Damn today my house appraised at $605K, 100k more then last year.
 

I love Orange County, :thumbsup

I got it for $510,000 and one year later (now) it's at $605,000. That's like a good salery just in profits from house.

Today is a good day :pimp

sell....

nice work, property is where its at

fucking awesome!

Expect a nice increase in property taxes also

That's what I thinking and moving to Arizona and buying a mansion for the same price. :1orglaugh

nice man, i know a few people that roll homes.. keep them for a year and upgrade.
Good money in it, need the right area for the max effect like whistler :).

Our house went up $175,000 in the 24 months we've owned it.

Unreal.

umm why would you get it re-appraised unless you intended to sell it soon or at least take out some credit on it?

I love the fact the county still has my house appraised low. I know better of course but I do not want the tax increase.

good for you, bud..good news

exactly, are you planning on selling the house?

I wouldn't want that unless you were going to be selling it soon. Now you just have to pay more in property taxes. The price increase costs you more money unless you turn around and sell the property.

my parents house was bought at 300k and after 4 years is worth 600k+

this housing bubble is frightening.

I want to combine my first and second, I bought with no money down last year with 80 20 split.

But now I'm thinking about selling, can't get much higher for being a standard four bedroom pool house in my area.

Hmmm

I also like long beach maybe I will sale and bump over to there, somewhere on the beach. I'm in HB right now.

My house went up by 130k in the last 10 months :)

DH

Damn, it's still dark ouside here..

wow nice :thumbsup :thumbsup

Yea in 5 yrs you will not be able to afford the taxes at that rate and have to move.
But don't worry you could always step down and pay some other fool 5 times the price of his smaller house. Is'n it great.

nice to hear. that's a lot, man. good for you.

Is this spot taken yet ? OK, thanks..

nice profit until you need to pay 30% of the profit to the government :\

Our house went from $800k in 1989 to 3.8 million in 2004 when we sold...taxes sucked balls