Short Sell vs Foreclosure

[SD Realtor]

Yes that elusive capitulation… when will it happen… I battle that battle every day in listing appts. At least with the appts I have had, for nicer areas we are NOWHERE close to it. Another year or two of this is what we need. Then I think we will be there.

Thanks for thank you jp!

SD Realtor

[Navydoc]

jpinpb, I’m totally with you on the HOA/Mello Roos issue. I’ve been watching all the North County inland areas pretty closely, including the Silver Pine property. It’s nice to see the prices coming down to reality, but the 5K/yr Mello roos really piss me off. Significantly lowers the price range I’m willing to buy.

The more I look, the more older communities like Scripps Ranch and Rancho Bernardo appeal to me, and it’s directly related to all the hidden fees that may not apply there.

[Navydoc]

jpinpb, I’m totally with you on the HOA/Mello Roos issue. I’ve been watching all the North County inland areas pretty closely, including the Silver Pine property. It’s nice to see the prices coming down to reality, but the 5K/yr Mello roos really piss me off. Significantly lowers the price range I’m willing to buy.

The more I look, the more older communities like Scripps Ranch and Rancho Bernardo appeal to me, and it’s directly related to all the hidden fees that may not apply there.

[Navydoc]

jpinpb, I’m totally with you on the HOA/Mello Roos issue. I’ve been watching all the North County inland areas pretty closely, including the Silver Pine property. It’s nice to see the prices coming down to reality, but the 5K/yr Mello roos really piss me off. Significantly lowers the price range I’m willing to buy.

The more I look, the more older communities like Scripps Ranch and Rancho Bernardo appeal to me, and it’s directly related to all the hidden fees that may not apply there.

[Navydoc]

jpinpb, I’m totally with you on the HOA/Mello Roos issue. I’ve been watching all the North County inland areas pretty closely, including the Silver Pine property. It’s nice to see the prices coming down to reality, but the 5K/yr Mello roos really piss me off. Significantly lowers the price range I’m willing to buy.

The more I look, the more older communities like Scripps Ranch and Rancho Bernardo appeal to me, and it’s directly related to all the hidden fees that may not apply there.

[Navydoc]

jpinpb, I’m totally with you on the HOA/Mello Roos issue. I’ve been watching all the North County inland areas pretty closely, including the Silver Pine property. It’s nice to see the prices coming down to reality, but the 5K/yr Mello roos really piss me off. Significantly lowers the price range I’m willing to buy.

The more I look, the more older communities like Scripps Ranch and Rancho Bernardo appeal to me, and it’s directly related to all the hidden fees that may not apply there.

[4spotentialbuyer]

Thanks SD realtor as always for the insight.

Currently 4S Ranch resells (lower end of the range) are lower (about 80K on this one) than similar floorplans from the buidler. We will probably wait to see if the builder matches these prices, if not, we will probably put in a low ball offer as we don’t know if we have the patience to time the depreciation.

Similar 3000 sq ft homes were selling for mid 500s after 9/11 and I’m not sure when they would come back down that far, especially if you factor in about 5% appreciation/year.

[4spotentialbuyer]

Thanks SD realtor as always for the insight.

Currently 4S Ranch resells (lower end of the range) are lower (about 80K on this one) than similar floorplans from the buidler. We will probably wait to see if the builder matches these prices, if not, we will probably put in a low ball offer as we don’t know if we have the patience to time the depreciation.

Similar 3000 sq ft homes were selling for mid 500s after 9/11 and I’m not sure when they would come back down that far, especially if you factor in about 5% appreciation/year.

[4spotentialbuyer]

Thanks SD realtor as always for the insight.

Currently 4S Ranch resells (lower end of the range) are lower (about 80K on this one) than similar floorplans from the buidler. We will probably wait to see if the builder matches these prices, if not, we will probably put in a low ball offer as we don’t know if we have the patience to time the depreciation.

