second time home buyer. looking for advice

NEW -> Contingent Buyer Assistance Program
Thanks all for the responses.. didnt know MR was tax deductible, will look into it.. it sort of changes a few equations if it is.

I love the X-Y axis way of doing things.. going to try ... just might help me get un-confused :D

Most of the new constructions coming up seem to be of zero-lot line.. is that a correct observation? or are they just very very close to each other  :D
 
Homeownerconfused said:
Thanks all for the responses.. didnt know MR was tax deductible, will look into it.. it sort of changes a few equations if it is.

I love the X-Y axis way of doing things.. going to try ... just might help me get un-confused :D

Most of the new constructions coming up seem to be of zero-lot line.. is that a correct observation? or are they just very very close to each other  :D

The tax deductible is a gray area.. but seems like you can deduct it.  Even says it on Turbo Tax.  CA tried to stop it.. but the IRS said it was okay.  So there you have it.
 
Homeownerconfused said:
Thanks all for the responses.. didnt know MR was tax deductible, will look into it.. it sort of changes a few equations if it is.

I love the X-Y axis way of doing things.. going to try ... just might help me get un-confused :D

Most of the new constructions coming up seem to be of zero-lot line.. is that a correct observation? or are they just very very close to each other  :D

Zero lot was a fad around 2009-2010 but petered out (for good reason).  I think builders just went with the detached condo and short setback plan since that time.
 
not sure if zerolot was a fad, the builders were just pushing the limits and seeing if any suckers would bite
 
qwerty said:
not sure if zerolot was a fad, the builders were just pushing the limits and seeing if any suckers would bite

When I first read your sentence I read it as "zerolot was a fa---g" ... then I read the rest of it.  But for about 1/2 a second there I was really mad at you Mr. Qwerty.  Just thought I'd let you know.  8)
 
ZeroLot said:
qwerty said:
not sure if zerolot was a fad, the builders were just pushing the limits and seeing if any suckers would bite

When I first read your sentence I read it as "zerolot was a fa---g" ... then I read the rest of it.  But for about 1/2 a second there I was really mad at you Mr. Qwerty.  Just thought I'd let you know.  8)

Unless your name is california court, I wouldn't bash another TI member. When I was writing that I wondered if you would misinterpret that so I actually almost typed "zerolot type homes" and then I thought, zerolot is too smart to misinterpret my statement and left it as is :-)
 
qwerty said:
When I was writing that I wondered if you would misinterpret that so I actually almost typed "zerolot type homes" and then I thought, zerolot is too smart to misinterpret my statement and left it as is :-)

I still think you wanted to give me an English reading comprehension test.  :P
 
Irvinecommuter said:
Homeownerconfused said:
Thanks all for the responses.. didnt know MR was tax deductible, will look into it.. it sort of changes a few equations if it is.

I love the X-Y axis way of doing things.. going to try ... just might help me get un-confused :D

Most of the new constructions coming up seem to be of zero-lot line.. is that a correct observation? or are they just very very close to each other  :D

Zero lot was a fad around 2009-2010 but petered out (for good reason).  I think builders just went with the detached condo and short setback plan since that time.

I never understood why people would ever want a Zerolot property.  Did everyone forget that "good fences make good neighbors"?
 
Fences and neighbors?  My friend Bob once wrote this about the same topic.

"Something there is that doesn?t love a wall,
That sends the frozen-ground-swell under it,
And spills the upper boulders in the sun;
And makes gaps even two can pass abreast.
The work of hunters is another thing:
I have come after them and made repair
Where they have left not one stone on a stone,
But they would have the rabbit out of hiding,
To please the yelping dogs. The gaps I mean,
No one has seen them made or heard them made,
But at spring mending-time we find them there.
I let my neighbor know beyond the hill;
And on a day we meet to walk the line
And set the wall between us once again.
We keep the wall between us as we go.
To each the boulders that have fallen to each.
And some are loaves and some so nearly balls
We have to use a spell to make them balance:
"Stay where you are until our backs are turned!"
We wear our fingers rough with handling them.
Oh, just another kind of out-door game,
One on a side. It comes to little more:
There where it is we do not need the wall:
He is all pine and I am apple orchard.
My apple trees will never get across
And eat the cones under his pines, I tell him.
He only says, "Good fences make good neighbors."
Spring is the mischief in me, and I wonder
If I could put a notion in his head:
"Why do they make good neighbors? Isn't it
Where there are cows? But here there are no cows.
Before I built a wall I?d ask to know
What I was walling in or walling out,
And to whom I was like to give offense.
Something there is that doesn?t love a wall,
That wants it down." I could say "Elves" to him,
But it's not elves exactly, and I'd rather
He said it for himself. I see him there
Bringing a stone grasped firmly by the top
In each hand, like an old-stone savage armed.
He moves in darkness as it seems to me,
Not of woods only and the shade of trees.
He will not go behind his father's saying,
And he likes having thought of it so well
He says again, "Good fences make good neighbors."
 
I also met this same Bob  :) and I too enjoyed his stories. I especially liked his story about the road not taken.

"Two roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth;

Then took the other, as just as fair,
And having perhaps the better claim,
Because it was grassy and wanted wear;
Though as for that the passing there
Had worn them really about the same,

And both that morning equally lay
In leaves no step had trodden black.
Oh, I kept the first for another day!
Yet knowing how way leads on to way,
I doubted if I should ever come back.

I shall be telling this with a sigh
Somewhere ages and ages hence:
Two roads diverged in a wood, and I?
I took the one less traveled by,
And that has made all the difference."
 
I didn't know Your friend Bob wrote about neighbors and fences.  Thanks for sharing.  So it was Bob that coined that phrase.
 
Check out some if the older homes in northwood that have been completely updated.  Your kids will go to NHS and you get more for your money.
 
Homeownerconfused said:
Thanks @paperboyNC ... did go to the open house for 15 Camarin (upon a friends insistence) .. loved it.. almost temped to move to foothill :) ... one of the reason seeking advice cause it got us thinking about the homes we are getting Irvine in the same price range.

:) I am from South east Asia .. and dont mind any kind of people who are friendly and welcoming .. used to live in Huntington before we moved to Irvine.. loved it there..

Hello Homeownerconfused, have you thought of looking for homes in other areas like Aliso Viejo.  Good schools, evening ocean breezes and very nice community.
 
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