In fact, they've been house hunting for so long they've even started playing "open house" at home. Really! They set up boxes on the floor, then one kid said, "ding dong, you have sign? Me come see you house?" The other one said, "no, too dirty, me vacuum first." LOL
Real estate in the Los Angeles area is expensive. Exorbitant. Some might even say unreasonable. And yet, we've decided to throw our hats into the ring and purchase here as well.
Why, you might ask? I'll tell you.
For realz, people! We decided that we might as well make a mortgage payment for as much as we're spending on rent. The other option would be to move from our (expensive) apartment to a slightly less expensive rental, but we still want to buy eventually and moving with two little people is no joke. (We just did it last year, you know!) So, we sold the condo we owned in Seattle and now we're ready to buy here. We're hoping that the market doesn't totally tank right after we make a purchase, but one never knows.
It is hard to believe how quickly properties get snatched up and how much they wind up selling for. We are finally ready to put in our first offer on a house in the next couple of days. I am not overly optimistic about our chances of winning the bidding war. It seems like everyone I ask around here put offers on 5-10 properties before they finally got one. Maybe this will just be our warm up offer. The house is pretty cool, though, so I'll keep my fingers crossed.
Things I've learned about real estate in California (perhaps in general):
- Be super skeptical of homes without many photos online
- "California basement" is a polite term for "den of spiders and rodents"
- You could hire 21 different types of professionals to inspect your property, if you so desired
- Always pan up on Google Street View to check for giant power lines overhead
- It's hard to thoroughly inspect a property during an open house when your children are running amok
- There are way too many factors to consider in the home buying process. It is overwhelming!
- People who write home descriptions like the words/phrases "exclusive," "rare," "in-demand," and "don't miss out"
- There is no point in describing your listing in the Glendale/Pasadena area as "close to shops, restaurants, and schools" because that literally describes every home around here, as long as by "close" you mean "within a couple miles"
Hopefully before too long, we'll have a new nest to feather. Until then, we'll keep perching here in our cozy apartment. (Actually, not cozy. That's a code word for tiny. I should describe this apartment as spacious and well-appointed, in the highly-sought-after city of Pasadena!)
