should I buy in temecula

[Ren]

[quote=bearishgurl]Back to the topic at hand, I NEVER stated anywhere here that TV was not a good place to live. What I stated was that those TV residents with a family who work out-of-county ARE VOLUNTARILY SACRIFICING their precious time commuting. With the cost of the annual water/sewer utility bonds and MR (described here by TG and Ren) thrown into the mix and multiplied over the life of the bonds as well as the extra monthly gasoline cost, I just wonder if the SD, OC and LA workers who CHOOSE to purchase their residence in TV are actually really saving any $$ on housing by situating their families there (which was the most oft-stated reason for buying there, in the first place).[/quote]

This is a little insulting, BG – assuming we made this huge decision without factoring in all the variables. We pay 1.52% total tax on a $250k property, plus $46 HOA. Our 4/3 2100sf house would cost $600k-700k in Carlsbad (that includes many built in the 70’s and 80’s – not a lot of savings on older homes), $500k in San Marcos. Escondido and Vista are mostly pits and not much cheaper than San Marcos (been there, done that).

So, you can have a $250k house at 1.5%, or a $600k house at 1.0-1.1%. Figure $400/month extra for gas, offset by $200 savings in childcare. I’ll let you do the math this time – we already have.

As for time spent away from family, don’t forget to factor in the early retirement. That’s many more years spent with the kids before they go to college.

[bearishgurl]

[quote=Ren] . . . We pay 1.52% total tax on a $250k property, plus $46 HOA. Our 4/3 2100sf house would cost $600k-700k in Carlsbad (that includes many built in the 70’s and 80’s – not a lot of savings on older homes), $500k in San Marcos. Escondido and Vista are mostly pits and not much cheaper than San Marcos (been there, done that).

So, you can have a $250k house at 1.5%, or a $600k house at 1.0-1.1%. Figure $400/month extra for gas, offset by $200 savings in childcare. I’ll let you do the math this time – we already have.

As for time spent away from family, don’t forget to factor in the early retirement. That’s many more years spent with the kids before they go to college.[/quote](emphasis added)

Ren, first of all, my questions (above) weren’t directed at you. You have already posted earlier what your tax rate was and it is obvious here that you did not move to TV to purchase a “McMansion.” And those prices you mentioned for Carlsbad and SM (above) may have been in effect at the time you were “in the market” but I believe they are somewhat lower now.

However, it is telling that you believe Escondido (pop 147,514) and Vista (pop 97,513) are “mostly pits” (in comparison to Temecula [pop 105,029]). Actually, legally speaking, San Marcos is more poorly-zoned that either Vista or Escondido and zoning (or lack thereof) is what primarily determines the liveability of a community. As big as these two cities are, I can think of several areas in them that are VERY nice to live in. And I never even asked here if those Piggs considered the far-flung communities of Fallbrook and Bonsall before deciding to leave the county.

Ren, your “retirement plans” while your kids are still minors, while admirable and ambitious, presumes many factors which may or may not be within your control:

You will remain in your current home for the duration;

you will (hopefully) be able to pay off the mortgage on your current home;

you will have job security and so will your spouse;

neither of your jobs will move further away than they currently are;

the cost of utilities will not raise appreciably;

you will stay married and will not otherwise be a party to any “involuntary” lawsuits;

if you purchase rental properties (as you prev. stated was your plan), your tenants stay long-term, pay their rent on time every month, never damage your property beyond the amount of their deposit and you do NOT have frequent vacancies;

you are able to unload any or all of your rental properties exactly WHEN you need to for the PRICE you want;

and, no one in your family has any catastrophic health issues which max out your health care plan, etc.

Ren, before moving away, had you ever considered buying a “dump” in SD County in a good area for $250-$300K and rehabbing it gradually so that you could eventually sell it after your kids leave and add another $300K or so to your “retirement plan?” Or, do you think your present property in TV will appeciate by that much by the time you want to sell it and retire?

[bearishgurl]

[quote=Ren] . . . We pay 1.52% total tax on a $250k property, plus $46 HOA. Our 4/3 2100sf house would cost $600k-700k in Carlsbad (that includes many built in the 70’s and 80’s – not a lot of savings on older homes), $500k in San Marcos. Escondido and Vista are mostly pits and not much cheaper than San Marcos (been there, done that).

So, you can have a $250k house at 1.5%, or a $600k house at 1.0-1.1%. Figure $400/month extra for gas, offset by $200 savings in childcare. I’ll let you do the math this time – we already have.

