[ocrenter]

I’m in complete agreement with ER in regard to paying off the MR. Unless you are a seasoned investor, how many of us has the ability to generate 7% return on our investment year after year for 30 years? Yet that’s exactly what you are doing when you pay off the MR. Instead, a lot of people I know are committing to a 20 year solar panel lease at a rate of 7%.

How many people actually sold homes with years of high interest obligation to solar leasing companies? Yet all of the solar companies advertise about the increased home value like gospel. What about the MR? Nobody dares to even say you’ll break even on the appraisal value. But seriously, put up a listing with the opening: “owner paid off entire MR, saving you $6-10k a year” and that’s not going get a buyer’s attention???

The MR payoff is an absolute no brainer.

[ocrenter]

[quote=earlyretirement]
I totally agree. Disturbing is putting it mildly. I do think it will take a lawsuit to really uncover just how much misuse of funds is going on and what it’s being used on (and has been used on over the years). An explanation of who exactly can draw on these 200 checking accounts and what the process is?

It doesn’t seem like anyone wants to “rock the boat” but I’m afraid it’s going to take a formal lawsuit. Any lawyers on the board interested?[/quote]

This is unfortunately the unfortunate truth when it comes to the MR.

There have been gross abuse of power with complete lack oversight.

Hate to say it, but a class action lawsuit is way overdue.

[ocrenter]

[quote=earlyretirement]

Yeah, you’re right OCR. I can’t for the life of me figure out why the MR taxes are so dang high in Del Sur.

I was really surprised to read the KPBS links today about how PUSD is misusing our CFD taxes. Did you read those links? I was also surprised to read they take our CFD taxes and use them in NON-CFD school districts. Also, to buy lunches, put seminars, etc. This was NOT the intended purpose of CFD taxes.

I wrote in to my City Councilman today for the District to ask him about this. Hopefully I hear back. It was shocking to read.[/quote]

In every PUSD school, they have a big banner: CHARACTER COUNTS!

apparently that only applies for the PUSD students, the PUSD administrators are exempt from that.

[ocrenter]

[quote=earlyretirement]

Yikes! I knew it was over $100,000 for a Mello Roos payoff in Del Sur but that is crazy! I guess part of the reason is it’s newer and developments like Santaluz have already been paying on it for 10 years.

But that pay off is insane! IMHO.
[/quote]

Don’t know, plenty of developments that came about around the same time with much lower MR.

might be something for the Voice of SD reporter to look into.

[ocrenter]

[quote=AN]Great decision OCR. I’ve got mine switched out 4+ years ago and it saved me a lot of money. I got the same pump as you. I have mine on 2nd speed and have it run for 8-10 hours. I recently just put it down to 1st speed but have it run for 12 hours instead. I’ll see if that save me $ or not and whether it’s sufficient to keep the pool clean.[/quote]

I ran a few scenarios on the pentair online calculator to get to my current settings.

http://www.pentairpool.com/pool-owner/resources/calculators/pool-pump-calc/

the pump makes a lot of sense given the cost of electricity goes up exponentially with the rpm. once you get control over the rpm, it almost becomes a hypermiling thing with hybrid drivers.

[ocrenter]

[quote=CA renter]Well done, OCR!!! 🙂

Please let us know how this affects your SDG&E bill going forward, if you don’t mind.[/quote]

would be interesting, will keep you up-to-date.

[ocrenter]

[quote=CA renter]Just a sidenote, but in case people missed it, SDG&E is trying to get their high-rate customers (like us) to help lobby on their behalf to flatten the tier pricing.

Even though we’re well into Tier 4 in the hot summer months (and often throughout the year), we do not want flat pricing. IMHO, the reason they are trying to flatten the rates is because more and more people are getting solar. SDG&E is probably worried about losing their most profitable customers in the higher tiers, so are trying to push up profit margins on the lower end.

Just a public service announcement for the Piggs. :)[/quote]

SDGE is quite hypocritical with this. Obviously the tiered system creates a drive to conserve as well as a drive to solar. Both of these are what they publicly advocate. By lobbying to get rid of the tiered pricing, it is very clear to us all that ultimately, the environment still takes a backseat to the company’s bottom line.

[ocrenter]

Finally got my act together and went for the variable speed pump. Got the Pentair variable speed pump on ebay for $850. I called a bunch of places to install this thing. I would say 90% of the pool places refused to install pumps they do not supply. Going rate for pumps retail ranged from $1100 to $1500. Then on top of that they wanted to charge install and programming from $200 to $500.

