Another Temecula Builder folds it’s tent-Morgan hill

[bearvine]

An old school realtor who understands the need to nurture a client base, would be marketing to people like your buds, NorLASD guy. Is the Nor for NoCal?

In the long run, even if it dips they won’t get hurt.

Personally, I think the best strategy for an investor is to let it hit bottom, and buy on the way back up within the first 10% increase.

Sometimes the crazy deals materialize, and that’s when you make the exception.

For example, if a steal in one of the gated Redhawk tracts came up, beat up or nice condition, with course view, 3 car garage, less than $70 sq ft, I would be inclined to pick it up and use it as a replacement for the multiple storage units that I have. End up with an asset stagnant for a few years, eventually considerable appreciation (2x-4x return) in 7-10 years, and becomes free storage space over the time span.

[PatentGuy]

Bearvine, TG and any other Temecula experts:

If you had $400 cash to plunk down for a home in Temecula – where would you buy? Which development, which model?

We may look there with an eye for a part-time home (3-6 months a year). Our kids are grown, but would be occasional visitors, so at least 2, preferably 3 bedrooms, but we do not need/want a mcmansion. Ideally, 2000-2500 sq ft is about right. Quality construction matters more than an extra 500-100 sq ft, as does location, lot size, privacy, security (we would be away from the home for extended periods of time).

We like a true “Spanish” design – but not essential. Don’t care about schools.

I look forward to your input – thanks!

[PatentGuy]

Bearvine, TG and any other Temecula experts:

If you had $400 cash to plunk down for a home in Temecula – where would you buy? Which development, which model?

We may look there with an eye for a part-time home (3-6 months a year). Our kids are grown, but would be occasional visitors, so at least 2, preferably 3 bedrooms, but we do not need/want a mcmansion. Ideally, 2000-2500 sq ft is about right. Quality construction matters more than an extra 500-100 sq ft, as does location, lot size, privacy, security (we would be away from the home for extended periods of time).

We like a true “Spanish” design – but not essential. Don’t care about schools.

I look forward to your input – thanks!

[PatentGuy]

Bearvine, TG and any other Temecula experts:

If you had $400 cash to plunk down for a home in Temecula – where would you buy? Which development, which model?

We may look there with an eye for a part-time home (3-6 months a year). Our kids are grown, but would be occasional visitors, so at least 2, preferably 3 bedrooms, but we do not need/want a mcmansion. Ideally, 2000-2500 sq ft is about right. Quality construction matters more than an extra 500-100 sq ft, as does location, lot size, privacy, security (we would be away from the home for extended periods of time).

We like a true “Spanish” design – but not essential. Don’t care about schools.

I look forward to your input – thanks!

[PatentGuy]

Bearvine, TG and any other Temecula experts:

If you had $400 cash to plunk down for a home in Temecula – where would you buy? Which development, which model?

We may look there with an eye for a part-time home (3-6 months a year). Our kids are grown, but would be occasional visitors, so at least 2, preferably 3 bedrooms, but we do not need/want a mcmansion. Ideally, 2000-2500 sq ft is about right. Quality construction matters more than an extra 500-100 sq ft, as does location, lot size, privacy, security (we would be away from the home for extended periods of time).

We like a true “Spanish” design – but not essential. Don’t care about schools.

I look forward to your input – thanks!

[PatentGuy]

Bearvine, TG and any other Temecula experts:

If you had $400 cash to plunk down for a home in Temecula – where would you buy? Which development, which model?

We may look there with an eye for a part-time home (3-6 months a year). Our kids are grown, but would be occasional visitors, so at least 2, preferably 3 bedrooms, but we do not need/want a mcmansion. Ideally, 2000-2500 sq ft is about right. Quality construction matters more than an extra 500-100 sq ft, as does location, lot size, privacy, security (we would be away from the home for extended periods of time).

We like a true “Spanish” design – but not essential. Don’t care about schools.

I look forward to your input – thanks!

[bearvine]

PatentGuy be patient…

I will stay on the record to remain patient…BUT, if you HAD to buy, and with your parameters in mind, I would definitely go gated. Most of the time gated areas are a BS facade to make people feel special, but with the transient nature of neighbors in the area (thus can’t rely on them keeping track of your pad) I would go gated for piece of mind. Which limits your options. Center on Bear Creek in Murrieta, and Redhawk in Temecula.

I would spend as little as possible, this is hard to get hurt:
http://www.redfin.com/CA/Murrieta/38584-Lochinvar-Ct-92562/home/6162032

If you have to spend $400k for 1031 reasons, look at something like this:
http://www.redfin.com/CA/Temecula/33349-Embassy-Ave-92592/home/6432545

The gated neighborhood in Redhawk TG was looking at is nice.

If you are ok without the gates, I am still a big Morgan Hill fan at the right price:
http://www.redfin.com/CA/Temecula/33965-Milat-92592/home/12508924
Might be a bit big for you, but we had one of these floorplans, and thought it was nice.
http://www.redfin.com/CA/Temecula/44751-Destino-St-92592/home/12507103
Had this floorplan as well, was ok, but you have a “view” here.

