[bearishgurl]

[quote=xiv014]It’s too bad that HOAs are so prevalent in the newer areas of San Diego. It really limits the choices out there for those of us who are HOA averse.[/quote]

xiv014, the only way your (buying) choices are “limited” here is that you will likely have to purchase an “older” resale to avoid HOA. HOWEVER, that property will undoubtedly be better-located, will likely have a larger lot and likely be situated within walking distance of well-established businesses you would use regularly.

There is no comparison as to which is the better value AND wiser investment, the older property in a well-established (even highly desirable) area OR a newer HOA/MR encumbered property in a less-desirable location. ESPECIALLY if the older property can be purchased under market as a “cosmetic fixer.”

There are also many rural and semi-rural properties without HOAs/MR to choose from in SD County, most on 1-4 AC lots.

You have many more options than you think if you are “HOA averse.”

[bearishgurl]

Sounds like the homeowners in that area are being fee’d to death for living in the stix on a “lunar landscape.”

How tall are the trees around there??

With all the choices a buyer has in SD County in that price range, it seems self-defeating to me to be “fixated” on one micro area simply because it has “new” construction.

[bearishgurl]

[quote=markmax33][img_assist|nid=15730|title=Mitt and Obama are the same!|desc=Just incase you thought there was a difference between Mitt and Obama, they have almost the same donors funding their campaign.|link=node|align=left|width=100|height=62][/quote]

A very “enlightening” chart, indeed. Thanks for posting, markmax!

[bearishgurl]

[quote=jstoesz] . . . . I just met up with an old friend who graduated with the civil engineering degree. He lost his job recently in the private sector, and just got a job in the public sector. Guess what he’s making more then he did in the private sector, a lot more. He rides around a few days a week in a large 40k 4 x 4 Ford that’s brand-new, thanks Katrina for your levee caused freak out And that’s just salary I’m not talking pension here! Wake up CAR we’re getting fleeced, at least my buddy knows that he is riding the gravy train. That’s all I ask of public sector employees, a little gratitude![/quote]

jstoesz, if your “buddy” just obtained a public position (in the state of LA?) he has yet to be “vested” and there is a chasm between his potential for a “fat pension” and his actually being in a position to begin collecting it.

jstoesz, aren’t YOU a “civil engineer?” The State of LA beckons and undoubtedly needs your help. Why haven’t YOU applied to any of those jobs? Perhaps the living conditions there may not be to you or your spouse’s liking or taste??

I’ll leave it at that …. ;=]

LA is the most political state in the country, IMO, especially NOW.

[bearishgurl]

[quote=UCGal]…I’m not sure how racist neighborhood restrictions equate to HOAs… La Jolla was famous for not allowing Jews to purchase. Obviously, that got eliminated.
http://en.wikipedia.org/wiki/La_Jolla#Antisemitism%5B/quote%5D

The Fair Housing Act supersedes all previously recorded CC&R’s (with or without a governing HOA). If they show up in a title report with discriminatory language, that language is stricken.

The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) introduced meaningful federal enforcement mechanisms. It outlawed:

Refusal to sell or rent a dwelling to any person because of race, color, religion, sex, or national origin.

Discrimination based on race, color, religion or national origin in the terms, conditions or privilege of the sale or rental of a dwelling.

Advertising the sale or rental of a dwelling indicating preference of discrimination based on race, color, religion or national origin.

Coercing, threatening, intimidating, or interfering with a person’s enjoyment or exercise of housing rights based on discriminatory reasons or retaliating against a person or organization that aids or encourages the exercise or enjoyment of fair housing rights.

http://en.wikipedia.org/wiki/Fair_housing

Believe it or not, my 65 yo neighborhood has CC&R’s recorded against it in 1947 with language discriminating against fowl, swine and “people of color.” The fowl and swine are still banned, but the “people of color” article is null and void.

My ‘hood is located 8.5 miles from the Int’l Border, lol ….

Thank God for the Civil Rights Act of 1968 and the (CA) Unruh Act.

