Home › Forums › Closed Forums › Properties or Areas › Is this a good deal ?
- This topic has 290 replies, 11 voices, and was last updated 13 years, 3 months ago by
recordsclerk.
-
AuthorPosts
-
August 19, 2011 at 12:01 PM #722524August 19, 2011 at 12:04 PM #721313
bearishgurl
ParticipantLooks like 11645 Cam. Magnifica in SCP backs into trees and open space above.
zoom in: http://www.google.com/maps?q=11645%20Caminito%20Magnifica,+92131
I would surmise that this is far more preferable than constant noise from the main thoroughfare running directly behind the subject SB sold comp.
And, I don’t know how old the photo is that ocr just posted, but it DOES seem to indicate that the (SB) back yard is mostly dirt :={
August 19, 2011 at 12:04 PM #721407bearishgurl
ParticipantLooks like 11645 Cam. Magnifica in SCP backs into trees and open space above.
zoom in: http://www.google.com/maps?q=11645%20Caminito%20Magnifica,+92131
I would surmise that this is far more preferable than constant noise from the main thoroughfare running directly behind the subject SB sold comp.
And, I don’t know how old the photo is that ocr just posted, but it DOES seem to indicate that the (SB) back yard is mostly dirt :={
August 19, 2011 at 12:04 PM #722006bearishgurl
ParticipantLooks like 11645 Cam. Magnifica in SCP backs into trees and open space above.
zoom in: http://www.google.com/maps?q=11645%20Caminito%20Magnifica,+92131
I would surmise that this is far more preferable than constant noise from the main thoroughfare running directly behind the subject SB sold comp.
And, I don’t know how old the photo is that ocr just posted, but it DOES seem to indicate that the (SB) back yard is mostly dirt :={
August 19, 2011 at 12:04 PM #722164bearishgurl
ParticipantLooks like 11645 Cam. Magnifica in SCP backs into trees and open space above.
zoom in: http://www.google.com/maps?q=11645%20Caminito%20Magnifica,+92131
I would surmise that this is far more preferable than constant noise from the main thoroughfare running directly behind the subject SB sold comp.
And, I don’t know how old the photo is that ocr just posted, but it DOES seem to indicate that the (SB) back yard is mostly dirt :={
August 19, 2011 at 12:04 PM #722529bearishgurl
ParticipantLooks like 11645 Cam. Magnifica in SCP backs into trees and open space above.
zoom in: http://www.google.com/maps?q=11645%20Caminito%20Magnifica,+92131
I would surmise that this is far more preferable than constant noise from the main thoroughfare running directly behind the subject SB sold comp.
And, I don’t know how old the photo is that ocr just posted, but it DOES seem to indicate that the (SB) back yard is mostly dirt :={
August 19, 2011 at 12:28 PM #721333sdrealtor
ParticipantPrior listing photos show built in BBQ island and putting green out back as well as extensive hardscape
August 19, 2011 at 12:28 PM #721427sdrealtor
ParticipantPrior listing photos show built in BBQ island and putting green out back as well as extensive hardscape
August 19, 2011 at 12:28 PM #722026sdrealtor
ParticipantPrior listing photos show built in BBQ island and putting green out back as well as extensive hardscape
August 19, 2011 at 12:28 PM #722184sdrealtor
ParticipantPrior listing photos show built in BBQ island and putting green out back as well as extensive hardscape
August 19, 2011 at 12:28 PM #722549sdrealtor
ParticipantPrior listing photos show built in BBQ island and putting green out back as well as extensive hardscape
August 19, 2011 at 12:33 PM #721343sdcellar
ParticipantAssuming neither property was a steal (roughly based on the collective feedback in this thread), then the one thing you can’t do is compare the impact of the Mello-Roos between the two.
If instead, that’s a bad interpretation and the Stonebridge property was something approaching a steal, then still don’t let the M-R equivalence fool you. You saved the money on the purchase price of the house plain and simple. M-R didn’t suddenly become awesome. (and if you really think about it, as a percentage of purchase price, the M-R is even higher!)
