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December 31, 2010 at 12:05 PM #647795December 31, 2010 at 12:59 PM #646695bearishgurlParticipant
[quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Pershing/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697
Note: the listing on this property states “Dailiard” is the closest Elem school to this property. While it may be closer by a stone’s throw, Dailiard serves the “Princess Del Cerro” community. I believe Green is the school serving this area of San Carlos.
December 31, 2010 at 12:59 PM #646767bearishgurlParticipant[quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Pershing/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697
Note: the listing on this property states “Dailiard” is the closest Elem school to this property. While it may be closer by a stone’s throw, Dailiard serves the “Princess Del Cerro” community. I believe Green is the school serving this area of San Carlos.
December 31, 2010 at 12:59 PM #647353bearishgurlParticipant[quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Pershing/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697
Note: the listing on this property states “Dailiard” is the closest Elem school to this property. While it may be closer by a stone’s throw, Dailiard serves the “Princess Del Cerro” community. I believe Green is the school serving this area of San Carlos.
December 31, 2010 at 12:59 PM #647490bearishgurlParticipant[quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Pershing/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697
Note: the listing on this property states “Dailiard” is the closest Elem school to this property. While it may be closer by a stone’s throw, Dailiard serves the “Princess Del Cerro” community. I believe Green is the school serving this area of San Carlos.
December 31, 2010 at 12:59 PM #647815bearishgurlParticipant[quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Pershing/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697
Note: the listing on this property states “Dailiard” is the closest Elem school to this property. While it may be closer by a stone’s throw, Dailiard serves the “Princess Del Cerro” community. I believe Green is the school serving this area of San Carlos.
December 31, 2010 at 1:02 PM #646710ScarlettParticipant[quote=bearishgurl][quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Lewis/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697%5B/quote%5D
That may be so. The elementary isn’t as important as middle and high school. With 1 salary of 80K a 250K mortgage (3-4x income) will be doable for us. no more. We are NOT there – prices have to fall at least another 20% in areas I am looking at – PQ, Scripps Ranch, NW Mira Mesa, UC. Try find a DECENT 4 br 2000 sf SFR there for 350K. San Carlos is way too far for working in La Jolla.
December 31, 2010 at 1:02 PM #646783ScarlettParticipant[quote=bearishgurl][quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Lewis/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697%5B/quote%5D
That may be so. The elementary isn’t as important as middle and high school. With 1 salary of 80K a 250K mortgage (3-4x income) will be doable for us. no more. We are NOT there – prices have to fall at least another 20% in areas I am looking at – PQ, Scripps Ranch, NW Mira Mesa, UC. Try find a DECENT 4 br 2000 sf SFR there for 350K. San Carlos is way too far for working in La Jolla.
December 31, 2010 at 1:02 PM #647368ScarlettParticipant[quote=bearishgurl][quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Lewis/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697%5B/quote%5D
That may be so. The elementary isn’t as important as middle and high school. With 1 salary of 80K a 250K mortgage (3-4x income) will be doable for us. no more. We are NOT there – prices have to fall at least another 20% in areas I am looking at – PQ, Scripps Ranch, NW Mira Mesa, UC. Try find a DECENT 4 br 2000 sf SFR there for 350K. San Carlos is way too far for working in La Jolla.
December 31, 2010 at 1:02 PM #647505ScarlettParticipant[quote=bearishgurl][quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Lewis/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697%5B/quote%5D
That may be so. The elementary isn’t as important as middle and high school. With 1 salary of 80K a 250K mortgage (3-4x income) will be doable for us. no more. We are NOT there – prices have to fall at least another 20% in areas I am looking at – PQ, Scripps Ranch, NW Mira Mesa, UC. Try find a DECENT 4 br 2000 sf SFR there for 350K. San Carlos is way too far for working in La Jolla.
