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SVTPerformance's Chain of Restaurants
Road Side Pub
Stay or sell, home related
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<blockquote data-quote="Blk04L" data-source="post: 16357496" data-attributes="member: 48574"><p>First question: Nope. First house we were in there for 4 years. Sold it for ~79k gain.</p><p>Moved to another house for a "good" price and will look to sell in a year or two, hopefully for similar gains. Bought a 2,700 sf house on a quarter acre for 270k, with 15k in options, and now the base price for the home is 313k. </p><p></p><p>Could look into a 15 year loan for your next house unless the area you want to move to is pricey. We got a 30 year loan for both homes but put down more on principal every month.</p><p></p><p>It's hard to say what I would do in that situation. Age? Time till retirement?</p><p>Kids ages?</p><p></p><p>How's the prices in the new area? Over inflated already, or still seem decent for the price per sqft and the area looks prime for growth?</p></blockquote><p></p>
[QUOTE="Blk04L, post: 16357496, member: 48574"] First question: Nope. First house we were in there for 4 years. Sold it for ~79k gain. Moved to another house for a "good" price and will look to sell in a year or two, hopefully for similar gains. Bought a 2,700 sf house on a quarter acre for 270k, with 15k in options, and now the base price for the home is 313k. Could look into a 15 year loan for your next house unless the area you want to move to is pricey. We got a 30 year loan for both homes but put down more on principal every month. It's hard to say what I would do in that situation. Age? Time till retirement? Kids ages? How's the prices in the new area? Over inflated already, or still seem decent for the price per sqft and the area looks prime for growth? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Stay or sell, home related
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