If you’re still thinking, hey sdcellar, you’re nuts, the houses in Stonebridge sell for less because they’ve got that Mello-Roos hit, so you do have to look at payment, etc, blah, blah, blah. I’ll just counter with there you go, then you’re still not ahead of the game, you have a property with intrinsically less value. And when you sell it, you’ll just feel it on the other side. As a matter of fact, it might be worse, as it won’t be “new” anymore, which I think is the only thing that really makes people feel a little bitter about exorbitant M-R tax rates.
The *only* thing that will fix it is inflation. Which, I’m sure, will eventually come to pass. Could be a long time though until $500 or so a month seems like a rounding error.
Maybe we can dispense with any notion that Mello-Roos is a good thing now?
August 19, 2011 at 12:33 PM #721436sdcellar
ParticipantAssuming neither property was a steal (roughly based on the collective feedback in this thread), then the one thing you can’t do is compare the impact of the Mello-Roos between the two.
If instead, that’s a bad interpretation and the Stonebridge property was something approaching a steal, then still don’t let the M-R equivalence fool you. You saved the money on the purchase price of the house plain and simple. M-R didn’t suddenly become awesome. (and if you really think about it, as a percentage of purchase price, the M-R is even higher!)
If you’re still thinking, hey sdcellar, you’re nuts, the houses in Stonebridge sell for less because they’ve got that Mello-Roos hit, so you do have to look at payment, etc, blah, blah, blah. I’ll just counter with there you go, then you’re still not ahead of the game, you have a property with intrinsically less value. And when you sell it, you’ll just feel it on the other side. As a matter of fact, it might be worse, as it won’t be “new” anymore, which I think is the only thing that really makes people feel a little bitter about exorbitant M-R tax rates.
The *only* thing that will fix it is inflation. Which, I’m sure, will eventually come to pass. Could be a long time though until $500 or so a month seems like a rounding error.
Maybe we can dispense with any notion that Mello-Roos is a good thing now?
August 19, 2011 at 12:33 PM #722037sdcellar
ParticipantAssuming neither property was a steal (roughly based on the collective feedback in this thread), then the one thing you can’t do is compare the impact of the Mello-Roos between the two.
If instead, that’s a bad interpretation and the Stonebridge property was something approaching a steal, then still don’t let the M-R equivalence fool you. You saved the money on the purchase price of the house plain and simple. M-R didn’t suddenly become awesome. (and if you really think about it, as a percentage of purchase price, the M-R is even higher!)
If you’re still thinking, hey sdcellar, you’re nuts, the houses in Stonebridge sell for less because they’ve got that Mello-Roos hit, so you do have to look at payment, etc, blah, blah, blah. I’ll just counter with there you go, then you’re still not ahead of the game, you have a property with intrinsically less value. And when you sell it, you’ll just feel it on the other side. As a matter of fact, it might be worse, as it won’t be “new” anymore, which I think is the only thing that really makes people feel a little bitter about exorbitant M-R tax rates.
The *only* thing that will fix it is inflation. Which, I’m sure, will eventually come to pass. Could be a long time though until $500 or so a month seems like a rounding error.
Maybe we can dispense with any notion that Mello-Roos is a good thing now?
August 19, 2011 at 12:33 PM #722194sdcellar
ParticipantAssuming neither property was a steal (roughly based on the collective feedback in this thread), then the one thing you can’t do is compare the impact of the Mello-Roos between the two.
If instead, that’s a bad interpretation and the Stonebridge property was something approaching a steal, then still don’t let the M-R equivalence fool you. You saved the money on the purchase price of the house plain and simple. M-R didn’t suddenly become awesome. (and if you really think about it, as a percentage of purchase price, the M-R is even higher!)
If you’re still thinking, hey sdcellar, you’re nuts, the houses in Stonebridge sell for less because they’ve got that Mello-Roos hit, so you do have to look at payment, etc, blah, blah, blah. I’ll just counter with there you go, then you’re still not ahead of the game, you have a property with intrinsically less value. And when you sell it, you’ll just feel it on the other side. As a matter of fact, it might be worse, as it won’t be “new” anymore, which I think is the only thing that really makes people feel a little bitter about exorbitant M-R tax rates.
The *only* thing that will fix it is inflation. Which, I’m sure, will eventually come to pass. Could be a long time though until $500 or so a month seems like a rounding error.
Maybe we can dispense with any notion that Mello-Roos is a good thing now?
-
AuthorPosts
- The forum ‘Properties or Areas’ is closed to new topics and replies.