Paid about $250,000 in the mid-80's... always felt like I paid too much
I even told the family that bought the house they were f--king insane.
If dying with a mortgage is your dream, enjoy suckers.
We live in the bay area. We'll stay here probably until we retire. However, we will have made a lot of money and will be able to use that money during retirement.
My brothers' bought houses in Texas and have never made any money off of their houses.
We sold our first California home for $850K. We bought it for $325K around 10 years before. We bought our new house for 1.1 million about 2 years ago, and we could probably sell it for 1.3 million today.
I hope, of course that you waited until after they signed.
Welcome to FR.