Rosedale community too expensive

Rosedale community too expensive

Posted in the Azusa Forum

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Kathy

Reseda, CA

#1 May 13, 2007
I have been doing a lot of house shopping and with the market the way it is, I'm surprised Rosedale (Azusa) are not adding any incentives, such as upgrades or generous closing cost credits. In the city of Corona, not only are the homes $300,000 less, but some builders offer upgrades, such as all stainless steel appliances, washer/dryer included, upgraded carpeting, and at least $15,000-$20,000 towards closing costs, which is more than enough! Fieldstone only offers $5,000! I understand Azusa homes are more in demand than Corona/Riverside county, and the price says it all, but Rosedale needs to be competitive regarding upgrades. I mean...c'mon! For $800,000...give us more for our money!!! My .02
Mike

Duarte, CA

#2 May 14, 2007
You have to be joking. Azusa and the Corona market are totally different. Just as Azusa will never cost what is costs to live in West Los Angles, Corona will never cost what costs to live in Azusa. The farther out you go, in general, the cheaper the real estate. They will only offer additional incentives if they feel they need to. So far, they have been selling fine without them. They are still way cheaper than new homes to the West.

Corona can give all the incentives that they want, I would not live there.
Jaybee

AOL

#3 May 22, 2007
Not only is Rosedale to expensive,you will never make your money back,it's Azusa
who want's to live in Azusa I don't care how nice there homes look it is not worth the price,what I did discover is that they really hide the amount of the yearly mello-rouse,and home assosiation fees who can afford that? and,which will make it harder to sell in the future,bacsically it's like charging highend prices in a low end area,and very sneekey about it!!!!!!no incentives here,the upgrades are to expensive,and the reality is your home will never look like the model,it is way too expensive.
Kathy

Reseda, CA

#4 May 23, 2007
Mike....
Uhhh....I think I did acknowledge a difference between Azusa and Riverside County. My point was/is...ROSEDALE is expensive, not just in terms of price, but also incentives. If I'm gonna be paying that much, I'd like to get a little more incentive. Let's just watch and see how "fine" they will be with selling the way they are. It's ridiculous how cost of living increases dramatically and not our wages. I'm an RN and even I can't afford Rosedale. I agree with Jaybee that it will be harder to sell your Rosedale home. I just can't make a $5000+ monthly mortgage payment. The people who have bought during Christopher Home's presale, let's just hope they won't be added to the list of many homeowners losing/lost their homes. I'm so sick of this greedy real estate/loan officers selling homes without acting in the best interest of homebuyers, just as long as they get their money. I went through a loan approval with Christopher Homes and they didn't care that I didn't want a $7000 mortgage payment. Don't get me wrong. I love what I see in Rosedale and I'd really like to live in Rosedale b/c it's so close to everything, but so damn expensive!
Phil

Irvine, CA

#5 May 24, 2007
Rosedale is the first new master-planed community in the San Gabriel Valley in years and maybe ever! The SGV has few new homes offered to its residents. Rosedale will include a new state of the art K thru 8 school, a major recreation facility with a fitness room and 3 pools, pocket parks throughout the neighborhoods and a 5 1/2 acre community park. The Metro Gold Line has a transit station planned at Rosedale in its future expansion plans. These new homes are a better buy than any comparable older resale property. This will not last long. Prices will go up sometime in the future.
Andrea San Marino CA

AOL

#6 May 29, 2007
Hey Phil since you think it's sooo great why don't you move from Laguna Woods to Azusa???? prices will go up maybe in 15-20 years ask any real estate agent, they will tell you it is a bad investment. have you read all the expenses you will have to pay besides your morgage,you can put pools schools parks and a metro line in, it is still Azusa and no one is paying those prices because it is Azusa, look at how many they still need to sell and are very behind scheduale,really look into all the cost of these homes it look great on the out side but once you read how mch it cost just to live there with home association fees property taxs and there very high mello-rouse that goes up every year,I garantee you wont think it's such a great deal.
Phil

Irvine, CA

#7 May 29, 2007
Andrea - San Marino -

Anyone who works in this locale (The San Gabriel Valley) has the opportunity of a lifetime to own a new home in a master-planned community. Any new community has its taxes and homeoners aassociations for the protection of future property values through quality of maintenance. 10 or 15 years from now this community (Rosedale in Azusa) will be a jewel.
Glenn Arcadia CA

AOL

#8 May 30, 2007
Hey Phil gotta agree with Andrea,Have you looked into the prices of what it actually cost to just live there? did you relize the mello-rouse is $22,000-$25,000 per year and goes up 1.75-2% per year per your lot you choose, that does not include the monthly $174.00per month for home association fee which also goes up yearly as well for the next 50 years,I actually almost bought there till I read the fine print in the back of the contract,and there are no incentives,and our children will remain in a private school,so as it may be a jewel for some who can afford this high price of living majority is most familys can not afford all these fees,property tax,and a high house payment.NOT REALISTIC
Azusa Resident

Irvine, CA

#9 Jun 8, 2007
New upscale developments in communities like Azusa are an answer to demographic struggles as you move closer to the big city.
Developers who manage to obtain land for this sake have performed quite a miracle, so bargain deals on these homes would defeat the whole potential benefit to the developer and neighboring landowners.
If you cannot afford buy a big house close to the city, then you should would do no one here any good.
Dante Glendora

AOL

#10 Jun 11, 2007
I don't think these people are asking for a bargin deal it's being realistic,these homes are over priced,(Azusa resident) do you live in Rosedale? because if you do not you are talking about yourself just as well,there are no other homes in Azusa that are priced that high, ask any realestate agent they will tell you just the same.You need to do the demographic studies as well, and also brush up on your GRAMMER.....
HAH