Finally was able to find a few folks that were willing to install pumps purchased elsewhere. Prices ranged between $450 to $700.

Decided to watch a couple of youtube videos, got some additional supplies from home depot + amazon and installed the new pump myself. This is my first time playing around with PVC pipes so there was some apprehensions. Took about half a day, pump in, and all programmed. Going at 1000 rpm for 10 hours with 2500 rpm for the pool cleaner to run for 1.5 hours. Projected saving of around $70/mo. Counting the $200 SDGE rebate, break even should be about 10 months.

Just in time for the September SDGE rate hike too!

[ocrenter]

this is the best part of the article:

“Sheriff’s spokesman Steve Whitmore said both deputies have been relieved of duty with pay.”

note WITH pay. Essentially a vacation. Cool beans!

[ocrenter]

[quote=4slive]yes, I did check with sale agent. 4S ranch payoff amount is around 11X of annual payment. But Del Sur is 24X. For most of the family who can afford this price range, there is no tax benenfit for property tax and MR.[/quote]

I suppose you are right.

A typical Santaluz MR would be $6000 per year.

A typical Stonebridge MR would be $5000 per year.

A similar sqft home in Del Sur’s Avaron (which is much better compared to Marston btw) is looking at MR of $10k per year.

So per year Del Sur’s MR is about the same as a Santaluz + Stonebridge added together. So would the payoff…

Just absolutely floored by the number…

Wow!!!

[ocrenter]

[quote=4slive]be cautious, the MR payoff amount is $170K !!! It essentially bring the home price to 1.3M.[/quote]

wow, for real?! that’s more than the MR payoff of Santaluz + Stonebridge combined.

[ocrenter]

[quote=sister]Did anyone notice that included in the “view” from Marston are those ginormous power lines? I don’t think I want to look at those things for the rest of my life. I don’t think there are truly health risks from the electricity or whatever. Just concerned about the view.[/quote]

Unfortunately of the 50+ lots being offered, half will have the high voltage line view. it also turns out all of the larger lots are on the side of the street impacted by the high voltage line. The more south you go, the closer the line is to you.

btw, the 3 homes squeezed in together sharing a driveway mentioned earlier? no high voltage line view.

[ocrenter]

[quote=kcal09]We went back yesterday with some friends and the place was packed with visitors. I spoke to some people there and they said that the inventory is really low. With the interest rates trending up a lot of people are trying to jump in despite the high prices.[/quote]

we were in the neighborhood so decided to stop by the models.

we were blown away by their ability to squeeze a 4500+ sqft home on to a 7500 sqft lot. part of the strategy is to put the homes very close to the curb. but then you lose the “estate” feel. the models were of course very nice,, although one of them has a “half-pool”. I’ve never seen anything like that before. The pool is essentially a square, half the size of a regular rectangular lap pool. There’s no spa with the pool. I just can’t wrap my head around the concept. obviously you can’t swim in this thing, within a single stroke and you have reached the other side. just all together very strange.

we saw on the map they had 3 of these homes squeezed in to a 1/2 acre lot, sharing a driveway. $1 million plus to share driveways?

I thought StanPac’s Bellasario was overpriced, after Marston, Bellasario looks like a total bargain.

[ocrenter]

[Quote]

Oh, and if TV supposedly has “Texas (RE) prices,” its weather is, more often than not, like TX than the SoCal coast as well! You pay for what you get, Paramount![/quote]

You get Texas politics too, no?

[ocrenter]

[quote=paramount]I have to admit, I was very unhappy about my situation in Temecula during and following the crash. I viewed myself as a responsible buyer, I put a relatively large amount of money down on my house and at least on paper lost it all.

I’m not a RSF phony and 40-50k is a lot of money for me to lose.

I’ve doubled down since then, I’m just now recovering from the crash, and I don’t won’t some johnny-come-lately troll derailing any recovery.

This blog can be found on google.

People read this blog.

I’ve lived in a lot of different places around the country including san Diego, and Temecula has been the best value by far.

Temecula: So Cal weather, Texas Prices.[/quote]

While I don’t think a single thread on Piggington will do anything for or against a city/town/village,
I am of the opinion that the over-reaction toward the OP’s desire to leave would do more harm to Temecula’s image than what OP said throughout the entire thread.

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