What year was the road Camino del Sur built?

[bearishgurl]

[quote=earlyretirement]…You are correct that I’d NOT be happy with a 20,000 sq. foot lot in Tijuana. As mentioned, I really don’t care about having a huge yard and I really think based on my research I want to buy something in the areas you are mentioning due to lifestyle, school district and quality of life related issues for the family.

I think that many times it’s extremely helpful that the person giving advice match with the same demographics of the person buying so that they understand what is important. You sound very similar to my situation besides the cash thingy…[/quote]

ER, please see my most recent post to ocrenter. There are some links to South County listings on there that may meet your needs, all CUSTOM in a gated community with 180 – 360 degree pano views. One appears to have just escaped an imminent trustee’s sale and needs a bit of TLC. If the bank should take title, the City will immediately cite it for pool draining. I think you will be SHOCKED at the difference in MR and HOA dues.

Although I may easily be 25 years older than you, the issue we are discussing here has nothing to do with “demographics.” It has to do with a “knee-jerk” reaction by newcomers of primarily the current “worker-bee” generation (yours) to flock to newer far flung developments in SD county for their home search rather than first see what’s on offer in more conveniently located areas. I myself raised my children in South County and they had GREAT educations! One is still in HS.

You posted that you own or owned property in the past in Argentina. If your spouse happens to be Argentinian, you should know that there are MANY South Americans who own property and reside in SD South County.

Unlike other Piggs on here, I don’t “push” my area of residence (South County) on anyone. But you don’t seem to have “commuting issues” and South County is far from major job centers except dtn SD. If you just study the active listings I provided in this small Belmonte development here, I’m sure you will see that you can get FAR MORE value for your dollar (including more mature landscaping) than you can in SantaLuz with a wide variety of and closer services nearby (incl two major hospitals within 3 and 5 miles) and more choice of routes in/out of the area.

The schools in Belmonte’s attendance area are Discovery Charter Elem (Spanish immersion magnet), Bonita Vista Middle and Bonita Vista HS.

2010 API scores of these schools are:

Discovery: 835
BVMS: 795
BVHS: 832

Possible easy zone transfers in the immediate area are:

Ella B Allen Elem: 881
Burton C Tiffany Elem: 886
Rancho Del Rey Middle: 844

Of course, when you take the “English learners” out of the mix, the API scores of the remaining student population are higher.

See: http://api.cde.ca.gov/reports/Page2.asp?subject=API&level=School

[bearishgurl]

[quote=earlyretirement] . . . One of my really good clients lives in La Jolla in a guard gated community and I was surprised because he said a really large percentage of the people that owned in the area were Mexicans that didn’t have a SSN #. He said they bought with cash. That really surprised me.[/quote]

ER, this is prevalent not only in LJ but also in Pt Loma, Coronado, Imperial Beach, Otay Mesa, Chula Vista and Bonita.

What’s sad is that many of the upper-end “short sales” and defaults I am seeing in South County were actually originally cash sales. When times got tougher for these cash buyers (and lenders were freely handing out $$) is when they borrowed on their properties and thus are now delinquent or in default. However, there is NOWHERE NEAR the default/distress rate in 91910 and 91902 as there is in 92127. Not even close.

[bearishgurl]

[quote=earlyretirement] . . . One of my really good clients lives in La Jolla in a guard gated community and I was surprised because he said a really large percentage of the people that owned in the area were Mexicans that didn’t have a SSN #. He said they bought with cash. That really surprised me.[/quote]

ER, this is prevalent not only in LJ but also in Pt Loma, Coronado, Imperial Beach, Otay Mesa, Chula Vista and Bonita.

What’s sad is that many of the upper-end “short sales” and defaults I am seeing in South County were actually originally cash sales. When times got tougher for these cash buyers (and lenders were freely handing out $$) is when they borrowed on their properties and thus are now delinquent or in default. However, there is NOWHERE NEAR the default/distress rate in 91910 and 91902 as there is in 92127. Not even close.

