The Mustachian Forum
Welcome,
Guest
. Please
login
or
register
.
Did you miss your
activation email
?
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News:
Home
Help
Search
Login
Register
The Money Mustache Community
»
Learning, Sharing, and Teaching
»
Real Estate and Landlording
»
Selling the too big house
« previous
next »
Print
Pages:
1
Author
Topic: Selling the too big house (Read 2164 times)
rockeTree
Bristles
Posts: 252
Selling the too big house
«
on:
March 03, 2016, 06:22:57 AM »
.
«
Last Edit: June 04, 2021, 01:24:11 PM by rockeTree
»
Logged
justajane
Handlebar Stache
Posts: 2146
Location: Midwest
Re: Selling the too big house
«
Reply #1 on:
March 03, 2016, 06:41:11 AM »
Yes, it was worth it! Once you factor in lower taxes, presumably lower utilities, and lower maintenance costs, there's no chance you're not going to come out ahead. Well done!
Logged
SeanMC
Stubble
Posts: 152
Re: Selling the too big house
«
Reply #2 on:
March 03, 2016, 07:52:14 AM »
It is the right choice, and it does feel lousy.
I wish I had the magic formula for the psychology of it. Loss of equity didn't feel better to me when I didn't have to write the check with the loss at sale (the loss already existed because I spent money on the house that vanished and never came back when I sold). In my case, I had purchased and closed on the house in 2008 less than 2 weeks before the crash. :(
You can look forward to the relief of being done with the house and sale + the increased savings moving forward from much lower expenses in housing/utilities.
Logged
Print
Pages:
1
« previous
next »
The Money Mustache Community
»
Learning, Sharing, and Teaching
»
Real Estate and Landlording
»
Selling the too big house