Thursday, October 21, 2010

phew!!! its tough

i am getting gray hair already thinking about where i would be bunking in about two weeks.

i am moving to California from Connecticut. i was living in a small town in seymour which was 75 miles from new york city.

right now i am looking for some houses i.e. single family houses (SFH) and dyamn they are expensive in santa clara county. i put an offer for 405,000$ for 2 bedroom house in Milpitas, CA and i got outbid by 6 (six) other potential buyers and my bid was the lowest... . so lets see when this listing is going to go in contract. for 33 years old 1200 sq ft 2 bedroom house that was all i was willing to go for http://www.redfin.com/CA/Milpitas/1034-Matterhorn-Ct-95035/home/568017. its still listed.. and they might be counter offering... talk about slow real estate...

now i have two choices or should i say three

(1) rent... now i need 3 bedroom so renting is going to cost me about 1900 (plus)
this is why i am looking @ buying some place. not sure if that is truly worth or not... i will find that in time....

based on my budget ... i can
either
(1) buy a condominium/town house in around santa clara
or (2) move to tracy or even manceta and buy a decent house for the same price...

its a dilemma..... i am wrestling with. i will know more when i head to tracy tomorrow. will see if i like the neighbourhood .... to live there for i don't know how long but definitely for long enough to be willing to commute 1.5 hrs each way :)

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