- This topic has 180 replies, 12 voices, and was last updated 16 years, 4 months ago by sdrealtor.
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August 17, 2008 at 5:12 PM #258364August 17, 2008 at 6:10 PM #258077anParticipant
How much does this type of house goes for in rent? Since it sold for around $380k in 1997, taking in a conservative 3% inflation, that would bring it to about $550k in 2009. $550k at 6.5% interest rate and 0% down, you’re looking at ~$3500/month in mortgage. $700k at 6.5% interest rate and 0% down, you’re looking at $4400/month in mortgage. Which number would be closer to rent? If the bottom last time bring mortgage to = rent, then I think it would be safe to assume the bottom this time would be similar as well.
August 17, 2008 at 6:10 PM #258265anParticipantHow much does this type of house goes for in rent? Since it sold for around $380k in 1997, taking in a conservative 3% inflation, that would bring it to about $550k in 2009. $550k at 6.5% interest rate and 0% down, you’re looking at ~$3500/month in mortgage. $700k at 6.5% interest rate and 0% down, you’re looking at $4400/month in mortgage. Which number would be closer to rent? If the bottom last time bring mortgage to = rent, then I think it would be safe to assume the bottom this time would be similar as well.
August 17, 2008 at 6:10 PM #258278anParticipantHow much does this type of house goes for in rent? Since it sold for around $380k in 1997, taking in a conservative 3% inflation, that would bring it to about $550k in 2009. $550k at 6.5% interest rate and 0% down, you’re looking at ~$3500/month in mortgage. $700k at 6.5% interest rate and 0% down, you’re looking at $4400/month in mortgage. Which number would be closer to rent? If the bottom last time bring mortgage to = rent, then I think it would be safe to assume the bottom this time would be similar as well.
August 17, 2008 at 6:10 PM #258324anParticipantHow much does this type of house goes for in rent? Since it sold for around $380k in 1997, taking in a conservative 3% inflation, that would bring it to about $550k in 2009. $550k at 6.5% interest rate and 0% down, you’re looking at ~$3500/month in mortgage. $700k at 6.5% interest rate and 0% down, you’re looking at $4400/month in mortgage. Which number would be closer to rent? If the bottom last time bring mortgage to = rent, then I think it would be safe to assume the bottom this time would be similar as well.
August 17, 2008 at 6:10 PM #258369anParticipantHow much does this type of house goes for in rent? Since it sold for around $380k in 1997, taking in a conservative 3% inflation, that would bring it to about $550k in 2009. $550k at 6.5% interest rate and 0% down, you’re looking at ~$3500/month in mortgage. $700k at 6.5% interest rate and 0% down, you’re looking at $4400/month in mortgage. Which number would be closer to rent? If the bottom last time bring mortgage to = rent, then I think it would be safe to assume the bottom this time would be similar as well.
August 17, 2008 at 6:34 PM #258082SD RealtorParticipantActually just to interject I have some clients in La Costa Greens at Bealaras and thier son goes to LCH. In general though I do agree Pemeliza that most homes in La Costa Greens are SMSD.
ar
August 17, 2008 at 6:34 PM #258270SD RealtorParticipantActually just to interject I have some clients in La Costa Greens at Bealaras and thier son goes to LCH. In general though I do agree Pemeliza that most homes in La Costa Greens are SMSD.
ar
August 17, 2008 at 6:34 PM #258283SD RealtorParticipantActually just to interject I have some clients in La Costa Greens at Bealaras and thier son goes to LCH. In general though I do agree Pemeliza that most homes in La Costa Greens are SMSD.
ar
August 17, 2008 at 6:34 PM #258329SD RealtorParticipantActually just to interject I have some clients in La Costa Greens at Bealaras and thier son goes to LCH. In general though I do agree Pemeliza that most homes in La Costa Greens are SMSD.
ar
August 17, 2008 at 6:34 PM #258374SD RealtorParticipantActually just to interject I have some clients in La Costa Greens at Bealaras and thier son goes to LCH. In general though I do agree Pemeliza that most homes in La Costa Greens are SMSD.
ar
August 17, 2008 at 6:54 PM #258097sdrealtorParticipantgolfgal,
The ecinitas homes you linked to are 30+ years old and of relatively poor construction quality. The neighborhood is nothing like this one and the school is one of the lowest ranked in the district compared to one of the highest ranked. I’d call it lipstick on a pigg.August 17, 2008 at 6:54 PM #258285sdrealtorParticipantgolfgal,
The ecinitas homes you linked to are 30+ years old and of relatively poor construction quality. The neighborhood is nothing like this one and the school is one of the lowest ranked in the district compared to one of the highest ranked. I’d call it lipstick on a pigg.August 17, 2008 at 6:54 PM #258298sdrealtorParticipantgolfgal,
The ecinitas homes you linked to are 30+ years old and of relatively poor construction quality. The neighborhood is nothing like this one and the school is one of the lowest ranked in the district compared to one of the highest ranked. I’d call it lipstick on a pigg.August 17, 2008 at 6:54 PM #258345sdrealtorParticipantgolfgal,
The ecinitas homes you linked to are 30+ years old and of relatively poor construction quality. The neighborhood is nothing like this one and the school is one of the lowest ranked in the district compared to one of the highest ranked. I’d call it lipstick on a pigg. -
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