Similar 3000 sq ft homes were selling for mid 500s after 9/11 and I’m not sure when they would come back down that far, especially if you factor in about 5% appreciation/year.

[4spotentialbuyer]

Thanks SD realtor as always for the insight.

Currently 4S Ranch resells (lower end of the range) are lower (about 80K on this one) than similar floorplans from the buidler. We will probably wait to see if the builder matches these prices, if not, we will probably put in a low ball offer as we don’t know if we have the patience to time the depreciation.

Similar 3000 sq ft homes were selling for mid 500s after 9/11 and I’m not sure when they would come back down that far, especially if you factor in about 5% appreciation/year.

[4spotentialbuyer]

Thanks SD realtor as always for the insight.

Currently 4S Ranch resells (lower end of the range) are lower (about 80K on this one) than similar floorplans from the buidler. We will probably wait to see if the builder matches these prices, if not, we will probably put in a low ball offer as we don’t know if we have the patience to time the depreciation.

Similar 3000 sq ft homes were selling for mid 500s after 9/11 and I’m not sure when they would come back down that far, especially if you factor in about 5% appreciation/year.

[4spotentialbuyer]

Personal questions: Do you really like the place? Why can you no longer wait to buy? Do you HAVE to be in 4S Ranch? Can you easily afford the PITI long term or will it be a struggle

I like 4S Ranch…close to my work, close to family, good school system. I am not ready to buy this place…looking for the best value for a large 3000 sq ft home to raise our growing family….There is a disagreement in our family regarding whether to buy now or wait. I want to wait, my spouse does not. We could afford the PITI in the long run…

I know lots of families who are willing to pay HOAs, Mellos Roos in order to live in a newer community that has a good school system. While there certainly were flippers in 4S Ranch, there are also many families who have been waiting for the prices to drop in order to buy & stay there long term.

[4spotentialbuyer]

Personal questions: Do you really like the place? Why can you no longer wait to buy? Do you HAVE to be in 4S Ranch? Can you easily afford the PITI long term or will it be a struggle

I like 4S Ranch…close to my work, close to family, good school system. I am not ready to buy this place…looking for the best value for a large 3000 sq ft home to raise our growing family….There is a disagreement in our family regarding whether to buy now or wait. I want to wait, my spouse does not. We could afford the PITI in the long run…

I know lots of families who are willing to pay HOAs, Mellos Roos in order to live in a newer community that has a good school system. While there certainly were flippers in 4S Ranch, there are also many families who have been waiting for the prices to drop in order to buy & stay there long term.

[4spotentialbuyer]

Personal questions: Do you really like the place? Why can you no longer wait to buy? Do you HAVE to be in 4S Ranch? Can you easily afford the PITI long term or will it be a struggle

I like 4S Ranch…close to my work, close to family, good school system. I am not ready to buy this place…looking for the best value for a large 3000 sq ft home to raise our growing family….There is a disagreement in our family regarding whether to buy now or wait. I want to wait, my spouse does not. We could afford the PITI in the long run…

I know lots of families who are willing to pay HOAs, Mellos Roos in order to live in a newer community that has a good school system. While there certainly were flippers in 4S Ranch, there are also many families who have been waiting for the prices to drop in order to buy & stay there long term.

[4spotentialbuyer]

Personal questions: Do you really like the place? Why can you no longer wait to buy? Do you HAVE to be in 4S Ranch? Can you easily afford the PITI long term or will it be a struggle

I like 4S Ranch…close to my work, close to family, good school system. I am not ready to buy this place…looking for the best value for a large 3000 sq ft home to raise our growing family….There is a disagreement in our family regarding whether to buy now or wait. I want to wait, my spouse does not. We could afford the PITI in the long run…

I know lots of families who are willing to pay HOAs, Mellos Roos in order to live in a newer community that has a good school system. While there certainly were flippers in 4S Ranch, there are also many families who have been waiting for the prices to drop in order to buy & stay there long term.

[Author]

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