It Works For Them

Although I grew up in San Diego, my folks have chosen to retire in Las Vegas.  Seems weird I know, but the benefits of moving to Las Vegas were just too good to pass up.  Obviously, living in San Diego is crazy expensive.  The other factor is that just going to the store for a gallon of milk was a long, traffic jammed chore.  Really, the area the live in feels very much like San Diego, warm, palm trees, sunny, but just without the ocean. And let's just say it, although I love the beach, but my folks weren't planning on spending their retirement years swimming at the beach.  A huge thing that moved them to Las Vegas was the house.

They would have been paying on the house in San Diego throughout their entire retirement.  In Las Vegas, they paid for the home out right.  No house payment.  Short sale San Diego was no deal, whereas, short sale las vegas was quite the deal.

A short sale is a property that sells for less than the balance owing on its mortgage.   A mortgage balance that is greater than the market value of the home, is not going to happen in California.  The value in the land alone in San Diego makes this impossible.  So Las Vegas showed great promise.  Like I said, they just bought it outright.  No loan.  No house payment.  The area they moved to is beautiful and you can't even see the strip.

Honestly, having spent so many years at my Mom and Dads, in San Diego, when I walk I'm in their house, I still feel like I'm in San Diego.  There's just no beach... which works for them.

This is a sponsored post for Schwartz Law Firm, however, all the points and views are my own.