Should I sell my home in Tracy, CA? 
There are several appropriate answers to this question....I'm only going to give one answer here.... more to come.
First - WHY? Why are you wanting to sell?
Simple question however your answer can make a difference on the answer.
IF you are selling because you have equity and the $800,000 house that you wanted to buy in 2002 is now on the market for $400,000 - yes 50% off. It might be time to sell. Yes I know you bought your house 10 years ago, and at one time it was appraised at $500,000... however you didn't refinance or take money out... so now your house will sell for $250,000... a 50% difference -- HOWEVER do the simple math --- the difference is you save $150,000 by buying now, as opposed to buying in 2002.
If you had paid $800,000 -- now can buy $400,000 -- difference $400,000
Current property was "worth" $500,000 less 50% $250,000 -- difference $250,000
so $400,000 - $250,000 = a SAVINGS OF $150,000. - WE DIDN'T EVEN TALK ABOUT THE DIFFERENCE IN WHAT YOUR HOUSE PAYMENT WOULD BE....
Are you ready to buy your dream home? Do you have equity? Call me - let's see what your dollar can buy you.
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