- Joined
- Nov 17, 2015
- Messages
- 14,054
It's not the pain of moving that would discourage me, but shopping right now. If you look in where your desired next home would be, prepare for sticker shock, and/or low availability. Your ideal next home is likely not available, or far more than you expect. So then what?
You agree to some premium price, and prepare to sell, and get ready to move. A month passes, you close, and now you're ready... Guess what? That next home is now another 10% more, and the only ones available are the smaller lots with no view. So you figure you'll rent for a few months, except you have to pay a year of renting, and now move twice. And while you wait, the prices go up another 10-20%.
That's why I wouldn't sell without a plan right now. And in lieu of that I'd say, we're not moving for the near future, but if we ever do, I'll let you have first dibs.
That said, I've often thought I might buy the house next door to us if the stars aligned. We're two homes on a corner, and they back onto us. But I wouldn't rent it or want to live in it, I would just hold onto it for investment and to avoid noisy neighbors moving in.
You agree to some premium price, and prepare to sell, and get ready to move. A month passes, you close, and now you're ready... Guess what? That next home is now another 10% more, and the only ones available are the smaller lots with no view. So you figure you'll rent for a few months, except you have to pay a year of renting, and now move twice. And while you wait, the prices go up another 10-20%.
That's why I wouldn't sell without a plan right now. And in lieu of that I'd say, we're not moving for the near future, but if we ever do, I'll let you have first dibs.
That said, I've often thought I might buy the house next door to us if the stars aligned. We're two homes on a corner, and they back onto us. But I wouldn't rent it or want to live in it, I would just hold onto it for investment and to avoid noisy neighbors moving in.