Sacramento, CA

#11 Jun 15, 2007
Andrea San Marino CA wrote:
Hey Phil since you think it's sooo great why don't you move from Laguna Woods to Azusa???? prices will go up maybe in 15-20 years ask any real estate agent, they will tell you it is a bad investment. have you read all the expenses you will have to pay besides your morgage,you can put pools schools parks and a metro line in, it is still Azusa and no one is paying those prices because it is Azusa, look at how many they still need to sell and are very behind scheduale,really look into all the cost of these homes it look great on the out side but once you read how mch it cost just to live there with home association fees property taxs and there very high mello-rouse that goes up every year,I garantee you wont think it's such a great deal.
Gee Andrea, If no one will buy them because it's Azusa, then why have all but 4 of the Taylor Woodrow homes offered in the first phase sold? I know Azusa isn't San Marino, but then again, most of Los Angeles County isn't. Azusa has improved tremendously over the past few years, and will continue to do so. Stop being such a snob.
HAH

Sacramento, CA

#12 Jun 15, 2007
Dante Glendora wrote:
I don't think these people are asking for a bargin deal it's being realistic,these homes are over priced,(Azusa resident) do you live in Rosedale? because if you do not you are talking about yourself just as well,there are no other homes in Azusa that are priced that high, ask any realestate agent they will tell you just the same.You need to do the demographic studies as well, and also brush up on your GRAMMER.....
There are no other homes in Azusa priced as high? What about Mountain Cove. They are higher than most of the homes in Rosedale, and the highest priced homes in Rosedale, Garnet Hill, have almost sold out their first phase.
soldier622

Duarte, CA

#13 Jun 23, 2007
Jaybee wrote:
Not only is Rosedale to expensive,you will never make your money back,it's Azusa
who want's to live in Azusa I don't care how nice there homes look it is not worth the price,what I did discover is that they really hide the amount of the yearly mello-rouse,and home assosiation fees who can afford that? and,which will make it harder to sell in the future,bacsically it's like charging highend prices in a low end area,and very sneekey about it!!!!!!no incentives here,the upgrades are to expensive,and the reality is your home will never look like the model,it is way too expensive.
You said it!!!!!!!!
soldier622

Duarte, CA

#14 Jun 23, 2007
Phil wrote:
Rosedale is the first new master-planed community in the San Gabriel Valley in years and maybe ever! The SGV has few new homes offered to its residents. Rosedale will include a new state of the art K thru 8 school, a major recreation facility with a fitness room and 3 pools, pocket parks throughout the neighborhoods and a 5 1/2 acre community park. The Metro Gold Line has a transit station planned at Rosedale in its future expansion plans. These new homes are a better buy than any comparable older resale property. This will not last long. Prices will go up sometime in the future.
If anything, it will keep the low class, uneducated Latinos from continued invasion. And don't call me racist, because I'm half Mexican, but I'm a college graduate and on my way to living a sustainable life; not selling fruit on freeway exit ramps.
soldier622

Duarte, CA

#15 Jun 23, 2007
Phil wrote:
Andrea - San Marino -
Anyone who works in this locale (The San Gabriel Valley) has the opportunity of a lifetime to own a new home in a master-planned community. Any new community has its taxes and homeoners aassociations for the protection of future property values through quality of maintenance. 10 or 15 years from now this community (Rosedale in Azusa) will be a jewel.
Wow Phil!!! You must work for the city!!!! Either that or you must be Phil Drake, city editor for a valley newspaper who covers Azusa and puppet to the city council!!!!
Lynn
#16 Jun 28, 2007
The fact still remains that these homes are overpriced. I agree with all above. Although the community is beautifully designed its way too expensive. They are offerinng too much for these homes to be located in a less desirable neighborhood. The property taxes alone is enough to put a hole in your pocket not to add the extra taxes for the community development as well as the association fees, the the northside and southside of Rosedale fees, and to top it off you have to give back 5% after the sale of the home.

The need to either lower the price of these homes or give more incentatives to make you want to stick your neck out.

Listen up Rosedale, lower your prices and give more for the money.
Lynn

La Mirada, CA

#17 Jun 28, 2007
The fact still remains that these homes are overpriced. I agree with all above. Although the community is beautifully designed its way too expensive. They are asking too much for these homes to be located in a less desirable neighborhood. The property taxes alone is enough to put a hole in your pocket not to add the extra taxes for the community development as well as the association fees, the northside and southside of Rosedale fees, and to top it off you have to give back 5% after the sale of the home.
The need to either lower the price of these homes or give more incentatives to make you want to stick your neck out.
Listen up Rosedale, lower your prices and give more for the money.

Since: Jun 07

Azusa.

#18 Jul 10, 2007
(bump)
Nora

Lancaster, CA

#19 Jul 11, 2007
I was one of the ones that didn't buy in Azusa, only because the lots are way too small but I know they will sell those new homes, why buy old homes if you can get new ones, and the difference in the price on a monthly basis is not that big. The market is still a buyers market and if you ask for incentives you will get them. You just have to watch the market and personally investing right is the way to go, there are a few hot markets which are favorable for investors,like Las Vegas, San Antonio and others.
Casey

Long Beach, CA

#20 Jul 11, 2007
Before buying a home in Azusa, you should check out the school system. From what I hear it's not the best. I hear that Kindergarteners have to go to an all-Spanish language class. That means, the instructions and everything else (workbook, homework, etc) will be in Spanish. Great for Spanish-speaking family, but not so great for the non-Spanish speaking families. Check the out the schools first.

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