Skip to main content

Tustin and Irvine

Hi,

I have been looking for a home for over a year in Tustin and Irvine region. I am looking for a 3-4 bed home. I feel like I keep getting priced out as I wait, trying to see if the price will stabilize or have a correction. I started by looking at homes around $600-$800K range but now I am looking at $800K-$1M range.

I max my retirement contributions, my income is stable $300K, I have 20% down, I will be staying in Irvine or Tustin for the foreseeable future so this is where I want to buy.

I am wondering, do I continue to wait or do I overbid up to what I am comfortable making monthly payment so that I can at least enter the market, keep that home for a few years and build equity where I can choose to rent out or sell and roll it into my next home.

I have bid aggressively and have had 1 offer accepted in Tustin. The home was listed for $945K, I bid $975K then got a counter and bid $1,015,000 and got the offer accepted. I am wondering if I am overpaying so much that I will lose on this property.

Thank you for your help :)

submitted by /u/meiomi0
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/roay4l/tustin_and_irvine/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more