4221 Mount Casas 92117, Clairemont

[recordsclerk]

The bank is just asking you to put in your best and final bid. I’ve been in that situation 4 times and have lost all 4 times, but I don’t see it as a game or a bunch of crap. It’s about as straight forward as it gets. Highest, most qualified bidder wins. Just offer what you want to pay and move on if you get out bid. Good luck with your best and final bid.

[sdduuuude]

Well put Rustico.

Along those lines, this lot may be big enough to allow a second rental structure. Seems there is some rule about that in Clairemont. I heard this from a realtor in 2005 when I was selling in the area. I was never in a position to care so I never tracked it down.

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

While I was on the property, I didn’t think Balboa Avenue detracted from the canyon property at all, and the lot is really big with alot of flat, usable space so I don’t think it compares to the standard 3/2 houses in the area.

[sdduuuude]

Well put Rustico.

Along those lines, this lot may be big enough to allow a second rental structure. Seems there is some rule about that in Clairemont. I heard this from a realtor in 2005 when I was selling in the area. I was never in a position to care so I never tracked it down.

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

While I was on the property, I didn’t think Balboa Avenue detracted from the canyon property at all, and the lot is really big with alot of flat, usable space so I don’t think it compares to the standard 3/2 houses in the area.

[sdduuuude]

Well put Rustico.

Along those lines, this lot may be big enough to allow a second rental structure. Seems there is some rule about that in Clairemont. I heard this from a realtor in 2005 when I was selling in the area. I was never in a position to care so I never tracked it down.

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

While I was on the property, I didn’t think Balboa Avenue detracted from the canyon property at all, and the lot is really big with alot of flat, usable space so I don’t think it compares to the standard 3/2 houses in the area.

[sdduuuude]

Well put Rustico.

Along those lines, this lot may be big enough to allow a second rental structure. Seems there is some rule about that in Clairemont. I heard this from a realtor in 2005 when I was selling in the area. I was never in a position to care so I never tracked it down.

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

While I was on the property, I didn’t think Balboa Avenue detracted from the canyon property at all, and the lot is really big with alot of flat, usable space so I don’t think it compares to the standard 3/2 houses in the area.

[sdduuuude]

Well put Rustico.

Along those lines, this lot may be big enough to allow a second rental structure. Seems there is some rule about that in Clairemont. I heard this from a realtor in 2005 when I was selling in the area. I was never in a position to care so I never tracked it down.

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

While I was on the property, I didn’t think Balboa Avenue detracted from the canyon property at all, and the lot is really big with alot of flat, usable space so I don’t think it compares to the standard 3/2 houses in the area.

[jpinpb]

I’m not sure why people are getting worried about these bid wars. Just look at it as the knife-catcher is helping to bring down the comps and the next guy selling will have to lower his price to match what’s sold. This will not be the last house in Clairemont selling in this price range. Aren’t more loans resetting next month? Stick around til the end of the year to see what the inventory is like. I think these low prices will be the norm and those who got in a bidding war on them now will feel foolish later.

I could be wrong. These are JMOs based on inventory, defaults, foreclosures, tightening of credit, sales activity, stealth inventory, etc.

[jpinpb]

I’m not sure why people are getting worried about these bid wars. Just look at it as the knife-catcher is helping to bring down the comps and the next guy selling will have to lower his price to match what’s sold. This will not be the last house in Clairemont selling in this price range. Aren’t more loans resetting next month? Stick around til the end of the year to see what the inventory is like. I think these low prices will be the norm and those who got in a bidding war on them now will feel foolish later.

I could be wrong. These are JMOs based on inventory, defaults, foreclosures, tightening of credit, sales activity, stealth inventory, etc.

[jpinpb]

I’m not sure why people are getting worried about these bid wars. Just look at it as the knife-catcher is helping to bring down the comps and the next guy selling will have to lower his price to match what’s sold. This will not be the last house in Clairemont selling in this price range. Aren’t more loans resetting next month? Stick around til the end of the year to see what the inventory is like. I think these low prices will be the norm and those who got in a bidding war on them now will feel foolish later.

I could be wrong. These are JMOs based on inventory, defaults, foreclosures, tightening of credit, sales activity, stealth inventory, etc.

