[sdcellar]

It is a pretty good darn deal, since I doubt most people will do much better. I was x2ing jpinpb based on her general take, not her exact words (and you, of anybody, should care little about exact words).

I’m pretty sure you think you got a pretty good darn deal on your place. The buyer of this place did at least as well as you did.

[sdcellar]

jpinbp x 2

[sdcellar]

Also, for all your blubbering, you understand that the property appears unimproved when it sold in 2003 (heck, it was your comment!), so it actually seems like a pretty darn good deal to me. If it were to sell in the mid to high fives, you don’t want to think about what your house and its improvements would get you.

I wouldn’t be very happy for that matter either, but that’s because I overpaid more than your average Pigg.

[sdcellar]

Is it you’re doing it for yourself for enjoyment (which I get), or is it because you think it was a sound investment?

Didn’t you just say that recouping 90-100% of your home improvement dollars was unrealistic? I’m pretty darn certain you haven’t recovered your buy + improvement costs, so you telling yourself you have says a lot.

[sdcellar]

[quote=sunny88]Back on the market! What a steal…!

http://www.sdlookup.com/MLS-100051901-14661_Old_Creek_Dr_San_Diego_CA_92131%5B/quote%5D

I’d say if it goes at this price, it’s probably one of the best deals so far in Stonebridge? Haven’t seen it, so that could be the difference, but on paper…

[sdcellar]

Rirelguvat ybbxf tbbq ba zl raq, ohg zl sevraqf ner fnlvat gurl pna’g haqrefgnaq n jbeq V’z glcvat…

[sdcellar]

It’s Blu-ray, spammer! Fat chance I’m going to trust you with my BDs.

(oh wait, who’s the dummy…)

[sdcellar]

It’s Blu-ray, spammer! Fat chance I’m going to trust you with my BDs.

(oh wait, who’s the dummy…)

[sdcellar]

It’s Blu-ray, spammer! Fat chance I’m going to trust you with my BDs.

(oh wait, who’s the dummy…)

[sdcellar]

It’s Blu-ray, spammer! Fat chance I’m going to trust you with my BDs.

(oh wait, who’s the dummy…)

[sdcellar]

It’s Blu-ray, spammer! Fat chance I’m going to trust you with my BDs.

(oh wait, who’s the dummy…)

[sdcellar]

My contention is that they almost certainly would have sold for higher prices.

I should also take this opportunity to correct myself and acknowledge that the one other thing that will negate the impact of significant M-R taxes is time itself. In twenty years or so, they should be paid off and become a non-factor (and this may well occur more quickly than inflation will numb the hit).

I’ve heard anecdotally that the M-R assessments can be extended, but I have no idea how often it occurs to any meaningful extent.

A buyer today would still be wise to not overrate such long-term effects, however. That is, be careful not to put too much stock into the 30-year (or 20-) argument as many homeowners never get there. If instead, it’s honestly your home to die in, then yes, your kids might not be so affected by your currently (outrageous) Mello-Roos.

[sdcellar]

My contention is that they almost certainly would have sold for higher prices.

I should also take this opportunity to correct myself and acknowledge that the one other thing that will negate the impact of significant M-R taxes is time itself. In twenty years or so, they should be paid off and become a non-factor (and this may well occur more quickly than inflation will numb the hit).

I’ve heard anecdotally that the M-R assessments can be extended, but I have no idea how often it occurs to any meaningful extent.

A buyer today would still be wise to not overrate such long-term effects, however. That is, be careful not to put too much stock into the 30-year (or 20-) argument as many homeowners never get there. If instead, it’s honestly your home to die in, then yes, your kids might not be so affected by your currently (outrageous) Mello-Roos.

[sdcellar]

My contention is that they almost certainly would have sold for higher prices.

I should also take this opportunity to correct myself and acknowledge that the one other thing that will negate the impact of significant M-R taxes is time itself. In twenty years or so, they should be paid off and become a non-factor (and this may well occur more quickly than inflation will numb the hit).

I’ve heard anecdotally that the M-R assessments can be extended, but I have no idea how often it occurs to any meaningful extent.

A buyer today would still be wise to not overrate such long-term effects, however. That is, be careful not to put too much stock into the 30-year (or 20-) argument as many homeowners never get there. If instead, it’s honestly your home to die in, then yes, your kids might not be so affected by your currently (outrageous) Mello-Roos.

[sdcellar]

My contention is that they almost certainly would have sold for higher prices.

I should also take this opportunity to correct myself and acknowledge that the one other thing that will negate the impact of significant M-R taxes is time itself. In twenty years or so, they should be paid off and become a non-factor (and this may well occur more quickly than inflation will numb the hit).

I’ve heard anecdotally that the M-R assessments can be extended, but I have no idea how often it occurs to any meaningful extent.

A buyer today would still be wise to not overrate such long-term effects, however. That is, be careful not to put too much stock into the 30-year (or 20-) argument as many homeowners never get there. If instead, it’s honestly your home to die in, then yes, your kids might not be so affected by your currently (outrageous) Mello-Roos.

[Author]

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