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hipmatt
ParticipantHave you seen the markets lately? hardly stable or a guaranteed 10%, I would have no prob, putting down the 400k.
ParticipantHave you seen the markets lately? hardly stable or a guaranteed 10%, I would have no prob, putting down the 400k.
ParticipantHaha.. I figured you were joking, but decided to defend the “country” anyways… I may take you up on cruising around, I live in Harveston…. RENT that is.. I am “waiting” to!
ParticipantHaha.. I figured you were joking, but decided to defend the “country” anyways… I may take you up on cruising around, I live in Harveston…. RENT that is.. I am “waiting” to!
ParticipantI think the best community in Temecula is Meadowview, its large lots, all custom homes, a huge meadow, equestrian area, clubhouse pool, for only $35 HOa, and low taxes, but.. ohhh the houses aren’t trendy enough for the sheeple, so they can but up th McMansions in Harveston, and miss out on the serenity.
I also think Vintage Hills is nice.
DeLuz, LaCresta, Wine Country, are beautiful, and worth the extra drive to escape the drama of metro Temecula….and the bugs, is that a serious complaint?? Can you say “city slicker”? I’ve been riding mx and mountain bikes in these hills for years, and never had an issue with bugs, and if there were a few bugs, they wouldn’t bother me. When I arrive at my destination at one of these locations, I feel like I’m hundreds of miles away from the whole mall/winchester Rd/margarita/ynez area, which is a good thing. It’s very quiet, mellow, and beautiful. If you like the outdoors, this is a great place, but pricey.
Harveston is OK, I think its overrated, high home prices, high taxes, high HOAs for a Lake and Park thats completely open to the public. The Lake uses smelly reclaimed water that’s not suitable for body contact, and the community is full of yuppies, and rich foreigners.(no, I’m not racist, but there is the communication barrier) Harveston IS ideally located, and is well maintained though.
ParticipantI think the best community in Temecula is Meadowview, its large lots, all custom homes, a huge meadow, equestrian area, clubhouse pool, for only $35 HOa, and low taxes, but.. ohhh the houses aren’t trendy enough for the sheeple, so they can but up th McMansions in Harveston, and miss out on the serenity.
I also think Vintage Hills is nice.
DeLuz, LaCresta, Wine Country, are beautiful, and worth the extra drive to escape the drama of metro Temecula….and the bugs, is that a serious complaint?? Can you say “city slicker”? I’ve been riding mx and mountain bikes in these hills for years, and never had an issue with bugs, and if there were a few bugs, they wouldn’t bother me. When I arrive at my destination at one of these locations, I feel like I’m hundreds of miles away from the whole mall/winchester Rd/margarita/ynez area, which is a good thing. It’s very quiet, mellow, and beautiful. If you like the outdoors, this is a great place, but pricey.
Harveston is OK, I think its overrated, high home prices, high taxes, high HOAs for a Lake and Park thats completely open to the public. The Lake uses smelly reclaimed water that’s not suitable for body contact, and the community is full of yuppies, and rich foreigners.(no, I’m not racist, but there is the communication barrier) Harveston IS ideally located, and is well maintained though.
June 3, 2007 at 11:29 PM in reply to: So I pulled the trigger: My buying experience in Temecula (long story) #56303Participant23109…
Well, I appreciate your attempt to illustrate your math, but I still respectfully disagree with it. First, I feel that you are selling yourself short on the rental price. I am very confident that you can rent a nice, modern, single story home in Temecula with a similar size to your home for 1700-1800. Quoting a price of $2000 or 2100 is unfair. I know of a 3600 sqft home in Harveston, beautiful, on a bigger lot, with stainless, dual ovens, granite, and more for $1950 per month.
The house I rent is a 2500sqft 4/3 single story in Harveston with granite counters, travertine, custom medallions in the entry way, dual stainless ovens, intercom system, central vac, epoxy flooring in the garage, and a stamped concrete patio for $1850. I have found similar deals. You can rent a home that is far from “yucky” in Temecula for well under $2000 per month.
Want proof.. here are a few examples…http://inlandempire.craigslist.org/apa/322993663.html
http://inlandempire.craigslist.org/apa/342446358.html
http://inlandempire.craigslist.org/apa/341747427.htmlThe second thing I feel is wrong is your $800 per month tax savings. $800 per month = about a $10,000 tax refund. This seems a bit high. I think that with your loan, even if it is interest only, you should save about $7k per year in tax revenues if you make about $100k per year. This equates to about $585 per month. Plus you may have to pay a supplemental tax a fem months after you move in.
Now if you take the more accurate rent and tax figures, I see it as 1800+585=2385, or about $600 CHEAPER to rent a similar home than purchase your home for $3000 per month. I could still be wrong, however, but this is how I see it.June 3, 2007 at 11:29 PM in reply to: So I pulled the trigger: My buying experience in Temecula (long story) #56325Participant23109…
Well, I appreciate your attempt to illustrate your math, but I still respectfully disagree with it. First, I feel that you are selling yourself short on the rental price. I am very confident that you can rent a nice, modern, single story home in Temecula with a similar size to your home for 1700-1800. Quoting a price of $2000 or 2100 is unfair. I know of a 3600 sqft home in Harveston, beautiful, on a bigger lot, with stainless, dual ovens, granite, and more for $1950 per month.
The house I rent is a 2500sqft 4/3 single story in Harveston with granite counters, travertine, custom medallions in the entry way, dual stainless ovens, intercom system, central vac, epoxy flooring in the garage, and a stamped concrete patio for $1850. I have found similar deals. You can rent a home that is far from “yucky” in Temecula for well under $2000 per month.
Want proof.. here are a few examples…http://inlandempire.craigslist.org/apa/322993663.html
http://inlandempire.craigslist.org/apa/342446358.html
http://inlandempire.craigslist.org/apa/341747427.htmlThe second thing I feel is wrong is your $800 per month tax savings. $800 per month = about a $10,000 tax refund. This seems a bit high. I think that with your loan, even if it is interest only, you should save about $7k per year in tax revenues if you make about $100k per year. This equates to about $585 per month. Plus you may have to pay a supplemental tax a fem months after you move in.
Now if you take the more accurate rent and tax figures, I see it as 1800+585=2385, or about $600 CHEAPER to rent a similar home than purchase your home for $3000 per month. I could still be wrong, however, but this is how I see it.ParticipantWow, thats really bad/high for that home in Menifee. Good for the seller I guess.
ParticipantWow, thats really bad/high for that home in Menifee. Good for the seller I guess.
ParticipantWho is Chris Johnston / Chris Scoreboard?? and why does he start every post with his own name? Is he writing the letter to someone else?
ParticipantWho is Chris Johnston / Chris Scoreboard?? and why does he start every post with his own name? Is he writing the letter to someone else?
ParticipantLOL really hard today!!!!
ParticipantLOL really hard today!!!!
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