Help… Should we sell, or stay???

[Enorah]

Rustico, your willingness to share yourself is beautiful. I hope that you see yourself as a healer in this way.

[sdduuuude]

I’m going to add “6%” transaction costs as another reason to stay in the home.

A refi sure gives you alot here. The choice is – go to a mortgage broker and sign on the dotted line, or incur the cost and hassle of buying, selling, and moving. The refi gives you instant relief and a nicer place to live. I also think that living in a smaller house can make you feel cramped and be more stressed.

I think a refi is more in-line with following the “take care of yourself” and “lower stress” path. Few things are more stressful and less fun than moving.

So you have to work a bit longer to pay off the longer mortgage. If you make your work lifeeasier, and possibly even enjoyable, then working for another 10 years may not be so bad.

This is a conclusion I have come to recently. I could work my ass off to reitre earlier, but I kind of enjoy what I do and I only work 40 hours a week. 10 more years of it would be – not so bad. If you can get your work life to a happy place, you may feel the same.

[sdduuuude]

I’m going to add “6%” transaction costs as another reason to stay in the home.

A refi sure gives you alot here. The choice is – go to a mortgage broker and sign on the dotted line, or incur the cost and hassle of buying, selling, and moving. The refi gives you instant relief and a nicer place to live. I also think that living in a smaller house can make you feel cramped and be more stressed.

I think a refi is more in-line with following the “take care of yourself” and “lower stress” path. Few things are more stressful and less fun than moving.

So you have to work a bit longer to pay off the longer mortgage. If you make your work lifeeasier, and possibly even enjoyable, then working for another 10 years may not be so bad.

This is a conclusion I have come to recently. I could work my ass off to reitre earlier, but I kind of enjoy what I do and I only work 40 hours a week. 10 more years of it would be – not so bad. If you can get your work life to a happy place, you may feel the same.

[sdduuuude]

I’m going to add “6%” transaction costs as another reason to stay in the home.

A refi sure gives you alot here. The choice is – go to a mortgage broker and sign on the dotted line, or incur the cost and hassle of buying, selling, and moving. The refi gives you instant relief and a nicer place to live. I also think that living in a smaller house can make you feel cramped and be more stressed.

I think a refi is more in-line with following the “take care of yourself” and “lower stress” path. Few things are more stressful and less fun than moving.

So you have to work a bit longer to pay off the longer mortgage. If you make your work lifeeasier, and possibly even enjoyable, then working for another 10 years may not be so bad.

This is a conclusion I have come to recently. I could work my ass off to reitre earlier, but I kind of enjoy what I do and I only work 40 hours a week. 10 more years of it would be – not so bad. If you can get your work life to a happy place, you may feel the same.

[sdduuuude]

I’m going to add “6%” transaction costs as another reason to stay in the home.

A refi sure gives you alot here. The choice is – go to a mortgage broker and sign on the dotted line, or incur the cost and hassle of buying, selling, and moving. The refi gives you instant relief and a nicer place to live. I also think that living in a smaller house can make you feel cramped and be more stressed.

I think a refi is more in-line with following the “take care of yourself” and “lower stress” path. Few things are more stressful and less fun than moving.

So you have to work a bit longer to pay off the longer mortgage. If you make your work lifeeasier, and possibly even enjoyable, then working for another 10 years may not be so bad.

This is a conclusion I have come to recently. I could work my ass off to reitre earlier, but I kind of enjoy what I do and I only work 40 hours a week. 10 more years of it would be – not so bad. If you can get your work life to a happy place, you may feel the same.

[sdduuuude]

I’m going to add “6%” transaction costs as another reason to stay in the home.

A refi sure gives you alot here. The choice is – go to a mortgage broker and sign on the dotted line, or incur the cost and hassle of buying, selling, and moving. The refi gives you instant relief and a nicer place to live. I also think that living in a smaller house can make you feel cramped and be more stressed.

I think a refi is more in-line with following the “take care of yourself” and “lower stress” path. Few things are more stressful and less fun than moving.

So you have to work a bit longer to pay off the longer mortgage. If you make your work lifeeasier, and possibly even enjoyable, then working for another 10 years may not be so bad.

This is a conclusion I have come to recently. I could work my ass off to reitre earlier, but I kind of enjoy what I do and I only work 40 hours a week. 10 more years of it would be – not so bad. If you can get your work life to a happy place, you may feel the same.

[NotCranky]

Thanks Enorah. I am pretty average in the “helping others” department. It could be worse, of course. I am grateful to know that,here and there,it has been effective towards the betterment of someone’s life to share my hard won insights…or just let them know I have been there too.

Hats off to the OP for posting that his situation was more than a business deal…and to the Piggs for being cool about it.