December 31, 2010 at 1:02 PM #647830ScarlettParticipant[quote=bearishgurl][quote=Rustico][quote=Scarlett][quote=Rustico]It seems like buying something that requires two incomes to “sustain” is always stretching.[/quote]
True, but what is the alternative? Even to rent a nice townhouse in UTC we need BOTH our incomes (note – with kids). So one can either piss away money on rent or stretch and hope for the best. Either way we are screwed. I think we will buy in a year or so. For us to not stretch, i.e. sustain on one decent professional salary a 4 bdr house should be like 300K. Nothing decent in a decent school district that is within 30′ of our work (La Jolla).[/quote]
I think you are there, Scarlett… If one of your salaries can carry a 300k mortgage and you have a 20-25% DP minimum. It would be easy if those things were true and you could take a somewhat tacky home and fix it gradually. I would offer 350K on this sucker, if it doesn’t have a cracked slab or something else serious.http://www.sdlookup.com/MLS-100043467-7674_Volclay_Dr_San
[/quote]Nice find, Rustico. I DO think this property might be had for $350K. And Green/Lewis/Henry is a very good trio of schools. Green is among the top Elem schools in the district with an API of 917 (936 in 2009)!
http://api.cde.ca.gov/AcntRpt2010/2010GrowthSch.aspx?allcds=37683386039697%5B/quote%5D
That may be so. The elementary isn’t as important as middle and high school. With 1 salary of 80K a 250K mortgage (3-4x income) will be doable for us. no more. We are NOT there – prices have to fall at least another 20% in areas I am looking at – PQ, Scripps Ranch, NW Mira Mesa, UC. Try find a DECENT 4 br 2000 sf SFR there for 350K. San Carlos is way too far for working in La Jolla.
December 31, 2010 at 1:30 PM #646725bearishgurlParticipant[quote=Scarlett] . . . San Carlos is way too far for working in La Jolla.[/quote]
Scarlett, why don’t you or Rhett clock it by going out there before 7:00 am one morning and driving in taking SR-52?
I was wondering about this also but it would be interesting to see if it was 30 mins or less to the UCSD area, door to door. It very well might be if the Golden Triangle area can be navigated thru timely.
San Carlos is very well-established and NOT a fire-prone area. I haven’t looked at recent sold comps but $350 – $375K seems to be a good price for this property (barring any structural defects), considering it already has (likely $15-$20K) new windows and doors installed.
Why don’t you at least do a drive-by? You have nothing to lose besides a little gas by going out there this weekend :=)
December 31, 2010 at 1:30 PM #646798bearishgurlParticipant[quote=Scarlett] . . . San Carlos is way too far for working in La Jolla.[/quote]
Scarlett, why don’t you or Rhett clock it by going out there before 7:00 am one morning and driving in taking SR-52?
I was wondering about this also but it would be interesting to see if it was 30 mins or less to the UCSD area, door to door. It very well might be if the Golden Triangle area can be navigated thru timely.
San Carlos is very well-established and NOT a fire-prone area. I haven’t looked at recent sold comps but $350 – $375K seems to be a good price for this property (barring any structural defects), considering it already has (likely $15-$20K) new windows and doors installed.
Why don’t you at least do a drive-by? You have nothing to lose besides a little gas by going out there this weekend :=)
December 31, 2010 at 1:30 PM #647383bearishgurlParticipant[quote=Scarlett] . . . San Carlos is way too far for working in La Jolla.[/quote]
Scarlett, why don’t you or Rhett clock it by going out there before 7:00 am one morning and driving in taking SR-52?
I was wondering about this also but it would be interesting to see if it was 30 mins or less to the UCSD area, door to door. It very well might be if the Golden Triangle area can be navigated thru timely.
San Carlos is very well-established and NOT a fire-prone area. I haven’t looked at recent sold comps but $350 – $375K seems to be a good price for this property (barring any structural defects), considering it already has (likely $15-$20K) new windows and doors installed.
Why don’t you at least do a drive-by? You have nothing to lose besides a little gas by going out there this weekend :=)
December 31, 2010 at 1:30 PM #647520bearishgurlParticipant[quote=Scarlett] . . . San Carlos is way too far for working in La Jolla.[/quote]
Scarlett, why don’t you or Rhett clock it by going out there before 7:00 am one morning and driving in taking SR-52?
I was wondering about this also but it would be interesting to see if it was 30 mins or less to the UCSD area, door to door. It very well might be if the Golden Triangle area can be navigated thru timely.
San Carlos is very well-established and NOT a fire-prone area. I haven’t looked at recent sold comps but $350 – $375K seems to be a good price for this property (barring any structural defects), considering it already has (likely $15-$20K) new windows and doors installed.
Why don’t you at least do a drive-by? You have nothing to lose besides a little gas by going out there this weekend :=)
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