Selling Your Home In Another State - How Much $$ are you willing to sacrifice?
We have our home for sale in Destin now, even though I don't plan to retire till late next year. We're kind of agonizing over what we should accept for it and how much of our retirement "nest egg" we can sacrifice by selling at a lower than planned price.
Our choices are:
1) Sell quickly in this market and receive $30,000 to $50,000 less than we planned, or
2) Sell when the market gets better ("gets better" means prices start rising). The problem I have with this scenario is that in this market (Florida panhandle) most knowledgable people are predicting the market won't improve for 2 to 3 years - and it could get worse in 2008! Three more years is 15% of my remaining life expectancy!
So, what are the options others are weighing that keep them from making "The Move?"
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Brockton, MA 1946-49 * Fort Lauderdale 1950-66 * Northern Virginia (Army) 1967-69 * North Lauderdale 1970-72 * Coconut Creek 1973-87 * St. Louis 1988-89 # Northern Virginia (again) 1990-2000 * Destin, FL 2001-08 * The Villages - Amelia/Hadley
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