Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
What to do with 300K from house sale and a 6 month building time.
Old 05-03-2006, 07:13 AM   #1
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Posts: 2,119
What to do with 300K from house sale and a 6 month building time.

Maybe be the house is sold, got a good offer.

I however will wait until I close on this place and move to a friends place before I purchase a new home. I really do not want any more stress with having this deal fall thru and having to pay two mortgages.

When I have the check in hand after closing then I will put my retirement papers in, and buy the new place .

I guess it all makes sense.

Man this is stressful.

We saw some really nice places in NC but they have no attorney review time and most contracts that are signed are non refundable. Contingencies seem rare also. Hey if I must stay with friends and family and vacation this summer oh well. I do not want the added stress of laying out 10 15 grand until I close next month.
__________________

__________________
newguy88 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: What to do with 300K from house sale and a 6 month building time.
Old 05-03-2006, 07:30 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: What to do with 300K from house sale and a 6 month building time.

Is there some reason you wouldn't want to rent for a year where you are thinking about buying?
__________________

__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: What to do with 300K from house sale and a 6 month building time.
Old 05-03-2006, 08:10 AM   #3
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Posts: 2,119
Re: What to do with 300K from house sale and a 6 month building time.

Quote:
Originally Posted by brewer12345
Is there some reason you wouldn't want to rent for a year where you are thinking about buying?
I would rent in a hot min, however the wife is set on living in the raleigh area, her family is down there and I will be working until jan 1 , 2007 up here anyway.

I figure if she wants to buy a house and really move only once well I will accept her thoughts. It really does not bother me.

There are some real nice places and financially we would be set with no mortgage.

Who knows. I just know that I think I sold my smoke and mirrors suburban over priced high mortgaged house for a crazy price. Gonna take the money and run.
__________________
newguy88 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
List your house for sale in the MLS for free! wabmester FIRE and Money 2 04-12-2007 12:57 PM
"10 easy steps to FSBO your house" Nords FIRE and Money 4 06-01-2006 01:36 PM
Pricing the house for sale -- aarghhh! Caroline FIRE and Money 31 05-05-2006 08:11 AM
Building house for first time questions boutros Other topics 13 01-09-2006 12:29 PM
Where to Park Mom's House Sale $$? SteveR FIRE and Money 12 12-20-2005 09:05 AM

 

 
All times are GMT -6. The time now is 05:55 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.