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SD Realtor
ParticipantFlu I can totally understand your dilema…. it is a really tough call. My two boys are entirely different… my older one loves all sports but is addicted to baseball. He is really good, all star level and would play select if his mom would let him but she will not. Beyond that anything with a ball he will play…. from organized to pickup including things like dodgeball… kickball… etc… The younger one, by 15 months is entirely different… while he is stronger and faster then the older one, his hand eye coordination is not quite as good. He can be better at sports then the older one but is only lukewarm on them. As much as I would like to push him I am careful not to so he picks and chooses what he plays to an extent. For instance he likes hockey alot but he skates like crap and because of that he doesn’t go hard and at times just doesnt try. So I told him when he wanted to play recently that if he didn’t try hard then he wouldn’t play… so that is what happened, he joined, he didn’t try so we stopped…. Fall baseball is starting soon and my oldest is ready to go, my younger one asked if he could play and if so would I coach so of course I said yes.
The problematic issue with organized sports is that they are competitive quick… By 7/8 the quality of the experience will vary with the childrens ability in most all the teams for most all the types of sports that are commonly available for kids. It is just the way it is. I did practice with my kids alot and have always been good at sports from ice hockey to capture the flag and everythning in between. So getting out and playing with them in the park or at the rink or tennis court or whatever is just something I do with them independent of them playing in any league. Time spent with them is what counts.
I do believe that Allan brought up really good points that sports can help develop positive personality traits and life experiences. Don’t be afraid of individual sports as well, tennis for instance. They are great ways to spend alone time with your child and there are lots of tennis teams and stuff.
Anyways thumbs up to any sport… yes it is a crapshoot about how positive the experience will be but life is that way. Your child will get more out of it when you are there to share it with.
Participantyipla trying to time any market to get things done is challenging but of course can be done in a more macro sense. Even short term real estate trends take awhile to form. Seller psychology is the problem because most of them do not act in a dynamic manner. Thus factors such as inventory growth and slower sales statistics for a few months are generally lost on sellers. Most of them will ignore those factors and price the home according to the previous years conditions/pricing models. The result is they don’t learn for a few months, and by that time they generally decide to relist the following spring or make a more inconsequential reduction. Statistically the highest number of sales (closings of escrow) occurs in March, April, May and June. Meaning most homes go into escrow a month before those listed. Now the best selections of homes available is usually late Feb – May. So does that mean that you get a better deal in November than August? Maybe but maybe not. It may be a better price but on a less desirable house. It is hard to qualify the statement. Furthermore the most ignored factor but the one that is way more important is financing. So to answer you there is not any more appreciable activity in fall then July but the dependencies of the submarket you are looking at, the financing environment, and the overall established trend of the market are way more important. Right now the market in San Diego has been slowing for several months from a closed sales perspective. We have seen inventory growth but sellers have not yet capitulated at all. Lets see what happens in 6 months.
ParticipantI like most of the recommendations on here. If you are looking for non cookie cutter then yes Del Mar and Rancho Santa Fe are nice places but range in prices and while you have a lot of money to spend, you may find that the IDEAL place you want exceeds the budget. Personally I love the area east of Encinitas, known as Olivenain. To me it represents some of the best San Diego has to offer.
My strong advice to you is to come to San Diego and rent. Rent for awhile and go see all the different areas San Diego has to offer. The diversity of neighborhoods is really cool and it is nice to get advice from the people who LIVE here. However personal tastes vary and you may find that once you have lived here for awhile you may find some quite unique areas that people may not consider for themselves…
ParticipantI agree with joec… anyone that relocates should rent at least a few months. even if u have lived here before the area may have changed. You may even find somewhere else you like better. Also right now inventory is building again… No rush to do anything if I were you.
ParticipantLease options to purchase are in the most case beneficial for the seller/landlord but that is because they are rarely if ever exercised and as a landlord you get to keep your rental and keep the option money.
You would be foolish not to put the home on the open market and attempt to get the maximum price available. You care most about your net, not about the sales price.
ParticipantAll are good and valid points… with regards to the 1031 exchange, as it was posted it would indeed push your basis up HOWEVER it is simply an adjustment to your cost basis and in no way changes the depreciation recapture.
Paramount, before you do anything I suggest you read and educate yourself about PATs or Private Annuity Trusts.
ParticipantLiterally the “can” can be kicked down the road longer then anyone ever thought.
ParticipantYou definitely want to use a broker to do your note and then have it serviced with someone. PM me if you want a reference.
ParticipantA few facts about the move. First off Texas ponied up 40 million to Toyota for the move. The original move was supposed to go to Dallas but Toyota did not like the DISD. So they ended up relocating to Plano. Plano is the equivalent of the Poway school district 4-S Ranch lifestyle in San Diego (with the exception of the weather). Lots of good schools, gated communities, and a ton of engineers who work at Texas Instruments and other engineering firms in North Dallas. Other surrounding communities in the area include Frisco, Allen and Prosper which are also middle/upper class. Pretty nice median salaries in all those areas that are competitive with the 4S Ranchers and a little higher.
ParticipantInteresting. I did an experiment. I only looked at the very first post of this thread, and then the very last post.
ParticipantCongrats FLU – In the long run you will look back and be glad you made the deal.
ParticipantThat is brutal. However you need to review the contract with the property manager very carefully to see how the wording is with respect the property manager being diligent in keeping up with the HOA. If the pm has been sending the proceeds to the old HOA I don’t understand how the old HOA cleared those checks. It seems to me they would have returned the funds to the sender.
To be honest something does not seem right.
ParticipantReally informative post Hatfield.
ParticipantAN and CDMA – Yeah it is pretty much of a burner out there right now. Hang in there. Hopefully you will get the entitled sellers phenom to occur where every seller will list well above comps and that may help push up some inventory. It may take a few months but I maybe you get some relief in July.
As for foreclosures in San Diego county, I don’t see it making much if any effect at all. Way to much cash out there still. Not to mention the government has already displayed that they will allow overall market manipulation to prevent a foreclosure inventory glut that will crash or severely depreciate housing markets.
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