sleepy5136
Well-known member
Hi guys,
I am planning to move to the OC from LA. I am a first time home buyer looking at finding a place for ~900k. I'm leaning towards buying new at the moment because there are not many inventory for homes around the price range I have. It seems like the ones that are available will require me to pay 700k+ and I would still have to do some remodeling to make it look a bit more modern. Its definitely a task finding something more modern that doesn't have crazy mello roos involved in Irvine/Tustin. I feel like Tustin may be do-able but I also want to have a decent school district. Question for you guys is the following:
1. Is buying new in lake forest a good idea? I'm intrigued by this because there isn't mello roos.
2. How is the rental and resale market in Lake Forest and Tustin?
3. Do you guys feel its better to buy in Irvine instead of Lake Forest if I plan to stay in the home for 5-10 years? I've been told many times owning a home in Irvine will have no issues with rental or resale.
4. I see some new homes for a cheaper price new John Wayne Airport and it seems like its due to the poor school district (Santa Ana) there. Would you say that reselling/renting would be difficult in that area?
Any insight would be greatly appreciated.
I am planning to move to the OC from LA. I am a first time home buyer looking at finding a place for ~900k. I'm leaning towards buying new at the moment because there are not many inventory for homes around the price range I have. It seems like the ones that are available will require me to pay 700k+ and I would still have to do some remodeling to make it look a bit more modern. Its definitely a task finding something more modern that doesn't have crazy mello roos involved in Irvine/Tustin. I feel like Tustin may be do-able but I also want to have a decent school district. Question for you guys is the following:
1. Is buying new in lake forest a good idea? I'm intrigued by this because there isn't mello roos.
2. How is the rental and resale market in Lake Forest and Tustin?
3. Do you guys feel its better to buy in Irvine instead of Lake Forest if I plan to stay in the home for 5-10 years? I've been told many times owning a home in Irvine will have no issues with rental or resale.
4. I see some new homes for a cheaper price new John Wayne Airport and it seems like its due to the poor school district (Santa Ana) there. Would you say that reselling/renting would be difficult in that area?
Any insight would be greatly appreciated.