REOs in San Elijio Hills-Orion

[ocrenter]

cheapest over 3000sqft home in SEH is officially not part of the development in Venzano. I remember just a year ago telling the sales lady that I would buy if these homes go down to $550k, she laughed and said that wouldn’t be possible.

686 WEATHERSTONE
4/4/3022sqft
11/2006: purchased for 730k
12/2007: listed
Price Reduced: 01/18/08 — $659,900 to $599,900
Price Reduced: 02/13/08 — $599,900 to $574,900
Price Increased: 04/18/08 — $574,900 to $584,900

[tothjj]

waiting
I think the problem is that while your math to reduce the sales price of the property to account for the higher Mello-Roos is one answer in a stable market, the Piggs here complain because the price of the house is inflated regardless of the M.R. So do you take 50k off of a 700k house or do you take 50k off of the same house when it is priced at 550k. With the price of homes inflated so high and coming down so fast, it is hard to price in M.R.
Also, that is money that will never produce equity for the buyer. I would rather pay 50k more for a house (non-bubble price) because that payment is paying down some principle and building equity. If I spend 300 a month in M.R. it is never going to be recouped.

[tothjj]

waiting
I think the problem is that while your math to reduce the sales price of the property to account for the higher Mello-Roos is one answer in a stable market, the Piggs here complain because the price of the house is inflated regardless of the M.R. So do you take 50k off of a 700k house or do you take 50k off of the same house when it is priced at 550k. With the price of homes inflated so high and coming down so fast, it is hard to price in M.R.
Also, that is money that will never produce equity for the buyer. I would rather pay 50k more for a house (non-bubble price) because that payment is paying down some principle and building equity. If I spend 300 a month in M.R. it is never going to be recouped.

[tothjj]

waiting
I think the problem is that while your math to reduce the sales price of the property to account for the higher Mello-Roos is one answer in a stable market, the Piggs here complain because the price of the house is inflated regardless of the M.R. So do you take 50k off of a 700k house or do you take 50k off of the same house when it is priced at 550k. With the price of homes inflated so high and coming down so fast, it is hard to price in M.R.
Also, that is money that will never produce equity for the buyer. I would rather pay 50k more for a house (non-bubble price) because that payment is paying down some principle and building equity. If I spend 300 a month in M.R. it is never going to be recouped.

[tothjj]

waiting
I think the problem is that while your math to reduce the sales price of the property to account for the higher Mello-Roos is one answer in a stable market, the Piggs here complain because the price of the house is inflated regardless of the M.R. So do you take 50k off of a 700k house or do you take 50k off of the same house when it is priced at 550k. With the price of homes inflated so high and coming down so fast, it is hard to price in M.R.
Also, that is money that will never produce equity for the buyer. I would rather pay 50k more for a house (non-bubble price) because that payment is paying down some principle and building equity. If I spend 300 a month in M.R. it is never going to be recouped.

[tothjj]

waiting
I think the problem is that while your math to reduce the sales price of the property to account for the higher Mello-Roos is one answer in a stable market, the Piggs here complain because the price of the house is inflated regardless of the M.R. So do you take 50k off of a 700k house or do you take 50k off of the same house when it is priced at 550k. With the price of homes inflated so high and coming down so fast, it is hard to price in M.R.
Also, that is money that will never produce equity for the buyer. I would rather pay 50k more for a house (non-bubble price) because that payment is paying down some principle and building equity. If I spend 300 a month in M.R. it is never going to be recouped.

[Eugene]

We went to see 686 weatherstone some time back. The house was nice but there was essentially no yard. Just a piece of dirt.

[Eugene]

We went to see 686 weatherstone some time back. The house was nice but there was essentially no yard. Just a piece of dirt.

[Eugene]

We went to see 686 weatherstone some time back. The house was nice but there was essentially no yard. Just a piece of dirt.

[Eugene]

We went to see 686 weatherstone some time back. The house was nice but there was essentially no yard. Just a piece of dirt.

[Eugene]

We went to see 686 weatherstone some time back. The house was nice but there was essentially no yard. Just a piece of dirt.

[farbet]

OC renter is the house on weatherstone a Nod. short sale or a straight sale?

Totjj I agree with you . In a declining market(for the next few years).the mello roos will never be recouped.
So SEH is not the bargain.
As one person says that the neighborhood is not being kept up.
It appears that there is a lot of emotional buying .

[farbet]

OC renter is the house on weatherstone a Nod. short sale or a straight sale?

Totjj I agree with you . In a declining market(for the next few years).the mello roos will never be recouped.
So SEH is not the bargain.
As one person says that the neighborhood is not being kept up.
It appears that there is a lot of emotional buying .

[farbet]

OC renter is the house on weatherstone a Nod. short sale or a straight sale?

Totjj I agree with you . In a declining market(for the next few years).the mello roos will never be recouped.
So SEH is not the bargain.
As one person says that the neighborhood is not being kept up.
It appears that there is a lot of emotional buying .

[farbet]

OC renter is the house on weatherstone a Nod. short sale or a straight sale?

Totjj I agree with you . In a declining market(for the next few years).the mello roos will never be recouped.
So SEH is not the bargain.
As one person says that the neighborhood is not being kept up.
It appears that there is a lot of emotional buying .

[Author]

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