Gorgeous Carmel Mountain Ranch condo in the lovely Collage complex. This very light and bright end unit is on the bottom floor. One can enjoy a panoramic, sit down golf view course view on the large patio off the master and living room. The entry is very private and opens to a beautifully maintained home. The kitchen features granite counters, new stainless steal range/oven, microwave, dishwasher and travertine floors. Nice pergo flooring throughout the whole unit. Features include family room fireplace, brand new custom blinds, hall laundry for a full sizeside by side laundry. Attached garage. The complex fitures two beautiful pools with jacuzzis, ample barbaque areas and two kids/tot playgrounds. One can also enjoy evening walks on along the lake with a beatiful waterfalls. It is conveniently located near numerous restaurants, Costco, Home Depot, parks, gyms, shopping and restuarants. Do not forget the Award Winning Poway School District!One can easily buy this condo using an FHA 3.5% downpayment program. At $300,000 Sales Price your Principal and Interest Payment will be only $1,554 at 5% interest rate on a 30-year fixed loan. You just have to add the Mortgage Insurance ($109), Property Taxes ($275) and HOA fees ($269 for Collage plus $38 for Carmel Mountain Ranch) on the top of it. Keep in mind that the interest ($1,206 monthly) and Property Taxes ($275 monthly) are tax-deductible. It comes to $17,772 additional tax deductions that you currently do not have!! At 30% tax-bracket it comes to an extra $5,332 in your pocket annually ($444.33 monthly). So, if you are paying $1,600 in Rent - you are actually paying $2,044.33 for a rental!
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