Still looking in Temecula, but…

[Aecetia]

Tony S. check out this previous discussion of Temecula from approximately 2+ weeks ago. I think it might answer most of your questions.

This is the title: “$200K price drop on house…what’s going on in Temecula?”

[bearvine]

Imagine Wolf Creek if it were next to this casino:

http://www.pe.com/localnews/inland/stories/PE_News_Local_D_sanmanuel20.326b1d7.html
Errant members, gangster friends give San Manuel casino headaches, ex-employees say

____________________

Temecula should count its blessings that Pechanga is a well run casino, and that they take their role in the community seriously.

But even then, the element of risk is there, 24/7. No matter how well run it is, it can bring in the wrong element at times. And if the Pechanga force does their job and pushes them out, where are they going? Outside the casino. Are Temecula’s finest going to be waiting? Sometimes, but not always.

OK, now I’m going McNulty and beating this issue to death.

[bearvine]

Imagine Wolf Creek if it were next to this casino:

http://www.pe.com/localnews/inland/stories/PE_News_Local_D_sanmanuel20.326b1d7.html
Errant members, gangster friends give San Manuel casino headaches, ex-employees say

____________________

Temecula should count its blessings that Pechanga is a well run casino, and that they take their role in the community seriously.

But even then, the element of risk is there, 24/7. No matter how well run it is, it can bring in the wrong element at times. And if the Pechanga force does their job and pushes them out, where are they going? Outside the casino. Are Temecula’s finest going to be waiting? Sometimes, but not always.

OK, now I’m going McNulty and beating this issue to death.

[bearvine]

Imagine Wolf Creek if it were next to this casino:

http://www.pe.com/localnews/inland/stories/PE_News_Local_D_sanmanuel20.326b1d7.html
Errant members, gangster friends give San Manuel casino headaches, ex-employees say

____________________

Temecula should count its blessings that Pechanga is a well run casino, and that they take their role in the community seriously.

But even then, the element of risk is there, 24/7. No matter how well run it is, it can bring in the wrong element at times. And if the Pechanga force does their job and pushes them out, where are they going? Outside the casino. Are Temecula’s finest going to be waiting? Sometimes, but not always.

OK, now I’m going McNulty and beating this issue to death.

[bearvine]

Imagine Wolf Creek if it were next to this casino:

http://www.pe.com/localnews/inland/stories/PE_News_Local_D_sanmanuel20.326b1d7.html
Errant members, gangster friends give San Manuel casino headaches, ex-employees say

____________________

Temecula should count its blessings that Pechanga is a well run casino, and that they take their role in the community seriously.

But even then, the element of risk is there, 24/7. No matter how well run it is, it can bring in the wrong element at times. And if the Pechanga force does their job and pushes them out, where are they going? Outside the casino. Are Temecula’s finest going to be waiting? Sometimes, but not always.

OK, now I’m going McNulty and beating this issue to death.

[bearvine]

Imagine Wolf Creek if it were next to this casino:

http://www.pe.com/localnews/inland/stories/PE_News_Local_D_sanmanuel20.326b1d7.html
Errant members, gangster friends give San Manuel casino headaches, ex-employees say

____________________

Temecula should count its blessings that Pechanga is a well run casino, and that they take their role in the community seriously.

But even then, the element of risk is there, 24/7. No matter how well run it is, it can bring in the wrong element at times. And if the Pechanga force does their job and pushes them out, where are they going? Outside the casino. Are Temecula’s finest going to be waiting? Sometimes, but not always.

OK, now I’m going McNulty and beating this issue to death.

[bearvine]

French Valley News:

One more reason not to live in French Valley that hasn’t been mentioned: the prison.

Perhaps these guys are current home owners in FV trying to avoid foreclosure, or former tenants at the facility:
_______________
Three masked men rob French Valley bank

08:30 AM PST on Monday, January 21, 2008

By Doug Haberman
The Press-Enterprise

A Bank of America on Benton Road near Winchester Road just north of French Valley Airport was robbed at about 9:10 a.m. Saturday, a Riverside County sheriff’s official said.

Three men wearing masks over their faces and armed with handguns got away with an undisclosed amount of money, sheriff’s Investigator Jerry Franchville said.

No one was hurt.

The Sheriff’s Department had made no arrests by mid-afternoon, Franchville said.

http://www.pe.com/localnews/temecula/stories/PE_news_local_S_briefs_bankrobbery.441ba861.html

[bearvine]

French Valley News:

One more reason not to live in French Valley that hasn’t been mentioned: the prison.

