Santa Luz

[briansd1]

[quote=SD Realtor]Actually I don’t think it is as much as a pipecleaner as you think. Digging through the main point of the original poster, Santa Luz has been depreciating bigtime. Our investment group considered buying a Santa Luz property awhile back at trustee sale and we did not and were VERY surprised at what the home went for. We think that that particular buyer will be hosed but you never know. If you really dig into the comps and study them, this is not an outlandish price and would represent about a 2/3 hit to the 1.5 paid for the home a few years ago.

In general I would agree with the premise of the original poster however step up buyers going into a 900k or 1M home is a healthy step up and maybe I would say it is second step up buyers, not first step up buyers.

So no I do not classify this listing as a pipecleaner at all.[/quote]

I agree. We are certainly seeing the ‘primo’ properties in North County getting hit.

[pepsi]

[quote=SD Realtor]Actually I don’t think it is as much as a pipecleaner as you think. [/quote]

See urban dictionary for pipe cleaner…..

😀

[pepsi]

[quote=SD Realtor]Actually I don’t think it is as much as a pipecleaner as you think. [/quote]

See urban dictionary for pipe cleaner…..

😀

[pepsi]

[quote=SD Realtor]Actually I don’t think it is as much as a pipecleaner as you think. [/quote]

See urban dictionary for pipe cleaner…..

😀

[pepsi]

[quote=SD Realtor]Actually I don’t think it is as much as a pipecleaner as you think. [/quote]

See urban dictionary for pipe cleaner…..

😀

[pepsi]

[quote=SD Realtor]Actually I don’t think it is as much as a pipecleaner as you think. [/quote]

See urban dictionary for pipe cleaner…..

😀

[Raybyrnes]

Clearfund. You are right. But still moving closer to what I would expect for this type of property in this area.

Also agree with one of the previous posters that this is probably not a Move up but maybe a second move up.

[Raybyrnes]

Clearfund. You are right. But still moving closer to what I would expect for this type of property in this area.

Also agree with one of the previous posters that this is probably not a Move up but maybe a second move up.

[Raybyrnes]

Clearfund. You are right. But still moving closer to what I would expect for this type of property in this area.

Also agree with one of the previous posters that this is probably not a Move up but maybe a second move up.

[Raybyrnes]

Clearfund. You are right. But still moving closer to what I would expect for this type of property in this area.

Also agree with one of the previous posters that this is probably not a Move up but maybe a second move up.

[Raybyrnes]

Clearfund. You are right. But still moving closer to what I would expect for this type of property in this area.

Also agree with one of the previous posters that this is probably not a Move up but maybe a second move up.

[kcal09]

You pay $10k just for MR and HOA and another $13k for property tax which is almost $2k/month for all fees and taxes!!?? Is that really worth it? Why not buy a house in La Jolla for a little more and save on MR and taxes…? Am I missing something?

[kcal09]

You pay $10k just for MR and HOA and another $13k for property tax which is almost $2k/month for all fees and taxes!!?? Is that really worth it? Why not buy a house in La Jolla for a little more and save on MR and taxes…? Am I missing something?

[kcal09]

You pay $10k just for MR and HOA and another $13k for property tax which is almost $2k/month for all fees and taxes!!?? Is that really worth it? Why not buy a house in La Jolla for a little more and save on MR and taxes…? Am I missing something?

[kcal09]

You pay $10k just for MR and HOA and another $13k for property tax which is almost $2k/month for all fees and taxes!!?? Is that really worth it? Why not buy a house in La Jolla for a little more and save on MR and taxes…? Am I missing something?

[Author]

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