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UCGal
ParticipantIs it a townhouse or a single cvmom would be moving to?
I assumed a single with similar mello-roos and HOA. (She said a few blocks away.)
As far as property tax… cvmom – if you or your husband are over 55 – you can transfer your prop 13 tax rate to the smaller house because it is a lower price. (Can’t transfer it to a higher priced place, has to have one owner be over 55.)
Given you have kids in school – odds are you and hubby aren’t old enough to qualify – but since our household qualified – perhaps yours does. (I got married later, and married someone even older than me.)
ParticipantIs it a townhouse or a single cvmom would be moving to?
I assumed a single with similar mello-roos and HOA. (She said a few blocks away.)
As far as property tax… cvmom – if you or your husband are over 55 – you can transfer your prop 13 tax rate to the smaller house because it is a lower price. (Can’t transfer it to a higher priced place, has to have one owner be over 55.)
Given you have kids in school – odds are you and hubby aren’t old enough to qualify – but since our household qualified – perhaps yours does. (I got married later, and married someone even older than me.)
ParticipantThe idea of being mortgage free is very attractive. I’m aggressively paying on my mortgage in hopes of achieving that goal.
As far as downsizing… I guess it depends on your family and the house you’re moving to. If you’re moving from a two story with large entry halls, curving staircases, etc… to a one story, open plan… You get some benefit of eliminated wasted space. (You can’t live on a staircase – and most folks don’t use their entry foyers as living spaces.)
If the yard/outdoor space in the new/smaller place is comparable – that will help with the transition.
Look hard at your furniture – is it the oversized stuff that is so common now? That will make the rooms seem smaller. I’ve noticed that furniture styles like you find at Ashleys tend to be HUGE – designed for the tract-mcMansions. Smaller scale used to be easier to find. If your furniture is large – it will be harder to transition to a smaller house.
Only YOU know if you’ll adjust to a smaller house. With 1300 sf you probably have one just one living space – not a separate living room/family room setup… do you need separate space for the kids? Is your formal living room used much now?
To answer your specific questions:
1) We bought from my father – no lawyer or realtor – but we used a title company. It was fine. A lawyer reviewing the sales contract is a good idea.2) If priced right – it will sell. If priced too high, it won’t. I notice there aren’t too many houses on your street – so no good comps… If you want to be under contract in 30 days – you’ll need to price at or slightly below market price. Don’t just count on Zillow for pricing. It’s notoriously inaccurate at times.
3)I don’t know.
4) I think it’s a great idea to be mortgage free. It gives you options and you are no longer a slave to the house payments. It makes the stress of possible job reductions easier. I’m a fan.
5)It’s possible. It’s possible to even be happy doing it. My husband is one of 6 kids (so 8 in the family) – they grew up in a 1200 sf row house… He didn’t know they were being abused and were supposed to feel deprived. We lived in a 1500 sf house before we bought my dad’s house… and had my in-laws in with us for part of the time. We were happy. It’s what you make of it.
ParticipantThe idea of being mortgage free is very attractive. I’m aggressively paying on my mortgage in hopes of achieving that goal.
As far as downsizing… I guess it depends on your family and the house you’re moving to. If you’re moving from a two story with large entry halls, curving staircases, etc… to a one story, open plan… You get some benefit of eliminated wasted space. (You can’t live on a staircase – and most folks don’t use their entry foyers as living spaces.)
If the yard/outdoor space in the new/smaller place is comparable – that will help with the transition.
Look hard at your furniture – is it the oversized stuff that is so common now? That will make the rooms seem smaller. I’ve noticed that furniture styles like you find at Ashleys tend to be HUGE – designed for the tract-mcMansions. Smaller scale used to be easier to find. If your furniture is large – it will be harder to transition to a smaller house.
Only YOU know if you’ll adjust to a smaller house. With 1300 sf you probably have one just one living space – not a separate living room/family room setup… do you need separate space for the kids? Is your formal living room used much now?
To answer your specific questions:
1) We bought from my father – no lawyer or realtor – but we used a title company. It was fine. A lawyer reviewing the sales contract is a good idea.2) If priced right – it will sell. If priced too high, it won’t. I notice there aren’t too many houses on your street – so no good comps… If you want to be under contract in 30 days – you’ll need to price at or slightly below market price. Don’t just count on Zillow for pricing. It’s notoriously inaccurate at times.
3)I don’t know.
4) I think it’s a great idea to be mortgage free. It gives you options and you are no longer a slave to the house payments. It makes the stress of possible job reductions easier. I’m a fan.
