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TemekuT
ParticipantThe Arietta house was purchased 03/20/05 for $1,069,000. Refied out to $1,170,000 the next year. NOD posted 05/08/08, past due $18,151. I didn’t check into the Riverside Co. Tax Collector site, but I bet there’s a fair amount of unpaid taxes. The owner is an agent. He’s been trying to sell this house for a year at least. The last comp on Arietta was the REO Hendrix Montescastro villa, which finally sold at $810,000 a few months ago. The active listing is much nicer than the Montecastro home.
Frogs Leap and Arietta is a lovely neighborhood. The houses are huge single level at 5000 sq. ft. average.
TemekuT
ParticipantThe Arietta house was purchased 03/20/05 for $1,069,000. Refied out to $1,170,000 the next year. NOD posted 05/08/08, past due $18,151. I didn’t check into the Riverside Co. Tax Collector site, but I bet there’s a fair amount of unpaid taxes. The owner is an agent. He’s been trying to sell this house for a year at least. The last comp on Arietta was the REO Hendrix Montescastro villa, which finally sold at $810,000 a few months ago. The active listing is much nicer than the Montecastro home.
Frogs Leap and Arietta is a lovely neighborhood. The houses are huge single level at 5000 sq. ft. average.
TemekuT
ParticipantThe Arietta house was purchased 03/20/05 for $1,069,000. Refied out to $1,170,000 the next year. NOD posted 05/08/08, past due $18,151. I didn’t check into the Riverside Co. Tax Collector site, but I bet there’s a fair amount of unpaid taxes. The owner is an agent. He’s been trying to sell this house for a year at least. The last comp on Arietta was the REO Hendrix Montescastro villa, which finally sold at $810,000 a few months ago. The active listing is much nicer than the Montecastro home.
Frogs Leap and Arietta is a lovely neighborhood. The houses are huge single level at 5000 sq. ft. average.
TemekuT
ParticipantThe Arietta house was purchased 03/20/05 for $1,069,000. Refied out to $1,170,000 the next year. NOD posted 05/08/08, past due $18,151. I didn’t check into the Riverside Co. Tax Collector site, but I bet there’s a fair amount of unpaid taxes. The owner is an agent. He’s been trying to sell this house for a year at least. The last comp on Arietta was the REO Hendrix Montescastro villa, which finally sold at $810,000 a few months ago. The active listing is much nicer than the Montecastro home.
Frogs Leap and Arietta is a lovely neighborhood. The houses are huge single level at 5000 sq. ft. average.
TemekuT
ParticipantI did break out whether it’s the valley or the hills, you just can’t see that because I can’t get the spreadsheet to show. I still need to know how to get the Excel format into the post here!
I know the Ventana homes don’t fit into the hills. They should be grouped into the valley. I left them in the hills because that’s technically where they are.
A fact here – we were the first to reserve Ventana lot XX, Phase 2 on Frogs Leap. I couldn’t get my husband to accept the housing bubble and he persuaded (pleaded, begged?) me to sign the contract and plop down a $50,000 deposit. I finally stood my ground and got us out of the Ventana contract, with complete deposit return. That house now has an NOD and it was 100% financing, so you can expect another REO in Ventana. BTW, there are a couple of others over there that are close to NOT status. I’m always scouring the MLS for NOD’s here in Morgan Hill. The Frogs Leap link you provided is not NOD (yet) but the sellers (they are agents also) think it’s 2005 and they should get the purchase price plus upgrade $ out. That house is beautiful though.
Another fact – I didn’t want to buy in 2005 at all, not here in Morgan Hill and not anywhere, but we did and here we are. Oh well, you compromise in marriage and finally, my DH accepted the bubble in late 2005 when I started peppering him with blog postings and a Morgan spreadsheet that showed the amount owed and the asking price. I think it was the columns “short sale?” and “100% financing” that finally got his attention.
TemekuT
ParticipantI did break out whether it’s the valley or the hills, you just can’t see that because I can’t get the spreadsheet to show. I still need to know how to get the Excel format into the post here!
I know the Ventana homes don’t fit into the hills. They should be grouped into the valley. I left them in the hills because that’s technically where they are.
A fact here – we were the first to reserve Ventana lot XX, Phase 2 on Frogs Leap. I couldn’t get my husband to accept the housing bubble and he persuaded (pleaded, begged?) me to sign the contract and plop down a $50,000 deposit. I finally stood my ground and got us out of the Ventana contract, with complete deposit return. That house now has an NOD and it was 100% financing, so you can expect another REO in Ventana. BTW, there are a couple of others over there that are close to NOT status. I’m always scouring the MLS for NOD’s here in Morgan Hill. The Frogs Leap link you provided is not NOD (yet) but the sellers (they are agents also) think it’s 2005 and they should get the purchase price plus upgrade $ out. That house is beautiful though.
Another fact – I didn’t want to buy in 2005 at all, not here in Morgan Hill and not anywhere, but we did and here we are. Oh well, you compromise in marriage and finally, my DH accepted the bubble in late 2005 when I started peppering him with blog postings and a Morgan spreadsheet that showed the amount owed and the asking price. I think it was the columns “short sale?” and “100% financing” that finally got his attention.
TemekuT
ParticipantI did break out whether it’s the valley or the hills, you just can’t see that because I can’t get the spreadsheet to show. I still need to know how to get the Excel format into the post here!
I know the Ventana homes don’t fit into the hills. They should be grouped into the valley. I left them in the hills because that’s technically where they are.