As for time spent away from family, don’t forget to factor in the early retirement. That’s many more years spent with the kids before they go to college.[/quote](emphasis added)

Ren, first of all, my questions (above) weren’t directed at you. You have already posted earlier what your tax rate was and it is obvious here that you did not move to TV to purchase a “McMansion.” And those prices you mentioned for Carlsbad and SM (above) may have been in effect at the time you were “in the market” but I believe they are somewhat lower now.

However, it is telling that you believe Escondido (pop 147,514) and Vista (pop 97,513) are “mostly pits” (in comparison to Temecula [pop 105,029]). Actually, legally speaking, San Marcos is more poorly-zoned that either Vista or Escondido and zoning (or lack thereof) is what primarily determines the liveability of a community. As big as these two cities are, I can think of several areas in them that are VERY nice to live in. And I never even asked here if those Piggs considered the far-flung communities of Fallbrook and Bonsall before deciding to leave the county.

Ren, your “retirement plans” while your kids are still minors, while admirable and ambitious, presumes many factors which may or may not be within your control:

You will remain in your current home for the duration;

you will (hopefully) be able to pay off the mortgage on your current home;

you will have job security and so will your spouse;

neither of your jobs will move further away than they currently are;

the cost of utilities will not raise appreciably;

you will stay married and will not otherwise be a party to any “involuntary” lawsuits;

if you purchase rental properties (as you prev. stated was your plan), your tenants stay long-term, pay their rent on time every month, never damage your property beyond the amount of their deposit and you do NOT have frequent vacancies;

you are able to unload any or all of your rental properties exactly WHEN you need to for the PRICE you want;

and, no one in your family has any catastrophic health issues which max out your health care plan, etc.

Ren, before moving away, had you ever considered buying a “dump” in SD County in a good area for $250-$300K and rehabbing it gradually so that you could eventually sell it after your kids leave and add another $300K or so to your “retirement plan?” Or, do you think your present property in TV will appeciate by that much by the time you want to sell it and retire?

[bearishgurl]

[quote=Ren] . . . We pay 1.52% total tax on a $250k property, plus $46 HOA. Our 4/3 2100sf house would cost $600k-700k in Carlsbad (that includes many built in the 70’s and 80’s – not a lot of savings on older homes), $500k in San Marcos. Escondido and Vista are mostly pits and not much cheaper than San Marcos (been there, done that).

So, you can have a $250k house at 1.5%, or a $600k house at 1.0-1.1%. Figure $400/month extra for gas, offset by $200 savings in childcare. I’ll let you do the math this time – we already have.

As for time spent away from family, don’t forget to factor in the early retirement. That’s many more years spent with the kids before they go to college.[/quote](emphasis added)

Ren, first of all, my questions (above) weren’t directed at you. You have already posted earlier what your tax rate was and it is obvious here that you did not move to TV to purchase a “McMansion.” And those prices you mentioned for Carlsbad and SM (above) may have been in effect at the time you were “in the market” but I believe they are somewhat lower now.

However, it is telling that you believe Escondido (pop 147,514) and Vista (pop 97,513) are “mostly pits” (in comparison to Temecula [pop 105,029]). Actually, legally speaking, San Marcos is more poorly-zoned that either Vista or Escondido and zoning (or lack thereof) is what primarily determines the liveability of a community. As big as these two cities are, I can think of several areas in them that are VERY nice to live in. And I never even asked here if those Piggs considered the far-flung communities of Fallbrook and Bonsall before deciding to leave the county.

Ren, your “retirement plans” while your kids are still minors, while admirable and ambitious, presumes many factors which may or may not be within your control:

You will remain in your current home for the duration;

you will (hopefully) be able to pay off the mortgage on your current home;

you will have job security and so will your spouse;

neither of your jobs will move further away than they currently are;

the cost of utilities will not raise appreciably;

you will stay married and will not otherwise be a party to any “involuntary” lawsuits;

if you purchase rental properties (as you prev. stated was your plan), your tenants stay long-term, pay their rent on time every month, never damage your property beyond the amount of their deposit and you do NOT have frequent vacancies;

you are able to unload any or all of your rental properties exactly WHEN you need to for the PRICE you want;

and, no one in your family has any catastrophic health issues which max out your health care plan, etc.

