Sometimes you get a break. In one week I close on my personal house that I had built for me in 2005. It is in Edmond, Oklahoma, a suburb of Oklahoma City that is on the North side and has excellent demographics. Despite the fact that i paid 2005 prices, I was able to sell it for more than I bought it for. This is no small feat in 2009 where markets in other parts of the country have had a monster sell off. I know that Oklahoma lacks for the scenery of the coasts, has no mountains like the Rockies, and the culture, well let's just say it is improving. But for a place to ride out the storm of economic uncertainty, it is a good place to be. I was happy to see oil on the way back up, and we are hoping natural gas will do the same. In the meantime, I am boxing up stuff to keep, but i am also enjoying the art of moving which says okay, I have moved this from three different houses so it is time for ebay.com and Craigs List. The older you get the less objects have in importance. As a recent cancer survivor I say more friends, more family, and more joy in what really matters in life. In the emantime I will take my new equity which is good, and invest it in short sale properties that make me at least $300 per month. My plans are for ten in the next two years. In an economic downturn cash is king, and I need good deal for my retirement. Oklahoma is OK.
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