Monday, February 1st, 2010 at 6:22 AM
Going to Califoreclosure
More touring of properties on the foreclosure list, plus sunset in Del Mar:
Posted on Monday, February 1st, 2010 at 6:22 AM in F-List, Jim TV, North County Coastal, Thinking of Buying? | 22 Comments » | 
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“Some deaf people are really gonna make out nice.”
I’d like to have a constructive comment here, but I’m still laughing at this one.
The Blur | February 1st, 2010 at 8:15 amGreat song choice at the end!
Erica Douglass | February 1st, 2010 at 9:00 amWhy would the neighbor buy the second on the first house?
Foothill Matt | February 1st, 2010 at 11:24 am“Some deaf people are really gonna make out nice.” (JtR)
“I’d like to have a constructive comment here, but I’m still laughing at this one.” (Comment #1)
Mahalo, The Blur, you saved me typing those exact words!
“No extra charge!” (JtR)
Gee, you’re on a comedy roll, Jim. With me cracking up, I’m more than impressed that you can be so funny on a Monday morning at 6:22 am.
And that sunset! Wow! Just WOW! Does San Diego have a “green flash” like my favorite place on the planet–Hawaii? Maybe I should widen my search for my last home to San Diego…
And I echo Foothill Matt’s question. Why, why, why, JtR?
Susie | February 1st, 2010 at 12:02 pmI predict this new found enthusiasm for homes in s. california will not end well.
Condos are a horrible investment.They only look good when nothing else is affordable.
housing psychic | February 1st, 2010 at 12:45 pm“Condos are a horrible investment.”
Ain’t that the truth. I can see why the idea of communal living is appealing in some circumstances, no yard to mow, repairman on call 24/7, etc… But why on earth would you not just rent?
Art Eclectic | February 1st, 2010 at 12:49 pmSan Diego has a Green Flash. It is less frequent and usually not as distinct as one in Hawaii, or other low latitude locations.
Billyfeet | February 1st, 2010 at 1:20 pm“Why would the neighbor buy the second on the first house?
Foothill Matt | February 1st, 2010 at 11:24 am”
Maybe he bought it for a very small sum and is hoping to cash in on any loan mod? Or maybe it’s worth more to him to not have a (potentially loud and/or annoying) neighbor for a year or so than the cost of the second. (That is, he bought it so he delay the next door house from being occupied for awhile so he could have some peace and quiet.)
Whatever the specific reason, I approve of these shenanigans. Just when you think you’ve heard it all, somebody throws a new wrench in the works.
Geotpf | February 1st, 2010 at 2:21 pmIf you are prepared to reinstate the first trust deed, and foreclose on the second, buying a second, especially at a discount, can make sense as a way to acquire a property “subject to” the existing financing.
It does not make any sense though if there is no equity in the property over and above the first.
For those of you pooh pooh-ing condos, the two Encinitas condos my wife and I purchased and then turned into rentals when we moved up to a SFR turned out to be some of the best investments we ever made.
Kingside | February 1st, 2010 at 2:28 pmIf it were 1973, Peter Grant would appear and shake you down for royalties for showing that clip.
Best time of year for sunsets.
Blissful Ignoramus | February 1st, 2010 at 7:13 pmVery lame for blocking me at YouTube, Jim, for leaving the comment…
“lambs to the slaughter”
People paying too much with mello roos while there is still way too much uncertainty in the economy, dollar, and impending ARM debacle, are in fact lambs heading for a slaughter.
But, it’s your prerogative, and no great loss. I’ll remove your link from my site. Good luck to you.
Tyrone | February 1st, 2010 at 7:33 pmThe horror.
Jim the Realtor | February 1st, 2010 at 10:17 pm4th street amirite?
Freeway noise or not, that Leucadia house looks beautiful. Those of us from LA are desensitized anyway.
Genius | February 1st, 2010 at 11:52 pm“For those of you pooh pooh-ing condos”
I got that spiel too when I bot my first condo. It was in Aptos,ca. about 1/2 mile from beach,but no views. That condo is now worth more than my primary non attached residence that is 3x as big but in not as good location.
If I had known better I woulda bot this in the early 90′s for the same price as my Aptos condo : http://www.sdlookup.com/MLS-090066817-940_Sealane_Dr_2_Encinitas_CA_92024 tho I don’t know if I coulda stomached the HOA : )
john | February 2nd, 2010 at 12:00 amAren’t some of the buildings on Sealane falling off the cliff? I think someone was mentioning a second building (?) with some problems just the other day.
For those who are not familiar with the coastal “bluff” homes, be very careful, as they have been known to fall off the cliff.
CA renter | February 2nd, 2010 at 1:53 amApologies for the OT, but:
Genius | February 2nd, 2010 at 2:47 amHas anyone else been getting crazy SDGE bills lately? Last month they wanted $600 and this month they want $350. There’s no way heating our little house can cost that much.
Genius, sometimes meter reading can get off by a digit or two. Call SDGE and ask them to send someone out to re-check your meter. Also ask for an in-person home energy audit, the utilities have stopped advertising these and tried to push people to less labor-intensive online solutions, but they will send someone out if you harass them enough.
Art Eclectic | February 2nd, 2010 at 7:06 amGenius… I have a similar situation. Gas seems to be OK but electric isn’t. SDG&E came over and replaced the meter. Let’s see what next month brings…
GameAgent | February 2nd, 2010 at 7:21 amPerhaps the recent install of all those so called “smart” meters is the culprit.
Sol | February 2nd, 2010 at 7:58 amMy folks had a huge SDG&E bill as well. I’m guessing it has to do with the new meters too.
Del Sur Renter | February 2nd, 2010 at 8:50 amhttp://piggington.com/shambing_away_from_cheapness_but_still_milling_about_in_the_gene
Candi | February 2nd, 2010 at 9:25 amI almost rented one of those units on Sealane. Seems like it was going for about $2700/mo.
osidebuyer | February 2nd, 2010 at 11:58 am