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You should keep the money in the house. Real estate is the safest investment there is, although I wouldn't necessarily take the appraiser's estimate as gospel. You might find it hard to sell a house for 68% more than you paid 24 months ago. Any real estate agent paying attention is going to know that and try to push down your selling price with that information. And that's the best way to recoup your money. Paying 6.12% on money earning 5% is a good way to lose money. The equity that you have in your home is your savings at this point. Don't worry about CD's and the like at this point - there's plenty of time for that later.
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"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." - B. Franklin
"There ought to be limits to freedom." - George W. Bush
"We have met the enemy and he is us." - Pogo
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