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October 7, 2008 at 2:44 PM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #282982October 7, 2008 at 2:44 PM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #283009
temeculaguy
Participanttle, if you can get in the 2’s or even low 3’s out there, just do it, the million plus stuff has been taking a beating but horse property is very unique, I have so little experience I can barely give advice other than getting land for tract prices, that is a go in my book.
Patent-Redhawk in general is open to the public as is the golf course, there are a few gated tracts within redhawk but most is open. I have to say, with what you are looking for, bear creek might be a beeter choice, or even canyon lake. Maybe just go to San Diego itself, say carlsbad or something. 400k for 1200-1500 sq ft. is not why you come to temecula, I honestly cant think of anything that fits that bill. Smaller places are often not as nice and old bones usually means large lot out here. This is my favorite weekender house in redhawk http://www.redfin.com/CA/Temecula/45443-Callesito-Altar-92592/home/6253916 and you can walk to the bar.
For a low maintenance, smaller, weekend place, I reccomend this tract of triplexes.
http://www.redfin.com/CA/Temecula/33599-Winston-Way-92592/unit-B/home/12509159
but not that unit, get one that overlooks the creek, all you can hear is frogs, and get one with a driveway, most have a two car driveway and a 2 car garage, the one I linked doesn’t have a driveway. They have a high hoa but a low tax rate so it balances out, they take care of the yardwork and it is within redhawk, will only set you back 200k and will rent easily for 1500 if you go that route ever. Most occupants are 40-60 but there are no rules about age, it just doesn’t appeal to the monster truck crowd. It is also gated.
This one went pending for 177k, but not the best location within the complex.
http://www.redfin.com/CA/Temecula/41260-Ashton-Cir-92592/unit-B/home/12264528
If you really want to spend 400k cash, buy 2 and rent one out.
October 7, 2008 at 2:44 PM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #283024temeculaguy
Participanttle, if you can get in the 2’s or even low 3’s out there, just do it, the million plus stuff has been taking a beating but horse property is very unique, I have so little experience I can barely give advice other than getting land for tract prices, that is a go in my book.
Patent-Redhawk in general is open to the public as is the golf course, there are a few gated tracts within redhawk but most is open. I have to say, with what you are looking for, bear creek might be a beeter choice, or even canyon lake. Maybe just go to San Diego itself, say carlsbad or something. 400k for 1200-1500 sq ft. is not why you come to temecula, I honestly cant think of anything that fits that bill. Smaller places are often not as nice and old bones usually means large lot out here. This is my favorite weekender house in redhawk http://www.redfin.com/CA/Temecula/45443-Callesito-Altar-92592/home/6253916 and you can walk to the bar.
For a low maintenance, smaller, weekend place, I reccomend this tract of triplexes.
http://www.redfin.com/CA/Temecula/33599-Winston-Way-92592/unit-B/home/12509159
but not that unit, get one that overlooks the creek, all you can hear is frogs, and get one with a driveway, most have a two car driveway and a 2 car garage, the one I linked doesn’t have a driveway. They have a high hoa but a low tax rate so it balances out, they take care of the yardwork and it is within redhawk, will only set you back 200k and will rent easily for 1500 if you go that route ever. Most occupants are 40-60 but there are no rules about age, it just doesn’t appeal to the monster truck crowd. It is also gated.
This one went pending for 177k, but not the best location within the complex.
http://www.redfin.com/CA/Temecula/41260-Ashton-Cir-92592/unit-B/home/12264528
If you really want to spend 400k cash, buy 2 and rent one out.
October 7, 2008 at 2:44 PM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #283036temeculaguy
Participanttle, if you can get in the 2’s or even low 3’s out there, just do it, the million plus stuff has been taking a beating but horse property is very unique, I have so little experience I can barely give advice other than getting land for tract prices, that is a go in my book.
Patent-Redhawk in general is open to the public as is the golf course, there are a few gated tracts within redhawk but most is open. I have to say, with what you are looking for, bear creek might be a beeter choice, or even canyon lake. Maybe just go to San Diego itself, say carlsbad or something. 400k for 1200-1500 sq ft. is not why you come to temecula, I honestly cant think of anything that fits that bill. Smaller places are often not as nice and old bones usually means large lot out here. This is my favorite weekender house in redhawk http://www.redfin.com/CA/Temecula/45443-Callesito-Altar-92592/home/6253916 and you can walk to the bar.
For a low maintenance, smaller, weekend place, I reccomend this tract of triplexes.
http://www.redfin.com/CA/Temecula/33599-Winston-Way-92592/unit-B/home/12509159
but not that unit, get one that overlooks the creek, all you can hear is frogs, and get one with a driveway, most have a two car driveway and a 2 car garage, the one I linked doesn’t have a driveway. They have a high hoa but a low tax rate so it balances out, they take care of the yardwork and it is within redhawk, will only set you back 200k and will rent easily for 1500 if you go that route ever. Most occupants are 40-60 but there are no rules about age, it just doesn’t appeal to the monster truck crowd. It is also gated.
