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temeculaguy
ParticipantSD, I couldn’t agree with you more, this is pivot point but the next thirty days the media will come out with some good numbers because the numbers are always behind a month, this time last year things started to change and R/E threw in the towel about August, it will be interesting to see what happens.
temeculaguy
ParticipantSD, I couldn’t agree with you more, this is pivot point but the next thirty days the media will come out with some good numbers because the numbers are always behind a month, this time last year things started to change and R/E threw in the towel about August, it will be interesting to see what happens.
temeculaguy
ParticipantSD, I couldn’t agree with you more, this is pivot point but the next thirty days the media will come out with some good numbers because the numbers are always behind a month, this time last year things started to change and R/E threw in the towel about August, it will be interesting to see what happens.
temeculaguy
ParticipantDharma, it all depends on who your neighbor is, it may be a good thing. Snail, you are right, it is in the Redhawk HOA and it’s specific subdivision is called Chelsea estates. I think that picture may be a bit of an illusion, in person they don’t seem that close but I haven’t scoped out that exact one so it may be. With that price I figure it’s already got offers on it, it is 50-100k below anything else in the tract, when they cut the comps by 25% in a day, they go quick. The neat thing is that lately, when you see an insanely low price and it sells, a few months later there are more at that price because the banks use it as a comp so it’s a good thing all the way around even if you don’t like that exact one.
temeculaguy
ParticipantDharma, it all depends on who your neighbor is, it may be a good thing. Snail, you are right, it is in the Redhawk HOA and it’s specific subdivision is called Chelsea estates. I think that picture may be a bit of an illusion, in person they don’t seem that close but I haven’t scoped out that exact one so it may be. With that price I figure it’s already got offers on it, it is 50-100k below anything else in the tract, when they cut the comps by 25% in a day, they go quick. The neat thing is that lately, when you see an insanely low price and it sells, a few months later there are more at that price because the banks use it as a comp so it’s a good thing all the way around even if you don’t like that exact one.
temeculaguy
ParticipantDharma, it all depends on who your neighbor is, it may be a good thing. Snail, you are right, it is in the Redhawk HOA and it’s specific subdivision is called Chelsea estates. I think that picture may be a bit of an illusion, in person they don’t seem that close but I haven’t scoped out that exact one so it may be. With that price I figure it’s already got offers on it, it is 50-100k below anything else in the tract, when they cut the comps by 25% in a day, they go quick. The neat thing is that lately, when you see an insanely low price and it sells, a few months later there are more at that price because the banks use it as a comp so it’s a good thing all the way around even if you don’t like that exact one.
temeculaguy
ParticipantDharma, it all depends on who your neighbor is, it may be a good thing. Snail, you are right, it is in the Redhawk HOA and it’s specific subdivision is called Chelsea estates. I think that picture may be a bit of an illusion, in person they don’t seem that close but I haven’t scoped out that exact one so it may be. With that price I figure it’s already got offers on it, it is 50-100k below anything else in the tract, when they cut the comps by 25% in a day, they go quick. The neat thing is that lately, when you see an insanely low price and it sells, a few months later there are more at that price because the banks use it as a comp so it’s a good thing all the way around even if you don’t like that exact one.
temeculaguy
ParticipantDharma, it all depends on who your neighbor is, it may be a good thing. Snail, you are right, it is in the Redhawk HOA and it’s specific subdivision is called Chelsea estates. I think that picture may be a bit of an illusion, in person they don’t seem that close but I haven’t scoped out that exact one so it may be. With that price I figure it’s already got offers on it, it is 50-100k below anything else in the tract, when they cut the comps by 25% in a day, they go quick. The neat thing is that lately, when you see an insanely low price and it sells, a few months later there are more at that price because the banks use it as a comp so it’s a good thing all the way around even if you don’t like that exact one.
