Tuesday, March 09, 2010

migration

Maybe I'm an optimist but I do believe that 2010 is the year that things turn around for us... and now I've put my wallet (and life savings) on the line to prove it. Last week V and I decided to buy a new house up in the Hayward Highlands. Right now it's still just a dirt lot on a hill, but in about 6 to 8 months our new home will be built and it's going to be very exciting to move into a bigger house. It's so big, the builder Toll Brothers doesn't just refer to them as homes, they are "estate" homes.

This is by far the biggest purchase we've ever made (eclipsing our current home by more than double the price) so it's really going to be a test of our financial strength. But it's all about risk vs. reward and we think it's worth the stretch. We've lived in our current home for 7 years, and this will be our home for probably the next 7 or more... and there's plenty of room so I doubt we'll outgrow this one. So here's hoping that in 7 years we are sitting on a big fat pile of equity.

Anyways we are pretty excited about moving to our new home, but some changes are in order before that happy day... we need to keep saving money to make our dream a reality and we plan to try and sell our current home very soon and move temporarily into an apartment to save even more as our home is built. It's certainly a real shakeup and turn of events for me, but I hope in the end it is worth it.

No comments: