[HomeShopping]

Cabal,

Pay closer attention the next time you visit your friend. Bel Etage/Savenna/Salviati have security cameras at their gates. I heard about the vandalism and need for cameras directly from a resident.

If you’re still confused, their HOA website has meeting minutes (page 3 from March 6, 2008):

“Board has reviewed need for cameras at gate entrances due to increased vandalism. Installation will begin at the Coyote entrance.”

http://www.beletage-savenna.com/show_file.php?id=16640&type_lib=22

I think the homes in those communities are nice. Just think that security is a problem.

[HomeShopping]

Cabal,

Pay closer attention the next time you visit your friend. Bel Etage/Savenna/Salviati have security cameras at their gates. I heard about the vandalism and need for cameras directly from a resident.

If you’re still confused, their HOA website has meeting minutes (page 3 from March 6, 2008):

“Board has reviewed need for cameras at gate entrances due to increased vandalism. Installation will begin at the Coyote entrance.”

http://www.beletage-savenna.com/show_file.php?id=16640&type_lib=22

I think the homes in those communities are nice. Just think that security is a problem.

[HomeShopping]

Cabal,

Pay closer attention the next time you visit your friend. Bel Etage/Savenna/Salviati have security cameras at their gates. I heard about the vandalism and need for cameras directly from a resident.

If you’re still confused, their HOA website has meeting minutes (page 3 from March 6, 2008):

“Board has reviewed need for cameras at gate entrances due to increased vandalism. Installation will begin at the Coyote entrance.”

http://www.beletage-savenna.com/show_file.php?id=16640&type_lib=22

I think the homes in those communities are nice. Just think that security is a problem.

[HomeShopping]

Returning to rewatcher’s original post, let’s consider the 1% yearly property tax on a $2 million house, which is $20K, or about $1700 per month.

So, Mello Roos (800) + HOA (450) + Basic club membership (850) + Property tax (1700) = $3800 per month

Suppose a hypothetical buyer had a $500K downpayment. A loan of $1.5 million at 6.5% interest rate would have monthly payments of about $9500.

Total house costs per month = about $13,300

Would seem to me that annual family income needs to be at least $500K to afford that. I’m assuming that most people, like me, need to save for retirement, college costs for kids, etc.

Are there still a lot of jobs making at least $500K after the banking crisis?

[HomeShopping]

Returning to rewatcher’s original post, let’s consider the 1% yearly property tax on a $2 million house, which is $20K, or about $1700 per month.

So, Mello Roos (800) + HOA (450) + Basic club membership (850) + Property tax (1700) = $3800 per month

Suppose a hypothetical buyer had a $500K downpayment. A loan of $1.5 million at 6.5% interest rate would have monthly payments of about $9500.

Total house costs per month = about $13,300

Would seem to me that annual family income needs to be at least $500K to afford that. I’m assuming that most people, like me, need to save for retirement, college costs for kids, etc.

Are there still a lot of jobs making at least $500K after the banking crisis?

[HomeShopping]

Returning to rewatcher’s original post, let’s consider the 1% yearly property tax on a $2 million house, which is $20K, or about $1700 per month.

So, Mello Roos (800) + HOA (450) + Basic club membership (850) + Property tax (1700) = $3800 per month

Suppose a hypothetical buyer had a $500K downpayment. A loan of $1.5 million at 6.5% interest rate would have monthly payments of about $9500.

Total house costs per month = about $13,300

Would seem to me that annual family income needs to be at least $500K to afford that. I’m assuming that most people, like me, need to save for retirement, college costs for kids, etc.

Are there still a lot of jobs making at least $500K after the banking crisis?

[HomeShopping]

Returning to rewatcher’s original post, let’s consider the 1% yearly property tax on a $2 million house, which is $20K, or about $1700 per month.

So, Mello Roos (800) + HOA (450) + Basic club membership (850) + Property tax (1700) = $3800 per month

Suppose a hypothetical buyer had a $500K downpayment. A loan of $1.5 million at 6.5% interest rate would have monthly payments of about $9500.