Ren, before moving away, had you ever considered buying a “dump” in SD County in a good area for $250-$300K and rehabbing it gradually so that you could eventually sell it after your kids leave and add another $300K or so to your “retirement plan?” Or, do you think your present property in TV will appeciate by that much by the time you want to sell it and retire?

[bearishgurl]

[quote=Ren] . . . We pay 1.52% total tax on a $250k property, plus $46 HOA. Our 4/3 2100sf house would cost $600k-700k in Carlsbad (that includes many built in the 70’s and 80’s – not a lot of savings on older homes), $500k in San Marcos. Escondido and Vista are mostly pits and not much cheaper than San Marcos (been there, done that).

So, you can have a $250k house at 1.5%, or a $600k house at 1.0-1.1%. Figure $400/month extra for gas, offset by $200 savings in childcare. I’ll let you do the math this time – we already have.

As for time spent away from family, don’t forget to factor in the early retirement. That’s many more years spent with the kids before they go to college.[/quote](emphasis added)

Ren, first of all, my questions (above) weren’t directed at you. You have already posted earlier what your tax rate was and it is obvious here that you did not move to TV to purchase a “McMansion.” And those prices you mentioned for Carlsbad and SM (above) may have been in effect at the time you were “in the market” but I believe they are somewhat lower now.

However, it is telling that you believe Escondido (pop 147,514) and Vista (pop 97,513) are “mostly pits” (in comparison to Temecula [pop 105,029]). Actually, legally speaking, San Marcos is more poorly-zoned that either Vista or Escondido and zoning (or lack thereof) is what primarily determines the liveability of a community. As big as these two cities are, I can think of several areas in them that are VERY nice to live in. And I never even asked here if those Piggs considered the far-flung communities of Fallbrook and Bonsall before deciding to leave the county.

Ren, your “retirement plans” while your kids are still minors, while admirable and ambitious, presumes many factors which may or may not be within your control:

You will remain in your current home for the duration;

you will (hopefully) be able to pay off the mortgage on your current home;

you will have job security and so will your spouse;

neither of your jobs will move further away than they currently are;

the cost of utilities will not raise appreciably;

you will stay married and will not otherwise be a party to any “involuntary” lawsuits;

if you purchase rental properties (as you prev. stated was your plan), your tenants stay long-term, pay their rent on time every month, never damage your property beyond the amount of their deposit and you do NOT have frequent vacancies;

you are able to unload any or all of your rental properties exactly WHEN you need to for the PRICE you want;

and, no one in your family has any catastrophic health issues which max out your health care plan, etc.

Ren, before moving away, had you ever considered buying a “dump” in SD County in a good area for $250-$300K and rehabbing it gradually so that you could eventually sell it after your kids leave and add another $300K or so to your “retirement plan?” Or, do you think your present property in TV will appeciate by that much by the time you want to sell it and retire?

[bearishgurl]

[quote=Ren] . . . We pay 1.52% total tax on a $250k property, plus $46 HOA. Our 4/3 2100sf house would cost $600k-700k in Carlsbad (that includes many built in the 70’s and 80’s – not a lot of savings on older homes), $500k in San Marcos. Escondido and Vista are mostly pits and not much cheaper than San Marcos (been there, done that).

So, you can have a $250k house at 1.5%, or a $600k house at 1.0-1.1%. Figure $400/month extra for gas, offset by $200 savings in childcare. I’ll let you do the math this time – we already have.

As for time spent away from family, don’t forget to factor in the early retirement. That’s many more years spent with the kids before they go to college.[/quote](emphasis added)

Ren, first of all, my questions (above) weren’t directed at you. You have already posted earlier what your tax rate was and it is obvious here that you did not move to TV to purchase a “McMansion.” And those prices you mentioned for Carlsbad and SM (above) may have been in effect at the time you were “in the market” but I believe they are somewhat lower now.

However, it is telling that you believe Escondido (pop 147,514) and Vista (pop 97,513) are “mostly pits” (in comparison to Temecula [pop 105,029]). Actually, legally speaking, San Marcos is more poorly-zoned that either Vista or Escondido and zoning (or lack thereof) is what primarily determines the liveability of a community. As big as these two cities are, I can think of several areas in them that are VERY nice to live in. And I never even asked here if those Piggs considered the far-flung communities of Fallbrook and Bonsall before deciding to leave the county.

