[temeculaguy]

This link may not last because the listing expired and repo’d but this has more pictures and info of the same unit from above, they tried to sell for 289k and failed, now the bank is going for 221k but they paid 349k in 2005 and it’s original 2002 price was 190k.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1210172

[temeculaguy]

This link may not last because the listing expired and repo’d but this has more pictures and info of the same unit from above, they tried to sell for 289k and failed, now the bank is going for 221k but they paid 349k in 2005 and it’s original 2002 price was 190k.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1210172

[temeculaguy]

This link may not last because the listing expired and repo’d but this has more pictures and info of the same unit from above, they tried to sell for 289k and failed, now the bank is going for 221k but they paid 349k in 2005 and it’s original 2002 price was 190k.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1210172

[temeculaguy]

This link may not last because the listing expired and repo’d but this has more pictures and info of the same unit from above, they tried to sell for 289k and failed, now the bank is going for 221k but they paid 349k in 2005 and it’s original 2002 price was 190k.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1210172

[temeculaguy]

I may have spoken too soon, new listing today, bank repo for a plan C listed at 221K, It does say 2 bedroom, I thought all the plan C’s were 3 bedrooms so there must be a den or something. The 2003 price was 250K so we are sub 2003 and approaching it’s original 2002 price which was probably close to 200k

http://www.redfin.com/stingray/do/printable-listing?listing-id=1262578

It is starting to look inviting based on the rent multiplier, They will probably take 200k and in 6 months if it hits 150k the rent multiplier would be 100x. That is the absolute floor IMHO, so today’s buyer of this at 200k is fairly safe, I don’t see this one lasting very long, it is truly 20-30% below the other that are languishing.

[temeculaguy]

I may have spoken too soon, new listing today, bank repo for a plan C listed at 221K, It does say 2 bedroom, I thought all the plan C’s were 3 bedrooms so there must be a den or something. The 2003 price was 250K so we are sub 2003 and approaching it’s original 2002 price which was probably close to 200k

http://www.redfin.com/stingray/do/printable-listing?listing-id=1262578

It is starting to look inviting based on the rent multiplier, They will probably take 200k and in 6 months if it hits 150k the rent multiplier would be 100x. That is the absolute floor IMHO, so today’s buyer of this at 200k is fairly safe, I don’t see this one lasting very long, it is truly 20-30% below the other that are languishing.

[temeculaguy]

I may have spoken too soon, new listing today, bank repo for a plan C listed at 221K, It does say 2 bedroom, I thought all the plan C’s were 3 bedrooms so there must be a den or something. The 2003 price was 250K so we are sub 2003 and approaching it’s original 2002 price which was probably close to 200k

http://www.redfin.com/stingray/do/printable-listing?listing-id=1262578

It is starting to look inviting based on the rent multiplier, They will probably take 200k and in 6 months if it hits 150k the rent multiplier would be 100x. That is the absolute floor IMHO, so today’s buyer of this at 200k is fairly safe, I don’t see this one lasting very long, it is truly 20-30% below the other that are languishing.

[temeculaguy]

I may have spoken too soon, new listing today, bank repo for a plan C listed at 221K, It does say 2 bedroom, I thought all the plan C’s were 3 bedrooms so there must be a den or something. The 2003 price was 250K so we are sub 2003 and approaching it’s original 2002 price which was probably close to 200k

http://www.redfin.com/stingray/do/printable-listing?listing-id=1262578

It is starting to look inviting based on the rent multiplier, They will probably take 200k and in 6 months if it hits 150k the rent multiplier would be 100x. That is the absolute floor IMHO, so today’s buyer of this at 200k is fairly safe, I don’t see this one lasting very long, it is truly 20-30% below the other that are languishing.

[temeculaguy]

5yes, thanks for the props, been away for a while and trying to catch up. Arches, you are right about the tax difference between Morgan and Redhawk and the Redhawk HOA is $20 a month but the housing was primarily built pre-bubble so you may find more foreclosures in Morgan and Redhawk lacks a community pool while Morgan’s is resort like. Morgan is also not in the city and does not have paramedic service, it only matters if you have a heart attack or some other medical calamity but if you do, paramedics are better than EMT’s when you need it. Hopefully Morgan will be annexxed at some point. They are both in the top tier of communities so it’s a coin flip based on what you are looking for but you can’t go wrong with either one.

