[nybuyer]

Where exacty are the power lines? That’s a deal breaker for me. Was looking at the birds eye shots of the area on Windows Live (maps.live.com) and didn’t see any power lines nearby.

I do think the neighborhood looks nice – lots of large homes with green lawns and trees – not quite as “beige” as the other “luxury” subdividisions Was also surprised that many of these developments aren’t gated – only a handful. Why is that? Would have thought that it improves the marketability of the properties. Is it an issue with the city and/or roads?

[nybuyer]

Thanks all for your input…will keep you updated on my hunt.

by the way, what ever happened to raptorduck? did he buy anything yet?

[nybuyer]

Thanks all for your input…will keep you updated on my hunt.

by the way, what ever happened to raptorduck? did he buy anything yet?

[nybuyer]

Thanks all for your input…will keep you updated on my hunt.

by the way, what ever happened to raptorduck? did he buy anything yet?

[nybuyer]

Thanks all for your input…will keep you updated on my hunt.

by the way, what ever happened to raptorduck? did he buy anything yet?

[nybuyer]

Thanks all for your input…will keep you updated on my hunt.

by the way, what ever happened to raptorduck? did he buy anything yet?

[nybuyer]

sdr

I’m originally from LA (born and raised), went to school in Northern California, lived abroad for a bit, then moved to NYC for work, where I’ve been for the past 4 years. I live/work in Manhattan (midtown), where I will probably be until next year when I decide whether to stay another year or move back to California – much of that decision will be based on where Wall St is next year, so time will tell.

What I like about The Crosby is that it is a gated golf community-a very nice one at that-that is relatively close to the coast, so it still has a nice, temperate climate. I’m originally from the South Bay part of LA (Redondo Beach/Torrance), so I’m used to a year round climate that oscillates between 65-75 degF.

I was running the math yesterday on the impact MR has on financing. In The Crosby, for the houses in the $1.3-1.5mm range, MR averages somewhere around $6500/year, which comes to $550 or so per month. From what I can tell, MR taxes are not tax-deductible, so $550/mo is effectively an after-tax number, which is roughly equal to another $150K mortgage. (Similarly, the HOA fees which are also around $500/mo would be akin to another $125K mortgage). All in, between the high HOA and MR, its as if you’re paying another $275K for a house in the Crosby (or comparable community).

Is Olivenhain a new community or something akin to the Covenant/FBR?

[nybuyer]

sdr

I’m originally from LA (born and raised), went to school in Northern California, lived abroad for a bit, then moved to NYC for work, where I’ve been for the past 4 years. I live/work in Manhattan (midtown), where I will probably be until next year when I decide whether to stay another year or move back to California – much of that decision will be based on where Wall St is next year, so time will tell.

What I like about The Crosby is that it is a gated golf community-a very nice one at that-that is relatively close to the coast, so it still has a nice, temperate climate. I’m originally from the South Bay part of LA (Redondo Beach/Torrance), so I’m used to a year round climate that oscillates between 65-75 degF.

I was running the math yesterday on the impact MR has on financing. In The Crosby, for the houses in the $1.3-1.5mm range, MR averages somewhere around $6500/year, which comes to $550 or so per month. From what I can tell, MR taxes are not tax-deductible, so $550/mo is effectively an after-tax number, which is roughly equal to another $150K mortgage. (Similarly, the HOA fees which are also around $500/mo would be akin to another $125K mortgage). All in, between the high HOA and MR, its as if you’re paying another $275K for a house in the Crosby (or comparable community).

Is Olivenhain a new community or something akin to the Covenant/FBR?

[nybuyer]

sdr

I’m originally from LA (born and raised), went to school in Northern California, lived abroad for a bit, then moved to NYC for work, where I’ve been for the past 4 years. I live/work in Manhattan (midtown), where I will probably be until next year when I decide whether to stay another year or move back to California – much of that decision will be based on where Wall St is next year, so time will tell.

What I like about The Crosby is that it is a gated golf community-a very nice one at that-that is relatively close to the coast, so it still has a nice, temperate climate. I’m originally from the South Bay part of LA (Redondo Beach/Torrance), so I’m used to a year round climate that oscillates between 65-75 degF.

I was running the math yesterday on the impact MR has on financing. In The Crosby, for the houses in the $1.3-1.5mm range, MR averages somewhere around $6500/year, which comes to $550 or so per month. From what I can tell, MR taxes are not tax-deductible, so $550/mo is effectively an after-tax number, which is roughly equal to another $150K mortgage. (Similarly, the HOA fees which are also around $500/mo would be akin to another $125K mortgage). All in, between the high HOA and MR, its as if you’re paying another $275K for a house in the Crosby (or comparable community).

Is Olivenhain a new community or something akin to the Covenant/FBR?

[nybuyer]

sdr

I’m originally from LA (born and raised), went to school in Northern California, lived abroad for a bit, then moved to NYC for work, where I’ve been for the past 4 years. I live/work in Manhattan (midtown), where I will probably be until next year when I decide whether to stay another year or move back to California – much of that decision will be based on where Wall St is next year, so time will tell.

What I like about The Crosby is that it is a gated golf community-a very nice one at that-that is relatively close to the coast, so it still has a nice, temperate climate. I’m originally from the South Bay part of LA (Redondo Beach/Torrance), so I’m used to a year round climate that oscillates between 65-75 degF.

