Temecula & Murrieta

[bearvine]

TG is right, if that house closes at that price, it will hasten the slide. More evidence to be patient, especially if you are cash rich, good credit, and have a solid w2 income.

If one was ready to buy with a 20% down on a McMillin Blackstone in Morgan Hill last year and passed on one of their $600k “deals,” by this winter you could buy at $300k, use $90k as a 25% down for a good loan on the same size home in an older Morgan tract (Khov, Artessa, Cristal, Shea) and have an extra $30g to customize.

[temeculaguy]

bear, I’d say you described me and my strategy exactly but I agreed earlier in the thread to stop bragging.

I’m actually holding out for more, I want sub 300k, you once predicted a possibility of $75 a square in Morgan, we are seeing that just outside it’s boundaries so it’s very likely I can catch a 2900 sq fter for 260 or 270, there are a few right now at 320-350, so my goal is attainable, possibly this winter, i think. With those numbers i’d feel safer that I caught a butterknife. For two years i’ve only looked at about four tracts in Redhawk and two in Wolf on the Southern side by the sports park, but with the constant fall in prices, The HOA and Taxes of Morgan don’t sting as bad.

http://www.redfin.com/CA/Temecula/33866-Calafia-St-92592/home/6570357

http://www.redfin.com/CA/Temecula/44709-Mumm-St-92592/home/6570489

http://www.redfin.com/CA/Temecula/44932-Dolce-St-92592/home/6570607

My one problem is that I never really looked seriously at Morgan when they were new, only toured maybe one or two of the models so I am not even sure who built what or what the floorplans were like. I don’t want to tour them with a realtor so it’s hard to develop intel, I’m hitting open houses these days to get a feel for it. I still debate it because most of the houses are around 3000 sq ft and up and I’d prefer 2300-2600. The 2900’s I linked are that absolute largest I’d entertain but sub 300k, I’ll just close off some rooms, duct tape the vent and pretend.

[temeculaguy]

bear, I’d say you described me and my strategy exactly but I agreed earlier in the thread to stop bragging.

I’m actually holding out for more, I want sub 300k, you once predicted a possibility of $75 a square in Morgan, we are seeing that just outside it’s boundaries so it’s very likely I can catch a 2900 sq fter for 260 or 270, there are a few right now at 320-350, so my goal is attainable, possibly this winter, i think. With those numbers i’d feel safer that I caught a butterknife. For two years i’ve only looked at about four tracts in Redhawk and two in Wolf on the Southern side by the sports park, but with the constant fall in prices, The HOA and Taxes of Morgan don’t sting as bad.

http://www.redfin.com/CA/Temecula/33866-Calafia-St-92592/home/6570357

http://www.redfin.com/CA/Temecula/44709-Mumm-St-92592/home/6570489

http://www.redfin.com/CA/Temecula/44932-Dolce-St-92592/home/6570607

My one problem is that I never really looked seriously at Morgan when they were new, only toured maybe one or two of the models so I am not even sure who built what or what the floorplans were like. I don’t want to tour them with a realtor so it’s hard to develop intel, I’m hitting open houses these days to get a feel for it. I still debate it because most of the houses are around 3000 sq ft and up and I’d prefer 2300-2600. The 2900’s I linked are that absolute largest I’d entertain but sub 300k, I’ll just close off some rooms, duct tape the vent and pretend.

[temeculaguy]

bear, I’d say you described me and my strategy exactly but I agreed earlier in the thread to stop bragging.

I’m actually holding out for more, I want sub 300k, you once predicted a possibility of $75 a square in Morgan, we are seeing that just outside it’s boundaries so it’s very likely I can catch a 2900 sq fter for 260 or 270, there are a few right now at 320-350, so my goal is attainable, possibly this winter, i think. With those numbers i’d feel safer that I caught a butterknife. For two years i’ve only looked at about four tracts in Redhawk and two in Wolf on the Southern side by the sports park, but with the constant fall in prices, The HOA and Taxes of Morgan don’t sting as bad.

http://www.redfin.com/CA/Temecula/33866-Calafia-St-92592/home/6570357

http://www.redfin.com/CA/Temecula/44709-Mumm-St-92592/home/6570489

http://www.redfin.com/CA/Temecula/44932-Dolce-St-92592/home/6570607

My one problem is that I never really looked seriously at Morgan when they were new, only toured maybe one or two of the models so I am not even sure who built what or what the floorplans were like. I don’t want to tour them with a realtor so it’s hard to develop intel, I’m hitting open houses these days to get a feel for it. I still debate it because most of the houses are around 3000 sq ft and up and I’d prefer 2300-2600. The 2900’s I linked are that absolute largest I’d entertain but sub 300k, I’ll just close off some rooms, duct tape the vent and pretend.

