Moving to CA with partner and two dogs Aug 1st, 2010. Will be working in Novato but am unsure if living in Novato is for our lifestyle. We currently live in a walkable, "hip" university neighborhood in a 2br/1ba up, 1br/1ba down, 1200 sq ft bungalow on a 50x150 sq ft lot with north facing view of the downtown and south facing sunny back yard with lots of huge mature trees. We own the home and have financing in place to borrow on the equity and some cash savings for about $700k to potentially purchase a home in CA. We would not be opposed to looking at a minor fixer project in a good neighborhood. I have been looking at Preforeclosure/Foreclosure/REO/Short Sale and hope to leverage the cash position to enable a great deal with hopefully a better return on the investment that would otherwise be had by renting and putting the money in a higher yield vehicle.