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waiting hawk
ParticipantMAN I hope they don’t close down to many shops. I need a while before I move down there. My CD doesn’t mature till July 2007. Then i’ll chuck it into my money market until the winter. At that time Temecula watch out. U got a real loser comin to ur town :). I can’t hold the wife on bubble sitting to long into 2008 before she kills me.
20% down and I can easily rent it for the 30 year payment, I’ll buy (2003 price at least).ParticipantI love that OC is going to get hammered line from Feb. UCSD report.
ParticipantProbably already to late to sell if bought for 900k.
ParticipantI have a 5.25% ING Direct CD and a money Market I add 3k a month to at 4.35%.
After Fed’s pause the one year CD went from 5.25% to present 5.20% APY.
ParticipantNaw the next scam will be no payments or interest rates till 2008!
Participanthmm a tour bus with tons of people taking photos of over priced home that people bought would be great for a small documentary along with interviews of people mad of their ARM reseting. There is a ton of ideas for a good documentary.
Participantno way… thats a great idea.
ParticipantI like area around Vista California (I think) and Margarita. Near that park and TVH High. That area is little older (1980’s) have homes that I like (lot of 3 car garages) and are already cheaper. French Valley may have a large chance to end up like Moreno Valley if RE seriously takes a large dive. Price relects between the cities. But I really would rather live in Temecula. If I could, I would live on one of those 3 acre lots and live like the unibomber 🙂 The chicks beat the crap out of San Bernardino chicks but don’t tell my wife 🙂
ParticipantI like most of Robert Campbell’s post on that SDCIA forum.
ParticipantI love that area 🙂 Listing population is ~1.66 atm.. Someone eventually has to live in these homes. Not rent them, live in them. These people bleed money trying to rent these out for 5 years. Party is coming to a close. This Fall/Winter will tell more.
Participantmydogsarelazy ya most around Temecula/Murrieta are ~2004 prices already. I told my wife we are on track when we see a regular small 3 Bedroom nothing special average lot size listed for $299,999 in The CITY of Temecula by the winter. One guy just dropped 2 days ago to $330,000 so I am right on target 🙂 (he paid $143 and can dump more than most I assume)
I like that area as I have some friends that live in Murrieta and French Valley. I really like Temecula cause of the schools and my wife is a teacher. We plan on moving there once this market does whatever it’s going to do (which I tell regular people) but I mean once the market takes a dive there. That place should not climb up the same percentage as La Jolla, LA, or Del Mar. It’s a commuter’s mess in the desert (but gold in my weird view). With wife teaching there and my Territory is San Diego, Orange County, and Riverside. It’s perfectly located and I will put 50% down on a home when we buy. 40%-50% depending on how far it comes down. Maybe we hook up sometime.. I don’t know to many people down there 🙂
PS.. and it’s 5 degrees cooler there than crappy Inland Empire.
Edit: I would stay also and just pay it off in 15 years like you are doing rather than watch this market consistantly and put so much on hold like I am doing 🙁
ParticipantI posted this flip few months ago and now I just posted that cry for help. Thread is called “Clairmont Mesa Flipper” It’s also the first home listed on my “proof” link on website.
ParticipantI posted this flip few months ago and now I just posted that cry for help. Thread is called “Clairmont Mesa Flipper”
Participantthx perry. Seem like it was written today.. You know who wrote that? The guy from Ferris Bueller’s Day off. The teacher that kept saying “Bueller..Bueller..Bueller.. when taking roll.
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