5)It’s possible. It’s possible to even be happy doing it. My husband is one of 6 kids (so 8 in the family) – they grew up in a 1200 sf row house… He didn’t know they were being abused and were supposed to feel deprived. We lived in a 1500 sf house before we bought my dad’s house… and had my in-laws in with us for part of the time. We were happy. It’s what you make of it.
ParticipantThe idea of being mortgage free is very attractive. I’m aggressively paying on my mortgage in hopes of achieving that goal.
As far as downsizing… I guess it depends on your family and the house you’re moving to. If you’re moving from a two story with large entry halls, curving staircases, etc… to a one story, open plan… You get some benefit of eliminated wasted space. (You can’t live on a staircase – and most folks don’t use their entry foyers as living spaces.)
If the yard/outdoor space in the new/smaller place is comparable – that will help with the transition.
Look hard at your furniture – is it the oversized stuff that is so common now? That will make the rooms seem smaller. I’ve noticed that furniture styles like you find at Ashleys tend to be HUGE – designed for the tract-mcMansions. Smaller scale used to be easier to find. If your furniture is large – it will be harder to transition to a smaller house.
Only YOU know if you’ll adjust to a smaller house. With 1300 sf you probably have one just one living space – not a separate living room/family room setup… do you need separate space for the kids? Is your formal living room used much now?
To answer your specific questions:
1) We bought from my father – no lawyer or realtor – but we used a title company. It was fine. A lawyer reviewing the sales contract is a good idea.2) If priced right – it will sell. If priced too high, it won’t. I notice there aren’t too many houses on your street – so no good comps… If you want to be under contract in 30 days – you’ll need to price at or slightly below market price. Don’t just count on Zillow for pricing. It’s notoriously inaccurate at times.
3)I don’t know.
4) I think it’s a great idea to be mortgage free. It gives you options and you are no longer a slave to the house payments. It makes the stress of possible job reductions easier. I’m a fan.
5)It’s possible. It’s possible to even be happy doing it. My husband is one of 6 kids (so 8 in the family) – they grew up in a 1200 sf row house… He didn’t know they were being abused and were supposed to feel deprived. We lived in a 1500 sf house before we bought my dad’s house… and had my in-laws in with us for part of the time. We were happy. It’s what you make of it.
ParticipantThe idea of being mortgage free is very attractive. I’m aggressively paying on my mortgage in hopes of achieving that goal.
As far as downsizing… I guess it depends on your family and the house you’re moving to. If you’re moving from a two story with large entry halls, curving staircases, etc… to a one story, open plan… You get some benefit of eliminated wasted space. (You can’t live on a staircase – and most folks don’t use their entry foyers as living spaces.)
If the yard/outdoor space in the new/smaller place is comparable – that will help with the transition.
Look hard at your furniture – is it the oversized stuff that is so common now? That will make the rooms seem smaller. I’ve noticed that furniture styles like you find at Ashleys tend to be HUGE – designed for the tract-mcMansions. Smaller scale used to be easier to find. If your furniture is large – it will be harder to transition to a smaller house.
Only YOU know if you’ll adjust to a smaller house. With 1300 sf you probably have one just one living space – not a separate living room/family room setup… do you need separate space for the kids? Is your formal living room used much now?
To answer your specific questions:
1) We bought from my father – no lawyer or realtor – but we used a title company. It was fine. A lawyer reviewing the sales contract is a good idea.2) If priced right – it will sell. If priced too high, it won’t. I notice there aren’t too many houses on your street – so no good comps… If you want to be under contract in 30 days – you’ll need to price at or slightly below market price. Don’t just count on Zillow for pricing. It’s notoriously inaccurate at times.
3)I don’t know.
4) I think it’s a great idea to be mortgage free. It gives you options and you are no longer a slave to the house payments. It makes the stress of possible job reductions easier. I’m a fan.
5)It’s possible. It’s possible to even be happy doing it. My husband is one of 6 kids (so 8 in the family) – they grew up in a 1200 sf row house… He didn’t know they were being abused and were supposed to feel deprived. We lived in a 1500 sf house before we bought my dad’s house… and had my in-laws in with us for part of the time. We were happy. It’s what you make of it.
ParticipantThe idea of being mortgage free is very attractive. I’m aggressively paying on my mortgage in hopes of achieving that goal.