[bearishgurl]

[quote=earlyretirement] . . . One of my really good clients lives in La Jolla in a guard gated community and I was surprised because he said a really large percentage of the people that owned in the area were Mexicans that didn’t have a SSN #. He said they bought with cash. That really surprised me.[/quote]

ER, this is prevalent not only in LJ but also in Pt Loma, Coronado, Imperial Beach, Otay Mesa, Chula Vista and Bonita.

What’s sad is that many of the upper-end “short sales” and defaults I am seeing in South County were actually originally cash sales. When times got tougher for these cash buyers (and lenders were freely handing out $$) is when they borrowed on their properties and thus are now delinquent or in default. However, there is NOWHERE NEAR the default/distress rate in 91910 and 91902 as there is in 92127. Not even close.

[bearishgurl]

[quote=earlyretirement] . . . One of my really good clients lives in La Jolla in a guard gated community and I was surprised because he said a really large percentage of the people that owned in the area were Mexicans that didn’t have a SSN #. He said they bought with cash. That really surprised me.[/quote]

ER, this is prevalent not only in LJ but also in Pt Loma, Coronado, Imperial Beach, Otay Mesa, Chula Vista and Bonita.

What’s sad is that many of the upper-end “short sales” and defaults I am seeing in South County were actually originally cash sales. When times got tougher for these cash buyers (and lenders were freely handing out $$) is when they borrowed on their properties and thus are now delinquent or in default. However, there is NOWHERE NEAR the default/distress rate in 91910 and 91902 as there is in 92127. Not even close.

[bearishgurl]

[quote=earlyretirement] . . . One of my really good clients lives in La Jolla in a guard gated community and I was surprised because he said a really large percentage of the people that owned in the area were Mexicans that didn’t have a SSN #. He said they bought with cash. That really surprised me.[/quote]

ER, this is prevalent not only in LJ but also in Pt Loma, Coronado, Imperial Beach, Otay Mesa, Chula Vista and Bonita.

What’s sad is that many of the upper-end “short sales” and defaults I am seeing in South County were actually originally cash sales. When times got tougher for these cash buyers (and lenders were freely handing out $$) is when they borrowed on their properties and thus are now delinquent or in default. However, there is NOWHERE NEAR the default/distress rate in 91910 and 91902 as there is in 92127. Not even close.

[sdrealtor]

[quote=bearishgurl][quote=ocrenter] . . .

Quite frankly, the city doesn’t have the resources to manage any more new territories.[/quote]

Why on God’s earth would SD turn down all the teeter funds from the exorbitant MR that is collected from this CFD? It’s not like they are flush with cash! This is MORE than enough to CREATE the resources to handle this extra population, IMO.

[quote=ocrenter]I’ve been all around the county on my search for a home. Given similar demographics with the OP, well except for the “mortgage will be paid off” part, I say OP will be extremely happy within the 56/Ted Williams belt way (92064, 92127, 92128, 92129, 92130, 92131). And would be quite disappointed with anywhere else. Yes, I’ll go out on a limb and say he’ll probably be quite disappointed with a 20,000 lot with 360 degree view in Tijuana. =) . . . [/quote]

ocrenter, you (and the OP) need to reread my post. Believe it or not, the Rancho Del Rey gated community of Belmonte is located 9 aerial miles north of the US/MX border and about 14 miles by road to the US/MX border. It does NOT lie within “Tijuana.” And I hope you’re sitting down when I tell you that there are many thousands of homeowners in “your demographic” who own residential property in the South County region and even a higher percentage in Rancho Del Rey, which has *newer* construction. The schools around there are top notch. A large portion of homeowners (of ALL ages) actually grew up in the immediate area.

Why don’t you pay a visit before you dismiss the area as being situated in “Tijuana?”

