It's also hard to call if RE prices will fall - but I feel comfortable saying with a pretty high degree of certainty that RE appreciation will at least decelerate in CA, the Bay Area, (and LA!)

@Laine Furukawa  if this is going to trustee sale. you will have to have cash there in form of cashiers cheque.. then once you get your trustee's deed you can do your refinance.

I'm hoping to accomplish it in LA in the next year but wow... such a hard endeavor.

@lain StuartWelcome to the BP community.

@Laine Fury- Interesting!

Bought my home Dec31 2020 in Van Nuys, CA (Los Angeles) for $586k. (5% down, 2.99%)Seeing very similar homes in my neighborhood (with even worse specs/curb appeal) going for high $800+ as of 2021.Not ready to move on yet, but just trying to plan ahead, as I'm considering relocating outside of LA in the next few years, and will need to capture some of that appreciation gain to make a healthy downpayment on the next home.

I run str's in Lake Tahoe and LA.

We decided to purchase a home outside of Fort Polk, LA, in 2016, and I recently sold it.

@Bryan LaIn person and then follow up with a letter in the mail is what I would do.It is more personal, you want to treat them well and in person lets you feel out if they will be a problem or not.

I’m looking forward to interacting with you all on the forums and hopefully a few people local to LA in person too.