Temecula Horse properties

[scaredyclassic]

there’s gotta be a lot of mini-mogul wannabe ranchers who atm’ed their wine country spreads and who are hanging on by a thread. can the last poster be the only one? since nothing, like, nothing at all, is selling out there, who has an idea at allw hata place out there is worth?

also, the place is definitely not “wrothless”…i’d buy it. i’d pay a lot for it. i just wont pay 500k. somewhere nice for around 1999 price? sure. that’s a far cry from worthless, though it’s also a far cry from the cool million give-or-take that the place was atm’ed for…

[scaredyclassic]

what possible research could indicate the place is at the bottom, with no recent comps out there, at least according to one agent i talked to on a place. i’d say of all places, wine country seems far from the bottom, expensive to maintain, maybe justa little too bad for some commutes…

[scaredyclassic]

what possible research could indicate the place is at the bottom, with no recent comps out there, at least according to one agent i talked to on a place. i’d say of all places, wine country seems far from the bottom, expensive to maintain, maybe justa little too bad for some commutes…

[scaredyclassic]

what possible research could indicate the place is at the bottom, with no recent comps out there, at least according to one agent i talked to on a place. i’d say of all places, wine country seems far from the bottom, expensive to maintain, maybe justa little too bad for some commutes…

[scaredyclassic]

what possible research could indicate the place is at the bottom, with no recent comps out there, at least according to one agent i talked to on a place. i’d say of all places, wine country seems far from the bottom, expensive to maintain, maybe justa little too bad for some commutes…

[scaredyclassic]

what possible research could indicate the place is at the bottom, with no recent comps out there, at least according to one agent i talked to on a place. i’d say of all places, wine country seems far from the bottom, expensive to maintain, maybe justa little too bad for some commutes…

[PadreBrian]

[[email protected]]I’m a wine country ranch owner, been here 12 years, poured every last dollar into my 2.5 acre beauty. Used it as an ATM. It’s the best spot on earth and was valued at a million at the peak of the bubble. The poster is right – denial is strong here. It’s difficult to admit that we are “under water” but I can’t keep justifying throwing money away so I am considering short-selling or foreclosure. The horse culture is passionate, but at least two of the big ranches in Valle des los Caballos are for sale and one is for lease.[/quote]

Short sale, and be done with it. I still can’t believe you bought at the perfect time 12 years ago, then used it as an atm during the bubble. 🙁

[PadreBrian]

[[email protected]]I’m a wine country ranch owner, been here 12 years, poured every last dollar into my 2.5 acre beauty. Used it as an ATM. It’s the best spot on earth and was valued at a million at the peak of the bubble. The poster is right – denial is strong here. It’s difficult to admit that we are “under water” but I can’t keep justifying throwing money away so I am considering short-selling or foreclosure. The horse culture is passionate, but at least two of the big ranches in Valle des los Caballos are for sale and one is for lease.[/quote]

Short sale, and be done with it. I still can’t believe you bought at the perfect time 12 years ago, then used it as an atm during the bubble. 🙁

[PadreBrian]

[[email protected]]I’m a wine country ranch owner, been here 12 years, poured every last dollar into my 2.5 acre beauty. Used it as an ATM. It’s the best spot on earth and was valued at a million at the peak of the bubble. The poster is right – denial is strong here. It’s difficult to admit that we are “under water” but I can’t keep justifying throwing money away so I am considering short-selling or foreclosure. The horse culture is passionate, but at least two of the big ranches in Valle des los Caballos are for sale and one is for lease.[/quote]

Short sale, and be done with it. I still can’t believe you bought at the perfect time 12 years ago, then used it as an atm during the bubble. 🙁

[PadreBrian]

