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January 30, 2008 at 2:47 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145741January 30, 2008 at 2:47 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145680dgilmsandiParticipant
When buying at Auction be sure to find out if it is an Absolute Auction or an Auction with Reserve. Also, don’t forget to add a Buyer’s Premium on top of the final selling price. The premium can run 5-10% of the selling price and you, the buyer, are responsible for paying it. Don’t even think about backing out of a deal once you’re the final bidder since most Auctions require a full 3% non-refundable deposit. Foreclosures still only represent 1% of total inventory and just because a home sells for “cheap” doesn’t always mean it’s a good deal (i.e. is it near power lines or on a busy road). I think this is a market of opportunity and have made some pretty good money from real estate in 2007; sold primary residence for record high for the plan ($1.330m, paid $925k in 2004 from bankruptcy court plus about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this is after buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements… You have know when to spot a good deal and be ready to move on it!
January 30, 2008 at 2:47 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145670dgilmsandiParticipantWhen buying at Auction be sure to find out if it is an Absolute Auction or an Auction with Reserve. Also, don’t forget to add a Buyer’s Premium on top of the final selling price. The premium can run 5-10% of the selling price and you, the buyer, are responsible for paying it. Don’t even think about backing out of a deal once you’re the final bidder since most Auctions require a full 3% non-refundable deposit. Foreclosures still only represent 1% of total inventory and just because a home sells for “cheap” doesn’t always mean it’s a good deal (i.e. is it near power lines or on a busy road). I think this is a market of opportunity and have made some pretty good money from real estate in 2007; sold primary residence for record high for the plan ($1.330m, paid $925k in 2004 from bankruptcy court plus about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this is after buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements… You have know when to spot a good deal and be ready to move on it!
January 30, 2008 at 2:47 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145641dgilmsandiParticipantWhen buying at Auction be sure to find out if it is an Absolute Auction or an Auction with Reserve. Also, don’t forget to add a Buyer’s Premium on top of the final selling price. The premium can run 5-10% of the selling price and you, the buyer, are responsible for paying it. Don’t even think about backing out of a deal once you’re the final bidder since most Auctions require a full 3% non-refundable deposit. Foreclosures still only represent 1% of total inventory and just because a home sells for “cheap” doesn’t always mean it’s a good deal (i.e. is it near power lines or on a busy road). I think this is a market of opportunity and have made some pretty good money from real estate in 2007; sold primary residence for record high for the plan ($1.330m, paid $925k in 2004 from bankruptcy court plus about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this is after buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements… You have know when to spot a good deal and be ready to move on it!
January 30, 2008 at 2:47 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145398dgilmsandiParticipantWhen buying at Auction be sure to find out if it is an Absolute Auction or an Auction with Reserve. Also, don’t forget to add a Buyer’s Premium on top of the final selling price. The premium can run 5-10% of the selling price and you, the buyer, are responsible for paying it. Don’t even think about backing out of a deal once you’re the final bidder since most Auctions require a full 3% non-refundable deposit. Foreclosures still only represent 1% of total inventory and just because a home sells for “cheap” doesn’t always mean it’s a good deal (i.e. is it near power lines or on a busy road). I think this is a market of opportunity and have made some pretty good money from real estate in 2007; sold primary residence for record high for the plan ($1.330m, paid $925k in 2004 from bankruptcy court plus about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this is after buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements… You have know when to spot a good deal and be ready to move on it!
dgilmsandiParticipant[img_assist|nid=6359|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6360|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6357|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6358|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6356|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6355|title=Sentinels at Santaluz Backyard|desc=|link=node|align=left|width=466|height=310]SENTINELS AT DEL SUR NO COMPARISON TO SENTINELS AT SANTALUZ!