This one went pending for 177k, but not the best location within the complex.
http://www.redfin.com/CA/Temecula/41260-Ashton-Cir-92592/unit-B/home/12264528
If you really want to spend 400k cash, buy 2 and rent one out.
temeculaguy
ParticipantIf you watch the video, it wasn’t a brand new computer or a big flat screen, both would cost more to move and store than they were worth. There was a close up of the computer, it was a PACKARD BELL, probably circa 1992, perhaps a nice 486dx2, that thing was a doorstop ten years ago. The t.v. was a rear projection, you can get those near free on craigs list. More than likely the stuff they leave is the stuff that wouldn’t sell on craigs or at a garage sale and they were going to throw it out anyway. That furniture was so crappy one kick and it was in a dozen pieces. When the trash guys don’t want it, it’s doubtful it has much value.
temeculaguy
ParticipantIf you watch the video, it wasn’t a brand new computer or a big flat screen, both would cost more to move and store than they were worth. There was a close up of the computer, it was a PACKARD BELL, probably circa 1992, perhaps a nice 486dx2, that thing was a doorstop ten years ago. The t.v. was a rear projection, you can get those near free on craigs list. More than likely the stuff they leave is the stuff that wouldn’t sell on craigs or at a garage sale and they were going to throw it out anyway. That furniture was so crappy one kick and it was in a dozen pieces. When the trash guys don’t want it, it’s doubtful it has much value.
temeculaguy
ParticipantIf you watch the video, it wasn’t a brand new computer or a big flat screen, both would cost more to move and store than they were worth. There was a close up of the computer, it was a PACKARD BELL, probably circa 1992, perhaps a nice 486dx2, that thing was a doorstop ten years ago. The t.v. was a rear projection, you can get those near free on craigs list. More than likely the stuff they leave is the stuff that wouldn’t sell on craigs or at a garage sale and they were going to throw it out anyway. That furniture was so crappy one kick and it was in a dozen pieces. When the trash guys don’t want it, it’s doubtful it has much value.
temeculaguy
ParticipantIf you watch the video, it wasn’t a brand new computer or a big flat screen, both would cost more to move and store than they were worth. There was a close up of the computer, it was a PACKARD BELL, probably circa 1992, perhaps a nice 486dx2, that thing was a doorstop ten years ago. The t.v. was a rear projection, you can get those near free on craigs list. More than likely the stuff they leave is the stuff that wouldn’t sell on craigs or at a garage sale and they were going to throw it out anyway. That furniture was so crappy one kick and it was in a dozen pieces. When the trash guys don’t want it, it’s doubtful it has much value.
temeculaguy
ParticipantIf you watch the video, it wasn’t a brand new computer or a big flat screen, both would cost more to move and store than they were worth. There was a close up of the computer, it was a PACKARD BELL, probably circa 1992, perhaps a nice 486dx2, that thing was a doorstop ten years ago. The t.v. was a rear projection, you can get those near free on craigs list. More than likely the stuff they leave is the stuff that wouldn’t sell on craigs or at a garage sale and they were going to throw it out anyway. That furniture was so crappy one kick and it was in a dozen pieces. When the trash guys don’t want it, it’s doubtful it has much value.
temeculaguy
ParticipantI doubt the public will tolerate another one. They would have been wiser to keep doing the little ones they had been doing. Now that J6pack is aware of it, they wont be able to pull it off if this one fails to work, which it will. It wasn’t even 3 hours before every article on CNBC switched from “we need this to save everyone” to “this is just a start, we want more.” Buffet and many other offered their opinion before the vote on how it was needed and just after they all said it wont do the trick. People I know that don’t follow or understand macroeconomics or polotics were enraged today about the pork and the media saying that it isn’t enough. I saw people that didn’t even know who their congressional representative was until today, start memorizing names of who voted for it.
On a side note, the blue dog democrats are the only ones who will come out of this smelling like a rose, there is a real possibility of creating a 3rd party over the next few years since they have gotten so much attention over this.
temeculaguy
ParticipantI doubt the public will tolerate another one. They would have been wiser to keep doing the little ones they had been doing. Now that J6pack is aware of it, they wont be able to pull it off if this one fails to work, which it will. It wasn’t even 3 hours before every article on CNBC switched from “we need this to save everyone” to “this is just a start, we want more.” Buffet and many other offered their opinion before the vote on how it was needed and just after they all said it wont do the trick. People I know that don’t follow or understand macroeconomics or polotics were enraged today about the pork and the media saying that it isn’t enough. I saw people that didn’t even know who their congressional representative was until today, start memorizing names of who voted for it.