Here are examples of south county listings that may meet the OP’s needs. I think he will be pleasantly surprised at the MR level. These properties were originally sold as unimproved lots (just as SantaLuz) but in the early nineties. Of course, this micro-area is ALL CUSTOM and is not the ONLY custom area in the south county region – there are several more. But it has the lowest MR of all of the recently subdivided ones. The CFD funding rose higher and higher as the years wore on due to higher infrastructure and other costs.

http://www.sdlookup.com/MLS-110022317-1136_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100009678-1105_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110007500-1121_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110020194-1111_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100062308-1133_Mansiones_Ln_Chula_Vista_CA_91910

I’ve never done an actual study, but I would bet that the South County has a higher percentage of free and clear properties than any other region of the county, with urban SD coming in a close second. Just as the OP stated, there are many people with $$ who are “unemployed” in the eyes of a lender. That includes non-citizen buyers from out of the country who have no SSN and no credit report.

What do you think these buyers use to buy property in the US? Their good looks??[/quote]

I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.

[sdrealtor]

[quote=bearishgurl][quote=ocrenter] . . .

Quite frankly, the city doesn’t have the resources to manage any more new territories.[/quote]

Why on God’s earth would SD turn down all the teeter funds from the exorbitant MR that is collected from this CFD? It’s not like they are flush with cash! This is MORE than enough to CREATE the resources to handle this extra population, IMO.

[quote=ocrenter]I’ve been all around the county on my search for a home. Given similar demographics with the OP, well except for the “mortgage will be paid off” part, I say OP will be extremely happy within the 56/Ted Williams belt way (92064, 92127, 92128, 92129, 92130, 92131). And would be quite disappointed with anywhere else. Yes, I’ll go out on a limb and say he’ll probably be quite disappointed with a 20,000 lot with 360 degree view in Tijuana. =) . . . [/quote]

ocrenter, you (and the OP) need to reread my post. Believe it or not, the Rancho Del Rey gated community of Belmonte is located 9 aerial miles north of the US/MX border and about 14 miles by road to the US/MX border. It does NOT lie within “Tijuana.” And I hope you’re sitting down when I tell you that there are many thousands of homeowners in “your demographic” who own residential property in the South County region and even a higher percentage in Rancho Del Rey, which has *newer* construction. The schools around there are top notch. A large portion of homeowners (of ALL ages) actually grew up in the immediate area.

Why don’t you pay a visit before you dismiss the area as being situated in “Tijuana?”

Here are examples of south county listings that may meet the OP’s needs. I think he will be pleasantly surprised at the MR level. These properties were originally sold as unimproved lots (just as SantaLuz) but in the early nineties. Of course, this micro-area is ALL CUSTOM and is not the ONLY custom area in the south county region – there are several more. But it has the lowest MR of all of the recently subdivided ones. The CFD funding rose higher and higher as the years wore on due to higher infrastructure and other costs.

http://www.sdlookup.com/MLS-110022317-1136_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100009678-1105_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110007500-1121_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110020194-1111_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100062308-1133_Mansiones_Ln_Chula_Vista_CA_91910

I’ve never done an actual study, but I would bet that the South County has a higher percentage of free and clear properties than any other region of the county, with urban SD coming in a close second. Just as the OP stated, there are many people with $$ who are “unemployed” in the eyes of a lender. That includes non-citizen buyers from out of the country who have no SSN and no credit report.

What do you think these buyers use to buy property in the US? Their good looks??[/quote]

I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.

[sdrealtor]

[quote=bearishgurl][quote=ocrenter] . . .

Quite frankly, the city doesn’t have the resources to manage any more new territories.[/quote]

Why on God’s earth would SD turn down all the teeter funds from the exorbitant MR that is collected from this CFD? It’s not like they are flush with cash! This is MORE than enough to CREATE the resources to handle this extra population, IMO.

[quote=ocrenter]I’ve been all around the county on my search for a home. Given similar demographics with the OP, well except for the “mortgage will be paid off” part, I say OP will be extremely happy within the 56/Ted Williams belt way (92064, 92127, 92128, 92129, 92130, 92131). And would be quite disappointed with anywhere else. Yes, I’ll go out on a limb and say he’ll probably be quite disappointed with a 20,000 lot with 360 degree view in Tijuana. =) . . . [/quote]

ocrenter, you (and the OP) need to reread my post. Believe it or not, the Rancho Del Rey gated community of Belmonte is located 9 aerial miles north of the US/MX border and about 14 miles by road to the US/MX border. It does NOT lie within “Tijuana.” And I hope you’re sitting down when I tell you that there are many thousands of homeowners in “your demographic” who own residential property in the South County region and even a higher percentage in Rancho Del Rey, which has *newer* construction. The schools around there are top notch. A large portion of homeowners (of ALL ages) actually grew up in the immediate area.