Perhaps these guys are current home owners in FV trying to avoid foreclosure, or former tenants at the facility:
_______________
Three masked men rob French Valley bank

08:30 AM PST on Monday, January 21, 2008

By Doug Haberman
The Press-Enterprise

A Bank of America on Benton Road near Winchester Road just north of French Valley Airport was robbed at about 9:10 a.m. Saturday, a Riverside County sheriff’s official said.

Three men wearing masks over their faces and armed with handguns got away with an undisclosed amount of money, sheriff’s Investigator Jerry Franchville said.

No one was hurt.

The Sheriff’s Department had made no arrests by mid-afternoon, Franchville said.

http://www.pe.com/localnews/temecula/stories/PE_news_local_S_briefs_bankrobbery.441ba861.html

[bearvine]

French Valley News:

One more reason not to live in French Valley that hasn’t been mentioned: the prison.

Perhaps these guys are current home owners in FV trying to avoid foreclosure, or former tenants at the facility:
_______________
Three masked men rob French Valley bank

08:30 AM PST on Monday, January 21, 2008

By Doug Haberman
The Press-Enterprise

A Bank of America on Benton Road near Winchester Road just north of French Valley Airport was robbed at about 9:10 a.m. Saturday, a Riverside County sheriff’s official said.

Three men wearing masks over their faces and armed with handguns got away with an undisclosed amount of money, sheriff’s Investigator Jerry Franchville said.

No one was hurt.

The Sheriff’s Department had made no arrests by mid-afternoon, Franchville said.

http://www.pe.com/localnews/temecula/stories/PE_news_local_S_briefs_bankrobbery.441ba861.html

[bearvine]

French Valley News:

One more reason not to live in French Valley that hasn’t been mentioned: the prison.

Perhaps these guys are current home owners in FV trying to avoid foreclosure, or former tenants at the facility:
_______________
Three masked men rob French Valley bank

08:30 AM PST on Monday, January 21, 2008

By Doug Haberman
The Press-Enterprise

A Bank of America on Benton Road near Winchester Road just north of French Valley Airport was robbed at about 9:10 a.m. Saturday, a Riverside County sheriff’s official said.

Three men wearing masks over their faces and armed with handguns got away with an undisclosed amount of money, sheriff’s Investigator Jerry Franchville said.

No one was hurt.

The Sheriff’s Department had made no arrests by mid-afternoon, Franchville said.

http://www.pe.com/localnews/temecula/stories/PE_news_local_S_briefs_bankrobbery.441ba861.html

[bearvine]

French Valley News:

One more reason not to live in French Valley that hasn’t been mentioned: the prison.

Perhaps these guys are current home owners in FV trying to avoid foreclosure, or former tenants at the facility:
_______________
Three masked men rob French Valley bank

08:30 AM PST on Monday, January 21, 2008

By Doug Haberman
The Press-Enterprise

A Bank of America on Benton Road near Winchester Road just north of French Valley Airport was robbed at about 9:10 a.m. Saturday, a Riverside County sheriff’s official said.

Three men wearing masks over their faces and armed with handguns got away with an undisclosed amount of money, sheriff’s Investigator Jerry Franchville said.

No one was hurt.

The Sheriff’s Department had made no arrests by mid-afternoon, Franchville said.

http://www.pe.com/localnews/temecula/stories/PE_news_local_S_briefs_bankrobbery.441ba861.html

[bearvine]

Temecula deals for this market-

It goes without saying, if you don’t need to buy right now it is better to wait. However there are cases where buying may be necessary for an individual’s particular situation.

If you absolutely had to buy a home in Temecula right now (1031, tax reasons, parking dough, credit situation, job relocation incentive, etc) buy something like this now, then sit tight, get your dream home later in the next few years.

It will rent in the future with at worse a minimal negative, which you will make up for with the deal you get on your ideal home (Morgan at $75-90 in next few). And 10 years later, you’ll make some money.

