Menu

Home › Forums › Closed Forums › Properties or Areas › 4s ranch builder price advice

Viewing 15 posts - 1 through 15 (of 286 total)
1 2 3 … 18 19 20
  • Author
    Posts
  • January 23, 2008 at 1:57 PM #11611
    randy
    Participant

    Guys,
    Need a little advice here. I am new to the area..moving from out of state. I went to few places with my realtor and liked a house in 4S ranch. It is ~3500 sq ft and the builder is offering that for ~$670K. Based on my research, this is the level prices were in early 2003 (pre-bubble) for a similar sized home.

    The big difference is on the Mello-roos. 2002/2003 buyers used to pay ~$2K/year while we are now forced to pay ~$5K/year.

    Do you think this is a deal worth pursuing assuming that I like the house? Can Mello-roos go down in the future? What is the risk of home prices going down even further in the future. It is currently @$190/sqft Vs Market Avg of ~$230/sqft.

    Am I better off waiting for the storm to cool??

    I can really use some advice here.

    Thanks.

    January 23, 2008 at 2:12 PM #141337
    lendingbubblecontinues
    Participant

    If you’re not scared that it could be had for $470K in two years, by all means go ahead and buy it!

    Mello-roos will only be with you for 30-40 years…no worries there, either.

    One last thing…this bubble began long before 2003, my friend…it was on Wall Street’s drawing board in early 2000.

    January 23, 2008 at 2:12 PM #141564
    lendingbubblecontinues
    Participant

    If you’re not scared that it could be had for $470K in two years, by all means go ahead and buy it!

    Mello-roos will only be with you for 30-40 years…no worries there, either.

    One last thing…this bubble began long before 2003, my friend…it was on Wall Street’s drawing board in early 2000.

    January 23, 2008 at 2:12 PM #141577
    lendingbubblecontinues
    Participant

    If you’re not scared that it could be had for $470K in two years, by all means go ahead and buy it!

    Mello-roos will only be with you for 30-40 years…no worries there, either.

    One last thing…this bubble began long before 2003, my friend…it was on Wall Street’s drawing board in early 2000.

    January 23, 2008 at 2:12 PM #141602
    lendingbubblecontinues
    Participant

    If you’re not scared that it could be had for $470K in two years, by all means go ahead and buy it!

    Mello-roos will only be with you for 30-40 years…no worries there, either.

    One last thing…this bubble began long before 2003, my friend…it was on Wall Street’s drawing board in early 2000.

    January 23, 2008 at 2:12 PM #141664
    lendingbubblecontinues
    Participant

    If you’re not scared that it could be had for $470K in two years, by all means go ahead and buy it!

    Mello-roos will only be with you for 30-40 years…no worries there, either.

    One last thing…this bubble began long before 2003, my friend…it was on Wall Street’s drawing board in early 2000.

    January 23, 2008 at 2:15 PM #141348
    flyer
    Participant

    What development in 4S are you looking at? Some friends recently bought in Silhouette, and we’ve heard they are selling quite well.
    Pienza will be sold out by April.

    If you NEED a home in the area soon, it sounds like a good price, if not, you might want to wait.
    Either way, Mello-Roos will not be going away.

    Also might want to consider what interest rates will be in the next few years. Since my house is paid off, I’m hoping for 10% Jumbo CD’s in the very near future.

    January 23, 2008 at 2:15 PM #141574
    flyer
    Participant

    What development in 4S are you looking at? Some friends recently bought in Silhouette, and we’ve heard they are selling quite well.
    Pienza will be sold out by April.

    If you NEED a home in the area soon, it sounds like a good price, if not, you might want to wait.
    Either way, Mello-Roos will not be going away.

    Also might want to consider what interest rates will be in the next few years. Since my house is paid off, I’m hoping for 10% Jumbo CD’s in the very near future.

    January 23, 2008 at 2:15 PM #141586
    flyer
    Participant

    What development in 4S are you looking at? Some friends recently bought in Silhouette, and we’ve heard they are selling quite well.
    Pienza will be sold out by April.

    If you NEED a home in the area soon, it sounds like a good price, if not, you might want to wait.
    Either way, Mello-Roos will not be going away.

    Also might want to consider what interest rates will be in the next few years. Since my house is paid off, I’m hoping for 10% Jumbo CD’s in the very near future.

    January 23, 2008 at 2:15 PM #141613
    flyer
    Participant

    What development in 4S are you looking at? Some friends recently bought in Silhouette, and we’ve heard they are selling quite well.
    Pienza will be sold out by April.

    If you NEED a home in the area soon, it sounds like a good price, if not, you might want to wait.
    Either way, Mello-Roos will not be going away.

    Also might want to consider what interest rates will be in the next few years. Since my house is paid off, I’m hoping for 10% Jumbo CD’s in the very near future.

    January 23, 2008 at 2:15 PM #141674
    flyer
    Participant

    What development in 4S are you looking at? Some friends recently bought in Silhouette, and we’ve heard they are selling quite well.
    Pienza will be sold out by April.

    If you NEED a home in the area soon, it sounds like a good price, if not, you might want to wait.
    Either way, Mello-Roos will not be going away.

    Also might want to consider what interest rates will be in the next few years. Since my house is paid off, I’m hoping for 10% Jumbo CD’s in the very near future.

    January 23, 2008 at 2:27 PM #141353
    Eugene
    Participant

    At today’s jumbo rates 5K/year mello roos effectively increases the purchase price by ~70K.

    What model/neighborhood is it, and what’s the official listing price?

    January 23, 2008 at 2:27 PM #141579
    Eugene
    Participant

    At today’s jumbo rates 5K/year mello roos effectively increases the purchase price by ~70K.

    What model/neighborhood is it, and what’s the official listing price?

    January 23, 2008 at 2:27 PM #141591
    Eugene
    Participant

    At today’s jumbo rates 5K/year mello roos effectively increases the purchase price by ~70K.

    What model/neighborhood is it, and what’s the official listing price?

    January 23, 2008 at 2:27 PM #141617
    Eugene
    Participant

    At today’s jumbo rates 5K/year mello roos effectively increases the purchase price by ~70K.

    What model/neighborhood is it, and what’s the official listing price?

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 286 total)
1 2 3 … 18 19 20
  • The forum ‘Properties or Areas’ is closed to new topics and replies.