We have decided not to put our home on the market.
In view of the poor market at the moment and the fact that I dont want to live in a rented property for the next few years we might as well stay put.
By selling I estimated that we would have an additional £800.00 per month approx in disposal income. That would be roughly one half of our present living expenses. More money for the escape fund.
But on a practical note - I dont want to rent for the next few years. Too many uncertainties, rents may rise, or we may have to move several times to find a desirable building. Noisy neighbours, student parties, rough part of the city and all that puts me off selling.
We might as well stay put until we are ready to escape. Or perhaps we need to keep this and use it as a base, given that the only place I wanted to escape to wont let us stay full time!
Back to the drawing board!
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3 comments:
Keep at it. You never know when opportunity will knock, or when prices will stabilize...
A decision not to do something can be as important as a decision to do something. Keep busy on that "drawing board". You never know what might appear.
I am concerned, however, that there is only one place you want to escape to. If where you are now is so bad, I would think that there would be many places you would want to go. So, I am a little confused...
But then I am somewhat senile so... confusion comes naturally!
Thanks Jack
JC - I am looking for somewhere with a temperate climate preferably english speaking, somewhere where there is a system of law and order, I am not interested in living in a third world country, I am not interested in asia or latin america, NZ too far away
The only other place asde from US or CAN is Cyprus. But the climate is a problem....
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