temeculaguy
ParticipantI leared a lot here on this site but I found out by looking at foreclosure dot com about one a week, even you don’t join they list the name of the owner and the street name on the preforeclosures but not the street numbers, unless your landlord owns more than one house on the street you can figure it out. I actually knew before, they had to tell me because they wanted to list it as a short sale and having the place shown to buyers is not required so they usually have to make some concession or reduce the rent, some renters stop paying when they find out, that is a personal decision. On the advice of some people on this site, I just told them that I would use the deposit and some repairs that they didn’t pay for as rent time, figured out when my money already given to them ran out and told them I would be leaving on that day, they broke the lease by needing to show it and by not paying the mortgage. We negotiated an additional month beyond that at a discount, the discount covered my moving expenses and utility switch so it was a wash. I could have stayed another two months because it took that long to foreclose but didn’t want to move on short notice so I was gone before there were any knocks on the door. Rents went down a tad at the time so I ended up in a nicer place for the same money. I was tempted to just buy ahead of my own schedule but I didn’t because of the people on this site and just dealt with the move which wasn’t that bad. I’m glad I waited, in just the six months since deciding, priced have declined 50-100k accross the board, so if you look at it that way, you are making 10k a month at least in falling prices, it takes the sting out of the move.
I’ve never heard of any contractual item from a landlord but in todays market it would be a good marketing strategy for them to offer it.
temeculaguy
ParticipantI leared a lot here on this site but I found out by looking at foreclosure dot com about one a week, even you don’t join they list the name of the owner and the street name on the preforeclosures but not the street numbers, unless your landlord owns more than one house on the street you can figure it out. I actually knew before, they had to tell me because they wanted to list it as a short sale and having the place shown to buyers is not required so they usually have to make some concession or reduce the rent, some renters stop paying when they find out, that is a personal decision. On the advice of some people on this site, I just told them that I would use the deposit and some repairs that they didn’t pay for as rent time, figured out when my money already given to them ran out and told them I would be leaving on that day, they broke the lease by needing to show it and by not paying the mortgage. We negotiated an additional month beyond that at a discount, the discount covered my moving expenses and utility switch so it was a wash. I could have stayed another two months because it took that long to foreclose but didn’t want to move on short notice so I was gone before there were any knocks on the door. Rents went down a tad at the time so I ended up in a nicer place for the same money. I was tempted to just buy ahead of my own schedule but I didn’t because of the people on this site and just dealt with the move which wasn’t that bad. I’m glad I waited, in just the six months since deciding, priced have declined 50-100k accross the board, so if you look at it that way, you are making 10k a month at least in falling prices, it takes the sting out of the move.
I’ve never heard of any contractual item from a landlord but in todays market it would be a good marketing strategy for them to offer it.
temeculaguy
ParticipantI leared a lot here on this site but I found out by looking at foreclosure dot com about one a week, even you don’t join they list the name of the owner and the street name on the preforeclosures but not the street numbers, unless your landlord owns more than one house on the street you can figure it out. I actually knew before, they had to tell me because they wanted to list it as a short sale and having the place shown to buyers is not required so they usually have to make some concession or reduce the rent, some renters stop paying when they find out, that is a personal decision. On the advice of some people on this site, I just told them that I would use the deposit and some repairs that they didn’t pay for as rent time, figured out when my money already given to them ran out and told them I would be leaving on that day, they broke the lease by needing to show it and by not paying the mortgage. We negotiated an additional month beyond that at a discount, the discount covered my moving expenses and utility switch so it was a wash. I could have stayed another two months because it took that long to foreclose but didn’t want to move on short notice so I was gone before there were any knocks on the door. Rents went down a tad at the time so I ended up in a nicer place for the same money. I was tempted to just buy ahead of my own schedule but I didn’t because of the people on this site and just dealt with the move which wasn’t that bad. I’m glad I waited, in just the six months since deciding, priced have declined 50-100k accross the board, so if you look at it that way, you are making 10k a month at least in falling prices, it takes the sting out of the move.