I sold my single-level Plan 1 at the Sentinels at Santaluz about 7 months ago (for a record high) and have mostly praise for how ingenius the homes are. Despite what many people see as an initial lack of privacy, I can say that they are extremely private and have more privacy than conventional tract homes. Windows are placed so that none face into neighbor’s windows and lots are deceptively large (mine was standard at about 8000+sf). I think the demographics (people downsizing from Fairbanks Ranch and RSF, empty nesters, DINKS, second-homes) for the Santaluz homes added to sense of privacy and quiet (no kids in my pod of 8 homes). Neighbors were practically invisible and I there was one I only saw one about 6 times in 3 years! I’d have to say that living in conventional tract homes is much more exposed. Also, my home did not have the carriage house so it did not have a turnn-in garage which provided an additional parking pad for 2 cars which combined with the garage was like a 4-car garage! You could even park a 39ft. motorhome in the parking pad and maneuver it in and out of the pod. The main reason I sold was to be able to permanently park a new custom motorcoach on the property and get slightly more square footage. Once you live in a Sentinel it’s hard to imagine living in conventional tract homes that are all lined up in a row with neighbors all around that look into your home and yard. The pod concept maximizes privacy, views, and is not for everyone, but for those wanting a home that is architecturally significant and liveable! I hope that the “redo” in Del Sur doesn’t ruin a good thing, but think Del Sur was the wrong environment to recreate the Sentinels as the demographic is likely more value and family oriented. The developer of the Sentinels in Santaluz used them as the basis for the Baywood Collection and received numerous awards and much acclaim for both projects!
dgilmsandiParticipant[img_assist|nid=6359|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6360|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6357|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6358|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6356|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6355|title=Sentinels at Santaluz Backyard|desc=|link=node|align=left|width=466|height=310]SENTINELS AT DEL SUR NO COMPARISON TO SENTINELS AT SANTALUZ!
I sold my single-level Plan 1 at the Sentinels at Santaluz about 7 months ago (for a record high) and have mostly praise for how ingenius the homes are. Despite what many people see as an initial lack of privacy, I can say that they are extremely private and have more privacy than conventional tract homes. Windows are placed so that none face into neighbor’s windows and lots are deceptively large (mine was standard at about 8000+sf). I think the demographics (people downsizing from Fairbanks Ranch and RSF, empty nesters, DINKS, second-homes) for the Santaluz homes added to sense of privacy and quiet (no kids in my pod of 8 homes). Neighbors were practically invisible and I there was one I only saw one about 6 times in 3 years! I’d have to say that living in conventional tract homes is much more exposed. Also, my home did not have the carriage house so it did not have a turnn-in garage which provided an additional parking pad for 2 cars which combined with the garage was like a 4-car garage! You could even park a 39ft. motorhome in the parking pad and maneuver it in and out of the pod. The main reason I sold was to be able to permanently park a new custom motorcoach on the property and get slightly more square footage. Once you live in a Sentinel it’s hard to imagine living in conventional tract homes that are all lined up in a row with neighbors all around that look into your home and yard. The pod concept maximizes privacy, views, and is not for everyone, but for those wanting a home that is architecturally significant and liveable! I hope that the “redo” in Del Sur doesn’t ruin a good thing, but think Del Sur was the wrong environment to recreate the Sentinels as the demographic is likely more value and family oriented. The developer of the Sentinels in Santaluz used them as the basis for the Baywood Collection and received numerous awards and much acclaim for both projects!
dgilmsandiParticipant[img_assist|nid=6359|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6360|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6357|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6358|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6356|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6355|title=Sentinels at Santaluz Backyard|desc=|link=node|align=left|width=466|height=310]SENTINELS AT DEL SUR NO COMPARISON TO SENTINELS AT SANTALUZ!
I sold my single-level Plan 1 at the Sentinels at Santaluz about 7 months ago (for a record high) and have mostly praise for how ingenius the homes are. Despite what many people see as an initial lack of privacy, I can say that they are extremely private and have more privacy than conventional tract homes. Windows are placed so that none face into neighbor’s windows and lots are deceptively large (mine was standard at about 8000+sf). I think the demographics (people downsizing from Fairbanks Ranch and RSF, empty nesters, DINKS, second-homes) for the Santaluz homes added to sense of privacy and quiet (no kids in my pod of 8 homes). Neighbors were practically invisible and I there was one I only saw one about 6 times in 3 years! I’d have to say that living in conventional tract homes is much more exposed. Also, my home did not have the carriage house so it did not have a turnn-in garage which provided an additional parking pad for 2 cars which combined with the garage was like a 4-car garage! You could even park a 39ft. motorhome in the parking pad and maneuver it in and out of the pod. The main reason I sold was to be able to permanently park a new custom motorcoach on the property and get slightly more square footage. Once you live in a Sentinel it’s hard to imagine living in conventional tract homes that are all lined up in a row with neighbors all around that look into your home and yard. The pod concept maximizes privacy, views, and is not for everyone, but for those wanting a home that is architecturally significant and liveable! I hope that the “redo” in Del Sur doesn’t ruin a good thing, but think Del Sur was the wrong environment to recreate the Sentinels as the demographic is likely more value and family oriented. The developer of the Sentinels in Santaluz used them as the basis for the Baywood Collection and received numerous awards and much acclaim for both projects!