Why don’t you pay a visit before you dismiss the area as being situated in “Tijuana?”

Here are examples of south county listings that may meet the OP’s needs. I think he will be pleasantly surprised at the MR level. These properties were originally sold as unimproved lots (just as SantaLuz) but in the early nineties. Of course, this micro-area is ALL CUSTOM and is not the ONLY custom area in the south county region – there are several more. But it has the lowest MR of all of the recently subdivided ones. The CFD funding rose higher and higher as the years wore on due to higher infrastructure and other costs.

http://www.sdlookup.com/MLS-110022317-1136_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100009678-1105_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110007500-1121_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110020194-1111_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100062308-1133_Mansiones_Ln_Chula_Vista_CA_91910

I’ve never done an actual study, but I would bet that the South County has a higher percentage of free and clear properties than any other region of the county, with urban SD coming in a close second. Just as the OP stated, there are many people with $$ who are “unemployed” in the eyes of a lender. That includes non-citizen buyers from out of the country who have no SSN and no credit report.

What do you think these buyers use to buy property in the US? Their good looks??[/quote]

I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.

[sdrealtor]

[quote=bearishgurl][quote=ocrenter] . . .

Quite frankly, the city doesn’t have the resources to manage any more new territories.[/quote]

Why on God’s earth would SD turn down all the teeter funds from the exorbitant MR that is collected from this CFD? It’s not like they are flush with cash! This is MORE than enough to CREATE the resources to handle this extra population, IMO.

[quote=ocrenter]I’ve been all around the county on my search for a home. Given similar demographics with the OP, well except for the “mortgage will be paid off” part, I say OP will be extremely happy within the 56/Ted Williams belt way (92064, 92127, 92128, 92129, 92130, 92131). And would be quite disappointed with anywhere else. Yes, I’ll go out on a limb and say he’ll probably be quite disappointed with a 20,000 lot with 360 degree view in Tijuana. =) . . . [/quote]

ocrenter, you (and the OP) need to reread my post. Believe it or not, the Rancho Del Rey gated community of Belmonte is located 9 aerial miles north of the US/MX border and about 14 miles by road to the US/MX border. It does NOT lie within “Tijuana.” And I hope you’re sitting down when I tell you that there are many thousands of homeowners in “your demographic” who own residential property in the South County region and even a higher percentage in Rancho Del Rey, which has *newer* construction. The schools around there are top notch. A large portion of homeowners (of ALL ages) actually grew up in the immediate area.

Why don’t you pay a visit before you dismiss the area as being situated in “Tijuana?”

Here are examples of south county listings that may meet the OP’s needs. I think he will be pleasantly surprised at the MR level. These properties were originally sold as unimproved lots (just as SantaLuz) but in the early nineties. Of course, this micro-area is ALL CUSTOM and is not the ONLY custom area in the south county region – there are several more. But it has the lowest MR of all of the recently subdivided ones. The CFD funding rose higher and higher as the years wore on due to higher infrastructure and other costs.

http://www.sdlookup.com/MLS-110022317-1136_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100009678-1105_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110007500-1121_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110020194-1111_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100062308-1133_Mansiones_Ln_Chula_Vista_CA_91910

I’ve never done an actual study, but I would bet that the South County has a higher percentage of free and clear properties than any other region of the county, with urban SD coming in a close second. Just as the OP stated, there are many people with $$ who are “unemployed” in the eyes of a lender. That includes non-citizen buyers from out of the country who have no SSN and no credit report.

What do you think these buyers use to buy property in the US? Their good looks??[/quote]

I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.

[sdrealtor]

[quote=bearishgurl][quote=ocrenter] . . .

