Put my house on the market right after the first of the year. I interviewed a number of realtors. The one I selected priced the house right and it was sold in a day short of two weeks. Other homes across the street have been on the market for months; but they are probably unrealisticly priced.
You have to be real and not live in the past. It is worth what it is worth today and that is it. Tough for people who have very little equity. Fortunately I resisted the urge to sell the house at the height of the market and buy another one. Been in it for 19 years, but had to buy it a second time from the ex; but all worked out.
I am buying a home in Post Fall Idaho where my wife and I will retire. The wife just retired and I will work until the end of July or August and go myself. Prices in Idaho are really low compared to out here. Amazing how much house you can buy for less then $250K. Thought about waiting to see how much lower the prices get; but I am worried about interest rates taking a jump. I hope to lock in around 4.75 on Tuesday. Looking forward to my tax credit.
I told the wife she better really be happy with this place because we will live in it for at least the next 10 years. It is going to be a change for me as I am used to having property and all my toys parked in the shop. No room for toys at the new place and now I will have to store the boat. On the plus side I can mow the new yard in 45 minutes as opposed to the current yard at 3 hours.
Good read on the banking stuff. Good luck Rocket Red on the sale of your place.
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"90% of Life is just showing up and doing the work". Tred Barta Sr.