dgilmsandiParticipant[img_assist|nid=6359|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6360|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6357|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6358|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6356|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6355|title=Sentinels at Santaluz Backyard|desc=|link=node|align=left|width=466|height=310]SENTINELS AT DEL SUR NO COMPARISON TO SENTINELS AT SANTALUZ!
I sold my single-level Plan 1 at the Sentinels at Santaluz about 7 months ago (for a record high) and have mostly praise for how ingenius the homes are. Despite what many people see as an initial lack of privacy, I can say that they are extremely private and have more privacy than conventional tract homes. Windows are placed so that none face into neighbor’s windows and lots are deceptively large (mine was standard at about 8000+sf). I think the demographics (people downsizing from Fairbanks Ranch and RSF, empty nesters, DINKS, second-homes) for the Santaluz homes added to sense of privacy and quiet (no kids in my pod of 8 homes). Neighbors were practically invisible and I there was one I only saw one about 6 times in 3 years! I’d have to say that living in conventional tract homes is much more exposed. Also, my home did not have the carriage house so it did not have a turnn-in garage which provided an additional parking pad for 2 cars which combined with the garage was like a 4-car garage! You could even park a 39ft. motorhome in the parking pad and maneuver it in and out of the pod. The main reason I sold was to be able to permanently park a new custom motorcoach on the property and get slightly more square footage. Once you live in a Sentinel it’s hard to imagine living in conventional tract homes that are all lined up in a row with neighbors all around that look into your home and yard. The pod concept maximizes privacy, views, and is not for everyone, but for those wanting a home that is architecturally significant and liveable! I hope that the “redo” in Del Sur doesn’t ruin a good thing, but think Del Sur was the wrong environment to recreate the Sentinels as the demographic is likely more value and family oriented. The developer of the Sentinels in Santaluz used them as the basis for the Baywood Collection and received numerous awards and much acclaim for both projects!
dgilmsandiParticipant[img_assist|nid=6359|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6360|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6357|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6358|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6356|title=Sentinels at Santaluz|desc=|link=node|align=left|width=466|height=310][img_assist|nid=6355|title=Sentinels at Santaluz Backyard|desc=|link=node|align=left|width=466|height=310]SENTINELS AT DEL SUR NO COMPARISON TO SENTINELS AT SANTALUZ!
I sold my single-level Plan 1 at the Sentinels at Santaluz about 7 months ago (for a record high) and have mostly praise for how ingenius the homes are. Despite what many people see as an initial lack of privacy, I can say that they are extremely private and have more privacy than conventional tract homes. Windows are placed so that none face into neighbor’s windows and lots are deceptively large (mine was standard at about 8000+sf). I think the demographics (people downsizing from Fairbanks Ranch and RSF, empty nesters, DINKS, second-homes) for the Santaluz homes added to sense of privacy and quiet (no kids in my pod of 8 homes). Neighbors were practically invisible and I there was one I only saw one about 6 times in 3 years! I’d have to say that living in conventional tract homes is much more exposed. Also, my home did not have the carriage house so it did not have a turnn-in garage which provided an additional parking pad for 2 cars which combined with the garage was like a 4-car garage! You could even park a 39ft. motorhome in the parking pad and maneuver it in and out of the pod. The main reason I sold was to be able to permanently park a new custom motorcoach on the property and get slightly more square footage. Once you live in a Sentinel it’s hard to imagine living in conventional tract homes that are all lined up in a row with neighbors all around that look into your home and yard. The pod concept maximizes privacy, views, and is not for everyone, but for those wanting a home that is architecturally significant and liveable! I hope that the “redo” in Del Sur doesn’t ruin a good thing, but think Del Sur was the wrong environment to recreate the Sentinels as the demographic is likely more value and family oriented. The developer of the Sentinels in Santaluz used them as the basis for the Baywood Collection and received numerous awards and much acclaim for both projects!
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