<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Archive: April, 2019
 

Archive for April, 2019

Sights on the future

April 1st, 2019 at 10:08 am

We're looking forward to our move. We discovered that to avoid capital gains tax, we can't sell the house we're currently in until end of April 2020. We're so ready to move. The market is crazy where we want to move towards but we have an idea of what we want. I think 9/2019 we're going to get pre-qualified which won't be a problem. We have no debt and can probably come up with 20% down payment. I'm guessing an ARM should be fine because our plan would be to buy in October or November and close in December or January. Do a slow move in Feb or March with the house put on the market by March and then sold and close by end of April. That's my hope. I hope that buying something in the slow period and selling at the start of the high market will allow us to benefit.

Anyone have any thoughts about that? Know any special tricks or finance vehicles? Our current home is paid off and we're trying to stay in the same budget but with realtor fees and closing costs, that might be a bit tough. We'll see depending on what we buy and where we can sell at...

We've put up our small travel trailer for sell. Lots of interest in the less than 24 hours but we'll see how many actually come an look at it. After that, it's a partially restored mid 30s Ford Farm truck. I need that OUT of my garage. It was my Dad's project and he's been gone 10+ years but it's still painful to deal with. I wish a really nice person would come along. Cross your fingers as we deal with that.