2006-07-07 18:47:08 · 10 answers · asked by Islandbabe 1 in Home & Garden ➔ Decorating & Remodeling
The housing market is stagnant currently, so it's the wrong time to sell, unless you are willing to sell at a reduced price from what you could have sold it for if you sold last year. You could take the equity and buy a bigger home at a good price. You lose on selling but you gain on buying.
2006-07-07 19:26:04 · answer #1 · answered by virtualyfunny 4 · 0⤊ 0⤋
As a parent, I would want to consider whether or not my kids would have to change schools if I relocated. If your kids are younger than school-age, that at least removes that obstacle.
I would talk to your city's planning department to find out if it is even possible to add on to your existing home, and by how much. If that's an option: 1) get estimates on how much adding on would cost you, 2) have a realtor give you market value of your home, 3) find out how much it would cost to buy a house the size you want, 4) make a list of pros and cons of both staying and moving - financially, work involved, impact on kids and family, etc.
Hopefully, this will clarify what it is that's most important to you and your family; and make a decision much more clear.
2006-07-15 04:29:52 · answer #2 · answered by katnkaboodle 3 · 0⤊ 0⤋
Talk it over with the rest of the family members and vote on it. If you can sell your home for a good price then go for it. I would definitely list mine first before I put any bids on another and see what happens. I outgrew mine the day I moved in. I need a room for shoes and a seperate room for clothes. If you are not comfortable there, by all means, move if you can.
2006-07-17 07:13:19 · answer #3 · answered by pretty_brown_eyes 6 · 0⤊ 0⤋
It does no longer damage to ask. you're nevertheless a minimum of $7,000 larger than you pick to be. maximum REO vendors received't settle for a contingent furnish firstly. so that you've got here upon an truly versatile REO broking. If the $8,000 hit you only took prevents you from acquiring the non-public loan to purchase next living house then you definately can kill the REO deal putting forward you could't get a private loan. Have your lender furnish you a denial letter.
2016-11-30 20:31:42 · answer #4 · answered by jacka 3 · 0⤊ 0⤋
The market is not right now to sell. Stay there and gradually fix the house up to just like you would want it if it was to be yours permanently. Then if you want to sell, it will bring more money, and if you should need to stay it will be as you like it.
2006-07-20 14:30:36 · answer #5 · answered by a_phantoms_rose 7 · 0⤊ 0⤋
Stay in the house to build up your equity.
2006-07-15 04:19:12 · answer #6 · answered by Padme 5 · 0⤊ 0⤋
Buy a new house.
2006-07-19 17:54:27 · answer #7 · answered by Anonymous · 0⤊ 0⤋
extend
2006-07-21 03:11:37 · answer #8 · answered by bobsie_bobsie 2 · 0⤊ 0⤋
extend
2006-07-16 17:06:05 · answer #9 · answered by ang 4 · 0⤊ 0⤋
How big is the house. How big is the lot. are you happy there.
2006-07-07 18:52:43 · answer #10 · answered by Eddie 1 · 0⤊ 0⤋