A fact here – we were the first to reserve Ventana lot XX, Phase 2 on Frogs Leap. I couldn’t get my husband to accept the housing bubble and he persuaded (pleaded, begged?) me to sign the contract and plop down a $50,000 deposit. I finally stood my ground and got us out of the Ventana contract, with complete deposit return. That house now has an NOD and it was 100% financing, so you can expect another REO in Ventana. BTW, there are a couple of others over there that are close to NOT status. I’m always scouring the MLS for NOD’s here in Morgan Hill. The Frogs Leap link you provided is not NOD (yet) but the sellers (they are agents also) think it’s 2005 and they should get the purchase price plus upgrade $ out. That house is beautiful though.
Another fact – I didn’t want to buy in 2005 at all, not here in Morgan Hill and not anywhere, but we did and here we are. Oh well, you compromise in marriage and finally, my DH accepted the bubble in late 2005 when I started peppering him with blog postings and a Morgan spreadsheet that showed the amount owed and the asking price. I think it was the columns “short sale?” and “100% financing” that finally got his attention.
TemekuT
ParticipantI did break out whether it’s the valley or the hills, you just can’t see that because I can’t get the spreadsheet to show. I still need to know how to get the Excel format into the post here!
I know the Ventana homes don’t fit into the hills. They should be grouped into the valley. I left them in the hills because that’s technically where they are.
A fact here – we were the first to reserve Ventana lot XX, Phase 2 on Frogs Leap. I couldn’t get my husband to accept the housing bubble and he persuaded (pleaded, begged?) me to sign the contract and plop down a $50,000 deposit. I finally stood my ground and got us out of the Ventana contract, with complete deposit return. That house now has an NOD and it was 100% financing, so you can expect another REO in Ventana. BTW, there are a couple of others over there that are close to NOT status. I’m always scouring the MLS for NOD’s here in Morgan Hill. The Frogs Leap link you provided is not NOD (yet) but the sellers (they are agents also) think it’s 2005 and they should get the purchase price plus upgrade $ out. That house is beautiful though.
Another fact – I didn’t want to buy in 2005 at all, not here in Morgan Hill and not anywhere, but we did and here we are. Oh well, you compromise in marriage and finally, my DH accepted the bubble in late 2005 when I started peppering him with blog postings and a Morgan spreadsheet that showed the amount owed and the asking price. I think it was the columns “short sale?” and “100% financing” that finally got his attention.
TemekuT
ParticipantI did break out whether it’s the valley or the hills, you just can’t see that because I can’t get the spreadsheet to show. I still need to know how to get the Excel format into the post here!
I know the Ventana homes don’t fit into the hills. They should be grouped into the valley. I left them in the hills because that’s technically where they are.
A fact here – we were the first to reserve Ventana lot XX, Phase 2 on Frogs Leap. I couldn’t get my husband to accept the housing bubble and he persuaded (pleaded, begged?) me to sign the contract and plop down a $50,000 deposit. I finally stood my ground and got us out of the Ventana contract, with complete deposit return. That house now has an NOD and it was 100% financing, so you can expect another REO in Ventana. BTW, there are a couple of others over there that are close to NOT status. I’m always scouring the MLS for NOD’s here in Morgan Hill. The Frogs Leap link you provided is not NOD (yet) but the sellers (they are agents also) think it’s 2005 and they should get the purchase price plus upgrade $ out. That house is beautiful though.
Another fact – I didn’t want to buy in 2005 at all, not here in Morgan Hill and not anywhere, but we did and here we are. Oh well, you compromise in marriage and finally, my DH accepted the bubble in late 2005 when I started peppering him with blog postings and a Morgan spreadsheet that showed the amount owed and the asking price. I think it was the columns “short sale?” and “100% financing” that finally got his attention.
TemekuT
ParticipantI’m there with you TG – In my past life I did pricing for a builder. This is just educational for others.
For anyone that wants a great in-depth but easily understandable explanation of land cost, residual value, home pricing etc. go to the Irvine Housing Blogsite. He (Irvine Renter) has a couple of great posts on the subject.
BTW, how do I get the spreadsheet to look like a spreadsheet here?
TemekuT
ParticipantI’m there with you TG – In my past life I did pricing for a builder. This is just educational for others.
For anyone that wants a great in-depth but easily understandable explanation of land cost, residual value, home pricing etc. go to the Irvine Housing Blogsite. He (Irvine Renter) has a couple of great posts on the subject.
BTW, how do I get the spreadsheet to look like a spreadsheet here?
TemekuT
ParticipantI’m there with you TG – In my past life I did pricing for a builder. This is just educational for others.
For anyone that wants a great in-depth but easily understandable explanation of land cost, residual value, home pricing etc. go to the Irvine Housing Blogsite. He (Irvine Renter) has a couple of great posts on the subject.
BTW, how do I get the spreadsheet to look like a spreadsheet here?
TemekuT
ParticipantI’m there with you TG – In my past life I did pricing for a builder. This is just educational for others.
For anyone that wants a great in-depth but easily understandable explanation of land cost, residual value, home pricing etc. go to the Irvine Housing Blogsite. He (Irvine Renter) has a couple of great posts on the subject.
BTW, how do I get the spreadsheet to look like a spreadsheet here?
TemekuT
ParticipantI’m there with you TG – In my past life I did pricing for a builder. This is just educational for others.
For anyone that wants a great in-depth but easily understandable explanation of land cost, residual value, home pricing etc. go to the Irvine Housing Blogsite. He (Irvine Renter) has a couple of great posts on the subject.
BTW, how do I get the spreadsheet to look like a spreadsheet here?
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