Moving Soon!

Yes, the blog post title is correct...we're moving soon! My daughter, got accepted as a freshman at UC Davis, which is about an hour and 15 minutes away from where we live here in Oakley, CA. Since she prefers not to live on campus, originally, we looked at possibly renting in or near Davis, CA.  The long drive can be brutal for a college student, especially since she doesn't "technically" drive yet. She's also going to have a rigorous major-- taking premed majoring in Genetics. So, commuting is out of the question.

We looked at Davis and the prices, even for a small apartment, are quite staggering. Then, we looked at nearby cities and towns, which include Dixon, Sacramento (North Natomas), Woodland, and Vacaville, CA. Since she's still an underage when she enters college, we cannot leave her on her own. It was a conscious decision for our family to move along with her. So, we shifted gears to buying a second home instead of just renting one.

If the market is not as it is right now, which is down, we would have been contemplating on selling our current home; however, we may rent it out so we can pay its mortgage. If you or anyone you know may be interested in a 5-bedroom, 4.5 baths, with 3-car garage, two-story home, please contact me. It's quite spacious with over 4,200 sqft. The lot size is over 10,000 sq ft. Lots of room to sprawl. The house has a huge kitchen with stainless steel appliances. There's a huge island at the center where you can concoct your next gourmet meal. There is a formal living/dining room combo with high (22-foot) ceilings. We'll leave the built-in speakers in the family room. The laundry area is on the second floor. There's a guest room/office downstairs. This is available for rent in mid July to early August.

As for our new home, all I can tell you for now is that it's going to be in Vacaville, CA. The location is highly desirable, near all conveniences, and easy access to the freeway. The commute to UC Davis is only 18 minutes each way off of I-80. I'll be starting a new blog for the new home to chronicle the building of the home from the ground up. Yes, we are getting a brand new home. We tried for a while to look at resale homes-- regular sale, shortsale, and foreclosures, but we've been outbidded way to many times on the homes within our price range (upto $350K max) because there's plenty of competition. I think the market is picking up. FHA still offers a very competitive price and interest rate, which is much lower than conventional loan. Furthermore, at 3.5% down and lots of credits from the builder, we're able to afford a new home at the location that is highly sought after.

So, watch out for the link to the new blog. I will keep this blog going. I know that I had been so busy that I haven't been able to blog here lately. I promise to at least update once a month.