I’ve never heard of any contractual item from a landlord but in todays market it would be a good marketing strategy for them to offer it.
temeculaguy
ParticipantI leared a lot here on this site but I found out by looking at foreclosure dot com about one a week, even you don’t join they list the name of the owner and the street name on the preforeclosures but not the street numbers, unless your landlord owns more than one house on the street you can figure it out. I actually knew before, they had to tell me because they wanted to list it as a short sale and having the place shown to buyers is not required so they usually have to make some concession or reduce the rent, some renters stop paying when they find out, that is a personal decision. On the advice of some people on this site, I just told them that I would use the deposit and some repairs that they didn’t pay for as rent time, figured out when my money already given to them ran out and told them I would be leaving on that day, they broke the lease by needing to show it and by not paying the mortgage. We negotiated an additional month beyond that at a discount, the discount covered my moving expenses and utility switch so it was a wash. I could have stayed another two months because it took that long to foreclose but didn’t want to move on short notice so I was gone before there were any knocks on the door. Rents went down a tad at the time so I ended up in a nicer place for the same money. I was tempted to just buy ahead of my own schedule but I didn’t because of the people on this site and just dealt with the move which wasn’t that bad. I’m glad I waited, in just the six months since deciding, priced have declined 50-100k accross the board, so if you look at it that way, you are making 10k a month at least in falling prices, it takes the sting out of the move.
I’ve never heard of any contractual item from a landlord but in todays market it would be a good marketing strategy for them to offer it.
temeculaguy
ParticipantI leared a lot here on this site but I found out by looking at foreclosure dot com about one a week, even you don’t join they list the name of the owner and the street name on the preforeclosures but not the street numbers, unless your landlord owns more than one house on the street you can figure it out. I actually knew before, they had to tell me because they wanted to list it as a short sale and having the place shown to buyers is not required so they usually have to make some concession or reduce the rent, some renters stop paying when they find out, that is a personal decision. On the advice of some people on this site, I just told them that I would use the deposit and some repairs that they didn’t pay for as rent time, figured out when my money already given to them ran out and told them I would be leaving on that day, they broke the lease by needing to show it and by not paying the mortgage. We negotiated an additional month beyond that at a discount, the discount covered my moving expenses and utility switch so it was a wash. I could have stayed another two months because it took that long to foreclose but didn’t want to move on short notice so I was gone before there were any knocks on the door. Rents went down a tad at the time so I ended up in a nicer place for the same money. I was tempted to just buy ahead of my own schedule but I didn’t because of the people on this site and just dealt with the move which wasn’t that bad. I’m glad I waited, in just the six months since deciding, priced have declined 50-100k accross the board, so if you look at it that way, you are making 10k a month at least in falling prices, it takes the sting out of the move.
I’ve never heard of any contractual item from a landlord but in todays market it would be a good marketing strategy for them to offer it.
temeculaguy
Participantgreat post bear, I was hoping you would come in and pinch hit!! My theory on acreage is similar to my theory on boats, have friends with them, be a good guest and avoid all the work. So when people ask about de luz or la cresta, etc., since my only exposure is drinking at a party, all I can say is “nice houses” that’s about it.
Bear is right, the road plans are real but they hem and haw over the specifics and haven’t really done much lately. The east end of deer hollow is going to be an engineering feat when they try to connect it, I’ve stood at the dead end of that 4 laner and it just drops into oblivian a few hundred feet. They wont be able to grade and pave, sometimes I wonder if they made a mistake and gave up. All the money they are putting into the 79 interchange and pechanga parkway, I wonder if they are really going to put in the butterfield bypass for a decade or two, the pechaga parkway expansion finally started and with the construction slowdown the bids were all well below what they budgeted so maybe we will see some movement on the anza rd plans now that it is cheaper.
Bear, your predictions are an track for the specific price points in specific neighborhoods.
Temeku, don’t lose too much sleep, Morgan will always be a nice place to live. I’ve seen the plans for the eastern bypass that was supposed to run from the 15 to Pechanga and up through Morgan on Butterfield and then Butterfield could take you all the way to winchester road, bypassing temecula entirely, so someone going to hemet or the wine country would never enter the city. The snag to that is the financial interests and sales taxes, allowing tourists to bypass the gas, retail and food on 79s and rancho cal isn’t in the city’s best interest and the chamber and others will be quietly against it. It makes sense but planners get nudges and sections don’t get finished in municipalities somehow when they will hurt revenue. It may go through but it wont be the path of least resistance so you wont end up living next to the autobahn. Ever notice how the only viable ways to travel North/South (Ynez or Margarita), both somehow twist and turn so you end up driving right by the Mall. That stuff is on purpose.
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