Sorry to hear about your bother. I bought a house at the end of a Cul-de-sac in Whittier 2 years ago. Most of the people on the block are retired. I pay $2000 a month with very low interest. If I would of waited till this year I would be paying $4000 a month. My house double in value and I have a half an acre back yard. I'm never selling this house. If worst came to worst I could put another house behind mine.
wow. 2000 a month sounds so high. i guess it is more expensive to live there than here in washington state. my brother owns a place up in morton.he paid 45,000 and it has 2 acres, two living rooms, two baths, a rec room , pool and barn. he rents it out. we had thought about buying it, but i dont like living where the closest neighbor is miles away. lol
With all the house going up so high it's better to buy ASAP. If I bought my house this year I'd have to work two jobs just to make ends meet. I'd buy the house with the two acres if I was you. Where I live all the house have a 10X14 backyard. I was just lucky to find a house with alot of square footage. I get realters once a week at my house trying to buy it. I tell them I'd be stupid to sell. I already know what will happen. Someone will come in and put apartments.
Prices are just way out of wack. I don't understand why they go so high. I think someone aught to cut the price and tell everyone there homes are now priced as they were 40 years ago and will stay there.
My brother may be moving back to my town. He is going to do an emergency transfer is what my sister told me. Still in projects but a better neighborhood.