[temeculaguy]

bear, I’d say you described me and my strategy exactly but I agreed earlier in the thread to stop bragging.

I’m actually holding out for more, I want sub 300k, you once predicted a possibility of $75 a square in Morgan, we are seeing that just outside it’s boundaries so it’s very likely I can catch a 2900 sq fter for 260 or 270, there are a few right now at 320-350, so my goal is attainable, possibly this winter, i think. With those numbers i’d feel safer that I caught a butterknife. For two years i’ve only looked at about four tracts in Redhawk and two in Wolf on the Southern side by the sports park, but with the constant fall in prices, The HOA and Taxes of Morgan don’t sting as bad.

http://www.redfin.com/CA/Temecula/33866-Calafia-St-92592/home/6570357

http://www.redfin.com/CA/Temecula/44709-Mumm-St-92592/home/6570489

http://www.redfin.com/CA/Temecula/44932-Dolce-St-92592/home/6570607

My one problem is that I never really looked seriously at Morgan when they were new, only toured maybe one or two of the models so I am not even sure who built what or what the floorplans were like. I don’t want to tour them with a realtor so it’s hard to develop intel, I’m hitting open houses these days to get a feel for it. I still debate it because most of the houses are around 3000 sq ft and up and I’d prefer 2300-2600. The 2900’s I linked are that absolute largest I’d entertain but sub 300k, I’ll just close off some rooms, duct tape the vent and pretend.

[temeculaguy]

bear, I’d say you described me and my strategy exactly but I agreed earlier in the thread to stop bragging.

I’m actually holding out for more, I want sub 300k, you once predicted a possibility of $75 a square in Morgan, we are seeing that just outside it’s boundaries so it’s very likely I can catch a 2900 sq fter for 260 or 270, there are a few right now at 320-350, so my goal is attainable, possibly this winter, i think. With those numbers i’d feel safer that I caught a butterknife. For two years i’ve only looked at about four tracts in Redhawk and two in Wolf on the Southern side by the sports park, but with the constant fall in prices, The HOA and Taxes of Morgan don’t sting as bad.

http://www.redfin.com/CA/Temecula/33866-Calafia-St-92592/home/6570357

http://www.redfin.com/CA/Temecula/44709-Mumm-St-92592/home/6570489

http://www.redfin.com/CA/Temecula/44932-Dolce-St-92592/home/6570607

My one problem is that I never really looked seriously at Morgan when they were new, only toured maybe one or two of the models so I am not even sure who built what or what the floorplans were like. I don’t want to tour them with a realtor so it’s hard to develop intel, I’m hitting open houses these days to get a feel for it. I still debate it because most of the houses are around 3000 sq ft and up and I’d prefer 2300-2600. The 2900’s I linked are that absolute largest I’d entertain but sub 300k, I’ll just close off some rooms, duct tape the vent and pretend.

[DWCAP]

Check out those E-appraisal sites listed on the links TG just posted. The middle link, mumm st, has a 130k difference between Zillow and the other two. And people complain about Zillow being incorrect and overstating things! Even then the list prices are 30-50k below the zillow estimate, giving us nearly 200k off online appraisal.

“missed it by THAT much”

Why do people care what these sites say again?

[DWCAP]

Check out those E-appraisal sites listed on the links TG just posted. The middle link, mumm st, has a 130k difference between Zillow and the other two. And people complain about Zillow being incorrect and overstating things! Even then the list prices are 30-50k below the zillow estimate, giving us nearly 200k off online appraisal.

“missed it by THAT much”

Why do people care what these sites say again?

[DWCAP]

Check out those E-appraisal sites listed on the links TG just posted. The middle link, mumm st, has a 130k difference between Zillow and the other two. And people complain about Zillow being incorrect and overstating things! Even then the list prices are 30-50k below the zillow estimate, giving us nearly 200k off online appraisal.

“missed it by THAT much”

Why do people care what these sites say again?

[DWCAP]

Check out those E-appraisal sites listed on the links TG just posted. The middle link, mumm st, has a 130k difference between Zillow and the other two. And people complain about Zillow being incorrect and overstating things! Even then the list prices are 30-50k below the zillow estimate, giving us nearly 200k off online appraisal.

