The o.p.'s earlier post says this is a "2nd home". If I had a home in California.....from which several couples we know have moved here to get OUT of their falling home values that once were $900,000 but now are $350,000 "if you can find a buyer".....I would not make a contract to buy a $500k+ premier one here until the first one is sold. Or I'd buy a nice villa here for about $200k.
And I would not air on the web my personal money-management skills or lack thereof.
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