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**Viafdrear** · 05-17-2012, 02:57 AM

Purchased my home in 1996 for $250K, current value $650K current loan amount $180K, I really should sell and move up to Fraiser Park. I could get a place with an acre for about $150K and have $320K in my pocket which I could use to start a business or invest in whatever I wanted. Unfortunately, my motivation level is close to zero these days.

You need to sell and GTFO of California while prices are still high. Take your profits. The whole state is up shit creek financially and the only thing the politicians can think of doing is to raise taxes even more. Once the state goes bankrupt it will be too late. House prices will plummet.

05-17-2012, 02:57 AM	#18
Viafdrear Join Date Oct 2005 Posts 474 Senior Member	Purchased my home in 1996 for $250K, current value $650K current loan amount $180K, I really should sell and move up to Fraiser Park. I could get a place with an acre for about $150K and have $320K in my pocket which I could use to start a business or invest in whatever I wanted. Unfortunately, my motivation level is close to zero these days. You need to sell and GTFO of California while prices are still high. Take your profits. The whole state is up shit creek financially and the only thing the politicians can think of doing is to raise taxes even more. Once the state goes bankrupt it will be too late. House prices will plummet.
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