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Buying A House While Selling One

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Old 02-22-2018, 09:10 AM   #1
metalskins
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Re: Buying A House While Selling One

Yeah, the house that we wanted, we're not going to get anyway. There was four other offers made, and those offers didn't have any contingency attached (just straight up cash offers), so we're likely out of the running for this home. Which, in a way, I'm a bit relieved. Loved the house, but it was going to be a bit further out in the other direction from which we truly want to live, and there wasn't a lot of space available for our 3 year old to play. So, it's probably a blessing in disguise.

Plus, we really, really, need to get our house ready to sell. We live in a very sought after area of NC. Everybody wants to live in Northern Greensboro, because the schools are tops, it's "country" living, and for the most part, extremely low crime right and very peaceful. I hate that we need to move, but we're doing it for a few reasons. One reason, our in-laws live directly behind us. You just walk through the woods about twenty yards and they're right there. Now, I have never minded that, because I could always walk through the woods and borrow tools (and likewise with my father-in-law), or walk my son through the woods and let the grandparents watch him for a few minutes if the wife was out and I needed to work on something, but having my wife's parents, namely her mother, so close has been stressful on my wife's relationship with her mom. Long story on all of that, but it was finally determined that we needed to have our own neighborhood and we at least needed to be about 15 or 20 minutes away.

Another reason is that they are grading out the land right next to my in-laws, which, again, is pretty close to us. We're hearing that low-end apartment buildings are going up there, so it's time to move. It may not, technically, affect us, because we will still be at the end of our road, but you'll be able to see the apartment buildings through the woods.

The final reason for us is, we want to get out of debt. Since my wife and I had gotten married, we have had one medical bill after the other. I mean, two weeks after we got married, I went to the emergency room (yes, wife already tried to kill me then, LOL!! j/k) And since then, it's been my wife having surgery, giving birth, son being in the hospital, wife having more surgery, wife going to the emergency room, etc...So, selling our home would completely get us out of all debt. It's almost like hitting the reset button on our finances. We have planned to buy an "in-between" home for just a few years until we've saved up enough to buy the "real" home we plan to stay in for the long haul. Our ultimate goal is to have a nicer house in the area (this area, although not necessarily the same neighborhood again).
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