Real estate is still booming. I’m not sure where people are getting the money but it’s a good time to sell. We sold our house two years ago for an all time high price but now that same house is valued at 25-30% more. We moved to a lower cost state and got more for less.After two years of repairs and improvements, house sale is pending. Got full price, all cash, 45 day escrow, no contingencies. Starting to pull stuff from garage to temporary storage. Septic inspector Monday, house inspector Thursday. We are very satisfied.
Real estate is still booming. I’m not sure where people are getting the money but it’s a good time to sell. We sold our house two years ago for an all time high price but now that same house is valued at 25-30% more. We moved to a lower cost state and got more for less.
We really lucked out, I think. We sold our California house in July 2020 for a huge profit (I bought it in 1989). We were able to put a significant down payment on a house in a lesser cost state. We got a good interest rate for a small mortgage on the new place but I made a huge mistake...My wife was on the deed but the loan was strictly in my name. If something were to happen to me, there is a federal survivors rule that says the bank should refinance the mortgage for the survivor but this didn't make me feel very good. We ended up refinancing the mortgage a year ago to get her on the mortgage. The interesting thing is that the interest rate had dropped to 2.9%! This is the lowest I remember it being in my lifetime. It actually was a Blessing that it happened that way. I remember mortgage interest rates being as high as 18% and 6% was considered good in normal times.I'm just making sure everywhere I would move is generating a report for when the interest rates aren't insane.
I'm reading up about black walnut hull uses. Since I will be working with black walnuts this fall and making dye for my floor tile grout (and wood staining). I thought I would look into making my own hull extract for medicinal use. It's amazing how many beneficial uses it has. The medicinal extract is apparently made from green hulls.
We really lucked out, I think. We sold our California house in July 2020 for a huge profit (I bought it in 1989). We were able to put a significant down payment on a house in a lesser cost state. We got a good interest rate for a small mortgage on the new place but I made a huge mistake...My wife was on the deed but the loan was strictly in my name. If something were to happen to me, there is a federal survivors rule that says the bank should refinance the mortgage for the survivor but this didn't make me feel very good. We ended up refinancing the mortgage a year ago to get her on the mortgage. The interesting thing is that the interest rate had dropped to 2.9%! This is the lowest I remember it being in my lifetime. It actually was a Blessing that it happened that way. I remember mortgage interest rates being as high as 18% and 6% was considered good in normal times.
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