So, our house is tiny (2/1+ studio). It is for sale and has been for 6 months. We dropped the price to be more competitive and have seen more serious buyers in the last month or so...but still nothing....
We have a larger Master Bedroom and then Grady's smaller room. In our bedroom we have only a bed, dresser and treadmill. I really want to SWAP rooms and SELL the treadmill. We wanted to keep the treadmill if we got a bigger house, but even then it's a crapshoot as to where it would go....really we just need get outside and walk the dog more, right?
If you saw a house where the kid's room was bigger than the main bedroom - would that be weird? IMO it's not big enough to warrant the cost or need to have it staged (we have thinned out stuff and keep it super tidy, etc). I don't hang out in the Master but read in bed - but I really want him to have more play area without taking over the living room.
I'm just a little tired of this situation compromising being comfortable in our own home....thoughts?
Re: Housing/Staging Question.....
I see your point(s). I'm really torn. Honestly, I'm just tired of the whole process and am ready to take it off the market for good and maybe try again in a few years. Showings and cleanings are exhausting. We are not desperate to move, but we eventually want to move Eastside for schools - and we work over there now so why not try sooner than later, right?
The catch-22 is the buying market is so great right now. But we are as low as we can go in price. I'm reticent to go to the effort and cost of stage and paint if we end up staying another few years - when I would want it the way it is. I do think our demographic is people without kids, if that makes a difference. We've been on 3 "short lists" in the last 2 months (each a childless couple)and they say they really like it, but they always end up going with larger fixer-uppers farther south ...*sigh*... and there's not much we can do about that....
Craft Blog: MommyBrained...
This is a fantasic idea and is actually a wonderful investment, but only if you can afford two mortgages on your own. There *will* be periods of time when you don't have a renter and things will go wrong - broken toilets, painting between tenants, etc.
This is what we have to do. We have an offer in on a house right now...waiting to hear back. The tough part is that if you can't prove 12 months of rental income from your property (which is impossible for us since we're LIVING in our place right now) then you have to be pre-qualified for a mortgage assuming ALL debt including your current mortgage. It sucks knowing that essentially we'd be pre-approved for about $200k MORE than what we currently are preapproved for, but such is life. I guess it's keeping us from getting some ridiculously big house that we really don't need right now.
Every day of my life, I wish I were a first time homebuyer right now. Wowzers there are some good deals out there.
I hope you find the solution you need! Since you have such a low interest rate, another option may be to move out and rent a bigger place elsewhere while renting out your current place and building up that year's worth of rental income so that you can look to buy a house without taking your current mortgage into consideration.
J and I have talked about doing this, but lordy the thought of not having a renter for the house terrifies me. Regardless of what we'd qualified, we'd still have to cover the mortgage if we didn't have a renter. We could do it, but man alive money would be tight.