I was running the math yesterday on the impact MR has on financing. In The Crosby, for the houses in the $1.3-1.5mm range, MR averages somewhere around $6500/year, which comes to $550 or so per month. From what I can tell, MR taxes are not tax-deductible, so $550/mo is effectively an after-tax number, which is roughly equal to another $150K mortgage. (Similarly, the HOA fees which are also around $500/mo would be akin to another $125K mortgage). All in, between the high HOA and MR, its as if you’re paying another $275K for a house in the Crosby (or comparable community).

Is Olivenhain a new community or something akin to the Covenant/FBR?

[nybuyer]

sdr

I’m originally from LA (born and raised), went to school in Northern California, lived abroad for a bit, then moved to NYC for work, where I’ve been for the past 4 years. I live/work in Manhattan (midtown), where I will probably be until next year when I decide whether to stay another year or move back to California – much of that decision will be based on where Wall St is next year, so time will tell.

What I like about The Crosby is that it is a gated golf community-a very nice one at that-that is relatively close to the coast, so it still has a nice, temperate climate. I’m originally from the South Bay part of LA (Redondo Beach/Torrance), so I’m used to a year round climate that oscillates between 65-75 degF.

I was running the math yesterday on the impact MR has on financing. In The Crosby, for the houses in the $1.3-1.5mm range, MR averages somewhere around $6500/year, which comes to $550 or so per month. From what I can tell, MR taxes are not tax-deductible, so $550/mo is effectively an after-tax number, which is roughly equal to another $150K mortgage. (Similarly, the HOA fees which are also around $500/mo would be akin to another $125K mortgage). All in, between the high HOA and MR, its as if you’re paying another $275K for a house in the Crosby (or comparable community).

Is Olivenhain a new community or something akin to the Covenant/FBR?

[nybuyer]

SD Realtor, what area of SD do you specialize in? Know of any good agents that specialize in the RSF area? Being based in NY makes it hard for me to tour personally, and it is always so difficult to find good agents by just looking at their websites.

There are about 4-5 listings in The Crosby that are between $1.3-1.4mm. Any sense on how the sellers would likely respond to an offer at $1mm? Some of the listings have been on the market for quite some time (~6mo). Also, any idea what the property tax/MR is in the Crosby? Having grown up in SoCal, there is a real appeal to me of a gated community (and the golf course is a plus, for an aspiring golfer like myself).

Also, still keeping the KB Homes Oceanside development (“Buckingham”) on my short list for now, given that it has no MR and HOA fees are only $145/mo. Property tax is also low, at around 1.06%. Still keeping it on the radar on the value factor alone (where else in SD can you get a 5000sf brand new home on a 1.5 acre lot with views of a flower farm for $850K and no MR???)

[nybuyer]

SD Realtor, what area of SD do you specialize in? Know of any good agents that specialize in the RSF area? Being based in NY makes it hard for me to tour personally, and it is always so difficult to find good agents by just looking at their websites.

There are about 4-5 listings in The Crosby that are between $1.3-1.4mm. Any sense on how the sellers would likely respond to an offer at $1mm? Some of the listings have been on the market for quite some time (~6mo). Also, any idea what the property tax/MR is in the Crosby? Having grown up in SoCal, there is a real appeal to me of a gated community (and the golf course is a plus, for an aspiring golfer like myself).

Also, still keeping the KB Homes Oceanside development (“Buckingham”) on my short list for now, given that it has no MR and HOA fees are only $145/mo. Property tax is also low, at around 1.06%. Still keeping it on the radar on the value factor alone (where else in SD can you get a 5000sf brand new home on a 1.5 acre lot with views of a flower farm for $850K and no MR???)

[nybuyer]

SD Realtor, what area of SD do you specialize in? Know of any good agents that specialize in the RSF area? Being based in NY makes it hard for me to tour personally, and it is always so difficult to find good agents by just looking at their websites.

There are about 4-5 listings in The Crosby that are between $1.3-1.4mm. Any sense on how the sellers would likely respond to an offer at $1mm? Some of the listings have been on the market for quite some time (~6mo). Also, any idea what the property tax/MR is in the Crosby? Having grown up in SoCal, there is a real appeal to me of a gated community (and the golf course is a plus, for an aspiring golfer like myself).

Also, still keeping the KB Homes Oceanside development (“Buckingham”) on my short list for now, given that it has no MR and HOA fees are only $145/mo. Property tax is also low, at around 1.06%. Still keeping it on the radar on the value factor alone (where else in SD can you get a 5000sf brand new home on a 1.5 acre lot with views of a flower farm for $850K and no MR???)

[nybuyer]

SD Realtor, what area of SD do you specialize in? Know of any good agents that specialize in the RSF area? Being based in NY makes it hard for me to tour personally, and it is always so difficult to find good agents by just looking at their websites.

There are about 4-5 listings in The Crosby that are between $1.3-1.4mm. Any sense on how the sellers would likely respond to an offer at $1mm? Some of the listings have been on the market for quite some time (~6mo). Also, any idea what the property tax/MR is in the Crosby? Having grown up in SoCal, there is a real appeal to me of a gated community (and the golf course is a plus, for an aspiring golfer like myself).

Also, still keeping the KB Homes Oceanside development (“Buckingham”) on my short list for now, given that it has no MR and HOA fees are only $145/mo. Property tax is also low, at around 1.06%. Still keeping it on the radar on the value factor alone (where else in SD can you get a 5000sf brand new home on a 1.5 acre lot with views of a flower farm for $850K and no MR???)

[Author]

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