Ren, your “retirement plans” while your kids are still minors, while admirable and ambitious, presumes many factors which may or may not be within your control:

You will remain in your current home for the duration;

you will (hopefully) be able to pay off the mortgage on your current home;

you will have job security and so will your spouse;

neither of your jobs will move further away than they currently are;

the cost of utilities will not raise appreciably;

you will stay married and will not otherwise be a party to any “involuntary” lawsuits;

if you purchase rental properties (as you prev. stated was your plan), your tenants stay long-term, pay their rent on time every month, never damage your property beyond the amount of their deposit and you do NOT have frequent vacancies;

you are able to unload any or all of your rental properties exactly WHEN you need to for the PRICE you want;

and, no one in your family has any catastrophic health issues which max out your health care plan, etc.

Ren, before moving away, had you ever considered buying a “dump” in SD County in a good area for $250-$300K and rehabbing it gradually so that you could eventually sell it after your kids leave and add another $300K or so to your “retirement plan?” Or, do you think your present property in TV will appeciate by that much by the time you want to sell it and retire?

[carlsbadworker]

bearishgurl, I am a number person, so don’t assume that I have not used my calculator.

I actually don’t have the long-term water/sewer bond that TG has. My overall property tax rate is about 1.2%. So have you thought about the property tax savings might actually offset the utility costs by living in TV?

I have lived in Oceanside, San Marcos, Vista and Carlsbad before. And I have other family reasons to move to Temecula rather than staying in NC (I rented in TV more than 2 years before my purchase. So it was only a rent v.s. buy decision when I bought). But that’s beside the point. The point is, if you have read my previous posts, I have never claimed that buying in TV is the best investment that one can make. In fact, I have been arguing that it depends on the long-term appreciation potential of the neighborhood which I don’t have a crystal ball to forecast.

But all the Temecula haters seem to get so focused on all the negative points of living in Temecula that they refuse to see the different view points offered by the TV residents to correct those bias.
For example, why does everyone think that commute is a waste of life? It really depends on how you use it. It is not an extra 2 hours each day as everyone likes to describe it (first of all, you don’t live in the office, when you live near your company. second, there’re many other scenarios that TG and I tried to illustrate: work-from-home, job-that-requires travel and spend-commute-time-as-office-time!) While commuting and listening to educational CDs, I was actually able to move my career path in a direction that I want. Because my commute-time-as-office-time was spent on areas where my development is needed rather than being dragged in the direction that my co-workers expect me when I am in the office.

Again, if you want to understand “the psychology behind RE buyers who favor long-distance commuting”, that’s what I can offer. In the end, it is a very low-risk bet to buy in TV at the moment. Things may not work out (as for paramount), but so what? We have not yet seen evidences that he was financially wrecked by the decision to buy in TV. In fact, if one is a number person, it is hard to be financially destroyed by RE purchase that can be cash flow positive. I am not saying that it is not possible. Life is unpredictable and that’s the beauty of it. Yes, there are many factors which may or may not be within our control. But, the risk is considerably smaller because the math checks out, and you can rent out the property so it won’t be a drag in your financial reality when these unknown factors come in. There are of course factors that you can not react to with the best planning, but that doesn’t mean that we are not making rational decision based on the most likely scenarios.

[carlsbadworker]

bearishgurl, I am a number person, so don’t assume that I have not used my calculator.

I actually don’t have the long-term water/sewer bond that TG has. My overall property tax rate is about 1.2%. So have you thought about the property tax savings might actually offset the utility costs by living in TV?

I have lived in Oceanside, San Marcos, Vista and Carlsbad before. And I have other family reasons to move to Temecula rather than staying in NC (I rented in TV more than 2 years before my purchase. So it was only a rent v.s. buy decision when I bought). But that’s beside the point. The point is, if you have read my previous posts, I have never claimed that buying in TV is the best investment that one can make. In fact, I have been arguing that it depends on the long-term appreciation potential of the neighborhood which I don’t have a crystal ball to forecast.

But all the Temecula haters seem to get so focused on all the negative points of living in Temecula that they refuse to see the different view points offered by the TV residents to correct those bias.
For example, why does everyone think that commute is a waste of life? It really depends on how you use it. It is not an extra 2 hours each day as everyone likes to describe it (first of all, you don’t live in the office, when you live near your company. second, there’re many other scenarios that TG and I tried to illustrate: work-from-home, job-that-requires travel and spend-commute-time-as-office-time!) While commuting and listening to educational CDs, I was actually able to move my career path in a direction that I want. Because my commute-time-as-office-time was spent on areas where my development is needed rather than being dragged in the direction that my co-workers expect me when I am in the office.

