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June 7, 2007 at 10:32 PM in reply to: Foreclosures affecting the market — coming soon to a town near you #57789
little lady
ParticipantHell yeah! I just saw a 5 bedroom foreclosure with a fireplace, 1970 in a good neighborhood, with good schools, in my neck of the woods listed @389k (repo) on the mls! There are currently 16 houses listed under 400k here.
June 7, 2007 at 10:32 PM in reply to: Foreclosures affecting the market — coming soon to a town near you #57814little lady
ParticipantHell yeah! I just saw a 5 bedroom foreclosure with a fireplace, 1970 in a good neighborhood, with good schools, in my neck of the woods listed @389k (repo) on the mls! There are currently 16 houses listed under 400k here.
little lady
ParticipantMy husband makes 45k taxable 30k nontaxable(active duty military with out of state residency so pays NO state tax.) I am working part time as a cashier at grocery store 12k.
So roughly 87k (but with more take home $ due to less taxes)Oh yeah, 3 kids..1 in high school 2 in grade school….ttfn
little lady
ParticipantMy husband makes 45k taxable 30k nontaxable(active duty military with out of state residency so pays NO state tax.) I am working part time as a cashier at grocery store 12k.
So roughly 87k (but with more take home $ due to less taxes)Oh yeah, 3 kids..1 in high school 2 in grade school….ttfn
little lady
ParticipantI don’t believe Temecula will end up like National City….
Temecula is nice, with lots of money from tourism and crazy ass taxes. A friend of mine who moved there back in like ’93(when 20 something’s could buy out there/and brand new) once said to me, that it was a “rich city”. (National City is a big “dive bar”) She sold her home a while ago(she got 4 kids) and now lives in a huge house/mansion out in the wine country. She commutes down here to visit family and friends all the time, but loves it out there and will never move back. Her husband has his own plumbing business out there somewhere…little lady
ParticipantI don’t believe Temecula will end up like National City….
Temecula is nice, with lots of money from tourism and crazy ass taxes. A friend of mine who moved there back in like ’93(when 20 something’s could buy out there/and brand new) once said to me, that it was a “rich city”. (National City is a big “dive bar”) She sold her home a while ago(she got 4 kids) and now lives in a huge house/mansion out in the wine country. She commutes down here to visit family and friends all the time, but loves it out there and will never move back. Her husband has his own plumbing business out there somewhere…little lady
Participant“Personally, I think the Temecula/Murietta area is fairly priced in relation to the SD, OC and LA areas for which it serves as a bedroom community. Inasmuch as all those areas are horrendously overpriced I guess you could say the same for Temecula.”
This being true, you have to factor in Mello/Roos and HOA’s.
Also, the extra cost for gas and it’s not such a deal.little lady
Participant“Personally, I think the Temecula/Murietta area is fairly priced in relation to the SD, OC and LA areas for which it serves as a bedroom community. Inasmuch as all those areas are horrendously overpriced I guess you could say the same for Temecula.”
This being true, you have to factor in Mello/Roos and HOA’s.
Also, the extra cost for gas and it’s not such a deal.little lady
Participant“The schools aren’t just good, they are in a league with Poway and North Coastal districts. In Riverside and San Bernadino counties combined, 16 of the top 20 schools in those two couties were in the Temecula Unified, #1 Elementary and #1 High School, I compared the API’s to Poway and it’s almost a dead heat (edge going to Poway), to compare them to Santee is just goofy.”
The schools are good, and I was NOT comparing them to Santee.(to say that is goofy) However, though the Santee school district does not have schools that are supposedly equivalent(though one is probably on parr), they do have above average schools and the price of homes (at the time) were affordable, taxes are much better, and location is much better for commute. (people who like the beach don’t like Santee either)
Also, IMHO the reason why the schools might be that good is that people who are in the age group having children are able to afford houses there. Therefore there are more children. People who move thinking schools are better for their children, tend to have children who are better prepared and do better in school.
