If rent control isn't a factor and you want to force a move, you could.

As for how a commercial lender values property, Cap Rate to my understanding is just one of a few methods the factor in to valuation.

I don't think age is ever a factor, but knowledge and self control will dictate everything.

Hi Good Morning!

Good Morning BP! 

When the title company, escrow agent or attorney prepares the closing documents, they simply factor in the second mortgage payoff amount into the final distribution of funds to the seller.A second mortgage should have little or no effect on a homeowner's ability to sell her home.

In my experience, determining appreciation is really just speculation as it depends of so many factors.

Over the winter I had a water pipe burst and if you need to do the 1hr drive at night to turn off the water and deal with the issue in the morning, even that isn't that bad. 

It helped me get up in the mornings and get what I needed to do done to help my family survive. 

Again, states often have a few perks for military so looking into things like education or credentialing benefits for spouses could be a factor.