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JDee Moore
Pro Member
  • Specialist
  • Tulare, CA
48
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70
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Where can I get creditable information about my house?

JDee Moore
Pro Member
  • Specialist
  • Tulare, CA
Posted Oct 1 2014, 16:46

Hello BP fam,

With a growing family, my wife and I need a bigger place to live. Before my kids were born and before my wife and I were married, she (her name is the only name on the deed) and I bought a house with a FHA loan through Wells Fargo.

I'm as new as can be to the RE world but would like to start making the right moves going forward as REI. Being in my early 30's I would like to start educating myself and learning how to become a successful REI and starting with my own property seems like the best place to start.

  Based off the details below, what are my options and where should I go to start getting adequate information to take full advantage of my current home situation, considering the circumstances at hand? Should I move out and rent it out or flip or refinance? Help please!

Thank you BP!

Details: 

Location: Tulare, Ca (Central Valley in CA)

Single family home

3 beds (Loft/4th bedroom optional), 2.5 baths, 2 car garage, 2,400 sqft

Lot: 8,282 sqft

built in 2008 (model home)

we purchased late 2008 from builder/owner

brand new schools K-12th in walking distance

Finance details: 

Wells Fargo lender - FHA Loan

purchased for $225,506, Fixed rate 4.25% 30 yr

monthly mortgage $1605. (insurance included)

Zillow.com listed house for $257K

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