Originally Posted by hopmonster
Was it an easy decision for you downsize and sell?
I spent like half an hour replying to this yesterday but don't see the reply... not sure what happened...
Pretty much. For downsizing, my wife and I actually started the process a year and a half ago. Her mom passed away and we moved dad to an assisted care place, which meant selling their condo, which meant dealing with all their stuff. It was painful. We decided we didn't want to put our own kids through that so we started going through our stuff and trimming back, way back. We also decided to set a goal to have our house ready to sell in April 2018, whether we did or not, so that if the market was good and we wanted to, we'd be ready. If we decided not to sell, at least we would have dealt with our stuff and our kids would not.
We started repairing and replacing flooring, carpeting, painting, etc. We fixed our landscaping and cleaned up the yard. We gave furniture and stuff to our kids, sold some, donated tons of stuff to charity, and bags of stuff that just had to go went to the curb. Then in early 2018 our circumstances changed and we decided to go ahead and sell. The market was good in our area, and we were worried that condition may be temporary, so we decided to take the money and run. We worked extra hard to hit the Spring market and things worked out well for us. Our house was only on the market for three days and we ended up with 18 contracts. Incredible.
The home we're building in WV is a third the size of our old one so we had to get rid of a lot. As each thing went out the door we felt lighter. It was like a weight being lifted from our shoulders. I know once we get in our new house there is still downsizing to do. There is stuff we packed because it was too hard to part with that now we can let go. When it comes to stuff, less is more.
If you decide to take the plunge, give yourself a year if you can. Some things take time to sort through, especially old family memory stuff. But it is worth it.