Quite frankly, the city doesn’t have the resources to manage any more new territories.[/quote]

Why on God’s earth would SD turn down all the teeter funds from the exorbitant MR that is collected from this CFD? It’s not like they are flush with cash! This is MORE than enough to CREATE the resources to handle this extra population, IMO.

[quote=ocrenter]I’ve been all around the county on my search for a home. Given similar demographics with the OP, well except for the “mortgage will be paid off” part, I say OP will be extremely happy within the 56/Ted Williams belt way (92064, 92127, 92128, 92129, 92130, 92131). And would be quite disappointed with anywhere else. Yes, I’ll go out on a limb and say he’ll probably be quite disappointed with a 20,000 lot with 360 degree view in Tijuana. =) . . . [/quote]

ocrenter, you (and the OP) need to reread my post. Believe it or not, the Rancho Del Rey gated community of Belmonte is located 9 aerial miles north of the US/MX border and about 14 miles by road to the US/MX border. It does NOT lie within “Tijuana.” And I hope you’re sitting down when I tell you that there are many thousands of homeowners in “your demographic” who own residential property in the South County region and even a higher percentage in Rancho Del Rey, which has *newer* construction. The schools around there are top notch. A large portion of homeowners (of ALL ages) actually grew up in the immediate area.

Why don’t you pay a visit before you dismiss the area as being situated in “Tijuana?”

Here are examples of south county listings that may meet the OP’s needs. I think he will be pleasantly surprised at the MR level. These properties were originally sold as unimproved lots (just as SantaLuz) but in the early nineties. Of course, this micro-area is ALL CUSTOM and is not the ONLY custom area in the south county region – there are several more. But it has the lowest MR of all of the recently subdivided ones. The CFD funding rose higher and higher as the years wore on due to higher infrastructure and other costs.

http://www.sdlookup.com/MLS-110022317-1136_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100009678-1105_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110007500-1121_Mansiones_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-110020194-1111_Majestad_Ln_Chula_Vista_CA_91910

http://www.sdlookup.com/MLS-100062308-1133_Mansiones_Ln_Chula_Vista_CA_91910

I’ve never done an actual study, but I would bet that the South County has a higher percentage of free and clear properties than any other region of the county, with urban SD coming in a close second. Just as the OP stated, there are many people with $$ who are “unemployed” in the eyes of a lender. That includes non-citizen buyers from out of the country who have no SSN and no credit report.

What do you think these buyers use to buy property in the US? Their good looks??[/quote]

I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.

[bearishgurl]

[quote=sdrealtor]. . . I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.[/quote]

I think all that “drug money” you’re referring to virtually “dried up” between 2001 and 2002.

sdr, don’t you think “kingpins, drug lords” and their respective “launderers/laundresses” might have also been attracted to LJ, Del Mar, and even choice areas of your beloved “gridlocked nirvana??”

I think they very well may have ;=]

[bearishgurl]

[quote=sdrealtor]. . . I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.[/quote]

I think all that “drug money” you’re referring to virtually “dried up” between 2001 and 2002.

sdr, don’t you think “kingpins, drug lords” and their respective “launderers/laundresses” might have also been attracted to LJ, Del Mar, and even choice areas of your beloved “gridlocked nirvana??”

I think they very well may have ;=]

[bearishgurl]

[quote=sdrealtor]. . . I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.[/quote]

I think all that “drug money” you’re referring to virtually “dried up” between 2001 and 2002.

sdr, don’t you think “kingpins, drug lords” and their respective “launderers/laundresses” might have also been attracted to LJ, Del Mar, and even choice areas of your beloved “gridlocked nirvana??”

I think they very well may have ;=]

[bearishgurl]

[quote=sdrealtor]. . . I would agree that there are a ton of free and clear properties in South County. You got to put that drug money somewhere and its not safe keeping it in MX.[/quote]

I think all that “drug money” you’re referring to virtually “dried up” between 2001 and 2002.

sdr, don’t you think “kingpins, drug lords” and their respective “launderers/laundresses” might have also been attracted to LJ, Del Mar, and even choice areas of your beloved “gridlocked nirvana??”

I think they very well may have ;=]

[Author]

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