Did you ever think about selling your house and moving every two years?

**Lostsoul33** · 01-31-2006, 04:39 PM

Re: Did you ever think about selling your house and moving every two years?

Everytime I move, it's to a more expensive house so really no profit for me. The last house that we bought, I hated it so much that we moved out after only 5 months. We lived there for 3 months and then it was on the market. I figured it would be a hard sell but surprisingly it wasn't. We've been in this house for almost 3 years now and hubby and I have agreed that we're not going anywhere. I see myself living here for a very long time. I hate moving too so that's definetely a factor in it all.

**Snoopy2645** · 01-31-2006, 05:35 PM

Re: Did you ever think about selling your house and moving every two years?

I have considered moving every 2 years just to clear out the junk LOL!!!

**PrincessPerky** · 02-01-2006, 03:01 AM

Re: Did you ever think about selling your house and moving every two years?

I couldn't sell my house if I wanted to....

**Fern** · 02-01-2006, 06:08 AM

Re: Did you ever think about selling your house and moving every two years?

But every time you move, you likely wil incur a few thousand in expenses for the move plus closing fees, attorneys fees etc when you close with a new mortgage. Not the mention the time spent, headaches, etc. This would/might only work if you live in an area of high appreciation and you had good timing; the market has already stalled, so i think the window of time for doing this has passed, for now.

**jmjj215** · 02-01-2006, 06:28 AM

Re: Did you ever think about selling your house and moving every two years?

It depends, but I have definitely thought about it. If your house has appreciated substantially, that tax-free gain offsets TONS of attorney's fees, closing fees, etc. If you haven't made too much money on it, it doesn't really make sense to move just for the tax-free gain.

**Ima saver** · 02-01-2006, 07:03 AM

Re: Did you ever think about selling your house and moving every two years?

Well, we have a friend who is a builder that moved here from Fla. and built a house. After 2 years, he sold it and built another. Two years later he sold that one and built a new house. He has been there for 2 years and is putting it on the market.
My husband is a builder too. We could easily sell our house for double what we have in it. Of course land is so high, we would have to take that into account.
Now we would have to pay some attorney fees but the buyer pays most of that. We have no mortgage and would pay cash for building a new house, so the expense would be little. I think making $200,000 profit on a house is a good idea, but I hate moving. I would stay in the same area.

**PRICEPLUS** · 02-01-2006, 07:06 AM

Re: Did you ever think about selling your house and moving every two years?

When you have kids it becomes problematic . No, we have never given that idea even a passing thought.

**Ima saver** · 02-01-2006, 08:17 AM

Re: Did you ever think about selling your house and moving every two years?

We are both over 50, no kids around. I would get new furniture if I moved, so that would not get moved. My problem is all the "junk" and collectibles we have around this house and two double car garages. My husband does all the packing, so that would help. I would sell my house if they would give me at least 60 days to get out.
My husband is building a spec and I could move there, if we could get the timing right. That never seems to happen.

**katwoman** · 02-01-2006, 08:41 AM

Re: Did you ever think about selling your house and moving every two years?

I hate moving but I'd do it if I could.

YOu get 250K tax free every 2 years. In under 10 years you can amass 1M tax free!

I've heard of people doing just this in Chicago and the suburbs. They have planks and cinderblocks for furniture. They're in it for the $$$$. Can't say I blame them.

**Ima saver** · 02-01-2006, 09:47 AM

Re: Did you ever think about selling your house and moving every two years?

WE have been discussing it. When I moved in here 10 years ago, I bought all new furniture and furnished my house for $7000. That included everything even new matresses. I would not worry about furniture, I just hate the thought of packing everything up. That is why I want to get rid of a bunch of stuff.
I have a lot of antique stuff like my mothers dishes and silver, that I have never used. I think I would call and antique dealer and sell it all to someone who might enjoy it.

**kashi** · 02-01-2006, 10:54 AM

Re: Did you ever think about selling your house and moving every two years?

I have moved three times in the past five years, so I could do it, but...I'm getting tired of moving. If I bought a house, I'd want to stay in it for a while.

**Ima saver** · 02-01-2006, 11:15 AM

Re: Did you ever think about selling your house and moving every two years?

Well I checked on the attorney fees from the last spec house we sold. We spent less than $500, the buyer paid most of the fees. So for less than $500 and no mortgage fees, we could move pretty cheaply. I know a new house would cost more cause materials cost more, but I could pay my husband to build it.

**Happily** · 02-01-2006, 01:32 PM

Re: Did you ever think about selling your house and moving every two years?

No way. In S. California, that would be a property tax nightmare. Not to mention mortgage fees.

**Ima saver** · 02-01-2006, 01:36 PM

Re: Did you ever think about selling your house and moving every two years?

I will have no mortgage. why would there be a property tax nightmare, they prorate it at the closing.??

Did you ever think about selling your house and moving every two years?