I believe that is one of the reasons why there is outward migration from San Diego county. To there and Arizona, Nevada. Hell, that is what I would’ve done if I wasn’t able to have the same thing here.
I love Temecula, it’s just too far, overpriced, overbuilt(there are too many people traffic is very congested) and the taxes, hoa’s are RIDICULOUS!
By the way here’s a of link to compare, if that’s what you’d like….the API’s are higher but not a great deal.
little lady
Participant“The schools aren’t just good, they are in a league with Poway and North Coastal districts. In Riverside and San Bernadino counties combined, 16 of the top 20 schools in those two couties were in the Temecula Unified, #1 Elementary and #1 High School, I compared the API’s to Poway and it’s almost a dead heat (edge going to Poway), to compare them to Santee is just goofy.”
The schools are good, and I was NOT comparing them to Santee.(to say that is goofy) However, though the Santee school district does not have schools that are supposedly equivalent(though one is probably on parr), they do have above average schools and the price of homes (at the time) were affordable, taxes are much better, and location is much better for commute. (people who like the beach don’t like Santee either)
Also, IMHO the reason why the schools might be that good is that people who are in the age group having children are able to afford houses there. Therefore there are more children. People who move thinking schools are better for their children, tend to have children who are better prepared and do better in school.
I believe that is one of the reasons why there is outward migration from San Diego county. To there and Arizona, Nevada. Hell, that is what I would’ve done if I wasn’t able to have the same thing here.
I love Temecula, it’s just too far, overpriced, overbuilt(there are too many people traffic is very congested) and the taxes, hoa’s are RIDICULOUS!
By the way here’s a of link to compare, if that’s what you’d like….the API’s are higher but not a great deal.
little lady
ParticipantYeah, I have been there…Ima wino…..but seriously,it is nice. Still it is and was a place people moved to so they could get a better deal or “get in”, or what have you. When the place they really wanted to live becomes affordable, they will change their minds….I know it is EXACTLY what I did in 1995. I bought a house in TEMECULA, new construction 1% tax base. The same exact house sold for 50k more in my hometown of Santee(KB HOME). My husband and I, decided like 20 days to move in(would not sign final documents) that the commute would be an hour, we had no babysitter(mom lives in Santee), and we figured if we got in that one, if we waited we could buy in an older neighborhood in Santee and his commute would be 15 minutes. I was a stay at home mom for the majority of the last 11 years, in a good neighborhood, with good schools, and a short commute to work and to the beach….ttfn
little lady
ParticipantYeah, I have been there…Ima wino…..but seriously,it is nice. Still it is and was a place people moved to so they could get a better deal or “get in”, or what have you. When the place they really wanted to live becomes affordable, they will change their minds….I know it is EXACTLY what I did in 1995. I bought a house in TEMECULA, new construction 1% tax base. The same exact house sold for 50k more in my hometown of Santee(KB HOME). My husband and I, decided like 20 days to move in(would not sign final documents) that the commute would be an hour, we had no babysitter(mom lives in Santee), and we figured if we got in that one, if we waited we could buy in an older neighborhood in Santee and his commute would be 15 minutes. I was a stay at home mom for the majority of the last 11 years, in a good neighborhood, with good schools, and a short commute to work and to the beach….ttfn
little lady
ParticipantMaybe it will be quicker to S.D. from there, but no way in hell is it gonna return to stability before S.D.. It’s over priced, overbuilt, and too far out. People moved there because they got more for there money. As other places( like S.D.) come down, it’s not as good a deal. Most people like the coast,(NOT ME)because of the water.
little lady
ParticipantMaybe it will be quicker to S.D. from there, but no way in hell is it gonna return to stability before S.D.. It’s over priced, overbuilt, and too far out. People moved there because they got more for there money. As other places( like S.D.) come down, it’s not as good a deal. Most people like the coast,(NOT ME)because of the water.
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