Home › Forums › Closed Forums › Properties or Areas › 1025 brightwood 92078
- This topic has 160 replies, 11 voices, and was last updated 15 years, 10 months ago by ariffe22.
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December 27, 2008 at 7:05 AM #320887December 27, 2008 at 7:42 AM #320398AnonymousGuest
Wating for bottom, brace yourelf, we are going lower than 2002 levels, lower than 2000 levels…and even far lower from there. Although it’s quite a puzzle, try to incororate the bigger picture. We are in the middle of a nuclear financial war in the USA, and SoCal is part of ground zero. Good luck and take a pulse check about 2013 or a few years later for when I think we are approaching a bottom.
December 27, 2008 at 7:42 AM #320744AnonymousGuestWating for bottom, brace yourelf, we are going lower than 2002 levels, lower than 2000 levels…and even far lower from there. Although it’s quite a puzzle, try to incororate the bigger picture. We are in the middle of a nuclear financial war in the USA, and SoCal is part of ground zero. Good luck and take a pulse check about 2013 or a few years later for when I think we are approaching a bottom.
December 27, 2008 at 7:42 AM #320798AnonymousGuestWating for bottom, brace yourelf, we are going lower than 2002 levels, lower than 2000 levels…and even far lower from there. Although it’s quite a puzzle, try to incororate the bigger picture. We are in the middle of a nuclear financial war in the USA, and SoCal is part of ground zero. Good luck and take a pulse check about 2013 or a few years later for when I think we are approaching a bottom.
December 27, 2008 at 7:42 AM #320815AnonymousGuestWating for bottom, brace yourelf, we are going lower than 2002 levels, lower than 2000 levels…and even far lower from there. Although it’s quite a puzzle, try to incororate the bigger picture. We are in the middle of a nuclear financial war in the USA, and SoCal is part of ground zero. Good luck and take a pulse check about 2013 or a few years later for when I think we are approaching a bottom.
December 27, 2008 at 7:42 AM #320897AnonymousGuestWating for bottom, brace yourelf, we are going lower than 2002 levels, lower than 2000 levels…and even far lower from there. Although it’s quite a puzzle, try to incororate the bigger picture. We are in the middle of a nuclear financial war in the USA, and SoCal is part of ground zero. Good luck and take a pulse check about 2013 or a few years later for when I think we are approaching a bottom.
December 27, 2008 at 7:59 AM #320413PKMANParticipantMR is just not good business
I see 2 issues with MR:
1. Claiming MR as part of the property tax is like speeding, technically illegal but everyone does it. Still, there’s a real risk and repercussion of getting caught.
2. Just because MR is tax deductible doesn’t mean that it’s fully offset. I believe most middle class family will still end up paying 50% – 60%, after tax deduction. For a home with MR of $4,000+, combining with HOA of $85 – $250 per month, that’s still a lot.
SEH is a middle class community, and a very attractive one, I must say. If/when an average single family house (2,000 – 2,500 sq.ft.) in good condition falls to less than $400K in SEH, it would be a worthy purchase, offsetting the high MR and/or HOA.
December 27, 2008 at 7:59 AM #320759PKMANParticipantMR is just not good business
I see 2 issues with MR:
1. Claiming MR as part of the property tax is like speeding, technically illegal but everyone does it. Still, there’s a real risk and repercussion of getting caught.
2. Just because MR is tax deductible doesn’t mean that it’s fully offset. I believe most middle class family will still end up paying 50% – 60%, after tax deduction. For a home with MR of $4,000+, combining with HOA of $85 – $250 per month, that’s still a lot.
SEH is a middle class community, and a very attractive one, I must say. If/when an average single family house (2,000 – 2,500 sq.ft.) in good condition falls to less than $400K in SEH, it would be a worthy purchase, offsetting the high MR and/or HOA.
December 27, 2008 at 7:59 AM #320813PKMANParticipantMR is just not good business
I see 2 issues with MR:
1. Claiming MR as part of the property tax is like speeding, technically illegal but everyone does it. Still, there’s a real risk and repercussion of getting caught.
2. Just because MR is tax deductible doesn’t mean that it’s fully offset. I believe most middle class family will still end up paying 50% – 60%, after tax deduction. For a home with MR of $4,000+, combining with HOA of $85 – $250 per month, that’s still a lot.
SEH is a middle class community, and a very attractive one, I must say. If/when an average single family house (2,000 – 2,500 sq.ft.) in good condition falls to less than $400K in SEH, it would be a worthy purchase, offsetting the high MR and/or HOA.
December 27, 2008 at 7:59 AM #320830PKMANParticipantMR is just not good business
I see 2 issues with MR:
1. Claiming MR as part of the property tax is like speeding, technically illegal but everyone does it. Still, there’s a real risk and repercussion of getting caught.
2. Just because MR is tax deductible doesn’t mean that it’s fully offset. I believe most middle class family will still end up paying 50% – 60%, after tax deduction. For a home with MR of $4,000+, combining with HOA of $85 – $250 per month, that’s still a lot.
SEH is a middle class community, and a very attractive one, I must say. If/when an average single family house (2,000 – 2,500 sq.ft.) in good condition falls to less than $400K in SEH, it would be a worthy purchase, offsetting the high MR and/or HOA.
December 27, 2008 at 7:59 AM #320912PKMANParticipantMR is just not good business
I see 2 issues with MR:
1. Claiming MR as part of the property tax is like speeding, technically illegal but everyone does it. Still, there’s a real risk and repercussion of getting caught.
2. Just because MR is tax deductible doesn’t mean that it’s fully offset. I believe most middle class family will still end up paying 50% – 60%, after tax deduction. For a home with MR of $4,000+, combining with HOA of $85 – $250 per month, that’s still a lot.
SEH is a middle class community, and a very attractive one, I must say. If/when an average single family house (2,000 – 2,500 sq.ft.) in good condition falls to less than $400K in SEH, it would be a worthy purchase, offsetting the high MR and/or HOA.
December 27, 2008 at 8:05 AM #320418waiting for bottomParticipantHow do you define 2000 levels or lower for homes built in 2002 or 2006? What comps do you use?
December 27, 2008 at 8:05 AM #320764waiting for bottomParticipantHow do you define 2000 levels or lower for homes built in 2002 or 2006? What comps do you use?
December 27, 2008 at 8:05 AM #320818waiting for bottomParticipantHow do you define 2000 levels or lower for homes built in 2002 or 2006? What comps do you use?
December 27, 2008 at 8:05 AM #320835waiting for bottomParticipantHow do you define 2000 levels or lower for homes built in 2002 or 2006? What comps do you use?
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