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SD Realtor
Participantwaiting for bottom getting into 4S for a 2500 sf home 4+ beds is going to be tough for 600k. Don’t be discouraged from trying though, just be persistent. Are you thinking resale or new? Any particular development that you are considering? For instance looking at the MLS there is a 3/2.5 on Prairie Springs listed for 658k as a short sale but they have an accepted offer. From there the prices step up to 700’s. So to be honest I think you are about a year (at least) early on your strategy. Don’t get me wrong, you should try it, and I have a few buyers that are doing just that. However they do know the reality that right now it is still to early.
I would agree with the statement that FLU made that some of the places in RP will get you more for your money. Once concern you may have though is I heard Westview High is impacted. (Manmom you out there to comment?) I “heard” that kids are being sent back to Mt Carmel but you have a better pulse on that then I do.
Anyways waiting, keep us informed as to how it goes. I will update the distressed sale monitor for carmel valley and 4S tonite.
SD Realtor
Participantwaiting for bottom getting into 4S for a 2500 sf home 4+ beds is going to be tough for 600k. Don’t be discouraged from trying though, just be persistent. Are you thinking resale or new? Any particular development that you are considering? For instance looking at the MLS there is a 3/2.5 on Prairie Springs listed for 658k as a short sale but they have an accepted offer. From there the prices step up to 700’s. So to be honest I think you are about a year (at least) early on your strategy. Don’t get me wrong, you should try it, and I have a few buyers that are doing just that. However they do know the reality that right now it is still to early.
I would agree with the statement that FLU made that some of the places in RP will get you more for your money. Once concern you may have though is I heard Westview High is impacted. (Manmom you out there to comment?) I “heard” that kids are being sent back to Mt Carmel but you have a better pulse on that then I do.
Anyways waiting, keep us informed as to how it goes. I will update the distressed sale monitor for carmel valley and 4S tonite.
SD Realtor
Participantwaiting for bottom getting into 4S for a 2500 sf home 4+ beds is going to be tough for 600k. Don’t be discouraged from trying though, just be persistent. Are you thinking resale or new? Any particular development that you are considering? For instance looking at the MLS there is a 3/2.5 on Prairie Springs listed for 658k as a short sale but they have an accepted offer. From there the prices step up to 700’s. So to be honest I think you are about a year (at least) early on your strategy. Don’t get me wrong, you should try it, and I have a few buyers that are doing just that. However they do know the reality that right now it is still to early.
I would agree with the statement that FLU made that some of the places in RP will get you more for your money. Once concern you may have though is I heard Westview High is impacted. (Manmom you out there to comment?) I “heard” that kids are being sent back to Mt Carmel but you have a better pulse on that then I do.
Anyways waiting, keep us informed as to how it goes. I will update the distressed sale monitor for carmel valley and 4S tonite.
SD Realtor
ParticipantFarbet you can ask the builders to pay this tax… you may want to read up on the origination of MR to find out the names of the state politicians who originated the ideas. I will give you a hint, they are either democrats or republicans. Go to google, look it up to find out.
SD Realtor
ParticipantFarbet you can ask the builders to pay this tax… you may want to read up on the origination of MR to find out the names of the state politicians who originated the ideas. I will give you a hint, they are either democrats or republicans. Go to google, look it up to find out.
SD Realtor
ParticipantFarbet you can ask the builders to pay this tax… you may want to read up on the origination of MR to find out the names of the state politicians who originated the ideas. I will give you a hint, they are either democrats or republicans. Go to google, look it up to find out.
SD Realtor
ParticipantFarbet you can ask the builders to pay this tax… you may want to read up on the origination of MR to find out the names of the state politicians who originated the ideas. I will give you a hint, they are either democrats or republicans. Go to google, look it up to find out.
SD Realtor
ParticipantFarbet you can ask the builders to pay this tax… you may want to read up on the origination of MR to find out the names of the state politicians who originated the ideas. I will give you a hint, they are either democrats or republicans. Go to google, look it up to find out.
