Like the title says I am thinking of moving either to Texas, Iowa, Idaho, or North Carolina from Southern California. I would like to know which state you recommend moving to and why. It will be my girl friend and 3 kids. My situation “catch 22” the house where we live in was bought for us by my parents in March of 2012 it is not paid for we have been paying for it ever since, the down payment was put down by my parents. The price was $340,000 the deposit was $130,000 the house is now worth $600,000 so the plan was to file a quit claim deed and put the house under our name might still might happen not sure depending on if/when we move. Now I am not sure but I “heard” if you have over $500,000 in equity you don’t have to pay back the remaining on the house either way if that is so great if not we were thinking of having my parents sell the house while at the same time they get their $130,000 loan back and we move out of state. With the remaining I was thinking of buying a house cash and invest the rest.
Background….
ME: Associates of Science in HVACR (Heating Ventilation Air Conditioning Refrigeration)
I no longer do HVACR it was during the recession and now I am in the Manufacturing Industry job title Machinist and have been doing it for a year now. Went through a 7 month schooling training program for Machinist.
HER: Bachelors in Business Administration
Currently works in a call center started off as an operator, then moved up to lead, supervisor, assistant manager and now currently the manager. Some of her expertise includes accounts management, product management, employee management, billing, quality management.
I would like to get your input as far as what you would do or recommend and also like I mentioned earlier what state and why. Any feedback would be highly appreciated thank you.