[bearishgurl]

[quote=FormerSanDiegan][quote=Jacarandoso]253,597.14[/quote]

You just missed it, Jac[/quote]

By $299.99 … LOL

[bearishgurl]

[quote=FormerSanDiegan][quote=FormerSanDiegan]$ 253,897.13[/quote]

You guys must have missed this stuck in the middle of the Wall street versus public servant discussions.[/quote]

Congrats FSD!! I wonder if this means you’ll be getting a “lesser decent” bottle of wine, due to shipping costs ….

[bearishgurl]

[quote=pri_dk]Anything that will get me drunk.[/quote]

May I recommend:

http://www.franzia.com/aboutthewines_housefavorites.shtml

If you’re lucky, you can find a 5 ltr box for $5.99 at CVS or Rite Aid :=]

You’re a “cheap date,” pri_dk.

[bearishgurl]

[quote=Jacarandoso][quote=bearishgurl][quote=Jacarandoso]Ignore This![/quote]

Wha-a-a-at . . .??

You don’t want a bottle of “decent wine?”

I’m sure it will be delivered to you all sealed up :=P[/quote]

Actually, I think Markmax33 won![/quote]

Rus, I think you’re right!! You came in so close that I didn’t look down the thread :=0

edit: my eyes are playing tricks on me. markmax33 stated $245K, NOT $254K.

Rus, don’t you appear to be the winner?

[bearishgurl]

This one I bought and recommended to sdr last week:

https://www.mcnabridge.com/xe/xe.asp?page=viewcat&cat=mcnab-ridge-reserve

http://piggington.com/another_crash_in_2012_any_thoughts

And this one I drank on the Skunk Train back in October (my 3 complimentary solo cups plus my compadres’ complimentary solo cups) :=P

https://www.mcnabridge.com/xe/xe.asp?page=viewitem&p=474&cat=mcnab-ridge

You wine-aficionado Piggs are missing out by NOT touring the Anderson Valley, Mendocino Coast and Ukiah area. Fill your tanks and get up there!!

[bearishgurl]

[quote=Jacarandoso]Ignore This![/quote]

Wha-a-a-at . . .??

You don’t want a bottle of “decent wine?”

I’m sure it will be delivered to you all sealed up :=P

[bearishgurl]

[quote=sdrealtor]Sorry was away for the weekend up the coast. The numbers were $111 and $143 for a total of $254k. To me that is a lot of money for a household to make.[/quote]

Bear in mind that if your short-sale-exploring public-worker couple is working OT to earn this much, their pension will be based upon their base pay only.

If they are grossly underwater, I wouldn’t want to be them. Obviously, the public safety worker cannot tarnish his/her reputation with bad credit (if his/her employer has reserved the right of post-employment BR checks under the FCRA). Especially by “strategically defaulting.”

NOT a good idea!!

These worker bees are “stuck” and will have to ride it out in their “modest, working class” home (or put it into rental svc), IMO.

[bearishgurl]

Looks like Rus won!

[bearishgurl]

[quote=profhoff]Did we ever get the answer?[/quote]

IIRC, the “contest” runs “thru Monday” :=]

[bearishgurl]

[quote=pri_dk][quote=bearishgurl]Agreed, but it would stand to reason that for a worker who works for an employer without a “defined benefit plan,” that there isn’t as much incentive to stay on the payroll […][/quote]

I’m pretty sure that an incentive to stay on the payroll..would be the payroll.

Forrest and the trees, eh?[/quote]

I was referring to “staying on the payroll” when a particular employee should probably be on FML or other “unpaid” leave. I used “sick” employees for an example (who very possibly could have run out of both sick and annual leave). When an hourly public employee is trying to earn service credits for retirement and needs to vest or hit a particular pension amount and/or age in order to be able to afford to “retire,” he/she often works when they have run out of sick and annual leave. In this case, it’s very possible that healthwise, they would be MUCH better off taking FML or retiring.

For a public employee who is a member of a defined-benefit retirement system and expects to eventually recover from their illness, paid hours are the only thing that matters …. yes, even if technically “sick.”

edit: Lots of employees have 30+ years of service in and are still working. Why, when at 30+ years of service, they can collect 100% of their base pay as a pension?? Because they are not yet old enough to be eligible for Medicare and a health plan in retirement would cost them $500 – $1200 mo. It’s not always about the paycheck.

[Author]

Posts