Home Buying in Temecula>Question Details

Marie, Home Buyer in Los Angeles, CA

where is the most desirable area in temecula?

Asked by Marie, Los Angeles, CA Sun Feb 3, 2008

I am looking to invest and would like to know where is the mose desirable area to live in temecula

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If you are looking to make an investment, you may find that the "most desirable" areas are not always the most profitable. As you have probably heard , the best jobs are found in the hidden market. The same is true of real estate. If it's on the MLS for any length of time at all it's probably overpriced.
0 votes Thank Flag Link Mon Feb 4, 2008
Marie,
just like in any other places, neighborhoods will vary within the city. There are various sections in Temecula, such as Vail Ranch, Paseo Del Sol, Redhawk, Wolf Valley/Creek, Rancho etc. As a resident and Realtor in Southwest Riverside I have the opportunity to work with clients who are investing in this area. Also, different neighborhoods and areas in Temecula will command different rental/lease rates.

By far, enlisting a Realtor to assist you in this process would likely prove worth it, especially since there is no cost to you to utilize a Buyer's Agent/Representative. The are a lot of properties available in the Temecula area and just like those who are buying to occupy a property the key is finding an undervalued property in an area. If the intent is to rent the property this may allow for the mortgage and property taxes to be covered by the rent and the possibility of equity in the property over time.
0 votes Thank Flag Link Sun Feb 3, 2008
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