As far as downsizing… I guess it depends on your family and the house you’re moving to. If you’re moving from a two story with large entry halls, curving staircases, etc… to a one story, open plan… You get some benefit of eliminated wasted space. (You can’t live on a staircase – and most folks don’t use their entry foyers as living spaces.)
If the yard/outdoor space in the new/smaller place is comparable – that will help with the transition.
Look hard at your furniture – is it the oversized stuff that is so common now? That will make the rooms seem smaller. I’ve noticed that furniture styles like you find at Ashleys tend to be HUGE – designed for the tract-mcMansions. Smaller scale used to be easier to find. If your furniture is large – it will be harder to transition to a smaller house.
Only YOU know if you’ll adjust to a smaller house. With 1300 sf you probably have one just one living space – not a separate living room/family room setup… do you need separate space for the kids? Is your formal living room used much now?
To answer your specific questions:
1) We bought from my father – no lawyer or realtor – but we used a title company. It was fine. A lawyer reviewing the sales contract is a good idea.2) If priced right – it will sell. If priced too high, it won’t. I notice there aren’t too many houses on your street – so no good comps… If you want to be under contract in 30 days – you’ll need to price at or slightly below market price. Don’t just count on Zillow for pricing. It’s notoriously inaccurate at times.
3)I don’t know.
4) I think it’s a great idea to be mortgage free. It gives you options and you are no longer a slave to the house payments. It makes the stress of possible job reductions easier. I’m a fan.
5)It’s possible. It’s possible to even be happy doing it. My husband is one of 6 kids (so 8 in the family) – they grew up in a 1200 sf row house… He didn’t know they were being abused and were supposed to feel deprived. We lived in a 1500 sf house before we bought my dad’s house… and had my in-laws in with us for part of the time. We were happy. It’s what you make of it.
ParticipantI work in Sorrento Valley and have a few coworkers who live in Chula Vista. Their commute is almost an hour – and that’s with coming in very early (before 7) and leaving early.
Just wanted to point that out.
ParticipantI work in Sorrento Valley and have a few coworkers who live in Chula Vista. Their commute is almost an hour – and that’s with coming in very early (before 7) and leaving early.
Just wanted to point that out.
ParticipantI work in Sorrento Valley and have a few coworkers who live in Chula Vista. Their commute is almost an hour – and that’s with coming in very early (before 7) and leaving early.
Just wanted to point that out.
ParticipantI work in Sorrento Valley and have a few coworkers who live in Chula Vista. Their commute is almost an hour – and that’s with coming in very early (before 7) and leaving early.
Just wanted to point that out.
ParticipantI work in Sorrento Valley and have a few coworkers who live in Chula Vista. Their commute is almost an hour – and that’s with coming in very early (before 7) and leaving early.
Just wanted to point that out.
Participant[quote=briansd1][quote=captcha]
You solve a lot of problems by avoiding them.[/quote]I agree.
So we honor people like Elizabeth, or Emma, the daughter or girlfriend of the developer. In the new tract developments, the builders pick street names.[/quote]
Total hijack with trivia about my ‘hood…
One thing I like about South UC – Older parts are named after noble prize winners…
Branting, Erlanger, Pavlov, Gullstrand, Dirac, Millikan, Stresemann, Soderblom, Gobat, Cozzens, Werner
Mostly scientists. It was part of the “university” theme of the development when it was first built… the main roads were Governor and Regents – very collegiate. The idea of the development was that it would house faculty and staff from UCSD… even though, at the time, there was no good way to get from UC to UCSD without backtracking to Clairemont.
The original neighborhoods – which are on both west and east sides of South UC have these nobel inpsired street names… stuff built in the late 60’s onward don’t.
Participant[quote=briansd1][quote=captcha]
You solve a lot of problems by avoiding them.[/quote]I agree.
So we honor people like Elizabeth, or Emma, the daughter or girlfriend of the developer. In the new tract developments, the builders pick street names.[/quote]
Total hijack with trivia about my ‘hood…
One thing I like about South UC – Older parts are named after noble prize winners…
Branting, Erlanger, Pavlov, Gullstrand, Dirac, Millikan, Stresemann, Soderblom, Gobat, Cozzens, Werner
Mostly scientists. It was part of the “university” theme of the development when it was first built… the main roads were Governor and Regents – very collegiate. The idea of the development was that it would house faculty and staff from UCSD… even though, at the time, there was no good way to get from UC to UCSD without backtracking to Clairemont.
The original neighborhoods – which are on both west and east sides of South UC have these nobel inpsired street names… stuff built in the late 60’s onward don’t.
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