Hi there. Looking for people's thoughts/advice. Apologies for the essay that follows.
My husband and I recently purchased our first home so that I would have a 15 minute commute by car to work. We have a toddler.
The dilemma...I have just been offered my dream position literally 10 minutes walk (!) from my husband's dream location.
Obviously, I'm going to take the new job but my head is a bit wrecked given that we've just bought somewhere else an hour away close to my current work. I'm wondering what do we do with our current house? Does it look terrible to try to sell a house so soon (within a year) after purchase? Should we become accidental landlords for a year or two and try to recoup some of the loss we stand to suffer on fees etc.
It's great to be getting towards where we want to be in the long run, just wondering what people would do? I think ideally we'd sell asap, accept a loss of up to 50k (25k on sale price and say 25k on the duplicate fees). I'm just worried about scaring potential buyers off that we're moving on so soon if we try to sell straight away and maybe it would be better to hang onto the house for a year or two.
Any thoughts or anyone been in a similar situation where a change in circumstance meant selling a house much earlier than planned? Our mortgage is small (potentially 70k at year end with over payment) and could get 1300 per month in rent. Thanks in advance.
My husband and I recently purchased our first home so that I would have a 15 minute commute by car to work. We have a toddler.
The dilemma...I have just been offered my dream position literally 10 minutes walk (!) from my husband's dream location.
Obviously, I'm going to take the new job but my head is a bit wrecked given that we've just bought somewhere else an hour away close to my current work. I'm wondering what do we do with our current house? Does it look terrible to try to sell a house so soon (within a year) after purchase? Should we become accidental landlords for a year or two and try to recoup some of the loss we stand to suffer on fees etc.
It's great to be getting towards where we want to be in the long run, just wondering what people would do? I think ideally we'd sell asap, accept a loss of up to 50k (25k on sale price and say 25k on the duplicate fees). I'm just worried about scaring potential buyers off that we're moving on so soon if we try to sell straight away and maybe it would be better to hang onto the house for a year or two.
Any thoughts or anyone been in a similar situation where a change in circumstance meant selling a house much earlier than planned? Our mortgage is small (potentially 70k at year end with over payment) and could get 1300 per month in rent. Thanks in advance.
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