Sell now and rent or stay put?

[joebaduba]

Thanks SD Realtor,

As for the schools, we have heard about some racial tension at the high school due to busing, and it does seem like a neighborhood for “mom”.

Sorry to go off topic there. Since we know want to relocate, we are definitely going to try and get sold right now, rent for a year or two or more if necessary. I don’t see any way this market can stay even flat. Renting gives you too much flexibility in our circumstance. If you don’t sell now, be prepared to adjust expectations for the future.

[NotCranky]

Anybody else have thoughts on Tierrasanta for family of three? (10 year old daughter)

My close friends live in San Carlos. It is one neighborhood over from Tierrasanta. They also have a ten year old daughter. The mother of the family is likely a good judge of schools because she is a teacher. She has been quite happy with grade school and other community ammenities for her daughter. The High School, Patrick Henry, gives me concerns compared to other similiar suburban neighborhoods.I am sure it is better than the public schools most of the centrally located areas. If you don’t want to live in the suburban areas north of the 52, High school is going to be difficult. We moved east and our kids can go to Steele Canyon High, which recently went charter. Maybe a neighborhood like Rancho San Diego would work? So far commuting on the 94 has not been bad at all.

[NotCranky]

Anybody else have thoughts on Tierrasanta for family of three? (10 year old daughter)

My close friends live in San Carlos. It is one neighborhood over from Tierrasanta. They also have a ten year old daughter. The mother of the family is likely a good judge of schools because she is a teacher. She has been quite happy with grade school and other community ammenities for her daughter. The High School, Patrick Henry, gives me concerns compared to other similiar suburban neighborhoods.I am sure it is better than the public schools most of the centrally located areas. If you don’t want to live in the suburban areas north of the 52, High school is going to be difficult. We moved east and our kids can go to Steele Canyon High, which recently went charter. Maybe a neighborhood like Rancho San Diego would work? So far commuting on the 94 has not been bad at all.

[NotCranky]

Anybody else have thoughts on Tierrasanta for family of three? (10 year old daughter)

My close friends live in San Carlos. It is one neighborhood over from Tierrasanta. They also have a ten year old daughter. The mother of the family is likely a good judge of schools because she is a teacher. She has been quite happy with grade school and other community ammenities for her daughter. The High School, Patrick Henry, gives me concerns compared to other similiar suburban neighborhoods.I am sure it is better than the public schools most of the centrally located areas. If you don’t want to live in the suburban areas north of the 52, High school is going to be difficult. We moved east and our kids can go to Steele Canyon High, which recently went charter. Maybe a neighborhood like Rancho San Diego would work? So far commuting on the 94 has not been bad at all.

[SD Realtor]

Sounds good Joe –

I think you guys have a pretty sound strategy. As you can see up in the thread, you should be able to calculate what you will net out of the sale. Make sure when you analyze the comps to look at the rate of expired, cancelled and withdrawn listings as well. Price your home aggressively and make sure it shows well and you should be okay. Also offer a competitive commission for the other side but don’t go overboard with it. Pricing and showability/condition of the home are what is most important right now. Also knowing what your competition is doing is key.

SD Realtor

[SD Realtor]

Sounds good Joe –

I think you guys have a pretty sound strategy. As you can see up in the thread, you should be able to calculate what you will net out of the sale. Make sure when you analyze the comps to look at the rate of expired, cancelled and withdrawn listings as well. Price your home aggressively and make sure it shows well and you should be okay. Also offer a competitive commission for the other side but don’t go overboard with it. Pricing and showability/condition of the home are what is most important right now. Also knowing what your competition is doing is key.

SD Realtor

[SD Realtor]

Sounds good Joe –

I think you guys have a pretty sound strategy. As you can see up in the thread, you should be able to calculate what you will net out of the sale. Make sure when you analyze the comps to look at the rate of expired, cancelled and withdrawn listings as well. Price your home aggressively and make sure it shows well and you should be okay. Also offer a competitive commission for the other side but don’t go overboard with it. Pricing and showability/condition of the home are what is most important right now. Also knowing what your competition is doing is key.

