[quote=Scarlett]Which is why CHANCES are that we wouldn’t find something like that in 92122 or 92131 NOW. They are too expensive at they are and no, we won’t have money leftover to fix them up right away. I’d much rather put 20% down. We are ok with something like repaint or recarpet right away – which is not too expensive and it’s quick so we can move in right away, or with a dated kitchen, or some landscaping which we can do over time (but we can live with it). In general we won’t have much discretionary income that we’d spend on fixing up a house, and if we don’t we may start hating living in that house -so we’d rather buy something pretty well done (not necessarily upgraded, but relatively neat and clean)…[/quote]
I see, Scarlett. A “cosmetic fixer” might be fine, then … that is, a property that just needs a minor “face-lift” and/or some landscaping purchased. An 1800 sf SFR might work, depending on the layout.
You sound here like you want to avoid PMI (I don’t blame you there) and WOULD be willing to commute to/from the right property. As for your 30 min door-to-door requirement to/from employers, I’m not sure if this is possible on a regular basis from the areas you are mentioning here.
I was focusing on 92122 for you on another recent thread, but I had it in my mind then that you both wanted the shortest commutes possible and would take a 1600 to 2000 sf SFR which possibly might need remodeling, either immediately or at some point in the future.
