Thinking of Selling our Home

[Sherri]

We need wisdom and direction! We are thinking of selling our home and downsizing. When all the boys leave, it will just be me and Eddie left in this big house in the fall. We are thinking seriously about buying a house about half this size and we would be almost completely debt free. I love this place and I love the neighborhood, but I hate paying the taxes, utilities, mortgage payments, etc. Emotionally, it will be hard to let it go. We bought it at such a steal, that I almost hate to sell it because it would be hard to find anything comparable price-wise.

We also are going to be going into a major stewardship campaign for the next building program at church, and we would need to generate some cash for that. So we need wisdom and favor.

Sometimes I think I want to keep the bigger place so when I someday have grandkids and all the family comes home, we will have a place to put everyone. But how often does that happen??? Anyone have any advice?

[rgcraig]

Rent out the upper floor the me and help me find a job in Jackson - lol!!!!

[H2H]

Originally Posted by Sherri

We need wisdom and direction! We are thinking of selling our home and downsizing. When all the boys leave, it will just be me and Eddie left in this big house in the fall. We are thinking seriously about buying a house about half this size and we would be almost completely debt free. I love this place and I love the neighborhood, but I hate paying the taxes, utilities, mortgage payments, etc. Emotionally, it will be hard to let it go. We bought it at such a steal, that I almost hate to sell it because it would be hard to find anything comparable price-wise.

We also are going to be going into a major stewardship campaign for the next building program at church, and we would need to generate some cash for that. So we need wisdom and favor.

Sometimes I think I want to keep the bigger place so when I someday have grandkids and all the family comes home, we will have a place to put everyone. But how often does that happen??? Anyone have any advice?

How many bedrooms and sq ft do you have currently??

[Sherri]

Originally Posted by H2H

How many bedrooms and sq ft do you have currently??

5 BR; 3700 sq. ft. Way too much room!!!

[Sherri]

Originally Posted by rgcraig

Rent out the upper floor the me and help me find a job in Jackson - lol!!!!

That would be awesome!!! It will be a little lonely once all the big boys move out!

[tamor]

Would y'all look for something else in that same area?

Hey, btw - I found a house that I'm drooling over in Savannah. I would love to sell mine. I'd like to make a sweetheart deal to either Aqua Glass or the city. The city manager has actually approached me about buying our lot beside the house. I told him, "all or none".....

[Sherri]

Originally Posted by tamor

Would y'all look for something else in that same area?

Hey, btw - I found a house that I'm drooling over in Savannah. I would love to sell mine. I'd like to make a sweetheart deal to either Aqua Glass or the city. The city manager has actually approached me about buying our lot beside the house. I told him, "all or none".....

You know, AG would be smart to get that house. They could use it for execs they are moving in, at least until they find something of their own. That would be a great asset for them, I would think!

We would not buy something else in this particular area out here; too expensive. If we were going to do that, we would just stay here. I have been looking at houses all day but I don't want to be over 3 miles from church, and I have a certain price range picked out, so the choices are whittled down a bit. But we found 3 or 4 that we are interested in so far. We are meeting the realtor on Wednesday, IF we don't back out!!

Eddie has been talking about doing this for a while now--it took me longer to get to this place emotionally. When I walked in this house three years ago, I knew it was meant for us. All the colors were exact, etc. But now that Ashley and Zac will both be gone, it doesn't make sense. They are NOT happy about selling it though. LOL!

[tamor]

Originally Posted by Sherri

You know, AG would be smart to get that house. They could use it for execs they are moving in, at least until they find something of their own. That would be a great asset for them, I would think!

We would not buy something else in this particular area out here; too expensive. If we were going to do that, we would just stay here. I have been looking at houses all day but I don't want to be over 3 miles from church, and I have a certain price range picked out, so the choices are whittled down a bit. But we found 3 or 4 that we are interested in so far. We are meeting the realtor on Wednesday, IF we don't back out!!

Eddie has been talking about doing this for a while now--it took me longer to get to this place emotionally. When I walked in this house three years ago, I knew it was meant for us. All the colors were exact, etc. But now that Ashley and Zac will both be gone, it doesn't make sense. They are NOT happy about selling it though. LOL!

God will lead you to the right house if it's time to sell.

And yes, that's what I will use as my pitch when we decide to sell. I know I don't want to live here forever. Too many memories.......

[rgcraig]

Originally Posted by Sherri

You know, AG would be smart to get that house. They could use it for execs they are moving in, at least until they find something of their own. That would be a great asset for them, I would think!

We would not buy something else in this particular area out here; too expensive. If we were going to do that, we would just stay here. I have been looking at houses all day but I don't want to be over 3 miles from church, and I have a certain price range picked out, so the choices are whittled down a bit. But we found 3 or 4 that we are interested in so far. We are meeting the realtor on Wednesday, IF we don't back out!!

Eddie has been talking about doing this for a while now--it took me longer to get to this place emotionally. When I walked in this house three years ago, I knew it was meant for us. All the colors were exact, etc. But now that Ashley and Zac will both be gone, it doesn't make sense. They are NOT happy about selling it though. LOL!

Lots of things to consider - you did get the house at a great price, so you haven't over extended yourself. You might be spending the same for a smaller home now - so that wouldn't be smart.

Also, where would we stay if we do the girls trip again? And then the kids will want to come back home and need their own space.

Plus, it's a great home to entertain for staff parties, etc.

[Rico]

Originally Posted by Sherri

We need wisdom and direction! We are thinking of selling our home and downsizing. When all the boys leave, it will just be me and Eddie left in this big house in the fall. We are thinking seriously about buying a house about half this size and we would be almost completely debt free. I love this place and I love the neighborhood, but I hate paying the taxes, utilities, mortgage payments, etc. Emotionally, it will be hard to let it go. We bought it at such a steal, that I almost hate to sell it because it would be hard to find anything comparable price-wise.

We also are going to be going into a major stewardship campaign for the next building program at church, and we would need to generate some cash for that. So we need wisdom and favor.

Sometimes I think I want to keep the bigger place so when I someday have grandkids and all the family comes home, we will have a place to put everyone. But how often does that happen??? Anyone have any advice?

I think you should consider donating the house to someone that really would like to move to TN. Somebody with say, 4 children, that can use a nice big house with lots of room. Somebody from, say, southern IN, that is a member of an internet forum you belong to.