That being said, if I had to buy, this is where I would in Temecula.

http://redfin.com/stingray/do/printable-listing?listing-id=1288250
Decent hood and 2002 pricing makes it hard to get hurt bad.

http://redfin.com/stingray/do/printable-listing?listing-id=1396812
Yea I know I’ve said Morgan will be cheaper, and it will, but this isn’t bad. The original sale price of $562 is real, the neighbors are ok (or were) and the home layout isnt bad. As a future rental, you will lose money as this house will cost you $2k mo pay, 150 HOA, and 500 taxes, so somewhere around 2500-2700, and rental for this house is $2k tops. So as I type this I’m talking myself out of it. Still this is a groundbreaking deal in Morgan.

http://redfin.com/stingray/do/printable-listing?listing-id=834508
Now I know former neighbors peruse this site, so I don’t want to give up my secret identity, but I do now the Morgan streets well as I walked them with the dogs frequently while we were there. This K Hov model was ok, Tudal used to be the showcase street, and at $406 this is less than K Hov sold the home for. If you are single, you can stay in the master, and rent the 4 other bedrooms to Pechanga cocktail waitresses and almost cover your payment. Rent based on their shifts so the house never gets crowded.

http://redfin.com/stingray/do/printable-listing?listing-id=1408968
Another Morgan deal that almost pencils out as a good deal using rent/own calculators. I will say that Morgan was the nicest of the neighborhoods we had homes in, and neighbors were great. This is a McMillin home.

http://redfin.com/stingray/do/printable-listing?listing-id=1216398
Only if they take $250 on this one.

Again, I will stress DO NOT BUY. But if you have to, go into one of these, with a qual letter, evidence of your down, say willing to do a quick escrow, and offer a strange number that is 10-15% less the asking, and that seller covers all closing costs. By strange number, if they are asking $406k, offer $369,888. For some reason I’ve found it confuses the seller, they spend too much time wondering why that number, and end up cutting the price more than they originally thought.

[bearvine]

Temecula deals for this market-

It goes without saying, if you don’t need to buy right now it is better to wait. However there are cases where buying may be necessary for an individual’s particular situation.

If you absolutely had to buy a home in Temecula right now (1031, tax reasons, parking dough, credit situation, job relocation incentive, etc) buy something like this now, then sit tight, get your dream home later in the next few years.

It will rent in the future with at worse a minimal negative, which you will make up for with the deal you get on your ideal home (Morgan at $75-90 in next few). And 10 years later, you’ll make some money.

That being said, if I had to buy, this is where I would in Temecula.

http://redfin.com/stingray/do/printable-listing?listing-id=1288250
Decent hood and 2002 pricing makes it hard to get hurt bad.

http://redfin.com/stingray/do/printable-listing?listing-id=1396812
Yea I know I’ve said Morgan will be cheaper, and it will, but this isn’t bad. The original sale price of $562 is real, the neighbors are ok (or were) and the home layout isnt bad. As a future rental, you will lose money as this house will cost you $2k mo pay, 150 HOA, and 500 taxes, so somewhere around 2500-2700, and rental for this house is $2k tops. So as I type this I’m talking myself out of it. Still this is a groundbreaking deal in Morgan.

http://redfin.com/stingray/do/printable-listing?listing-id=834508
Now I know former neighbors peruse this site, so I don’t want to give up my secret identity, but I do now the Morgan streets well as I walked them with the dogs frequently while we were there. This K Hov model was ok, Tudal used to be the showcase street, and at $406 this is less than K Hov sold the home for. If you are single, you can stay in the master, and rent the 4 other bedrooms to Pechanga cocktail waitresses and almost cover your payment. Rent based on their shifts so the house never gets crowded.

http://redfin.com/stingray/do/printable-listing?listing-id=1408968
Another Morgan deal that almost pencils out as a good deal using rent/own calculators. I will say that Morgan was the nicest of the neighborhoods we had homes in, and neighbors were great. This is a McMillin home.

http://redfin.com/stingray/do/printable-listing?listing-id=1216398
Only if they take $250 on this one.

Again, I will stress DO NOT BUY. But if you have to, go into one of these, with a qual letter, evidence of your down, say willing to do a quick escrow, and offer a strange number that is 10-15% less the asking, and that seller covers all closing costs. By strange number, if they are asking $406k, offer $369,888. For some reason I’ve found it confuses the seller, they spend too much time wondering why that number, and end up cutting the price more than they originally thought.

[bearvine]

Temecula deals for this market-

It goes without saying, if you don’t need to buy right now it is better to wait. However there are cases where buying may be necessary for an individual’s particular situation.

If you absolutely had to buy a home in Temecula right now (1031, tax reasons, parking dough, credit situation, job relocation incentive, etc) buy something like this now, then sit tight, get your dream home later in the next few years.

It will rent in the future with at worse a minimal negative, which you will make up for with the deal you get on your ideal home (Morgan at $75-90 in next few). And 10 years later, you’ll make some money.