On a side note, the blue dog democrats are the only ones who will come out of this smelling like a rose, there is a real possibility of creating a 3rd party over the next few years since they have gotten so much attention over this.
temeculaguy
ParticipantI doubt the public will tolerate another one. They would have been wiser to keep doing the little ones they had been doing. Now that J6pack is aware of it, they wont be able to pull it off if this one fails to work, which it will. It wasn’t even 3 hours before every article on CNBC switched from “we need this to save everyone” to “this is just a start, we want more.” Buffet and many other offered their opinion before the vote on how it was needed and just after they all said it wont do the trick. People I know that don’t follow or understand macroeconomics or polotics were enraged today about the pork and the media saying that it isn’t enough. I saw people that didn’t even know who their congressional representative was until today, start memorizing names of who voted for it.
On a side note, the blue dog democrats are the only ones who will come out of this smelling like a rose, there is a real possibility of creating a 3rd party over the next few years since they have gotten so much attention over this.
temeculaguy
ParticipantI doubt the public will tolerate another one. They would have been wiser to keep doing the little ones they had been doing. Now that J6pack is aware of it, they wont be able to pull it off if this one fails to work, which it will. It wasn’t even 3 hours before every article on CNBC switched from “we need this to save everyone” to “this is just a start, we want more.” Buffet and many other offered their opinion before the vote on how it was needed and just after they all said it wont do the trick. People I know that don’t follow or understand macroeconomics or polotics were enraged today about the pork and the media saying that it isn’t enough. I saw people that didn’t even know who their congressional representative was until today, start memorizing names of who voted for it.
On a side note, the blue dog democrats are the only ones who will come out of this smelling like a rose, there is a real possibility of creating a 3rd party over the next few years since they have gotten so much attention over this.
temeculaguy
ParticipantI doubt the public will tolerate another one. They would have been wiser to keep doing the little ones they had been doing. Now that J6pack is aware of it, they wont be able to pull it off if this one fails to work, which it will. It wasn’t even 3 hours before every article on CNBC switched from “we need this to save everyone” to “this is just a start, we want more.” Buffet and many other offered their opinion before the vote on how it was needed and just after they all said it wont do the trick. People I know that don’t follow or understand macroeconomics or polotics were enraged today about the pork and the media saying that it isn’t enough. I saw people that didn’t even know who their congressional representative was until today, start memorizing names of who voted for it.
On a side note, the blue dog democrats are the only ones who will come out of this smelling like a rose, there is a real possibility of creating a 3rd party over the next few years since they have gotten so much attention over this.
October 3, 2008 at 11:17 PM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #280647temeculaguy
ParticipantBear, I thought I’d bring you out of hibernation with this thread. I was kinda bummed after two cosecutive deals fell through in the last two weeks. I am dreading the interest rate hike and possible r/e bounce or lack of foreclosures from the bailout but now that it has happened, the stock market tanked and wall street has switched from “please save us” to “that is a nice start, give us more.” I am sure the market can’t be saved. You know as well as anyone that I don’t need to be talked into the long term benefits of the area, just thought I’d cash out since I met my goals, but I’ve reset my goals once again.
BTW, the KHOV morgan tract is going well below 450k. This one just listed for 319K, down from 810k and now $86 a square http://www.redfin.com/CA/Temecula/33965-Milat-92592/home/12508924
One of the nicest old school redhawk tracts, the jm peters rancho serrano, walking distance to the bar at redhawk, is reguarlary at 300k and just under $100 a square. http://www.redfin.com/CA/Temecula/45344-Camino-Monzon-92592/home/6253706
also happens to be one of two that got away from this week.
I don’t like vintage hills all that much but it is nice, this one popped up at $78 a square with a 4 car garage. http://www.redfin.com/CA/Temecula/41799-Camino-De-La-Torre-92592/home/6229791
your predictions are not that far off, but my e-mail of new listing from redfin today was almost exclusively in the 200’s.
While I didn’t get to play Pechanga’s course, my buddies went a few weeks back and loved it as well.
I haven’t formed an opinion just yet what the tent folding will do to the prices, less inventory is not always good. I’m convinced that I really need S.D. to begin it’s collapse to keep people from migrating since the gap has been widening, there are still 8-10 buyers on the day a place is listed when it is a premium place and priced right. In both the deals I lost (actually bowed out at certain points in the bidding war), my competition was not people facing foreclosure looking to downsize and let their previous place go, no were they zero down or investors. They were all over 20% down fence sitters from out of town, with income and solid credit, so there was no chance of them not qualifying. I theorized that there can’t be that many of them but other areas are not falling at the same pace so they keep showing up an peeing on my parade. I hope you are right about the $50 to $75 a square but I’m cool with $75-$90, the builders can’t build at those prices so we may see a contraction in inventory, which has not increased much in the last 12 months.
While I’m writing a novel, did you see “generation Kill” on HBO? It was made by the same crew that made “The Wire” and while I’m only on the third episode, it’s good stuff and fills the void the wire left in my life.
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