Again, if you want to understand “the psychology behind RE buyers who favor long-distance commuting”, that’s what I can offer. In the end, it is a very low-risk bet to buy in TV at the moment. Things may not work out (as for paramount), but so what? We have not yet seen evidences that he was financially wrecked by the decision to buy in TV. In fact, if one is a number person, it is hard to be financially destroyed by RE purchase that can be cash flow positive. I am not saying that it is not possible. Life is unpredictable and that’s the beauty of it. Yes, there are many factors which may or may not be within our control. But, the risk is considerably smaller because the math checks out, and you can rent out the property so it won’t be a drag in your financial reality when these unknown factors come in. There are of course factors that you can not react to with the best planning, but that doesn’t mean that we are not making rational decision based on the most likely scenarios.

[carlsbadworker]

bearishgurl, I am a number person, so don’t assume that I have not used my calculator.

I actually don’t have the long-term water/sewer bond that TG has. My overall property tax rate is about 1.2%. So have you thought about the property tax savings might actually offset the utility costs by living in TV?

I have lived in Oceanside, San Marcos, Vista and Carlsbad before. And I have other family reasons to move to Temecula rather than staying in NC (I rented in TV more than 2 years before my purchase. So it was only a rent v.s. buy decision when I bought). But that’s beside the point. The point is, if you have read my previous posts, I have never claimed that buying in TV is the best investment that one can make. In fact, I have been arguing that it depends on the long-term appreciation potential of the neighborhood which I don’t have a crystal ball to forecast.

But all the Temecula haters seem to get so focused on all the negative points of living in Temecula that they refuse to see the different view points offered by the TV residents to correct those bias.
For example, why does everyone think that commute is a waste of life? It really depends on how you use it. It is not an extra 2 hours each day as everyone likes to describe it (first of all, you don’t live in the office, when you live near your company. second, there’re many other scenarios that TG and I tried to illustrate: work-from-home, job-that-requires travel and spend-commute-time-as-office-time!) While commuting and listening to educational CDs, I was actually able to move my career path in a direction that I want. Because my commute-time-as-office-time was spent on areas where my development is needed rather than being dragged in the direction that my co-workers expect me when I am in the office.

Again, if you want to understand “the psychology behind RE buyers who favor long-distance commuting”, that’s what I can offer. In the end, it is a very low-risk bet to buy in TV at the moment. Things may not work out (as for paramount), but so what? We have not yet seen evidences that he was financially wrecked by the decision to buy in TV. In fact, if one is a number person, it is hard to be financially destroyed by RE purchase that can be cash flow positive. I am not saying that it is not possible. Life is unpredictable and that’s the beauty of it. Yes, there are many factors which may or may not be within our control. But, the risk is considerably smaller because the math checks out, and you can rent out the property so it won’t be a drag in your financial reality when these unknown factors come in. There are of course factors that you can not react to with the best planning, but that doesn’t mean that we are not making rational decision based on the most likely scenarios.

[carlsbadworker]

bearishgurl, I am a number person, so don’t assume that I have not used my calculator.

I actually don’t have the long-term water/sewer bond that TG has. My overall property tax rate is about 1.2%. So have you thought about the property tax savings might actually offset the utility costs by living in TV?

I have lived in Oceanside, San Marcos, Vista and Carlsbad before. And I have other family reasons to move to Temecula rather than staying in NC (I rented in TV more than 2 years before my purchase. So it was only a rent v.s. buy decision when I bought). But that’s beside the point. The point is, if you have read my previous posts, I have never claimed that buying in TV is the best investment that one can make. In fact, I have been arguing that it depends on the long-term appreciation potential of the neighborhood which I don’t have a crystal ball to forecast.

But all the Temecula haters seem to get so focused on all the negative points of living in Temecula that they refuse to see the different view points offered by the TV residents to correct those bias.
For example, why does everyone think that commute is a waste of life? It really depends on how you use it. It is not an extra 2 hours each day as everyone likes to describe it (first of all, you don’t live in the office, when you live near your company. second, there’re many other scenarios that TG and I tried to illustrate: work-from-home, job-that-requires travel and spend-commute-time-as-office-time!) While commuting and listening to educational CDs, I was actually able to move my career path in a direction that I want. Because my commute-time-as-office-time was spent on areas where my development is needed rather than being dragged in the direction that my co-workers expect me when I am in the office.

