[UCGal]

In college I lived in University Heights (Park at Madison), then Normal Heights (first Felton just south of Adams, then 36th, just north of Adams.) Then I moved downtown near the El Cortez.

All of the neighborhoods had an edginess – especially downtown. But this was 20 years ago, LOL. (Horton Plaza came online while I was living down there… it was before the convention center, etc.)

I think in Normal Heights the key is whether you are north of Adams or not. It gets pretty nice north of Adams… It gets sketchier the further south of Adams. University Heights, west of Park, has very nice pockets… I have several friends who live there.

I like Hillcrest a lot. Again, location is everything… Lots of nice little pockets. Lots of restaurants and shops.

All three neighborhoods are urban – which is not a bad thing… it makes for walkable neighborhoods. But it also means more people, more challenging parking, more noise.

[UCGal]

In college I lived in University Heights (Park at Madison), then Normal Heights (first Felton just south of Adams, then 36th, just north of Adams.) Then I moved downtown near the El Cortez.

All of the neighborhoods had an edginess – especially downtown. But this was 20 years ago, LOL. (Horton Plaza came online while I was living down there… it was before the convention center, etc.)

I think in Normal Heights the key is whether you are north of Adams or not. It gets pretty nice north of Adams… It gets sketchier the further south of Adams. University Heights, west of Park, has very nice pockets… I have several friends who live there.

I like Hillcrest a lot. Again, location is everything… Lots of nice little pockets. Lots of restaurants and shops.

All three neighborhoods are urban – which is not a bad thing… it makes for walkable neighborhoods. But it also means more people, more challenging parking, more noise.

[UCGal]

In college I lived in University Heights (Park at Madison), then Normal Heights (first Felton just south of Adams, then 36th, just north of Adams.) Then I moved downtown near the El Cortez.

All of the neighborhoods had an edginess – especially downtown. But this was 20 years ago, LOL. (Horton Plaza came online while I was living down there… it was before the convention center, etc.)

I think in Normal Heights the key is whether you are north of Adams or not. It gets pretty nice north of Adams… It gets sketchier the further south of Adams. University Heights, west of Park, has very nice pockets… I have several friends who live there.

I like Hillcrest a lot. Again, location is everything… Lots of nice little pockets. Lots of restaurants and shops.

All three neighborhoods are urban – which is not a bad thing… it makes for walkable neighborhoods. But it also means more people, more challenging parking, more noise.

[UCGal]

I am not an expert on this – perhaps Adam can chime in…

I believe that 2nd mortgage and HELOC are wiped out IF it is the first mortgage holder that is doing the forclosing.

I believe tax liens, mechanics liens, HOA (if they have a lien placed), lis pendens, etc are all things the new owner gets stuck with.

I could be wrong.

I know the rules are a little different in the less common case where it is the 2nd mortgage holder (or HELOC holder) who is forclosing… I don’t think the first lienholder gets wiped out.

On tax liens – I’ve read different things – some suggest they get wiped out in CA, but perhaps not in other states since this is an auction OR judicial forclosure state. If it goes to auction, it’s wiped out. But I’m not absolutely certain on this. My rule of thumb has been to drop properties that have complicated liens from my consideration list. If I see tax liens or mechanics liens, I don’t bother with that property.

[UCGal]

I am not an expert on this – perhaps Adam can chime in…

I believe that 2nd mortgage and HELOC are wiped out IF it is the first mortgage holder that is doing the forclosing.

I believe tax liens, mechanics liens, HOA (if they have a lien placed), lis pendens, etc are all things the new owner gets stuck with.

I could be wrong.

I know the rules are a little different in the less common case where it is the 2nd mortgage holder (or HELOC holder) who is forclosing… I don’t think the first lienholder gets wiped out.

On tax liens – I’ve read different things – some suggest they get wiped out in CA, but perhaps not in other states since this is an auction OR judicial forclosure state. If it goes to auction, it’s wiped out. But I’m not absolutely certain on this. My rule of thumb has been to drop properties that have complicated liens from my consideration list. If I see tax liens or mechanics liens, I don’t bother with that property.

[UCGal]

I am not an expert on this – perhaps Adam can chime in…

I believe that 2nd mortgage and HELOC are wiped out IF it is the first mortgage holder that is doing the forclosing.