Total house costs per month = about $13,300

Would seem to me that annual family income needs to be at least $500K to afford that. I’m assuming that most people, like me, need to save for retirement, college costs for kids, etc.

Are there still a lot of jobs making at least $500K after the banking crisis?

[HomeShopping]

Returning to rewatcher’s original post, let’s consider the 1% yearly property tax on a $2 million house, which is $20K, or about $1700 per month.

So, Mello Roos (800) + HOA (450) + Basic club membership (850) + Property tax (1700) = $3800 per month

Suppose a hypothetical buyer had a $500K downpayment. A loan of $1.5 million at 6.5% interest rate would have monthly payments of about $9500.

Total house costs per month = about $13,300

Would seem to me that annual family income needs to be at least $500K to afford that. I’m assuming that most people, like me, need to save for retirement, college costs for kids, etc.

Are there still a lot of jobs making at least $500K after the banking crisis?

[HomeShopping]

I think that sdrealtor is referring to the homes at Scripps Preserve listed below:

3-12-09 15572 Via La Ventana $735K
3-02-09 15533 Mission Preserve Pl $750K
3-30-09 15581 Via La Ventana $798K

Those are some nice homes, ranging from 4600-5800 sf. Lot sizes averaged around 16,000 sf.

I think at those prices that Davidson may have sold below cost. I agree that we may not see those kinds of prices ever again.

If only the community were not so far from the freeway …

[HomeShopping]

I think that sdrealtor is referring to the homes at Scripps Preserve listed below:

3-12-09 15572 Via La Ventana $735K
3-02-09 15533 Mission Preserve Pl $750K
3-30-09 15581 Via La Ventana $798K

Those are some nice homes, ranging from 4600-5800 sf. Lot sizes averaged around 16,000 sf.

I think at those prices that Davidson may have sold below cost. I agree that we may not see those kinds of prices ever again.

If only the community were not so far from the freeway …

[HomeShopping]

I think that sdrealtor is referring to the homes at Scripps Preserve listed below:

3-12-09 15572 Via La Ventana $735K
3-02-09 15533 Mission Preserve Pl $750K
3-30-09 15581 Via La Ventana $798K

Those are some nice homes, ranging from 4600-5800 sf. Lot sizes averaged around 16,000 sf.

I think at those prices that Davidson may have sold below cost. I agree that we may not see those kinds of prices ever again.

If only the community were not so far from the freeway …

[HomeShopping]

I think that sdrealtor is referring to the homes at Scripps Preserve listed below:

3-12-09 15572 Via La Ventana $735K
3-02-09 15533 Mission Preserve Pl $750K
3-30-09 15581 Via La Ventana $798K

Those are some nice homes, ranging from 4600-5800 sf. Lot sizes averaged around 16,000 sf.

I think at those prices that Davidson may have sold below cost. I agree that we may not see those kinds of prices ever again.

If only the community were not so far from the freeway …

[HomeShopping]

I think that sdrealtor is referring to the homes at Scripps Preserve listed below:

3-12-09 15572 Via La Ventana $735K
3-02-09 15533 Mission Preserve Pl $750K
3-30-09 15581 Via La Ventana $798K

Those are some nice homes, ranging from 4600-5800 sf. Lot sizes averaged around 16,000 sf.

I think at those prices that Davidson may have sold below cost. I agree that we may not see those kinds of prices ever again.

If only the community were not so far from the freeway …

[HomeShopping]

Here is some recent data from Scripps Preserve. I’m not sure what floor plans these are.

15571 Camden Pl $800K 4-30-2008
15579 Camden PL $905K 8-08-2008
15587 Camden PL $929K 6-10-2008

I have heard that Davidson is willing to deal on these homes, so you can probably get the price you want.

[HomeShopping]

Here is some recent data from Scripps Preserve. I’m not sure what floor plans these are.

15571 Camden Pl $800K 4-30-2008
15579 Camden PL $905K 8-08-2008
15587 Camden PL $929K 6-10-2008

I have heard that Davidson is willing to deal on these homes, so you can probably get the price you want.

[Author]

Posts