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Old 04-22-2009, 01:29 PM #1
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Default Sold your house and bought another? Tell me about it!

I've never sold before, and it was 20 yrs since I bought this place. How the heck does that work?


What do I do with all my junk if I do sell this place, while I'm trying to buy another house?




I think I'm more concerned because of the slow house market. Used to be, if your asking price was reasonable you didn't have to worry you'd be stuck with your house if you bought the new place. Now, that's a big consideration.

Any thoughts on the matter?

Plus it's a big move, across country. It's not like I can bounce back and forth where I'm needed (From OH to FL).


Financially, we could probably swing the purchase and payments of the new place even if we do have to wait for a few months (however long it takes ) for this one to sell. But who wants to take care of the place and pay the taxes?

Waht do ya think? Thanks!
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Old 04-22-2009, 03:09 PM #2
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I've thought about this before when we were going to sell our house. If it were me I would put everything in storage when your ready to leave for Florida and stay at a good extended stay hotel until the sale goes through. Why? Because in an extended stay you have no utilities to worry over and they can give you a good monthly rate until your house sells and they do housekeeping! In the meantime that gives you plenty of time to look for your new digs and not possibly pay for two houses and upkeep.

Are you using a realtor to sell your house? You may want to consider using one if your not and they can keep an eye on your place while you leave for Florida.

PS: When I say extended stay I don't mean the actual brand Extended Stay. There are many hotels now offering extended stay options.
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Old 04-24-2009, 07:26 AM #3
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That's not a bad idea. I'll run that past dh. I think we will have to use a realtor - probably one associated with the one we'll work with to buy.
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Old 04-24-2009, 10:07 AM #4
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The realtor may also be able to get you hooked up with a place to rent until you can sell your house. They know places that business people use when they are out of town. Ask them, I bet they know some places. I hope everything works out for you!
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Old 04-24-2009, 10:12 AM #5
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I was thinking about PODS. Here's a link:

http://www.pods.com/about-pods.aspx

They deliver the pods to you and you fill them up, then they move them and store them until you are ready to unload them at the new place.

Sandy had a great idea about the extended stay hotel, too.
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Old 04-24-2009, 10:18 AM #6
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Brain, we just helped our daughter and family get into a "new" house in Gilbert, AZ. The price had originally been $350,000, but they were able to get it for less than $200,000 because the bank foreclosed on it.

Apparently the guy who built it 25 years ago, jumped the gun on getting into a new place.

DD's new neighbor says her son would love to move into that neighborhood, but he can't take advantage of the lower prices b/c he can't sell his old house. Such a Catch-22 situation for many. But it sure worked out good for our daughter who was renting.

I'm just sayin "Be Careful!"
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Old 04-24-2009, 10:22 AM #7
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When we sold out condo we opened up a new bank account in the new area too. We waited until all the bills went through before closing it out. Just thought I'd throw that out.

Also on show days, we stayed at a hotel so the house stayed clean. And we painted every room white and laid laminate flooring to make it look bigger. It sold on the first day! So keep that in mind too that the more you can do to get it move in ready, the faster it will sell and you'll get the best return. Otherwise, sell it for less with the stipulation that you lowered the price for updating if it needs it.
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Old 05-06-2009, 11:32 AM #8
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Is hubby getting any relocation help?

It's been 20 years since we left Toledo and moved to Florida. We had a 40 year old house over by MCO. First buyer failed to qualify so the house sat empty for a couple months. My wife stayed in Toledo while I went to Miami for a while.

Florida Power & Light paid for moving, 4 months storage, and 4 months apartment, so it was easy. Toledo Edison paid for my move to Toledo. And S&B moved us to Houston, so I've always had easy moves.

Have fun!

Tom
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Old 05-09-2009, 09:43 AM #9
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We have to pay relocating costs this time. If he'd been working 3 more months and not on furlough, they would have paid.

They even have a program where they'll buy your house if you have trouble selling it - for market value- if you qualify for paid relocating. The timing of this lay-off really was bad. Fortunately we can afford this even after 3 months out of work. A lot of people would have been in a bad way about now.


My son was supposed to close next week on a house which would have really helped, cuz he was going to take the rest of his stuff plus some furniture we don't want to keep. But that deal fell through. Wish he could afford our house.



So I'm thinking I'll do the yard sale and pack what I'm keeping, stuff that in the shed (save me the $$$ on a U Stor It). Leave the furniture in the house to show it. Dh will probably do better to pick up some furniture local for his apartment than to ship ours down anyway, just to dump it later. The only pieces he needs are the ones we don't want.

Man, i'm tired just thinkin about all this. TG I have DD's bf to help me.



This'll all be over soon though, then i'll be asking Fly Girl if she knows anything about planting palm trees.

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Old 05-11-2009, 02:42 PM #10
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You can use one of the PODS on demand storage units. They drop it off in your yard/driveway, you lock it with your lock, its a portabel storage unit. When you have it filled up, and ready to go, call the number, they pick it up and haul it to your next house. you can also have them store it for you for up to several years if need be. No one else has the key but you, you decide how you want the stuff packed. No hurry, put in what you can, when you can. its very handy.
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