[5yearwaiter]

[quote=sdrealtor]Living next to a school, any school is always an issue. How close and what it over looks at the school are important also. Traffic at pick up and drop off is a big deal. Some wont mind but most will which ultimately decreases demand for the home and hence value. In a great sellers market (like now and the peak bubble years) it doesnt make much of a difference but if buyers have other choices they will go elsewhere.

A smart seller will sell such a home in Summer when kids are out of school and you cant see the real impact. If I was going to buy one next to a school I would want to do it during the school year to see the real impact as the mind can tend to minimize what the impact would be. If I was your agent I would try to talk you out of it. I would think that would be worth a discount of 10% perhaps more. Personally that isnt something I would put up with at any price but everyone feels differently.[/quote]

SDR… what would you rate for this house price being a great agent and a realtor what is your suggestion on this house?(though it is listed a very high as starting price). Keeping in view of 4S Ranch many houses at 630 to 640K level listings about 3000SFT. This house is very adjacent to school ground not even far as per look.

[5yearwaiter]

[quote=market_guy]I am considering this home next to the new Del Norte high school at 9806 Fox Valley way, 92127.

http://www.sdlookup.com/MLS-090040767-9806_Fox_Valley_Way_San_Diego_CA_92127

The home abuts the Deer Ridge street where there is a back entrance to the school ~ 100 yrds from home. The back of the school that is next to the home is mostly base ball fields and stadium.

Any thoughts on school/stadium noise, traffic, resale value would be appreciated.

Thanks,
MG[/quote]

I believe one can get non stop road noice on this house, once school starts this road becomes a non stop flow kids drop off, school going and even weekends all cars stop parallel due to those sports ever going on all day time on weekends for various leagues to participate.

It was assumed as quiet place but not any more, also this house is bit old style compare to other houses in that zone.

Compare to north of 4S Ranch, this house is priced a way high without much great look and looks with old style.

Make sure to catch those base balls or setup non stop video otherwise you don’t get a clue who broke your windows.

Resale value – forget about on this kind of priced and already 8 year old house. If you buy even at650K, this 8 year old(as per record date of make shows 2001) becomes 15 years when you try to sell. How many would come to buy old houses when new houses start building lower prices by that time. If you watch by now already new constructions are slowly starting or may start with affordable prices but not the peak prices. Maybeck giving 3000 SFT houses at 612K with default upgrades – so new constructions would sure come on the way forever. By 2012 the market is almost leveled with this kind of all priced zones vs new constructions keep emerging.

[5yearwaiter]

[quote=market_guy]I am considering this home next to the new Del Norte high school at 9806 Fox Valley way, 92127.

http://www.sdlookup.com/MLS-090040767-9806_Fox_Valley_Way_San_Diego_CA_92127

The home abuts the Deer Ridge street where there is a back entrance to the school ~ 100 yrds from home. The back of the school that is next to the home is mostly base ball fields and stadium.

Any thoughts on school/stadium noise, traffic, resale value would be appreciated.

Thanks,
MG[/quote]

I believe one can get non stop road noice on this house, once school starts this road becomes a non stop flow kids drop off, school going and even weekends all cars stop parallel due to those sports ever going on all day time on weekends for various leagues to participate.

It was assumed as quiet place but not any more, also this house is bit old style compare to other houses in that zone.

Compare to north of 4S Ranch, this house is priced a way high without much great look and looks with old style.

Make sure to catch those base balls or setup non stop video otherwise you don’t get a clue who broke your windows.

Resale value – forget about on this kind of priced and already 8 year old house. If you buy even at650K, this 8 year old(as per record date of make shows 2001) becomes 15 years when you try to sell. How many would come to buy old houses when new houses start building lower prices by that time. If you watch by now already new constructions are slowly starting or may start with affordable prices but not the peak prices. Maybeck giving 3000 SFT houses at 612K with default upgrades – so new constructions would sure come on the way forever. By 2012 the market is almost leveled with this kind of all priced zones vs new constructions keep emerging.

