so, you are under the threat of your $100k Equity land turning into $300k to $500k land?
Oh, the horror of it.

This is almost as bad as the threat of California killing Prop13 and putting little old ladies on the streets... because they cant afford the taxes if their homes no longer are taxed as $60k but at the market value of $1.3mil. Yeah, we should feel bad for the homeless Newport Beach grannys that have to sell and have a check for $1.3mil in their sad poor homeless pockets.

2nd Mortgage? Heck no, RE-FINANCE to pull equity rather than borrow against it.
Same or lower payments, extended term, with tens of thousands $ in your poket.
Need $20k-$40k of shelters rebuilt, but only have $100k of equity?


I cant believe there is a club upset that Urban Sprawl
might thrust a half million unwanted dollars into their hands in the next few years.
I would suggest buying a Lotto Ticket, but it appears you have already won.