Monday, May 29, 2006

Housing...

Two weeks ago Aya and I went to look at the new homes on the Bluffs at Westchester. Initially, the homes were going to sell for less than a million dollars. A million dollars was still out of our price range but if the house was nice we said we would try to find a way to make it work.

Open house started at 10:00 and when we got there at 10:30 the place was packed and almost all the parking spots were already taken. There was two sets of homes available, 3 at the lower end price and 3 at the higher end price. We checked out all 6 homes and Aya and I really enjoyed one house. It was everything that we look for in other homes. We decided to look into the asking price....$1.7 million dollars!

As we were leaving we were thinking who can afford $1.7 million dollars?? I broke out the mortgage calculator for fun and said 500k down what would my payments be....$11,000 a month! OUCH! The home was nice....but not 11k nice.

It was the first time Aya and I talked about moving out of state for a better house.

6 comments:

Anonymous said...

hmmm... well, what's a mere 1.7 million on a house compared to the few hundred thousand on a ferrari you want... ;)

Anonymous said...

Does that $11,000 per month include property taxes, insurance, utilities, HOA and maintenance?

employee_8 said...

eff-

the ferrari is much cheaper than the house.

tom-

yup, property tax and HOA. insurance and maintenance are seperate.

Anonymous said...

why not just move to orange county?

employee_8 said...

melissa-

orange county is too far from my job and ayako's job.

with my parents now watching JT it helps to stay on the westside.

Anonymous said...

that makes sense to stay close to your parents.

too bad LA is becoming the next NYC.