I’ve grown weary of defending the area to those who have a macro view of the region so I will sit that one out for now, but if you are seriously considering the area, the higher elevation is better. The better tracts are seeing repos in the 400’s for 3000 sq ft and they have been consistently dropping, Rancho Madera, the Fairways, Eagle point, Augusta, Rancho Serrano and many others on the southern part of the loop is the best part of Redhawk, so hang in there a little longer while you familiarize yourself with the area.

[temeculaguy]

5yes, thanks for the props, been away for a while and trying to catch up. Arches, you are right about the tax difference between Morgan and Redhawk and the Redhawk HOA is $20 a month but the housing was primarily built pre-bubble so you may find more foreclosures in Morgan and Redhawk lacks a community pool while Morgan’s is resort like. Morgan is also not in the city and does not have paramedic service, it only matters if you have a heart attack or some other medical calamity but if you do, paramedics are better than EMT’s when you need it. Hopefully Morgan will be annexxed at some point. They are both in the top tier of communities so it’s a coin flip based on what you are looking for but you can’t go wrong with either one.

I’ve grown weary of defending the area to those who have a macro view of the region so I will sit that one out for now, but if you are seriously considering the area, the higher elevation is better. The better tracts are seeing repos in the 400’s for 3000 sq ft and they have been consistently dropping, Rancho Madera, the Fairways, Eagle point, Augusta, Rancho Serrano and many others on the southern part of the loop is the best part of Redhawk, so hang in there a little longer while you familiarize yourself with the area.

[temeculaguy]

5yes, thanks for the props, been away for a while and trying to catch up. Arches, you are right about the tax difference between Morgan and Redhawk and the Redhawk HOA is $20 a month but the housing was primarily built pre-bubble so you may find more foreclosures in Morgan and Redhawk lacks a community pool while Morgan’s is resort like. Morgan is also not in the city and does not have paramedic service, it only matters if you have a heart attack or some other medical calamity but if you do, paramedics are better than EMT’s when you need it. Hopefully Morgan will be annexxed at some point. They are both in the top tier of communities so it’s a coin flip based on what you are looking for but you can’t go wrong with either one.

I’ve grown weary of defending the area to those who have a macro view of the region so I will sit that one out for now, but if you are seriously considering the area, the higher elevation is better. The better tracts are seeing repos in the 400’s for 3000 sq ft and they have been consistently dropping, Rancho Madera, the Fairways, Eagle point, Augusta, Rancho Serrano and many others on the southern part of the loop is the best part of Redhawk, so hang in there a little longer while you familiarize yourself with the area.

[temeculaguy]

5yes, thanks for the props, been away for a while and trying to catch up. Arches, you are right about the tax difference between Morgan and Redhawk and the Redhawk HOA is $20 a month but the housing was primarily built pre-bubble so you may find more foreclosures in Morgan and Redhawk lacks a community pool while Morgan’s is resort like. Morgan is also not in the city and does not have paramedic service, it only matters if you have a heart attack or some other medical calamity but if you do, paramedics are better than EMT’s when you need it. Hopefully Morgan will be annexxed at some point. They are both in the top tier of communities so it’s a coin flip based on what you are looking for but you can’t go wrong with either one.

I’ve grown weary of defending the area to those who have a macro view of the region so I will sit that one out for now, but if you are seriously considering the area, the higher elevation is better. The better tracts are seeing repos in the 400’s for 3000 sq ft and they have been consistently dropping, Rancho Madera, the Fairways, Eagle point, Augusta, Rancho Serrano and many others on the southern part of the loop is the best part of Redhawk, so hang in there a little longer while you familiarize yourself with the area.

[temeculaguy]

Harry’s is a good pick ( great food, babefest in the bar, love it), the restaraunt at South Coast Winery and the one at Ponte are my favs amongst the grapes, La Cocina on 79S, Gourmet Italia (2 locations), Iron Wok, Tamarindo grill, it all depends on what you are in the mood for and what you want to spend.

[temeculaguy]

Harry’s is a good pick ( great food, babefest in the bar, love it), the restaraunt at South Coast Winery and the one at Ponte are my favs amongst the grapes, La Cocina on 79S, Gourmet Italia (2 locations), Iron Wok, Tamarindo grill, it all depends on what you are in the mood for and what you want to spend.

[temeculaguy]

Harry’s is a good pick ( great food, babefest in the bar, love it), the restaraunt at South Coast Winery and the one at Ponte are my favs amongst the grapes, La Cocina on 79S, Gourmet Italia (2 locations), Iron Wok, Tamarindo grill, it all depends on what you are in the mood for and what you want to spend.

[Author]

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