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sunny88
Participant[quote=SDEngineer][quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:
HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.
Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.
But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.
So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]
Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.
Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:
http://www.ftb.ca.gov/individuals/faq/net/909.shtml
[/quote]Nothing comes for free, I guess if you are crazy about a nice view from the top of the mountain wearing out your car prematurely may not bother you too much. One of the turn-offs to us was driving by the ugly apartment complexes before you get on the freeway.
Participant[quote=SDEngineer][quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:
HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.
Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.
But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.
So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]
Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.
Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:
http://www.ftb.ca.gov/individuals/faq/net/909.shtml
[/quote]Nothing comes for free, I guess if you are crazy about a nice view from the top of the mountain wearing out your car prematurely may not bother you too much. One of the turn-offs to us was driving by the ugly apartment complexes before you get on the freeway.
Participant[quote=ocrenter]I heard Scripps Preserve is all sold out. [/quote]
No, they still have homes on sale. One of the models already sold.
Participant[quote=ocrenter]I heard Scripps Preserve is all sold out. [/quote]
No, they still have homes on sale. One of the models already sold.
Participant[quote=ocrenter]I heard Scripps Preserve is all sold out. [/quote]
No, they still have homes on sale. One of the models already sold.
Participant[quote=ocrenter]I heard Scripps Preserve is all sold out. [/quote]
No, they still have homes on sale. One of the models already sold.
Participant[quote=ocrenter]I heard Scripps Preserve is all sold out. [/quote]
No, they still have homes on sale. One of the models already sold.
ParticipantThe prices were ok for a while but in the current market they should come down another 10% to be competitive.
ParticipantThe prices were ok for a while but in the current market they should come down another 10% to be competitive.
ParticipantThe prices were ok for a while but in the current market they should come down another 10% to be competitive.
ParticipantThe prices were ok for a while but in the current market they should come down another 10% to be competitive.
ParticipantThe prices were ok for a while but in the current market they should come down another 10% to be competitive.
Participant[quote=Operation]My wife and I came very close to buying at Skyranch. The Crestview section in particular.
There were pros and cons for us and in the final analysis, we determined it wasn’t the best fit. We liked the views, the homes and the central location. We liked the fact that the 125, upon completion, would make the commute to La Jolla and other central areas fairly easy. However, the lots were small and the HOAs were outrageous. They have packed in the mello roos into the HOA and at $323/month it was just too much to swallow.
The airport issue there is a non-issue. You can hardly tell it’s near an approach. All I ever saw were prop airplanes landing and they were too far to be noisy.
Worse, dealing with Lennar was a pain. One of the saleswomen was NASTY mean when we first started showing serious interest. They eventually brought in a few more professionals but nonetheless, it left a bad taste in our mouth.
I also wouldn’t count on Santee showing appreciation at a higher rate than anywhere else.[/quote]
We completely agree with you. The HOA is an absolute ripoff! We liked the models at “Eaglepointe”, especially models 1 and 2. However, we heard that the schools are subpar and that was one of the main reasons we are looking elsewhere now.
Participant[quote=Operation]My wife and I came very close to buying at Skyranch. The Crestview section in particular.
There were pros and cons for us and in the final analysis, we determined it wasn’t the best fit. We liked the views, the homes and the central location. We liked the fact that the 125, upon completion, would make the commute to La Jolla and other central areas fairly easy. However, the lots were small and the HOAs were outrageous. They have packed in the mello roos into the HOA and at $323/month it was just too much to swallow.
The airport issue there is a non-issue. You can hardly tell it’s near an approach. All I ever saw were prop airplanes landing and they were too far to be noisy.
Worse, dealing with Lennar was a pain. One of the saleswomen was NASTY mean when we first started showing serious interest. They eventually brought in a few more professionals but nonetheless, it left a bad taste in our mouth.
I also wouldn’t count on Santee showing appreciation at a higher rate than anywhere else.[/quote]
We completely agree with you. The HOA is an absolute ripoff! We liked the models at “Eaglepointe”, especially models 1 and 2. However, we heard that the schools are subpar and that was one of the main reasons we are looking elsewhere now.
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