[[email protected]]I’m a wine country ranch owner, been here 12 years, poured every last dollar into my 2.5 acre beauty. Used it as an ATM. It’s the best spot on earth and was valued at a million at the peak of the bubble. The poster is right – denial is strong here. It’s difficult to admit that we are “under water” but I can’t keep justifying throwing money away so I am considering short-selling or foreclosure. The horse culture is passionate, but at least two of the big ranches in Valle des los Caballos are for sale and one is for lease.[/quote]

Short sale, and be done with it. I still can’t believe you bought at the perfect time 12 years ago, then used it as an atm during the bubble. 🙁

[PadreBrian]

[[email protected]]I’m a wine country ranch owner, been here 12 years, poured every last dollar into my 2.5 acre beauty. Used it as an ATM. It’s the best spot on earth and was valued at a million at the peak of the bubble. The poster is right – denial is strong here. It’s difficult to admit that we are “under water” but I can’t keep justifying throwing money away so I am considering short-selling or foreclosure. The horse culture is passionate, but at least two of the big ranches in Valle des los Caballos are for sale and one is for lease.[/quote]

Short sale, and be done with it. I still can’t believe you bought at the perfect time 12 years ago, then used it as an atm during the bubble. 🙁

[svelte]

You know, I keep reading on this board that we will never see home prices where they were two years ago again in our lifetime.

First, I think that comment depends upon whether you’re 20 or 60…it may be true if you’re 60, it certainly isn’t true if you’re 20.

Second, to get where they were, home prices would have to roughly double. That has certainly happened before in as little as 10 years, and I have no doubt it can happen again.

My pop bought a home in Podunk, CA (not the town’s real name) in 1970 for $21K. Ten years later, he was able sell it for over $50K and he had done very little to the home…not even paint or carpet.

True there was quite a bit of inflation in the 1970s, but that sort of thing could certainly happen again. I don’t think it is far-fetched at all to believe home prices could double in 20 years, and perhaps much less than that.

[svelte]

You know, I keep reading on this board that we will never see home prices where they were two years ago again in our lifetime.

First, I think that comment depends upon whether you’re 20 or 60…it may be true if you’re 60, it certainly isn’t true if you’re 20.

Second, to get where they were, home prices would have to roughly double. That has certainly happened before in as little as 10 years, and I have no doubt it can happen again.

My pop bought a home in Podunk, CA (not the town’s real name) in 1970 for $21K. Ten years later, he was able sell it for over $50K and he had done very little to the home…not even paint or carpet.

True there was quite a bit of inflation in the 1970s, but that sort of thing could certainly happen again. I don’t think it is far-fetched at all to believe home prices could double in 20 years, and perhaps much less than that.

[svelte]

You know, I keep reading on this board that we will never see home prices where they were two years ago again in our lifetime.

First, I think that comment depends upon whether you’re 20 or 60…it may be true if you’re 60, it certainly isn’t true if you’re 20.

Second, to get where they were, home prices would have to roughly double. That has certainly happened before in as little as 10 years, and I have no doubt it can happen again.

My pop bought a home in Podunk, CA (not the town’s real name) in 1970 for $21K. Ten years later, he was able sell it for over $50K and he had done very little to the home…not even paint or carpet.

True there was quite a bit of inflation in the 1970s, but that sort of thing could certainly happen again. I don’t think it is far-fetched at all to believe home prices could double in 20 years, and perhaps much less than that.

[svelte]

You know, I keep reading on this board that we will never see home prices where they were two years ago again in our lifetime.

First, I think that comment depends upon whether you’re 20 or 60…it may be true if you’re 60, it certainly isn’t true if you’re 20.

Second, to get where they were, home prices would have to roughly double. That has certainly happened before in as little as 10 years, and I have no doubt it can happen again.

My pop bought a home in Podunk, CA (not the town’s real name) in 1970 for $21K. Ten years later, he was able sell it for over $50K and he had done very little to the home…not even paint or carpet.

True there was quite a bit of inflation in the 1970s, but that sort of thing could certainly happen again. I don’t think it is far-fetched at all to believe home prices could double in 20 years, and perhaps much less than that.

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