Skip to main content

Thoughts on my plan (CA)

I bought my home in 2020 for around 660k in a really great location with one of the best school districts in Southern California. We’ve put nearly 100k into the home in updating it ie kitchen, bathrooms, hvac, new roof, tons of other upgrades. I have the opportunity to sell the home after two years and live with my parents paying a small amount of rent while I finish up my degree and my wife works on her masters. I could leave my job and live off my GI bill for school. A realtor we had over wants to list our home at 1.1 million based on comps and location. On one hand we think it’s a great opportunity to save and be ready to buy once housing gets a little less crazy on top of some other pros such as having the support of family with our two kids under 4. On the other hand, we don’t know if the amount we would make would be worth losing our low interest rate, privacy/ plot of land, as well as being so close to family lol. What are your guys’ thoughts on this?

submitted by /u/Madeup251432
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/vehd39/thoughts_on_my_plan_ca/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more