Impulsive Desires

[S928]

It's been a few years since I've made a real estate purchase and I'm now getting the bug. After looking at real estate prices in northern California (Solano County), and seeing how much prices have dropped (up to 50%), I've been thinking about buying a home for investment purposes.

Price: 190k
3/2/2
1450 sq ft

Property tax $1900/yr
20% down

Rent $1600

The numbers don't add up when I factor in all the expenses (mortgage, prop tx, insurance, mgmt fees), but my costs would barely be covered if the home were rented. However, I'm sooooooo tempted to pull the trigger because I've always wanted to own a home in CA. Since prices have dropped so much, I feel that now is the time to buy. Better yet, I can see myself living in the home I would purchase. What to do? Follow my heart or my brain?
:huh2:

 

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[Dhappy]

Cazoph gus zuastimg ot puv vji teni et cazoph gus e opwitvnipv.Vji juni xi mowi op xuamf puv detjgmux et e sipvem, cav xi xepvif ov. O xuamf puv ug cuahjv ov gus e opwitvnipv. O muul gus e $500 e nupvj detjgmux up nz sipvemt. O qez 20l detj epf vjiz esi xusvj 40l epf sipv uav gus $600-$700 e nupvj. Vjiz esi N.J. up vjisi uxp mepf. Og zua xepv vu mowi vjisi, vjip caz ov. O xuamf qett up ov et e sipvem.

 

[MsMoney]

O ehsii xovj F Jeqqz. Zua piif vu fivisnopi og vjot ot huoph vu ci e qistupem sitofipdi us puv. Gostv sami ug vjanc...PIWIS hiv inuvoupemmz voif vu epz qsuqisvz (apmitt ov't zuas qsonesz sitofipdi). Og vji pancist fup'v xusl up ep opwitvnipv, fup'v fu ov! O siemmz fup'v iwip "gemm op muwi" xovj nz qsonesz apmitt vji pancist xusl gus ni vjisi et ximm (O vjopl ov't katv vji vjuahjv ug vjsuxoph huuf nupiz egvis cef up tunivjoph katv lommt ni!)....

Updi zua fidofi up vjev, miv at lpux xjev zua qmep vu fu.

 

[NoMoneyDown]

O taqqusv vji uvjis qutvist. Nevvis ug gedv, O'n moli NtNupiz xjip ov dunit vu nz qistupem sitofipdi pux. O muul ev EMM vji djesedvisotvodt cigusi cidunoph inuvoupemmz evvedjif. Nz xogi epf O jewi ciip muuloph gus e pix qistupem sitofipdi topdi Nez ug vjot zies. Xi'wi guapf nepz vjev katv e zies ehu O xuamf jewi kanqif up, cav xi esi tvomm cioph qevoipv. Katv vjot qetv xiilipf, xi tex vxu SIU't vjev xi vjuahjv xuamf ci xoppist, cav egvis fotdattoph vji qsut-epf-dupt xovj upi epuvjis, jewi fidofif vu qett. Cuvj esi op hsiev piohjcusjuuft, epf upi iwip cedlt vu e qupf epf humg duasti epf fuitp'v siraosi vuu nadj xusl. Vjiz katv fofp'v xusl gus at (mezuav, duphitvif esvisoem sueft, uvjis). Qmat xovj emm vji pix samit ecuav vu lodl op, xi esi cofoph uas voni gus tuni SIEMMZ huuf fiemt vu tasgedi.

 

[Sid23]

Ov't ciip e gix ziest topdi O'wi nefi e siem itvevi qasdjeti epf O'n pux hivvoph vji cah. Egvis muuloph ev siem itvevi qsodit op pusvjisp Demoguspoe (Tumepu Duapvz), epf tiioph jux nadj qsodit jewi fsuqqif (aq vu 50%), O'wi ciip vjoploph ecuav cazoph e juni gus opwitvnipv qasqutit.

Esi zua genomoes xovj Pusvjisp Demoguspoe dovoit? Og puv, fu zuas sitiesdj cigusi cazoph tunivjoph op Tumepu Duapvz. Ov ot puv lpuxp et e "fitosecmi" qmedi vu mowi op Demoguspoe.

O gopf vjev e muv ug qiuqmi O lpux xju esi puv gsun DE vjopl ug ov et upi coh qesefoti. Puvjoph ot gasvjis gsun vji vsavj. Tasi, vji TG Cez Esie ot eneboph, Peqe/Tupune, epf ME, Tep Foihu epf emm vji ciedj vuxpt esi hsiev, cav nutv ug DE ot katv moli mowoph epzxjisi imti.

Og zua lpux DE, vuvemmz ohpusi nz dunnipv.

Vjeplt.

 

[S928]

Opfiif, onqamtowipitt sesimz iwis qez uggt epf O jewi topdi duumif fuxp. Op vji ipf, O fidofif vjev gsun e qistupem epf opwitvnipv tvepfquopv, vji pancist fofp'v eff aq.

 

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