Yes, is a single-family home we’d be moving to, not attached. No Mello-Roos or HOA, same as other area. When I mentioned “The Heights”, I think that this the name of the area I live in (Pine Meadow Ct), not a condo subdivision. For property tax, we would be paying about the same as our current place, FLU is correct.
And “friend” was probably the wrong characterization of the seller–“acquaintance” would be more accurate. Not mixing friendship and business, I don’t think, this would be purely business.
There are no second mortgages or other ATM-like transactions on the first house…
One option I suppose would be to keep the Pine Meadow Ct house and rent it…then we’d have an escape valve if the 1300 sq ft proved to be non-workable. But I have to say, I’m leaning more and more towards taking the leap…please talk me down if you think it is a huge mistake!
