Thanks for all the great reply, especially the one comment on “some ppl think property doesnt sell is because its priced too low”, that one makes me LOL.
I sure hope they wake up and adjust the price to a more reasonble one.
I have the 20% down already, but as you all said, its still too high of a monthly payment left. So I am now working on saving toward 30%. Thats going to a long way, unless they lower the price soon to 350k or lower (dreaming here).
I am also keeping an eye on Spectrum at Kearny Mesa. Their property still over priced. Like 2bd/2bath asking 378k with 1200+ sqft. I really feel those should be priced around 300k.
Oh well, need to worry about if I should move $ out of WAMU for right now. They holds all my $ for down payment there and they dont seem to be doing good at all.