Sorry Temeku, I forgot who you were, now I remember from a past thread you are the hot mom of Morgan Hill. The way you spell Temeku, I thought you were in Temeku Hills and I only made that comment because Morgan is McMillan’s other master planned community in town. You can and should ride it out but do get a re-assesment of your property taxes at some point, HLS can do it for you for a percentage of the savings if you don’t want the hassle. Morgan is a great place, just got built at the wrong time. When they hit 300 I will probably be shopping it, I just wish they would get annexed into the city and didn’t have such wicked taxes. When the market does recover, Morgan will be among the first areas to recover and since you don’t have an ARM (please say you don’t) then you will be fine sitting tight since that may be you only option since nothing is selling anyway even if you did want out of dodge. If you like it and can afford it, ride it out and avoid the transaction costs, since it is too late to sell high and buy back later, that ship sailed. What’s a 100 grand between friends?
