Author Topic: Selling the too big house  (Read 2164 times)

rockeTree

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Selling the too big house
« on: March 03, 2016, 06:22:57 AM »
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« Last Edit: June 04, 2021, 01:24:11 PM by rockeTree »

justajane

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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!

SeanMC

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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.

 

Wow, a phone plan for fifteen bucks!