Quote:
Originally Posted by carambola
would i be wrong if i said "it looks like you are getting ready to sell"
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In about 5 years I'm looking to sell and retire. I'm thinking of moving to some where out of CA. (Idaho comes to mind) so I figured out that I might as well spruce it up now and enjoy it for a few years , and sell it while it still looks OK.
Then I'll put it on the Market and sell it , hopefully for stupid Los Angeles money. During the heights of the real estate boom it was valued at about a million, now about $750,000; maybe in 5 years, I can sell it for a million (again stupid LA money). I bought for $333,000 16 years ago, so I'm still ahead. I'm looking to pay off the 3.15% mortgage in about 4 years, about a year before I "retire".