[jpinpb]

I’m not sure why people are getting worried about these bid wars. Just look at it as the knife-catcher is helping to bring down the comps and the next guy selling will have to lower his price to match what’s sold. This will not be the last house in Clairemont selling in this price range. Aren’t more loans resetting next month? Stick around til the end of the year to see what the inventory is like. I think these low prices will be the norm and those who got in a bidding war on them now will feel foolish later.

I could be wrong. These are JMOs based on inventory, defaults, foreclosures, tightening of credit, sales activity, stealth inventory, etc.

[jpinpb]

I’m not sure why people are getting worried about these bid wars. Just look at it as the knife-catcher is helping to bring down the comps and the next guy selling will have to lower his price to match what’s sold. This will not be the last house in Clairemont selling in this price range. Aren’t more loans resetting next month? Stick around til the end of the year to see what the inventory is like. I think these low prices will be the norm and those who got in a bidding war on them now will feel foolish later.

I could be wrong. These are JMOs based on inventory, defaults, foreclosures, tightening of credit, sales activity, stealth inventory, etc.

[NotCranky]

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

The Mount Casas proeprty could be outright zoned for it.This is easy to check. I think it would be in the listing if it were though.

California has a law that overides local jusrisdiction for certain types of accessory dwellings. For instance caregivers or elderly family members.Local jurisdiction must approve them if they meet state requirements. However these exceptions are made, there are pretty severe sqft. restrictions on these dwellings and I don’t believe they are legally rentable or are only rentable if the primary dwelling is owner occupied.There are lot size requirements.Setbacks have to be adhered to.
Anyone interested can google “California accessory dwelling laws”.

Outright zoning for second dwelling units or multiple legal SFR’s would be the best, of course. Many people get burned by thinking they have the zoning but there are many factors that could preclude getting a permit regardless.

[NotCranky]

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

The Mount Casas proeprty could be outright zoned for it.This is easy to check. I think it would be in the listing if it were though.

California has a law that overides local jusrisdiction for certain types of accessory dwellings. For instance caregivers or elderly family members.Local jurisdiction must approve them if they meet state requirements. However these exceptions are made, there are pretty severe sqft. restrictions on these dwellings and I don’t believe they are legally rentable or are only rentable if the primary dwelling is owner occupied.There are lot size requirements.Setbacks have to be adhered to.
Anyone interested can google “California accessory dwelling laws”.

Outright zoning for second dwelling units or multiple legal SFR’s would be the best, of course. Many people get burned by thinking they have the zoning but there are many factors that could preclude getting a permit regardless.

[NotCranky]

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

The Mount Casas proeprty could be outright zoned for it.This is easy to check. I think it would be in the listing if it were though.

California has a law that overides local jusrisdiction for certain types of accessory dwellings. For instance caregivers or elderly family members.Local jurisdiction must approve them if they meet state requirements. However these exceptions are made, there are pretty severe sqft. restrictions on these dwellings and I don’t believe they are legally rentable or are only rentable if the primary dwelling is owner occupied.There are lot size requirements.Setbacks have to be adhered to.
Anyone interested can google “California accessory dwelling laws”.

Outright zoning for second dwelling units or multiple legal SFR’s would be the best, of course. Many people get burned by thinking they have the zoning but there are many factors that could preclude getting a permit regardless.

[NotCranky]

She said you can build a second structure on the property and rent it out if the main structure is your primary residence and the lot is > 10,000 sq. ft.

Can anyone confirm / debunk this ?

The Mount Casas proeprty could be outright zoned for it.This is easy to check. I think it would be in the listing if it were though.

California has a law that overides local jusrisdiction for certain types of accessory dwellings. For instance caregivers or elderly family members.Local jurisdiction must approve them if they meet state requirements. However these exceptions are made, there are pretty severe sqft. restrictions on these dwellings and I don’t believe they are legally rentable or are only rentable if the primary dwelling is owner occupied.There are lot size requirements.Setbacks have to be adhered to.
Anyone interested can google “California accessory dwelling laws”.

Outright zoning for second dwelling units or multiple legal SFR’s would be the best, of course. Many people get burned by thinking they have the zoning but there are many factors that could preclude getting a permit regardless.

[Author]

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