I Want to Sell my House by Owner and Buy a New House
This afternoon I had a genius idea. I decided that I want to sell our house and buy another that will fit our lifestyle a little bit better. The house we are in now is a perfect size (it’s about 1500 square feet and we don’t use two of the bedrooms plus the dining room) but is on a little less than an acre. I really want to get chickens, and we actually can because there are no ordinances against it here but it would be nice to have more property to be able to put them farther away from the house. Also, if we could get a house with more property, I could bring my horse down here, be able to have one milking goat, and any other animals I’d like. Plus, our dogs would love having more property to run on, and I could have a bigger garden to help with our dream of self-sufficiency. I’ve always wanted to live in a house with woods on the property and room to run.
However, I think it’s kind of silly to swap our house for another of the same price. Of course, I went online today to do some searching and I came across a house that’s listed for less than we should be able to sell ours for that has three bedrooms plus one bath (one less than our current house) but is on almost four and a half acres. Swoon. Of course, it looks like it needs some minor home improvement on the inside, and I’m willing to do it myself. After all, I’ve spent the past almost four years installing new flooring, tiling, painting, and replacing trim in this house. I can pretty much do any home improvements I want to do as long as I have the proper tools.
I love the idea of moving into a new house, especially one that has property that we really could use and start to live out our dreams. Our current house is awesome, but isn’t conducive to our dreams.
Benefits of Selling Our House and buying a new one
-We’d be able to have a farm with animals and have a huge garden that we’d be able to grow more of our own food. I’d be able to have a goat to milk, chickens for eggs, and bring my horse down here to live with me.
-I’d have a new challenge with painting and remodeling the house. I could decorate it completely different than our current house if I so desired.
-I’d have property to have all the animals my heart desires! I’d be living my dream!
-We could possibly get a lower rate on a new mortgage (with a shorter term than we currently have) and put more money down so we have more equity than we currently have.
Drawbacks of Selling and Moving
-It would cost us money. We don’t know how much we could get for our current house. We’d have to pay closing costs for a new mortgage which could run us $3,000 or so.
-We’d have to stress about getting this house 100% sale ready, work on showing it, keeping it clean, etc. Then we’d be stressed about selling it. Plus, who knows how long it would take to sell.
-I don’t know how long we’ll live in this state. With Mr. Money’s job, we’re pretty sure we’ll be here at least another two years. A part of me wants to make the most of the time and maybe even stay longer by buying this new house that’s more suited for our needs. Another part of me thinks it’s crazy to even consider this at all.
Tonight I think this is a fabulous idea and I’m ready to start packing to move to my dream property. The realistic part of me thinks of how crazy of an idea it sounds, and maybe we should not even consider it and focus on our current house instead.
Do you think it’s silly I’m thinking about selling our house and buying a new one?