Want to sell. Wondering how the fires will impact Southern California home prices for the next few years?
I live in coastal Southern California well south of the fires. I’ve been thinking of selling my house but my husband is against it, and I understand why. We have a 3.25% interest rate. Our home is desirable because it’s historic and has low taxes. It’s a duplex and the rent would cover the mortgage but unless we Airbnb (not allowed where I live but some do it anyway) we wouldn’t make money on it. I want to use the money from selling to purchase an income generating property and live outside of the US. We don’t have kids and I don’t plan to come back and live in the US. I know this sounds crazy to most people but I’m not most people. We can’t afford to move if we don’t have the equity from the house. I’m worried about the future and can’t shake the feeling that I need to sell and leave. Worried about the timing and market given the fires. Also, afraid to make a bad decision and would love advice.
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source https://www.reddit.com/r/RealEstate/comments/1i08zer/want_to_sell_wondering_how_the_fires_will_impact/
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