Why sell? I'm more focused on paying off my house and am a year or two out from doing so. Then you can buy another place whenever the time is right and have two houses without any pressure.
Well, for one, we have two other completely paid off homes. Other than that, we plan to take the equity in this home and downsize. If it works out, the new home will be mostly paid off. We won't be enduring any capital gains taxes.
Our house went under contract this week. We're now renters for the next six months. Right out of the gate, we're having to sue the landlords, though! LOL Film @ 11.
Met with my financial advisor today. Guy is a fucking whiz, could never have retired without him. Property company that manages house I have rented for 23 years is trying to push me out. We think I can swing buying a small house. Just need a good kitchen, space for my books and a yard. Doesn't have to be as big as current garden.
Sold our house for more money than we wanted out of a potential sale without even putting it on the market. Buying a slightly bigger (but brand new house) a mile down the street. My total debt stays the same through the sale and purchase, we avoid about $30K in known expenses coming due on this old house in the next 3-5 years, and walk away with a chunk of change. I can feel good about that, even though I'm going to miss this old house.
The rental house was advertised with an outdoor kitchen/living area and a hot tub. Well, the hot tub turned out to be broke and irreparable, and the grill doesn't work, either. We wanted a discount on the rent. The owners said no deal to the repairs/replacement and no rent discount. We really had no choice.
At least Northern California. My cousin and his husband are buying a house in Sebastopol where costs are lower. I would consider that but preference is more central. Oakland and Berkeley are expensive but Hayward to the south or Richmond to the north possible. We are at very preliminary. My lease runs through next summer and I hope to have something lined up then.
I lived in the Sierra foothills around the Grass Valley/Nevada City area and loved it....lot of culture and diversity and great place to have cats and a garden..not that far from the bay area...about like Eugene to Portland distance
Grass Valley is where Tektronix used to design and build their switchers used by all TV broadcasters.
You forgot to mention that your buyers are fleeing Grass Valley after having to evacuate numerous times because of fires……..
It's a very liberal community...one of the most diverse you'll find in a smaller city outside the bay area....I think you'd like it.