Stay away from Wolf Creek, as the economy gets worse, and you are away from your home, for months at time, go up for the weekend and find…a desperate, homeless, gambler who lost everything squatting in your home. That will be a news story at some point.

Are you a patent attorney?

[bearvine]

PatentGuy be patient…

I will stay on the record to remain patient…BUT, if you HAD to buy, and with your parameters in mind, I would definitely go gated. Most of the time gated areas are a BS facade to make people feel special, but with the transient nature of neighbors in the area (thus can’t rely on them keeping track of your pad) I would go gated for piece of mind. Which limits your options. Center on Bear Creek in Murrieta, and Redhawk in Temecula.

I would spend as little as possible, this is hard to get hurt:
http://www.redfin.com/CA/Murrieta/38584-Lochinvar-Ct-92562/home/6162032

If you have to spend $400k for 1031 reasons, look at something like this:
http://www.redfin.com/CA/Temecula/33349-Embassy-Ave-92592/home/6432545

The gated neighborhood in Redhawk TG was looking at is nice.

If you are ok without the gates, I am still a big Morgan Hill fan at the right price:
http://www.redfin.com/CA/Temecula/33965-Milat-92592/home/12508924
Might be a bit big for you, but we had one of these floorplans, and thought it was nice.
http://www.redfin.com/CA/Temecula/44751-Destino-St-92592/home/12507103
Had this floorplan as well, was ok, but you have a “view” here.

Stay away from Wolf Creek, as the economy gets worse, and you are away from your home, for months at time, go up for the weekend and find…a desperate, homeless, gambler who lost everything squatting in your home. That will be a news story at some point.

Are you a patent attorney?

[bearvine]

PatentGuy be patient…

I will stay on the record to remain patient…BUT, if you HAD to buy, and with your parameters in mind, I would definitely go gated. Most of the time gated areas are a BS facade to make people feel special, but with the transient nature of neighbors in the area (thus can’t rely on them keeping track of your pad) I would go gated for piece of mind. Which limits your options. Center on Bear Creek in Murrieta, and Redhawk in Temecula.

I would spend as little as possible, this is hard to get hurt:
http://www.redfin.com/CA/Murrieta/38584-Lochinvar-Ct-92562/home/6162032

If you have to spend $400k for 1031 reasons, look at something like this:
http://www.redfin.com/CA/Temecula/33349-Embassy-Ave-92592/home/6432545

The gated neighborhood in Redhawk TG was looking at is nice.

If you are ok without the gates, I am still a big Morgan Hill fan at the right price:
http://www.redfin.com/CA/Temecula/33965-Milat-92592/home/12508924
Might be a bit big for you, but we had one of these floorplans, and thought it was nice.
http://www.redfin.com/CA/Temecula/44751-Destino-St-92592/home/12507103
Had this floorplan as well, was ok, but you have a “view” here.

Stay away from Wolf Creek, as the economy gets worse, and you are away from your home, for months at time, go up for the weekend and find…a desperate, homeless, gambler who lost everything squatting in your home. That will be a news story at some point.

Are you a patent attorney?

[bearvine]

PatentGuy be patient…

I will stay on the record to remain patient…BUT, if you HAD to buy, and with your parameters in mind, I would definitely go gated. Most of the time gated areas are a BS facade to make people feel special, but with the transient nature of neighbors in the area (thus can’t rely on them keeping track of your pad) I would go gated for piece of mind. Which limits your options. Center on Bear Creek in Murrieta, and Redhawk in Temecula.

I would spend as little as possible, this is hard to get hurt:
http://www.redfin.com/CA/Murrieta/38584-Lochinvar-Ct-92562/home/6162032

If you have to spend $400k for 1031 reasons, look at something like this:
http://www.redfin.com/CA/Temecula/33349-Embassy-Ave-92592/home/6432545

The gated neighborhood in Redhawk TG was looking at is nice.

If you are ok without the gates, I am still a big Morgan Hill fan at the right price:
http://www.redfin.com/CA/Temecula/33965-Milat-92592/home/12508924
Might be a bit big for you, but we had one of these floorplans, and thought it was nice.
http://www.redfin.com/CA/Temecula/44751-Destino-St-92592/home/12507103
Had this floorplan as well, was ok, but you have a “view” here.

Stay away from Wolf Creek, as the economy gets worse, and you are away from your home, for months at time, go up for the weekend and find…a desperate, homeless, gambler who lost everything squatting in your home. That will be a news story at some point.

Are you a patent attorney?

[bearvine]

PatentGuy be patient…

I will stay on the record to remain patient…BUT, if you HAD to buy, and with your parameters in mind, I would definitely go gated. Most of the time gated areas are a BS facade to make people feel special, but with the transient nature of neighbors in the area (thus can’t rely on them keeping track of your pad) I would go gated for piece of mind. Which limits your options. Center on Bear Creek in Murrieta, and Redhawk in Temecula.

