- This topic has 140 replies, 16 voices, and was last updated 17 years ago by SD Realtor.
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November 20, 2007 at 4:54 PM #102177November 20, 2007 at 8:34 PM #102127qcomerParticipant
Your $2000 calculation is off by the fact that you can get close to 5% return on your downpayment of 80K which is $300 monthly. Also add atleast 0.5% for maintenance per year or $120 per month. Your total for owning this place is above $2500 and the home is not going to appreciate from current value in next 5 years.
DON’T BUY.
November 20, 2007 at 8:34 PM #102206qcomerParticipantYour $2000 calculation is off by the fact that you can get close to 5% return on your downpayment of 80K which is $300 monthly. Also add atleast 0.5% for maintenance per year or $120 per month. Your total for owning this place is above $2500 and the home is not going to appreciate from current value in next 5 years.
DON’T BUY.
November 20, 2007 at 8:34 PM #102216qcomerParticipantYour $2000 calculation is off by the fact that you can get close to 5% return on your downpayment of 80K which is $300 monthly. Also add atleast 0.5% for maintenance per year or $120 per month. Your total for owning this place is above $2500 and the home is not going to appreciate from current value in next 5 years.
DON’T BUY.
November 20, 2007 at 8:34 PM #102239qcomerParticipantYour $2000 calculation is off by the fact that you can get close to 5% return on your downpayment of 80K which is $300 monthly. Also add atleast 0.5% for maintenance per year or $120 per month. Your total for owning this place is above $2500 and the home is not going to appreciate from current value in next 5 years.
DON’T BUY.
November 20, 2007 at 8:34 PM #102267qcomerParticipantYour $2000 calculation is off by the fact that you can get close to 5% return on your downpayment of 80K which is $300 monthly. Also add atleast 0.5% for maintenance per year or $120 per month. Your total for owning this place is above $2500 and the home is not going to appreciate from current value in next 5 years.
DON’T BUY.
November 20, 2007 at 9:06 PM #102162EugeneParticipantMy 2c
If you’re going to have children, condo is probably not the way to go. For the same money I’d get a real house with a real backyard even if it’s a bit older and in a less ritzy neighborhood. There are many 3br and even some 4br houses on sale in Poway and Mira Mesa for less than 400k.
3 bedrooms should be okay if you’re certain that you won’t have more than one child.
As a rule of thumb, if it’s listed for more than its early ’03 Zillow value, it’s overpriced.
November 20, 2007 at 9:06 PM #102241EugeneParticipantMy 2c
If you’re going to have children, condo is probably not the way to go. For the same money I’d get a real house with a real backyard even if it’s a bit older and in a less ritzy neighborhood. There are many 3br and even some 4br houses on sale in Poway and Mira Mesa for less than 400k.
3 bedrooms should be okay if you’re certain that you won’t have more than one child.
As a rule of thumb, if it’s listed for more than its early ’03 Zillow value, it’s overpriced.
November 20, 2007 at 9:06 PM #102250EugeneParticipantMy 2c
If you’re going to have children, condo is probably not the way to go. For the same money I’d get a real house with a real backyard even if it’s a bit older and in a less ritzy neighborhood. There are many 3br and even some 4br houses on sale in Poway and Mira Mesa for less than 400k.
3 bedrooms should be okay if you’re certain that you won’t have more than one child.
As a rule of thumb, if it’s listed for more than its early ’03 Zillow value, it’s overpriced.
November 20, 2007 at 9:06 PM #102274EugeneParticipantMy 2c
If you’re going to have children, condo is probably not the way to go. For the same money I’d get a real house with a real backyard even if it’s a bit older and in a less ritzy neighborhood. There are many 3br and even some 4br houses on sale in Poway and Mira Mesa for less than 400k.
3 bedrooms should be okay if you’re certain that you won’t have more than one child.
As a rule of thumb, if it’s listed for more than its early ’03 Zillow value, it’s overpriced.
November 20, 2007 at 9:06 PM #102302EugeneParticipantMy 2c
If you’re going to have children, condo is probably not the way to go. For the same money I’d get a real house with a real backyard even if it’s a bit older and in a less ritzy neighborhood. There are many 3br and even some 4br houses on sale in Poway and Mira Mesa for less than 400k.
3 bedrooms should be okay if you’re certain that you won’t have more than one child.
As a rule of thumb, if it’s listed for more than its early ’03 Zillow value, it’s overpriced.
November 20, 2007 at 10:11 PM #102203SD RealtorParticipantnostradamus as long as you raise em with love and a firm hand then you cannot go wrong whether your ideas are different or not. just try not to plop them in front of the tv to much… it is very tempting.
SD Realtor
November 20, 2007 at 10:11 PM #102280SD RealtorParticipantnostradamus as long as you raise em with love and a firm hand then you cannot go wrong whether your ideas are different or not. just try not to plop them in front of the tv to much… it is very tempting.
SD Realtor
November 20, 2007 at 10:11 PM #102290SD RealtorParticipantnostradamus as long as you raise em with love and a firm hand then you cannot go wrong whether your ideas are different or not. just try not to plop them in front of the tv to much… it is very tempting.
SD Realtor
November 20, 2007 at 10:11 PM #102314SD RealtorParticipantnostradamus as long as you raise em with love and a firm hand then you cannot go wrong whether your ideas are different or not. just try not to plop them in front of the tv to much… it is very tempting.
SD Realtor
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