Thanks IHO,
Here goes,
1) and 2) Not renting before, but we sold our Irvine Home (first home) last year in Dec so we are staying with relative for the time being. On the side note, no we didn't profit from our Irvine Home. We originally bought in 2005 and very fortunately to break even (not including commission) and upgrade.
3) Before our first home in Irvine, we lived in Orange. Never lived in Irvine before.
4) Pricing. Only Coronado (Mid-500) and Monticito (High-600) were in our price range. We all know about what happened to these prices in the beginning of Dec. They went up. Anyhow, the resells on the market at the time were not only limited but priced a bit higher with lots of competition from FCB. So we decided to go for new. Besides, we don't have the luxury of keep staying with relative to wait for the good deal. With all our stuff in storage, our time line was limited. If we couldn't find something by the beginning of Jan, we have to secure something to move out by May. Therefore 2010 new home, fit our time frame only if we were able to get in on Phase 1.
5) I was pretty high up in the list 10:02 time stamp. #14 for Montecito and didn't find out for Coronado ( we did get a call from them Sunday night but we have decided on Montecito already so we dropped out )
6) In Orange, we always make trips to either San Gabriel, Rowland Heights, or Irvine to get good Chinese Food. Though Irvine's prices and selection can't compare to SG or RH but the city is well planned and very enjoyable when we were here. We also went to UCI so we grew to like the environment quiet a bit. Then, I was very lucky to got a job in Irvine. So we decided to purchase our first home in Irvine in 2005 and settled down.
Any feedback or questions is very welcome.
Thanks