SD Realtor
Participantpf –
It all depends on the ccrs and any other deed restrictions that homes in the covenant may be subject to. During the disclosure period you are delivered all of that documentation to review. There indeed may be restrictions about conformance of design, certainly also with respect to landscaping, that may be subject to a review by the HOA of that particular subdivision. The permit process which in and of itself is not much fun is independent of ccrs/deed restrictions placed on individual homes.
As far as looking to retire and play some golf, I envy you bigtime! There is alot to choose from and if you are in no rush you will do well to be selective.
SD Realtor
Participantpf –
It all depends on the ccrs and any other deed restrictions that homes in the covenant may be subject to. During the disclosure period you are delivered all of that documentation to review. There indeed may be restrictions about conformance of design, certainly also with respect to landscaping, that may be subject to a review by the HOA of that particular subdivision. The permit process which in and of itself is not much fun is independent of ccrs/deed restrictions placed on individual homes.
As far as looking to retire and play some golf, I envy you bigtime! There is alot to choose from and if you are in no rush you will do well to be selective.
SD Realtor
Participantpf –
It all depends on the ccrs and any other deed restrictions that homes in the covenant may be subject to. During the disclosure period you are delivered all of that documentation to review. There indeed may be restrictions about conformance of design, certainly also with respect to landscaping, that may be subject to a review by the HOA of that particular subdivision. The permit process which in and of itself is not much fun is independent of ccrs/deed restrictions placed on individual homes.
As far as looking to retire and play some golf, I envy you bigtime! There is alot to choose from and if you are in no rush you will do well to be selective.
SD Realtor
Participantpf –
It all depends on the ccrs and any other deed restrictions that homes in the covenant may be subject to. During the disclosure period you are delivered all of that documentation to review. There indeed may be restrictions about conformance of design, certainly also with respect to landscaping, that may be subject to a review by the HOA of that particular subdivision. The permit process which in and of itself is not much fun is independent of ccrs/deed restrictions placed on individual homes.
As far as looking to retire and play some golf, I envy you bigtime! There is alot to choose from and if you are in no rush you will do well to be selective.
SD Realtor
Participantpf –
It all depends on the ccrs and any other deed restrictions that homes in the covenant may be subject to. During the disclosure period you are delivered all of that documentation to review. There indeed may be restrictions about conformance of design, certainly also with respect to landscaping, that may be subject to a review by the HOA of that particular subdivision. The permit process which in and of itself is not much fun is independent of ccrs/deed restrictions placed on individual homes.
As far as looking to retire and play some golf, I envy you bigtime! There is alot to choose from and if you are in no rush you will do well to be selective.
SD Realtor
ParticipantA pretty decent rule of thumb is that homes that are in subdivisions created in the last 15 years are subject to Mello Roos, or shall I say are in Mello Roos districts. It is not always the case but most of the time that will be correct. Mello Roos can add as much as .8% of the purchase price to your property taxes. Your base property tax rate (including other municipal bond fees and such) is about 1.1-1.15% depending on where you live in the county.
If you are looking at new homes simply ask the person in the sales office if the homes are subject to Mello Roos. If you are looking at homes of the quality of the Bridges it may be hard for you to find a subdivision that is not subject to Mello Roos. Buy an older home in RSF or Fairbanks or Solana Beach and those homes will not be subject to MR. Essentially the answer to the grandfather question I guess is yes. Either a home has MR or it does not. If a home was built before MR then it will never have MR. Awhile ago I posted a long post on MR fees in San Diego and had some links to it. You can google san diego mello roos and find really good resources. As you said you do have the option of paying all your MR fees up front when you purchase but that is a hefty buy in and I would advise not to do that and pay as you go. Well actually I have a big issue with MR so I would buy the older home and not pay but new homes are very attractive to people.
Hope this helped…oh yeah and again, any home generally over 15 years will not have MR fees with regards to your question about exempt.
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