That being said, if I had to buy, this is where I would in Temecula.

http://redfin.com/stingray/do/printable-listing?listing-id=1288250
Decent hood and 2002 pricing makes it hard to get hurt bad.

http://redfin.com/stingray/do/printable-listing?listing-id=1396812
Yea I know I’ve said Morgan will be cheaper, and it will, but this isn’t bad. The original sale price of $562 is real, the neighbors are ok (or were) and the home layout isnt bad. As a future rental, you will lose money as this house will cost you $2k mo pay, 150 HOA, and 500 taxes, so somewhere around 2500-2700, and rental for this house is $2k tops. So as I type this I’m talking myself out of it. Still this is a groundbreaking deal in Morgan.

http://redfin.com/stingray/do/printable-listing?listing-id=834508
Now I know former neighbors peruse this site, so I don’t want to give up my secret identity, but I do now the Morgan streets well as I walked them with the dogs frequently while we were there. This K Hov model was ok, Tudal used to be the showcase street, and at $406 this is less than K Hov sold the home for. If you are single, you can stay in the master, and rent the 4 other bedrooms to Pechanga cocktail waitresses and almost cover your payment. Rent based on their shifts so the house never gets crowded.

http://redfin.com/stingray/do/printable-listing?listing-id=1408968
Another Morgan deal that almost pencils out as a good deal using rent/own calculators. I will say that Morgan was the nicest of the neighborhoods we had homes in, and neighbors were great. This is a McMillin home.

http://redfin.com/stingray/do/printable-listing?listing-id=1216398
Only if they take $250 on this one.

Again, I will stress DO NOT BUY. But if you have to, go into one of these, with a qual letter, evidence of your down, say willing to do a quick escrow, and offer a strange number that is 10-15% less the asking, and that seller covers all closing costs. By strange number, if they are asking $406k, offer $369,888. For some reason I’ve found it confuses the seller, they spend too much time wondering why that number, and end up cutting the price more than they originally thought.

[bearvine]

Temecula deals for this market-

It goes without saying, if you don’t need to buy right now it is better to wait. However there are cases where buying may be necessary for an individual’s particular situation.

If you absolutely had to buy a home in Temecula right now (1031, tax reasons, parking dough, credit situation, job relocation incentive, etc) buy something like this now, then sit tight, get your dream home later in the next few years.

It will rent in the future with at worse a minimal negative, which you will make up for with the deal you get on your ideal home (Morgan at $75-90 in next few). And 10 years later, you’ll make some money.

That being said, if I had to buy, this is where I would in Temecula.

http://redfin.com/stingray/do/printable-listing?listing-id=1288250
Decent hood and 2002 pricing makes it hard to get hurt bad.

http://redfin.com/stingray/do/printable-listing?listing-id=1396812
Yea I know I’ve said Morgan will be cheaper, and it will, but this isn’t bad. The original sale price of $562 is real, the neighbors are ok (or were) and the home layout isnt bad. As a future rental, you will lose money as this house will cost you $2k mo pay, 150 HOA, and 500 taxes, so somewhere around 2500-2700, and rental for this house is $2k tops. So as I type this I’m talking myself out of it. Still this is a groundbreaking deal in Morgan.

http://redfin.com/stingray/do/printable-listing?listing-id=834508
Now I know former neighbors peruse this site, so I don’t want to give up my secret identity, but I do now the Morgan streets well as I walked them with the dogs frequently while we were there. This K Hov model was ok, Tudal used to be the showcase street, and at $406 this is less than K Hov sold the home for. If you are single, you can stay in the master, and rent the 4 other bedrooms to Pechanga cocktail waitresses and almost cover your payment. Rent based on their shifts so the house never gets crowded.

http://redfin.com/stingray/do/printable-listing?listing-id=1408968
Another Morgan deal that almost pencils out as a good deal using rent/own calculators. I will say that Morgan was the nicest of the neighborhoods we had homes in, and neighbors were great. This is a McMillin home.

http://redfin.com/stingray/do/printable-listing?listing-id=1216398
Only if they take $250 on this one.

Again, I will stress DO NOT BUY. But if you have to, go into one of these, with a qual letter, evidence of your down, say willing to do a quick escrow, and offer a strange number that is 10-15% less the asking, and that seller covers all closing costs. By strange number, if they are asking $406k, offer $369,888. For some reason I’ve found it confuses the seller, they spend too much time wondering why that number, and end up cutting the price more than they originally thought.

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