Help – Considering San Elijo Hills.

[sdrealtor]

Those have among the highest fees in SEH.

Plan on about 250 for HOA and 150 to 200/month MR.

The MR will be on your tax bill so they actually are paid semi-annually. Figure your tax plus MR bill will be about 5,000.

I’m guessing that monthly carrying would be under $2,000 all in. Someone will likely step up and put forth the numbers. It would easily rent for that.

Figure an $18,000 item for taxes/mortgage interest on your itemeized deductions.

Everyone deducts MR on their taxes. Technically not tax deductible but it has never been challenged in tax court to my knowledge.

[sdrealtor]

Those have among the highest fees in SEH.

Plan on about 250 for HOA and 150 to 200/month MR.

The MR will be on your tax bill so they actually are paid semi-annually. Figure your tax plus MR bill will be about 5,000.

I’m guessing that monthly carrying would be under $2,000 all in. Someone will likely step up and put forth the numbers. It would easily rent for that.

Figure an $18,000 item for taxes/mortgage interest on your itemeized deductions.

Everyone deducts MR on their taxes. Technically not tax deductible but it has never been challenged in tax court to my knowledge.

[waiting for bottom]

I currently rent in SEH and might be buying soon. This place has been hit pretty hard but probably still does have 10% or more to fall in general.

The commentary about neighbors barely hanging on or about to give up is spot-on. On my street, many paid 750+ for something that is now in the low 5’s. Most are honest, hardworking professionals who have jumbos that will reset and no one will do anything for them. I bet 20% of them walk.

[waiting for bottom]

I currently rent in SEH and might be buying soon. This place has been hit pretty hard but probably still does have 10% or more to fall in general.

The commentary about neighbors barely hanging on or about to give up is spot-on. On my street, many paid 750+ for something that is now in the low 5’s. Most are honest, hardworking professionals who have jumbos that will reset and no one will do anything for them. I bet 20% of them walk.

[waiting for bottom]

I currently rent in SEH and might be buying soon. This place has been hit pretty hard but probably still does have 10% or more to fall in general.

The commentary about neighbors barely hanging on or about to give up is spot-on. On my street, many paid 750+ for something that is now in the low 5’s. Most are honest, hardworking professionals who have jumbos that will reset and no one will do anything for them. I bet 20% of them walk.

[waiting for bottom]

I currently rent in SEH and might be buying soon. This place has been hit pretty hard but probably still does have 10% or more to fall in general.

The commentary about neighbors barely hanging on or about to give up is spot-on. On my street, many paid 750+ for something that is now in the low 5’s. Most are honest, hardworking professionals who have jumbos that will reset and no one will do anything for them. I bet 20% of them walk.

[waiting for bottom]

I currently rent in SEH and might be buying soon. This place has been hit pretty hard but probably still does have 10% or more to fall in general.

The commentary about neighbors barely hanging on or about to give up is spot-on. On my street, many paid 750+ for something that is now in the low 5’s. Most are honest, hardworking professionals who have jumbos that will reset and no one will do anything for them. I bet 20% of them walk.

[outtamojo]

The economy could very well get worse and we end up in another great depression, but as far as SEH is concerned, show me 1 ocean view home selling for <700K. Towards the end of 2008, there were quite a few. Now, they've all been picked over and there is nothing left but homes that are just like the next and must compete on price and upgrades. Does anyone have year over year inventory numbers for South San Marcos? http://www.sdlookup.com/Market-92078-San_Marcos

[outtamojo]

The economy could very well get worse and we end up in another great depression, but as far as SEH is concerned, show me 1 ocean view home selling for <700K. Towards the end of 2008, there were quite a few. Now, they've all been picked over and there is nothing left but homes that are just like the next and must compete on price and upgrades. Does anyone have year over year inventory numbers for South San Marcos? http://www.sdlookup.com/Market-92078-San_Marcos

[outtamojo]

The economy could very well get worse and we end up in another great depression, but as far as SEH is concerned, show me 1 ocean view home selling for <700K. Towards the end of 2008, there were quite a few. Now, they've all been picked over and there is nothing left but homes that are just like the next and must compete on price and upgrades. Does anyone have year over year inventory numbers for South San Marcos? http://www.sdlookup.com/Market-92078-San_Marcos

[outtamojo]

The economy could very well get worse and we end up in another great depression, but as far as SEH is concerned, show me 1 ocean view home selling for <700K. Towards the end of 2008, there were quite a few. Now, they've all been picked over and there is nothing left but homes that are just like the next and must compete on price and upgrades. Does anyone have year over year inventory numbers for South San Marcos? http://www.sdlookup.com/Market-92078-San_Marcos

[outtamojo]

The economy could very well get worse and we end up in another great depression, but as far as SEH is concerned, show me 1 ocean view home selling for <700K. Towards the end of 2008, there were quite a few. Now, they've all been picked over and there is nothing left but homes that are just like the next and must compete on price and upgrades. Does anyone have year over year inventory numbers for South San Marcos? http://www.sdlookup.com/Market-92078-San_Marcos

[waiting for bottom]

Depends on your definition of ocean view…

Check out 1644 Reflection

[waiting for bottom]

Depends on your definition of ocean view…

Check out 1644 Reflection

[waiting for bottom]

Depends on your definition of ocean view…

Check out 1644 Reflection

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