I'm about to venture on a journey to a new city, about 2 hours away. My only debt is my home....and I calculated that I could live in a new apartment and make just enough money to keep paying the mortgage on my old home.
Worst case scenario...I have enough saved up to get by for a while if things don't work out.
It's possible I could be out of here in 6 months...that doesn't leave much time to get my house "market ready"
The tile in my bathroom is falling apart...my heater is noisy...my driveway is cracked....and paint is faded in many areas.
BUT...I have a brand new deck...brand new patio...remodeled porch...and a new roof
Facing a few options here:
1. Sell house at a discount just to get rid of the headache and drama
2. Use all your free-time and spend a bit more $$ to get the biggest return possible from home sale
3. Try to find a medium...get house move in ready slowly while still paying mortgage pmt.
I'm not sure if renting my house out is an option...but if it is I will only do it to close friends/acquaintances.
Bottom line...a big of elbow grease could let me walk away with several thousand dollars...vs. breaking even (after paying realtor fees on the sale)
Anyway, just curious how some of you have dealt with these scenarios.
Worst case scenario...I have enough saved up to get by for a while if things don't work out.
It's possible I could be out of here in 6 months...that doesn't leave much time to get my house "market ready"
The tile in my bathroom is falling apart...my heater is noisy...my driveway is cracked....and paint is faded in many areas.
BUT...I have a brand new deck...brand new patio...remodeled porch...and a new roof
Facing a few options here:
1. Sell house at a discount just to get rid of the headache and drama
2. Use all your free-time and spend a bit more $$ to get the biggest return possible from home sale
3. Try to find a medium...get house move in ready slowly while still paying mortgage pmt.
I'm not sure if renting my house out is an option...but if it is I will only do it to close friends/acquaintances.
Bottom line...a big of elbow grease could let me walk away with several thousand dollars...vs. breaking even (after paying realtor fees on the sale)
Anyway, just curious how some of you have dealt with these scenarios.