[5yearwaiter]

[quote=market_guy]I am considering this home next to the new Del Norte high school at 9806 Fox Valley way, 92127.

http://www.sdlookup.com/MLS-090040767-9806_Fox_Valley_Way_San_Diego_CA_92127

The home abuts the Deer Ridge street where there is a back entrance to the school ~ 100 yrds from home. The back of the school that is next to the home is mostly base ball fields and stadium.

Any thoughts on school/stadium noise, traffic, resale value would be appreciated.

Thanks,
MG[/quote]

I believe one can get non stop road noice on this house, once school starts this road becomes a non stop flow kids drop off, school going and even weekends all cars stop parallel due to those sports ever going on all day time on weekends for various leagues to participate.

It was assumed as quiet place but not any more, also this house is bit old style compare to other houses in that zone.

Compare to north of 4S Ranch, this house is priced a way high without much great look and looks with old style.

Make sure to catch those base balls or setup non stop video otherwise you don’t get a clue who broke your windows.

Resale value – forget about on this kind of priced and already 8 year old house. If you buy even at650K, this 8 year old(as per record date of make shows 2001) becomes 15 years when you try to sell. How many would come to buy old houses when new houses start building lower prices by that time. If you watch by now already new constructions are slowly starting or may start with affordable prices but not the peak prices. Maybeck giving 3000 SFT houses at 612K with default upgrades – so new constructions would sure come on the way forever. By 2012 the market is almost leveled with this kind of all priced zones vs new constructions keep emerging.

[5yearwaiter]

[quote=market_guy]I am considering this home next to the new Del Norte high school at 9806 Fox Valley way, 92127.

http://www.sdlookup.com/MLS-090040767-9806_Fox_Valley_Way_San_Diego_CA_92127

The home abuts the Deer Ridge street where there is a back entrance to the school ~ 100 yrds from home. The back of the school that is next to the home is mostly base ball fields and stadium.

Any thoughts on school/stadium noise, traffic, resale value would be appreciated.

Thanks,
MG[/quote]

I believe one can get non stop road noice on this house, once school starts this road becomes a non stop flow kids drop off, school going and even weekends all cars stop parallel due to those sports ever going on all day time on weekends for various leagues to participate.

It was assumed as quiet place but not any more, also this house is bit old style compare to other houses in that zone.

Compare to north of 4S Ranch, this house is priced a way high without much great look and looks with old style.

Make sure to catch those base balls or setup non stop video otherwise you don’t get a clue who broke your windows.

Resale value – forget about on this kind of priced and already 8 year old house. If you buy even at650K, this 8 year old(as per record date of make shows 2001) becomes 15 years when you try to sell. How many would come to buy old houses when new houses start building lower prices by that time. If you watch by now already new constructions are slowly starting or may start with affordable prices but not the peak prices. Maybeck giving 3000 SFT houses at 612K with default upgrades – so new constructions would sure come on the way forever. By 2012 the market is almost leveled with this kind of all priced zones vs new constructions keep emerging.

[5yearwaiter]

[quote=market_guy]I am considering this home next to the new Del Norte high school at 9806 Fox Valley way, 92127.

http://www.sdlookup.com/MLS-090040767-9806_Fox_Valley_Way_San_Diego_CA_92127

The home abuts the Deer Ridge street where there is a back entrance to the school ~ 100 yrds from home. The back of the school that is next to the home is mostly base ball fields and stadium.

Any thoughts on school/stadium noise, traffic, resale value would be appreciated.

Thanks,
MG[/quote]

I believe one can get non stop road noice on this house, once school starts this road becomes a non stop flow kids drop off, school going and even weekends all cars stop parallel due to those sports ever going on all day time on weekends for various leagues to participate.

It was assumed as quiet place but not any more, also this house is bit old style compare to other houses in that zone.

Compare to north of 4S Ranch, this house is priced a way high without much great look and looks with old style.

