Bimmerbill
Thinks s/he gets paid by the post
- Joined
- Jan 26, 2006
- Messages
- 1,645
I've posted before about my emotional attachment to my house. I guess I am severly risk adverse as well, prefering to stay put and entrenched in familiar routines and avoid big decisions.
Anyways, I think I need to move. I don't really want to. So I thought I'd post to get some feedback.
I live 35 miles away from work and the commute takes about 1 to 1.5 hours each way.
This wasn't bad for the past 4 years as my wife was home to watch DD. Wife is now moved out and working full time. DD goes to school 3 times a week and I'm the responsible parent trying to be home/arrange someone to be home at 2PM when school lets out.
Anyways, if I sell my house and move close to work a lot of my problems would be solved.
Pros:
save 2 hours commuting each day
save associated car expenses (maint, gas, insurance, wear and tear)
Can take advantage of base facilities (gym, commissary, free movies, bowling, marina)
can take advantage of daycare and school care program
may be cheaper?
Closer to town/city so more things to do, more convienent.
no lawn work, snow blowing, etc (if I rent)
Cons:
real estate market is down so can't sell too high- may break even?
change in DDs school
change in school districts (need to research new school districts)
won't live next to my brother anymore
possible noisy apt/condo?
state sales tax? I alreay pay state income tax
Looks like I can get a nice 2 bedroom place for $1K to $1300 a month (some with heat). Current mortgage is $1350. So, I could save some cash moving and renting.
I think I could sell my place for a slight profit, or even break even. Not sure how long it would take to get out of this real estate funk.
I guess I could rent my house, but unsure if I have the time for that. Also, would not want my place ruined by bad tenents.
I've lived at my house since 1993 and have pretty much remodeled the whole place a little bit at a time. Owe $156K, tax value around $210K, fair market may be $190-$200K judging by other local sales. Stil needs some work, so I'd have to discount it a bit, or do the work.
Pretty sure I could just sell it and break even, move and have no debts.
Would you do it? From a quality of life standpoint it seems a no brainer, if I could find a good school for my DD (I'd have to research special ed in the surrounding towns and pick one with a good autism program).
Anyways, I think I need to move. I don't really want to. So I thought I'd post to get some feedback.
I live 35 miles away from work and the commute takes about 1 to 1.5 hours each way.
This wasn't bad for the past 4 years as my wife was home to watch DD. Wife is now moved out and working full time. DD goes to school 3 times a week and I'm the responsible parent trying to be home/arrange someone to be home at 2PM when school lets out.
Anyways, if I sell my house and move close to work a lot of my problems would be solved.
Pros:
save 2 hours commuting each day
save associated car expenses (maint, gas, insurance, wear and tear)
Can take advantage of base facilities (gym, commissary, free movies, bowling, marina)
can take advantage of daycare and school care program
may be cheaper?
Closer to town/city so more things to do, more convienent.
no lawn work, snow blowing, etc (if I rent)
Cons:
real estate market is down so can't sell too high- may break even?
change in DDs school
change in school districts (need to research new school districts)
won't live next to my brother anymore
possible noisy apt/condo?
state sales tax? I alreay pay state income tax
Looks like I can get a nice 2 bedroom place for $1K to $1300 a month (some with heat). Current mortgage is $1350. So, I could save some cash moving and renting.
I think I could sell my place for a slight profit, or even break even. Not sure how long it would take to get out of this real estate funk.
I guess I could rent my house, but unsure if I have the time for that. Also, would not want my place ruined by bad tenents.
I've lived at my house since 1993 and have pretty much remodeled the whole place a little bit at a time. Owe $156K, tax value around $210K, fair market may be $190-$200K judging by other local sales. Stil needs some work, so I'd have to discount it a bit, or do the work.
Pretty sure I could just sell it and break even, move and have no debts.
Would you do it? From a quality of life standpoint it seems a no brainer, if I could find a good school for my DD (I'd have to research special ed in the surrounding towns and pick one with a good autism program).