I believe tax liens, mechanics liens, HOA (if they have a lien placed), lis pendens, etc are all things the new owner gets stuck with.

I could be wrong.

I know the rules are a little different in the less common case where it is the 2nd mortgage holder (or HELOC holder) who is forclosing… I don’t think the first lienholder gets wiped out.

On tax liens – I’ve read different things – some suggest they get wiped out in CA, but perhaps not in other states since this is an auction OR judicial forclosure state. If it goes to auction, it’s wiped out. But I’m not absolutely certain on this. My rule of thumb has been to drop properties that have complicated liens from my consideration list. If I see tax liens or mechanics liens, I don’t bother with that property.

[UCGal]

I am not an expert on this – perhaps Adam can chime in…

I believe that 2nd mortgage and HELOC are wiped out IF it is the first mortgage holder that is doing the forclosing.

I believe tax liens, mechanics liens, HOA (if they have a lien placed), lis pendens, etc are all things the new owner gets stuck with.

I could be wrong.

I know the rules are a little different in the less common case where it is the 2nd mortgage holder (or HELOC holder) who is forclosing… I don’t think the first lienholder gets wiped out.

On tax liens – I’ve read different things – some suggest they get wiped out in CA, but perhaps not in other states since this is an auction OR judicial forclosure state. If it goes to auction, it’s wiped out. But I’m not absolutely certain on this. My rule of thumb has been to drop properties that have complicated liens from my consideration list. If I see tax liens or mechanics liens, I don’t bother with that property.

[UCGal]

I am not an expert on this – perhaps Adam can chime in…

I believe that 2nd mortgage and HELOC are wiped out IF it is the first mortgage holder that is doing the forclosing.

I believe tax liens, mechanics liens, HOA (if they have a lien placed), lis pendens, etc are all things the new owner gets stuck with.

I could be wrong.

I know the rules are a little different in the less common case where it is the 2nd mortgage holder (or HELOC holder) who is forclosing… I don’t think the first lienholder gets wiped out.

On tax liens – I’ve read different things – some suggest they get wiped out in CA, but perhaps not in other states since this is an auction OR judicial forclosure state. If it goes to auction, it’s wiped out. But I’m not absolutely certain on this. My rule of thumb has been to drop properties that have complicated liens from my consideration list. If I see tax liens or mechanics liens, I don’t bother with that property.

[UCGal]

Doh – Flu beat me to it. I got all wordy and anecdotal and he beat me to the local stats.

[UCGal]

Doh – Flu beat me to it. I got all wordy and anecdotal and he beat me to the local stats.

[UCGal]

Doh – Flu beat me to it. I got all wordy and anecdotal and he beat me to the local stats.

[UCGal]

Doh – Flu beat me to it. I got all wordy and anecdotal and he beat me to the local stats.

[UCGal]

Doh – Flu beat me to it. I got all wordy and anecdotal and he beat me to the local stats.

[UCGal]

Looking at it more locally

http://www.sandiegoreader.com/weblogs/financial-crime-politics/2010/mar/10/san-diego-unemployment-rate-leaps-to-11/

San Diego hit 11% for January.

Sadly, today, I got an email from one unemployed friend (been out of work for close to a year) forwarding the news that a mutual friend who works in biotech is going to be hitting the pavement again. She’s been unfortunate enough to be laid off twice already – each time the company closes shop soon after she hires on. Hubby’s been working full time the past month – but is about to see his hours go to zero within a few weeks.

I have so many friends who are at risk of being laid off or have been laid off. They are ALL actively looking for work. It’s a tough job market out there.

[UCGal]

Looking at it more locally

http://www.sandiegoreader.com/weblogs/financial-crime-politics/2010/mar/10/san-diego-unemployment-rate-leaps-to-11/

San Diego hit 11% for January.

Sadly, today, I got an email from one unemployed friend (been out of work for close to a year) forwarding the news that a mutual friend who works in biotech is going to be hitting the pavement again. She’s been unfortunate enough to be laid off twice already – each time the company closes shop soon after she hires on. Hubby’s been working full time the past month – but is about to see his hours go to zero within a few weeks.

I have so many friends who are at risk of being laid off or have been laid off. They are ALL actively looking for work. It’s a tough job market out there.

[Author]

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