We are thinking about selling our house. Well thinking is not really the correct term. We have a realtor coming on Wednesday to see how much we can get for it right now. We were thinking that with the first time home buyer tax credit ending in a couple months, maybe just putting the house out there would be a good idea. I like my house, it is nice and big and roomy for a large family. It is two houses up from my mom, which makes morning coffee visits very easy. However, we need the equity that is in our house to pay down some of the other debt we have. We are probably one of the few households that still have equity in their homes after the disaster that is the Great Recession.
We also have some land that we have equity in...of course land is definitely not selling right now. The fact that we have both is great...the fact that we can't afford both...really really bad :-) So, we have come to the conclusion to try and sell them both and see which way God leads. Part of me really wants to sell the house, move into an apartment, and build a smaller house on our land. It would give us some much needed debt relief, and it would also help me in my ever constant quest to simplify.
Maybe I just can't stay in one place for too long, hence the constant moving of furniture and rooms in my current house. Will it be difficult to move to a smaller house, well I am assuming yes, but I think it would be rewarding too. Obviously this is the worst time to be putting my house on the market, and maybe if I waited 5 years, we would have more equity, the house would be completely finished and more attractive to a buyer. But maybe if we wait the economy will be worse and we won't be able to sell the house...or the land...and we will continue to be stuck.
I am kind of excited though, to see what happens next. Will we move into my mom's again? Highly unlikely, but you never know what kind of sacrifices you will make for financial security :-) All that being said, if someone has a great desire to buy our lovely home in central Maine (someone like my brother and sister-in-law perhaps), let me know :-) Or if a couple of acres of land sounds right up your alley, again, let me know! Otherwise, we are going to be cleaning, organizing, and trying to hide all the toys Emma has accumulated in the past 21 months! Wish us luck!
Monday, February 8, 2010
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It's definitely worth trying! Put it out there and see where God takes it....He's always good at providing some sort of an answer, even if it's not always the answer that we want. ;-) Keep us posted on the endeavor!
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