[NotCranky]

Thanks Enorah. I am pretty average in the “helping others” department. It could be worse, of course. I am grateful to know that,here and there,it has been effective towards the betterment of someone’s life to share my hard won insights…or just let them know I have been there too.

Hats off to the OP for posting that his situation was more than a business deal…and to the Piggs for being cool about it.

[NotCranky]

Thanks Enorah. I am pretty average in the “helping others” department. It could be worse, of course. I am grateful to know that,here and there,it has been effective towards the betterment of someone’s life to share my hard won insights…or just let them know I have been there too.

Hats off to the OP for posting that his situation was more than a business deal…and to the Piggs for being cool about it.

[NotCranky]

Thanks Enorah. I am pretty average in the “helping others” department. It could be worse, of course. I am grateful to know that,here and there,it has been effective towards the betterment of someone’s life to share my hard won insights…or just let them know I have been there too.

Hats off to the OP for posting that his situation was more than a business deal…and to the Piggs for being cool about it.

[NotCranky]

Thanks Enorah. I am pretty average in the “helping others” department. It could be worse, of course. I am grateful to know that,here and there,it has been effective towards the betterment of someone’s life to share my hard won insights…or just let them know I have been there too.

Hats off to the OP for posting that his situation was more than a business deal…and to the Piggs for being cool about it.

[Blissful Ignoramus]

Reading all of the comments on the last couple of pages (not to say they aren’t interesting, thought-provoking and useful!) I repeat what I said on the first page: we really aren’t in a position to give good advice based on the information Homeschool has given us. We’re talking about a huge set of decisions across the entire spectrum of life here. There is no way we can know all of the particulars.

What I think we CAN support is his thinking that he would be well-served by making some personal and financial decisions for the benefit of his health and family, and that he is in a strong economic position to make those decisions.

So, IF this idea about downsizing his home is a good one, here might be the steps;

1. Identify an area where you can purchase in cash (or close to it) a home that you and your family are going to happy with. Don’t saddle yourself with an hour of commuting in each direction or something crazy like that. Check here to see if your impressions about your targeted areas are are correct.

2. Price your house to sell in the current market.

3. Carefully go through the process of selling, shopping and buying.

Good luck!

[Blissful Ignoramus]

Reading all of the comments on the last couple of pages (not to say they aren’t interesting, thought-provoking and useful!) I repeat what I said on the first page: we really aren’t in a position to give good advice based on the information Homeschool has given us. We’re talking about a huge set of decisions across the entire spectrum of life here. There is no way we can know all of the particulars.

What I think we CAN support is his thinking that he would be well-served by making some personal and financial decisions for the benefit of his health and family, and that he is in a strong economic position to make those decisions.

So, IF this idea about downsizing his home is a good one, here might be the steps;

1. Identify an area where you can purchase in cash (or close to it) a home that you and your family are going to happy with. Don’t saddle yourself with an hour of commuting in each direction or something crazy like that. Check here to see if your impressions about your targeted areas are are correct.

2. Price your house to sell in the current market.

3. Carefully go through the process of selling, shopping and buying.

Good luck!

[Blissful Ignoramus]

Reading all of the comments on the last couple of pages (not to say they aren’t interesting, thought-provoking and useful!) I repeat what I said on the first page: we really aren’t in a position to give good advice based on the information Homeschool has given us. We’re talking about a huge set of decisions across the entire spectrum of life here. There is no way we can know all of the particulars.

What I think we CAN support is his thinking that he would be well-served by making some personal and financial decisions for the benefit of his health and family, and that he is in a strong economic position to make those decisions.

So, IF this idea about downsizing his home is a good one, here might be the steps;

1. Identify an area where you can purchase in cash (or close to it) a home that you and your family are going to happy with. Don’t saddle yourself with an hour of commuting in each direction or something crazy like that. Check here to see if your impressions about your targeted areas are are correct.

2. Price your house to sell in the current market.

3. Carefully go through the process of selling, shopping and buying.

Good luck!

[Blissful Ignoramus]

Reading all of the comments on the last couple of pages (not to say they aren’t interesting, thought-provoking and useful!) I repeat what I said on the first page: we really aren’t in a position to give good advice based on the information Homeschool has given us. We’re talking about a huge set of decisions across the entire spectrum of life here. There is no way we can know all of the particulars.

What I think we CAN support is his thinking that he would be well-served by making some personal and financial decisions for the benefit of his health and family, and that he is in a strong economic position to make those decisions.

So, IF this idea about downsizing his home is a good one, here might be the steps;

1. Identify an area where you can purchase in cash (or close to it) a home that you and your family are going to happy with. Don’t saddle yourself with an hour of commuting in each direction or something crazy like that. Check here to see if your impressions about your targeted areas are are correct.

2. Price your house to sell in the current market.

3. Carefully go through the process of selling, shopping and buying.

Good luck!

[Author]

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