Comments on: How Identical Properties Are Apples and Oranges, or Just Apples http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/ your consumer guide to the sf bay area real estate market Mon, 13 Oct 2008 04:19:55 +0000 http://wordpress.org/?v=2.0.4 by: Steve Leung http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-317 Sat, 31 Mar 2007 05:41:49 +0000 http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-317 Exactly! The key is moving past the "I want" phase and really nailing the "I need" list. Exactly! The key is moving past the “I want” phase and really nailing the “I need” list.

]]> by: sJ http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-314 Sat, 31 Mar 2007 01:41:24 +0000 http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-314 Thanks for the detail response.... Seems like there is no formula...it really depends on person to person... Everyone wants different things from a house... Thanks for the detail response….

Seems like there is no formula…it really depends on person to person…

Everyone wants different things from a house…

]]> by: Steve Leung http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-309 Thu, 29 Mar 2007 19:24:17 +0000 http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-309 Hi sJ, thanks for dropping by! Ah, schools. It's the second location in choosing location, location, location ;-) It's critically important to think about but it's not always necessary to buy in the best school district. Which district really depends on personal goals and what people want for the kids. I had a very frank conversation with a client who in a long discussion emoted, "Steve, I love my kids and I want a good education for them, but I don't want to put too much stress on them." In that case, people don't need to pay for an elite school district but one that has good programs and activities. Other folks are very focused on the mantra that you should always buy a home in a good school district. It's true that those are the last homes to depreciate and the first homes to go up, but that security is already built into the price of the house when you buy it. If you're looking for more upside potential, finding a rapidly improving school district is the way to go. Some folks want a great school district for their kids and that's admirable. Sometimes you can have just a great an education and put less stress on your finances by buying in a less expensive neighborhood and sending the kids to private school. I have an article <a href="http://www.1siliconvalley.com/how-much-house-can-i-afford-part-2-of-2/" rel="nofollow">How Much House Can I Afford? (Part 2 of 2)</a> that explores this. It's also interesting to note that some folks want a good school district, but what they really want is to live in the nice neighborhood. That's okay too, I also have an article that has <a href="http://www.1siliconvalley.com/determining-your-must-haves-when-buying-a-home/" rel="nofollow">five home search criteria people don't like to say out loud</a>. Hi sJ, thanks for dropping by!

Ah, schools. It’s the second location in choosing location, location, location ;-)

It’s critically important to think about but it’s not always necessary to buy in the best school district. Which district really depends on personal goals and what people want for the kids.

I had a very frank conversation with a client who in a long discussion emoted, “Steve, I love my kids and I want a good education for them, but I don’t want to put too much stress on them.” In that case, people don’t need to pay for an elite school district but one that has good programs and activities.

Other folks are very focused on the mantra that you should always buy a home in a good school district. It’s true that those are the last homes to depreciate and the first homes to go up, but that security is already built into the price of the house when you buy it. If you’re looking for more upside potential, finding a rapidly improving school district is the way to go.

Some folks want a great school district for their kids and that’s admirable. Sometimes you can have just a great an education and put less stress on your finances by buying in a less expensive neighborhood and sending the kids to private school.

I have an article How Much House Can I Afford? (Part 2 of 2) that explores this.

It’s also interesting to note that some folks want a good school district, but what they really want is to live in the nice neighborhood. That’s okay too, I also have an article that has five home search criteria people don’t like to say out loud.

]]> by: sJ http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-308 Thu, 29 Mar 2007 17:45:19 +0000 http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-308 Real estate isn't about location, location, location. It's about what the location, location, location provides for you....Definitely true.. But i always hear people talk about school district....how much weightage should that be given ? Real estate isn’t about location, location, location. It’s about what the location, location, location provides for you….Definitely true..

But i always hear people talk about school district….how much weightage should that be given ?

]]> by: Jonathan Greene http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-306 Thu, 29 Mar 2007 00:59:14 +0000 http://www.1siliconvalley.com/how-identical-properties-are-apples-and-oranges-or-just-apples/#comment-306 Wow. Drugs are bad, m'kay! Wow. Drugs are bad, m’kay!

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