Make sure to catch those base balls or setup non stop video otherwise you don’t get a clue who broke your windows.

Resale value – forget about on this kind of priced and already 8 year old house. If you buy even at650K, this 8 year old(as per record date of make shows 2001) becomes 15 years when you try to sell. How many would come to buy old houses when new houses start building lower prices by that time. If you watch by now already new constructions are slowly starting or may start with affordable prices but not the peak prices. Maybeck giving 3000 SFT houses at 612K with default upgrades – so new constructions would sure come on the way forever. By 2012 the market is almost leveled with this kind of all priced zones vs new constructions keep emerging.

[5yearwaiter]

That small bump in house sales were made up by various factors like FED stimulus and routine summer sale etc. Now the market will sure come down and even drastically we can see many surprises when 2005 crazy buyers need to exercise their ARM options and how many might have done and how many going to dump all these as back to inventory. The big question is how long still Fed hold this housing on their back. Especially it is going to be cooldown sure for the coming months especially after November onwards it is kind of almost flat in sales.

[5yearwaiter]

That small bump in house sales were made up by various factors like FED stimulus and routine summer sale etc. Now the market will sure come down and even drastically we can see many surprises when 2005 crazy buyers need to exercise their ARM options and how many might have done and how many going to dump all these as back to inventory. The big question is how long still Fed hold this housing on their back. Especially it is going to be cooldown sure for the coming months especially after November onwards it is kind of almost flat in sales.

[5yearwaiter]

That small bump in house sales were made up by various factors like FED stimulus and routine summer sale etc. Now the market will sure come down and even drastically we can see many surprises when 2005 crazy buyers need to exercise their ARM options and how many might have done and how many going to dump all these as back to inventory. The big question is how long still Fed hold this housing on their back. Especially it is going to be cooldown sure for the coming months especially after November onwards it is kind of almost flat in sales.

[5yearwaiter]

That small bump in house sales were made up by various factors like FED stimulus and routine summer sale etc. Now the market will sure come down and even drastically we can see many surprises when 2005 crazy buyers need to exercise their ARM options and how many might have done and how many going to dump all these as back to inventory. The big question is how long still Fed hold this housing on their back. Especially it is going to be cooldown sure for the coming months especially after November onwards it is kind of almost flat in sales.

[5yearwaiter]

That small bump in house sales were made up by various factors like FED stimulus and routine summer sale etc. Now the market will sure come down and even drastically we can see many surprises when 2005 crazy buyers need to exercise their ARM options and how many might have done and how many going to dump all these as back to inventory. The big question is how long still Fed hold this housing on their back. Especially it is going to be cooldown sure for the coming months especially after November onwards it is kind of almost flat in sales.

[5yearwaiter]

[quote=WayneBruce]I also have a question. What is the current limit in California for Conformal Mortgages? Has it gone back down to $417k, or is it still higher?[/quote]

If you pay 20% down then there could be 619K mortgage eligibility in San Diego locations and this is also comes under conventional loans like 417K (may be a small interest rate change)

[5yearwaiter]

[quote=WayneBruce]I also have a question. What is the current limit in California for Conformal Mortgages? Has it gone back down to $417k, or is it still higher?[/quote]

If you pay 20% down then there could be 619K mortgage eligibility in San Diego locations and this is also comes under conventional loans like 417K (may be a small interest rate change)

[5yearwaiter]

[quote=WayneBruce]I also have a question. What is the current limit in California for Conformal Mortgages? Has it gone back down to $417k, or is it still higher?[/quote]

If you pay 20% down then there could be 619K mortgage eligibility in San Diego locations and this is also comes under conventional loans like 417K (may be a small interest rate change)

[5yearwaiter]

[quote=WayneBruce]I also have a question. What is the current limit in California for Conformal Mortgages? Has it gone back down to $417k, or is it still higher?[/quote]

If you pay 20% down then there could be 619K mortgage eligibility in San Diego locations and this is also comes under conventional loans like 417K (may be a small interest rate change)

[Author]

Posts