I got to deliver some very, very good news earlier, to my mom.
I did the prodigal back to mom and grandma's joint house last summer after getting out from a long prison bid, and I'm moving out again next week, back up to the mountains. That's neither here nor there, but at the first of next year my mom and grandma are going to be selling this house and moving into the same region I'm about to be. They're actually away on a six day scouting trip right now, checking out different areas they're interested in buying in.
The other day, my mom mentioned how our neighbor's house, which just got listed and is similar to ours, is selling for a price much higher than she would have thought. It made her wonder, what with her semi-impending, move and all, just how much HER house might fetch. But of course she hadn't had the time to look into it lol.
Well, I checked the estimated value today while I was at work... lemme put it this way.
Long story short, unless the market crashes or the world ends in the next few months (and yes, I do realize both are in fact distinct possibilities lol), when my family sells their house in this city they hate next year, they'll be able to pay off this mortgage, move to a beautiful country house in the area of their dreams, pay for THAT house in full outright...
and turn a nearly $200k profit.
Gave me the warm fuzzies to be able to give her that news.