I would spend as little as possible, this is hard to get hurt:
http://www.redfin.com/CA/Murrieta/38584-Lochinvar-Ct-92562/home/6162032

If you have to spend $400k for 1031 reasons, look at something like this:
http://www.redfin.com/CA/Temecula/33349-Embassy-Ave-92592/home/6432545

The gated neighborhood in Redhawk TG was looking at is nice.

If you are ok without the gates, I am still a big Morgan Hill fan at the right price:
http://www.redfin.com/CA/Temecula/33965-Milat-92592/home/12508924
Might be a bit big for you, but we had one of these floorplans, and thought it was nice.
http://www.redfin.com/CA/Temecula/44751-Destino-St-92592/home/12507103
Had this floorplan as well, was ok, but you have a “view” here.

Stay away from Wolf Creek, as the economy gets worse, and you are away from your home, for months at time, go up for the weekend and find…a desperate, homeless, gambler who lost everything squatting in your home. That will be a news story at some point.

Are you a patent attorney?

[TemekuT]

Careful, these are not prime locations.

http://www.redfin.com/CA/Temecula/33965-…although it has no neighbors across, behind, or to one side, but it’s next to Tony Tobin elementary school. Be prepared for the daily line-up of SUV’s dropping off and picking kids up constantly, as they congregate in front of this house and all over this street. Plus, you get the experience of noise, lots of it, all day and even in the evening.

http://www.redfin.com/CA/Temecula/44751-… forego the view here, as this is the most common entry point into Artessa and Cristal and this house is the 3rd from the corner. You get to experience the SUV raceway effect, plus, most occupants here don’t park in the garages and have several cars, so the street is cluttered and kids tend to shoot out from behind the cars.

If you want a view, wait for something on Mumm Street, or go up on the cul-de-sac Pegase. You can also get a view on Star Hill and parts of Silver Rose.

Or, pay $100K more and pick up a FC at Blackstone on the other side of Morgan Hill. There are some great bargains there and more coming up in the low 400’s, plus the lots are larger and more separated.

[TemekuT]

Careful, these are not prime locations.

http://www.redfin.com/CA/Temecula/33965-…although it has no neighbors across, behind, or to one side, but it’s next to Tony Tobin elementary school. Be prepared for the daily line-up of SUV’s dropping off and picking kids up constantly, as they congregate in front of this house and all over this street. Plus, you get the experience of noise, lots of it, all day and even in the evening.

http://www.redfin.com/CA/Temecula/44751-… forego the view here, as this is the most common entry point into Artessa and Cristal and this house is the 3rd from the corner. You get to experience the SUV raceway effect, plus, most occupants here don’t park in the garages and have several cars, so the street is cluttered and kids tend to shoot out from behind the cars.

If you want a view, wait for something on Mumm Street, or go up on the cul-de-sac Pegase. You can also get a view on Star Hill and parts of Silver Rose.

Or, pay $100K more and pick up a FC at Blackstone on the other side of Morgan Hill. There are some great bargains there and more coming up in the low 400’s, plus the lots are larger and more separated.

[TemekuT]

Careful, these are not prime locations.

http://www.redfin.com/CA/Temecula/33965-…although it has no neighbors across, behind, or to one side, but it’s next to Tony Tobin elementary school. Be prepared for the daily line-up of SUV’s dropping off and picking kids up constantly, as they congregate in front of this house and all over this street. Plus, you get the experience of noise, lots of it, all day and even in the evening.

http://www.redfin.com/CA/Temecula/44751-… forego the view here, as this is the most common entry point into Artessa and Cristal and this house is the 3rd from the corner. You get to experience the SUV raceway effect, plus, most occupants here don’t park in the garages and have several cars, so the street is cluttered and kids tend to shoot out from behind the cars.

If you want a view, wait for something on Mumm Street, or go up on the cul-de-sac Pegase. You can also get a view on Star Hill and parts of Silver Rose.

Or, pay $100K more and pick up a FC at Blackstone on the other side of Morgan Hill. There are some great bargains there and more coming up in the low 400’s, plus the lots are larger and more separated.

[TemekuT]

Careful, these are not prime locations.

http://www.redfin.com/CA/Temecula/33965-…although it has no neighbors across, behind, or to one side, but it’s next to Tony Tobin elementary school. Be prepared for the daily line-up of SUV’s dropping off and picking kids up constantly, as they congregate in front of this house and all over this street. Plus, you get the experience of noise, lots of it, all day and even in the evening.

http://www.redfin.com/CA/Temecula/44751-… forego the view here, as this is the most common entry point into Artessa and Cristal and this house is the 3rd from the corner. You get to experience the SUV raceway effect, plus, most occupants here don’t park in the garages and have several cars, so the street is cluttered and kids tend to shoot out from behind the cars.

If you want a view, wait for something on Mumm Street, or go up on the cul-de-sac Pegase. You can also get a view on Star Hill and parts of Silver Rose.

Or, pay $100K more and pick up a FC at Blackstone on the other side of Morgan Hill. There are some great bargains there and more coming up in the low 400’s, plus the lots are larger and more separated.

[Author]

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