 3 have foreclosed this year, 2 houses are currently vacant ( one of them not even on the MLS) and I know personally 3 houses who have not made a mortgage payment in over 6 months. It seems that there is a high level of people in SEH that are related to housing, construction and finance, so I know for a fact the REO’s will only increase in 2009. Watch for low $400K pricing this year.

[jetonejet]

More foreclosures coming in SEH. Living here, its very sad to see SO MANY people struggling to make the rediculous Mello Roos, much less the mortgage while I rent for half the price. On my street of about 20 houses, 3 have foreclosed this year, 2 houses are currently vacant ( one of them not even on the MLS) and I know personally 3 houses who have not made a mortgage payment in over 6 months. It seems that there is a high level of people in SEH that are related to housing, construction and finance, so I know for a fact the REO’s will only increase in 2009. Watch for low $400K pricing this year.

[waiting for bottom]

I think the MR issue in SEH is overblown.

The area near town center has about $2400/yr. That is the same or less than Bressi, Carillo, and LCG.

The ‘bubble’ area off of Questhaven (Antilla, Orion) is ridiculous at ~$4800/yr. But still, half the houses or more are in the $2400-$3000 range. Not great, but not an issue worth whining so much about.

$120K in income is really just two school teachers with 5 years experience each.

I think the bottom in the town center area is at 2002 pricing – about $425K-$450K for 3000 sq ft.

[waiting for bottom]

I think the MR issue in SEH is overblown.

The area near town center has about $2400/yr. That is the same or less than Bressi, Carillo, and LCG.

The ‘bubble’ area off of Questhaven (Antilla, Orion) is ridiculous at ~$4800/yr. But still, half the houses or more are in the $2400-$3000 range. Not great, but not an issue worth whining so much about.

$120K in income is really just two school teachers with 5 years experience each.

I think the bottom in the town center area is at 2002 pricing – about $425K-$450K for 3000 sq ft.

[waiting for bottom]

I think the MR issue in SEH is overblown.

The area near town center has about $2400/yr. That is the same or less than Bressi, Carillo, and LCG.

The ‘bubble’ area off of Questhaven (Antilla, Orion) is ridiculous at ~$4800/yr. But still, half the houses or more are in the $2400-$3000 range. Not great, but not an issue worth whining so much about.

$120K in income is really just two school teachers with 5 years experience each.

I think the bottom in the town center area is at 2002 pricing – about $425K-$450K for 3000 sq ft.

[waiting for bottom]

I think the MR issue in SEH is overblown.

The area near town center has about $2400/yr. That is the same or less than Bressi, Carillo, and LCG.

The ‘bubble’ area off of Questhaven (Antilla, Orion) is ridiculous at ~$4800/yr. But still, half the houses or more are in the $2400-$3000 range. Not great, but not an issue worth whining so much about.

$120K in income is really just two school teachers with 5 years experience each.

I think the bottom in the town center area is at 2002 pricing – about $425K-$450K for 3000 sq ft.

[waiting for bottom]

I think the MR issue in SEH is overblown.

The area near town center has about $2400/yr. That is the same or less than Bressi, Carillo, and LCG.

The ‘bubble’ area off of Questhaven (Antilla, Orion) is ridiculous at ~$4800/yr. But still, half the houses or more are in the $2400-$3000 range. Not great, but not an issue worth whining so much about.

$120K in income is really just two school teachers with 5 years experience each.

I think the bottom in the town center area is at 2002 pricing – about $425K-$450K for 3000 sq ft.

[waiting for bottom]

I rent in SEH too. Do you mind sharing your general location and rent? I am near the town cener area (Archer/Sagewood, etc.) and pay $2900 for 3000 sq ft.

Owner paid 715 in 2005. I think this is worth 575-600 right now.

[waiting for bottom]

I rent in SEH too. Do you mind sharing your general location and rent? I am near the town cener area (Archer/Sagewood, etc.) and pay $2900 for 3000 sq ft.

Owner paid 715 in 2005. I think this is worth 575-600 right now.

[waiting for bottom]

I rent in SEH too. Do you mind sharing your general location and rent? I am near the town cener area (Archer/Sagewood, etc.) and pay $2900 for 3000 sq ft.

Owner paid 715 in 2005. I think this is worth 575-600 right now.

[waiting for bottom]

I rent in SEH too. Do you mind sharing your general location and rent? I am near the town cener area (Archer/Sagewood, etc.) and pay $2900 for 3000 sq ft.

Owner paid 715 in 2005. I think this is worth 575-600 right now.

[Author]

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