vtech22a_IHB
New member
Hello,
We bought the plan two in Mericort at the end of 2005. This is our first house and we bought it with the intention of staying for a while. I mean, it's a 3/2 with 1550 SQFT. It's enough right? Now we are planning to have a family (kids) in a year or so. Suddenly, this 1550 feels a little small. Don't really want to move after the little ones come. I really like Bugainvillea by KB in PS. It's still a zero lot line home but I am thinking, with all these planned development, what can we do with a SFR? There are also few other development coming from Cal Pac homes which are also a little bigger. After reading IrvineRenter's post about "The day market died" and "Collapsing from the bottom up". It got me thinking, the home that we have, is it a small starter 3/2? If so, will we be hit both way with our home going lower a little faster then the larger home? Perhaps we should tough it out for a while? I don't think we should rent it out first as with mello roos, there is no way we can have a positive cash flow. Selling? in the current market, it will be tough also. What do you think? All comments are greatly appreciated.
Thank you all.
We bought the plan two in Mericort at the end of 2005. This is our first house and we bought it with the intention of staying for a while. I mean, it's a 3/2 with 1550 SQFT. It's enough right? Now we are planning to have a family (kids) in a year or so. Suddenly, this 1550 feels a little small. Don't really want to move after the little ones come. I really like Bugainvillea by KB in PS. It's still a zero lot line home but I am thinking, with all these planned development, what can we do with a SFR? There are also few other development coming from Cal Pac homes which are also a little bigger. After reading IrvineRenter's post about "The day market died" and "Collapsing from the bottom up". It got me thinking, the home that we have, is it a small starter 3/2? If so, will we be hit both way with our home going lower a little faster then the larger home? Perhaps we should tough it out for a while? I don't think we should rent it out first as with mello roos, there is no way we can have a positive cash flow. Selling? in the current market, it will be tough also. What do you think? All comments are greatly appreciated.
Thank you all.