Again, if you want to understand “the psychology behind RE buyers who favor long-distance commuting”, that’s what I can offer. In the end, it is a very low-risk bet to buy in TV at the moment. Things may not work out (as for paramount), but so what? We have not yet seen evidences that he was financially wrecked by the decision to buy in TV. In fact, if one is a number person, it is hard to be financially destroyed by RE purchase that can be cash flow positive. I am not saying that it is not possible. Life is unpredictable and that’s the beauty of it. Yes, there are many factors which may or may not be within our control. But, the risk is considerably smaller because the math checks out, and you can rent out the property so it won’t be a drag in your financial reality when these unknown factors come in. There are of course factors that you can not react to with the best planning, but that doesn’t mean that we are not making rational decision based on the most likely scenarios.

[carlsbadworker]

bearishgurl, I am a number person, so don’t assume that I have not used my calculator.

I actually don’t have the long-term water/sewer bond that TG has. My overall property tax rate is about 1.2%. So have you thought about the property tax savings might actually offset the utility costs by living in TV?

I have lived in Oceanside, San Marcos, Vista and Carlsbad before. And I have other family reasons to move to Temecula rather than staying in NC (I rented in TV more than 2 years before my purchase. So it was only a rent v.s. buy decision when I bought). But that’s beside the point. The point is, if you have read my previous posts, I have never claimed that buying in TV is the best investment that one can make. In fact, I have been arguing that it depends on the long-term appreciation potential of the neighborhood which I don’t have a crystal ball to forecast.

But all the Temecula haters seem to get so focused on all the negative points of living in Temecula that they refuse to see the different view points offered by the TV residents to correct those bias.
For example, why does everyone think that commute is a waste of life? It really depends on how you use it. It is not an extra 2 hours each day as everyone likes to describe it (first of all, you don’t live in the office, when you live near your company. second, there’re many other scenarios that TG and I tried to illustrate: work-from-home, job-that-requires travel and spend-commute-time-as-office-time!) While commuting and listening to educational CDs, I was actually able to move my career path in a direction that I want. Because my commute-time-as-office-time was spent on areas where my development is needed rather than being dragged in the direction that my co-workers expect me when I am in the office.

Again, if you want to understand “the psychology behind RE buyers who favor long-distance commuting”, that’s what I can offer. In the end, it is a very low-risk bet to buy in TV at the moment. Things may not work out (as for paramount), but so what? We have not yet seen evidences that he was financially wrecked by the decision to buy in TV. In fact, if one is a number person, it is hard to be financially destroyed by RE purchase that can be cash flow positive. I am not saying that it is not possible. Life is unpredictable and that’s the beauty of it. Yes, there are many factors which may or may not be within our control. But, the risk is considerably smaller because the math checks out, and you can rent out the property so it won’t be a drag in your financial reality when these unknown factors come in. There are of course factors that you can not react to with the best planning, but that doesn’t mean that we are not making rational decision based on the most likely scenarios.

[temeculaguy]

BG, literally only a few hundred people pay the water bond I mentioned, I believe I detailed that when I first mentioned it, prhaps I was too detailed. The reason I chose to select the particular tract that I did was because I wanted the water bond, I factored it into my offer and then some. 99.7% of people in this valley do not have that bond, just one neighborhood, and it played a significant role in the price decreases because buyers got fixated on tax percentages. I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.

[temeculaguy]

BG, literally only a few hundred people pay the water bond I mentioned, I believe I detailed that when I first mentioned it, prhaps I was too detailed. The reason I chose to select the particular tract that I did was because I wanted the water bond, I factored it into my offer and then some. 99.7% of people in this valley do not have that bond, just one neighborhood, and it played a significant role in the price decreases because buyers got fixated on tax percentages. I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.

[temeculaguy]

BG, literally only a few hundred people pay the water bond I mentioned, I believe I detailed that when I first mentioned it, prhaps I was too detailed. The reason I chose to select the particular tract that I did was because I wanted the water bond, I factored it into my offer and then some. 99.7% of people in this valley do not have that bond, just one neighborhood, and it played a significant role in the price decreases because buyers got fixated on tax percentages. I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.

[temeculaguy]

BG, literally only a few hundred people pay the water bond I mentioned, I believe I detailed that when I first mentioned it, prhaps I was too detailed. The reason I chose to select the particular tract that I did was because I wanted the water bond, I factored it into my offer and then some. 99.7% of people in this valley do not have that bond, just one neighborhood, and it played a significant role in the price decreases because buyers got fixated on tax percentages. I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.

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