“missed it by THAT much”

Why do people care what these sites say again?

[DWCAP]

Check out those E-appraisal sites listed on the links TG just posted. The middle link, mumm st, has a 130k difference between Zillow and the other two. And people complain about Zillow being incorrect and overstating things! Even then the list prices are 30-50k below the zillow estimate, giving us nearly 200k off online appraisal.

“missed it by THAT much”

Why do people care what these sites say again?

[bearvine]

TG- Morgan street breakdown

Ventana- you know
K Hov- all the houses on the side of Morgan Hill Dr where the school is, Tudal, Vine Cliff, Milat, etc
Shea- opposite side where Sattui meets
McMillin’s Cristal and Artessa are in the section that has Mumm on the ridgeline, with it divided almost equally in half, with the Star Hill side being Cristal and the Flora Springs side Artessa. On Mumm, the houses of each are divided by the fire access I believe.

As you already know, you’ll get a better deal per sq ft with the larger homes. After you seal off the room, I’m sure you can find something to do with the space. Perhaps theme rooms to entertain your guests.

Best deals will be on the Artessa side, such as the home listed on Mumm. Earlier in 06 or 07 I offered $420k on an REO of that same model, with upgrades and hardscape. Thankfully, it was turned down.

I’m not sure if everyone is as happy as they used to be in Morgan Hill now, but it was the nicest of the neighborhoods we had exposure to while we were out there.

[bearvine]

TG- Morgan street breakdown

Ventana- you know
K Hov- all the houses on the side of Morgan Hill Dr where the school is, Tudal, Vine Cliff, Milat, etc
Shea- opposite side where Sattui meets
McMillin’s Cristal and Artessa are in the section that has Mumm on the ridgeline, with it divided almost equally in half, with the Star Hill side being Cristal and the Flora Springs side Artessa. On Mumm, the houses of each are divided by the fire access I believe.

As you already know, you’ll get a better deal per sq ft with the larger homes. After you seal off the room, I’m sure you can find something to do with the space. Perhaps theme rooms to entertain your guests.

Best deals will be on the Artessa side, such as the home listed on Mumm. Earlier in 06 or 07 I offered $420k on an REO of that same model, with upgrades and hardscape. Thankfully, it was turned down.

I’m not sure if everyone is as happy as they used to be in Morgan Hill now, but it was the nicest of the neighborhoods we had exposure to while we were out there.

[bearvine]

TG- Morgan street breakdown

Ventana- you know
K Hov- all the houses on the side of Morgan Hill Dr where the school is, Tudal, Vine Cliff, Milat, etc
Shea- opposite side where Sattui meets
McMillin’s Cristal and Artessa are in the section that has Mumm on the ridgeline, with it divided almost equally in half, with the Star Hill side being Cristal and the Flora Springs side Artessa. On Mumm, the houses of each are divided by the fire access I believe.

As you already know, you’ll get a better deal per sq ft with the larger homes. After you seal off the room, I’m sure you can find something to do with the space. Perhaps theme rooms to entertain your guests.

Best deals will be on the Artessa side, such as the home listed on Mumm. Earlier in 06 or 07 I offered $420k on an REO of that same model, with upgrades and hardscape. Thankfully, it was turned down.

I’m not sure if everyone is as happy as they used to be in Morgan Hill now, but it was the nicest of the neighborhoods we had exposure to while we were out there.

[bearvine]

TG- Morgan street breakdown

Ventana- you know
K Hov- all the houses on the side of Morgan Hill Dr where the school is, Tudal, Vine Cliff, Milat, etc
Shea- opposite side where Sattui meets
McMillin’s Cristal and Artessa are in the section that has Mumm on the ridgeline, with it divided almost equally in half, with the Star Hill side being Cristal and the Flora Springs side Artessa. On Mumm, the houses of each are divided by the fire access I believe.

As you already know, you’ll get a better deal per sq ft with the larger homes. After you seal off the room, I’m sure you can find something to do with the space. Perhaps theme rooms to entertain your guests.

Best deals will be on the Artessa side, such as the home listed on Mumm. Earlier in 06 or 07 I offered $420k on an REO of that same model, with upgrades and hardscape. Thankfully, it was turned down.

I’m not sure if everyone is as happy as they used to be in Morgan Hill now, but it was the nicest of the neighborhoods we had exposure to while we were out there.

[Author]

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