Petaluma at Eastwood
- Thread starter MYOB
- Start date
NEW -> Contingent Buyer Assistance Program
I have to admit, that is right. PS will always be out in the boonies. The value play doesn't make sense. Sure it's cheaper to buy, but it also means lower value when you sell.
My previous comment was to answer his question why Petaluma is selling like hot cakes.
Because recession is just a myth. Because Petaluma is really the cheapest way to home a "single family home' that's under 1 million.
Let me ask you this, Do you buy stocks at the 52 week high?
I previously mention they have a school that will open. (Walkable) That alone will drive up the demand.
acf said:Can't go wrong with the value!GL!
I'm still trying to figure out why Petaluma's are selling like hot cakes despite the incoming US recession.
eyephone said:We will be at PS3. The pure value play.
acf said:
eyephone said:I previously mention they have a school that will open. (Walkable) That alone will drive up the demand.
acf said:Can't go wrong with the value!
I'm still trying to figure out why Petaluma's are selling like hot cakes despite the incoming US recession.
eyephone said:We will be at PS3. The pure value play.
acf said:
I have to admit, that is right. PS will always be out in the boonies. The value play doesn't make sense. Sure it's cheaper to buy, but it also means lower value when you sell.
soyi said:eyephone said:I previously mention they have a school that will open. (Walkable) That alone will drive up the demand.
acf said:Can't go wrong with the value!
I'm still trying to figure out why Petaluma's are selling like hot cakes despite the incoming US recession.
eyephone said:We will be at PS3. The pure value play.
acf said:
I have to admit, that is right. PS will always be out in the boonies. The value play doesn't make sense. Sure it's cheaper to buy, but it also means lower value when you sell.
My previous comment was to answer his question why Petaluma is selling like hot cakes.
acf said:Can't go wrong with the value!
I'm still trying to figure out why Petaluma's are selling like hot cakes despite the incoming US recession.
eyephone said:We will be at PS3. The pure value play.
acf said:
Because recession is just a myth. Because Petaluma is really the cheapest way to home a "single family home' that's under 1 million.
soyi said:acf said:Can't go wrong with the value!
I'm still trying to figure out why Petaluma's are selling like hot cakes despite the incoming US recession.
eyephone said:We will be at PS3. The pure value play.
acf said:
Because recession is just a myth. Because Petaluma is really the cheapest way to home a "single family home' that's under 1 million.
Let me ask you this, Do you buy stocks at the 52 week high?
Yes, on paper petaluma is a detached condo... but to be fair, soyi did say "single family homes" in quotations which could imply a different meaning.
I also find it interesting that on the main petaluma signage in Eastwood it's clearly advertised as "single family homes" and in the petaluma contract it's stated that "Your condominium is essentially equivalent to a traditional single family home located on a separate lot yada yada... you own the home and the land unlike a traditional condominium where you only own the airspace within the home etc".
Furthermore, If you are able to get one of the Petaluma's with it's own driveway, it essentially has the charactersistics of a single family.
I see both sides. everyone is right
I also find it interesting that on the main petaluma signage in Eastwood it's clearly advertised as "single family homes" and in the petaluma contract it's stated that "Your condominium is essentially equivalent to a traditional single family home located on a separate lot yada yada... you own the home and the land unlike a traditional condominium where you only own the airspace within the home etc".
Furthermore, If you are able to get one of the Petaluma's with it's own driveway, it essentially has the charactersistics of a single family.
I see both sides. everyone is right
Unfortunately on official paper it'll always be a condo...
Just like all the resale ads for house or used cars saying it's just like new when it's not...
When you refi it asks if it's a condo or not, the rate sheet has it higher
Or when you sell, maybe you can do the song and dance to new buyers saying it's a "sfr" even tho it lists as a condo
Just like all the resale ads for house or used cars saying it's just like new when it's not...
When you refi it asks if it's a condo or not, the rate sheet has it higher
Or when you sell, maybe you can do the song and dance to new buyers saying it's a "sfr" even tho it lists as a condo
Irvinehomeseeker
Active member
One thing that I see really missing in petaluma is the downstairs bedroom. For the price, I really would expect this room and may be that will make it very much an SFR. If you have older parents, the downstairs room makes a big difference. Thats one of the reasons we are looking at Cressa although it is in portola springs.
The motor court is another minus point in qualifying petaluma to be tru e sfr in my opinion.
Piedmont is probably more closer to a true sfr but at a higher price point...wish the garage was not taking up so much of front elevation.
I feel the market currently is very priced, so if u got to get in i guess compromises have to be made.that's just opinion.
The motor court is another minus point in qualifying petaluma to be tru e sfr in my opinion.
Piedmont is probably more closer to a true sfr but at a higher price point...wish the garage was not taking up so much of front elevation.
I feel the market currently is very priced, so if u got to get in i guess compromises have to be made.that's just opinion.