SD Realtor

[joebaduba]

Thanks for the insight guys. North of 52 is no problem for us either. Maybe time will shave off some $$$ on Scripps. Watching the monitor. It’s the wife who is really looking to cut down her commute and she works in the traffic hell that is UTC. Don’t know how the commute is from Poway or Scripps Ranch, but those are still looking pretty pricey. University City is faceless and overpriced. I’m not a fan of Carmel Valley for much the same reason. We will have sufficient equity to sit on because we have owned forever and are not greedy.

It’s a typical dilemma for San Diego – neighborhood with some character, not-hellish commute to UTC job, decent price. I think only time gets us back to a favorable look at that. That’s why I think selling now and renting leaves the most options. For us.

[joebaduba]

Thanks for the insight guys. North of 52 is no problem for us either. Maybe time will shave off some $$$ on Scripps. Watching the monitor. It’s the wife who is really looking to cut down her commute and she works in the traffic hell that is UTC. Don’t know how the commute is from Poway or Scripps Ranch, but those are still looking pretty pricey. University City is faceless and overpriced. I’m not a fan of Carmel Valley for much the same reason. We will have sufficient equity to sit on because we have owned forever and are not greedy.

It’s a typical dilemma for San Diego – neighborhood with some character, not-hellish commute to UTC job, decent price. I think only time gets us back to a favorable look at that. That’s why I think selling now and renting leaves the most options. For us.

[joebaduba]

Thanks for the insight guys. North of 52 is no problem for us either. Maybe time will shave off some $$$ on Scripps. Watching the monitor. It’s the wife who is really looking to cut down her commute and she works in the traffic hell that is UTC. Don’t know how the commute is from Poway or Scripps Ranch, but those are still looking pretty pricey. University City is faceless and overpriced. I’m not a fan of Carmel Valley for much the same reason. We will have sufficient equity to sit on because we have owned forever and are not greedy.

It’s a typical dilemma for San Diego – neighborhood with some character, not-hellish commute to UTC job, decent price. I think only time gets us back to a favorable look at that. That’s why I think selling now and renting leaves the most options. For us.

[CBad]

We’re sort of in the same boat. Well, maybe not. Our mortgage will be paid off in 2010 (we did a 15 year) so we have a ton of equity. Our house is too small for our family of 5 (my opinion, everyone else seems happy) but it’s on an enormous lot 1 mile from the beach. We’ve also totally remodeled. So I think we are staying put for now. We’ll either add on or buy up when the market tanks. By then we may be mortgage free and able to rent this place. We’ll have to see how this all turns out in the next few years. But I don’t feel like uprooting my family and renting in the meantime.

[CBad]

We’re sort of in the same boat. Well, maybe not. Our mortgage will be paid off in 2010 (we did a 15 year) so we have a ton of equity. Our house is too small for our family of 5 (my opinion, everyone else seems happy) but it’s on an enormous lot 1 mile from the beach. We’ve also totally remodeled. So I think we are staying put for now. We’ll either add on or buy up when the market tanks. By then we may be mortgage free and able to rent this place. We’ll have to see how this all turns out in the next few years. But I don’t feel like uprooting my family and renting in the meantime.

[CBad]

We’re sort of in the same boat. Well, maybe not. Our mortgage will be paid off in 2010 (we did a 15 year) so we have a ton of equity. Our house is too small for our family of 5 (my opinion, everyone else seems happy) but it’s on an enormous lot 1 mile from the beach. We’ve also totally remodeled. So I think we are staying put for now. We’ll either add on or buy up when the market tanks. By then we may be mortgage free and able to rent this place. We’ll have to see how this all turns out in the next few years. But I don’t feel like uprooting my family and renting in the meantime.

[SD Realtor]

CBad –

An enormous lot that is only a mile from the beach and 3 years away from being owned free and clear….

If you sell that thing I am gonna ask Rustico and sdr to find you and kick your butt to Jamul…

I would hold on to that sucker forever if you can afford to…unless your sale means you get closer to the beach… then okay maybe…

SD Realtor

[SD Realtor]

CBad –

An enormous lot that is only a mile from the beach and 3 years away from being owned free and clear….

If you sell that thing I am gonna ask Rustico and sdr to find you and kick your butt to Jamul…

I would hold on to that sucker forever if you can afford to…unless your sale means you get closer to the beach… then okay maybe…

SD Realtor

[Author]

Posts