[sunny88]

I have refied a few times and every time I tried one of those online companies they either couldn’t deliver what was advertised or the service was very poor and time consuming. I always ended up doing business with one the big banks in town (BofA or Wells Fargo) where I had a loan officer personally working on my refi. I may have paid a little more but the process was done more efficiently. In general, if it looks too good to be true it usually is.

[sunny88]

I have refied a few times and every time I tried one of those online companies they either couldn’t deliver what was advertised or the service was very poor and time consuming. I always ended up doing business with one the big banks in town (BofA or Wells Fargo) where I had a loan officer personally working on my refi. I may have paid a little more but the process was done more efficiently. In general, if it looks too good to be true it usually is.

[sunny88]

I have refied a few times and every time I tried one of those online companies they either couldn’t deliver what was advertised or the service was very poor and time consuming. I always ended up doing business with one the big banks in town (BofA or Wells Fargo) where I had a loan officer personally working on my refi. I may have paid a little more but the process was done more efficiently. In general, if it looks too good to be true it usually is.

[sunny88]

[quote=SD Realtor]I would agree with what Scarlett said. I would be more comfortable with the 1750 sf homes down lower then where they are now. At the 500k price they are horrible investment properties. Most of those that were bought for investments were done so long ago. The majority were owner occupied and bought at a low price and then the owners moved on but kept the unit. I am not sure how low they will go because it is a nice area that has decent demand. I do believe they will move down though.[/quote]

Since the interest rates will go up eventually do you think that the lower priced properties in Scripps Ranch will become more popular than the more expensive ones and thus lose less value since they are more “affordable”? It just seems to me that Miro is more attractive than some of the surrounding neighborhoods.

[sunny88]

[quote=SD Realtor]I would agree with what Scarlett said. I would be more comfortable with the 1750 sf homes down lower then where they are now. At the 500k price they are horrible investment properties. Most of those that were bought for investments were done so long ago. The majority were owner occupied and bought at a low price and then the owners moved on but kept the unit. I am not sure how low they will go because it is a nice area that has decent demand. I do believe they will move down though.[/quote]

Since the interest rates will go up eventually do you think that the lower priced properties in Scripps Ranch will become more popular than the more expensive ones and thus lose less value since they are more “affordable”? It just seems to me that Miro is more attractive than some of the surrounding neighborhoods.

[sunny88]

[quote=SD Realtor]I would agree with what Scarlett said. I would be more comfortable with the 1750 sf homes down lower then where they are now. At the 500k price they are horrible investment properties. Most of those that were bought for investments were done so long ago. The majority were owner occupied and bought at a low price and then the owners moved on but kept the unit. I am not sure how low they will go because it is a nice area that has decent demand. I do believe they will move down though.[/quote]

Since the interest rates will go up eventually do you think that the lower priced properties in Scripps Ranch will become more popular than the more expensive ones and thus lose less value since they are more “affordable”? It just seems to me that Miro is more attractive than some of the surrounding neighborhoods.

[sunny88]

[quote=SD Realtor]I would agree with what Scarlett said. I would be more comfortable with the 1750 sf homes down lower then where they are now. At the 500k price they are horrible investment properties. Most of those that were bought for investments were done so long ago. The majority were owner occupied and bought at a low price and then the owners moved on but kept the unit. I am not sure how low they will go because it is a nice area that has decent demand. I do believe they will move down though.[/quote]

Since the interest rates will go up eventually do you think that the lower priced properties in Scripps Ranch will become more popular than the more expensive ones and thus lose less value since they are more “affordable”? It just seems to me that Miro is more attractive than some of the surrounding neighborhoods.

[sunny88]

[quote=SD Realtor]I would agree with what Scarlett said. I would be more comfortable with the 1750 sf homes down lower then where they are now. At the 500k price they are horrible investment properties. Most of those that were bought for investments were done so long ago. The majority were owner occupied and bought at a low price and then the owners moved on but kept the unit. I am not sure how low they will go because it is a nice area that has decent demand. I do believe they will move down though.[/quote]

Since the interest rates will go up eventually do you think that the lower priced properties in Scripps Ranch will become more popular than the more expensive ones and thus lose less value since they are more “affordable”? It just seems to me that Miro is more attractive than some of the surrounding neighborhoods.

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

There is currently not much inventory at Miro. Does anybody know how many units are currently “under water” and what the pricing trend is? I’m interested in buying a condo there as I like the location.

[sunny88]

There is currently not much inventory at Miro. Does anybody know how many units are currently “under water” and what the pricing trend is? I’m interested in buying a condo there as I like the location.

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