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-   -   Sell now or wait a year? (http://forums.pelicanparts.com/off-topic-discussions/996473-sell-now-wait-year.html)

Paul K 05-14-2018 04:41 AM

Quote:

Originally Posted by LakeCleElum (Post 10035908)
Mike Hovde

Yes, I always liked Mike. He stopped by the house recently, and seems to be doing very well in retirement.

Quote:

Originally Posted by LWJ (Post 10035992)
Question for Paul, what are prices like in BVI?

High. Very high. That was actually my first choice, since I’m a Brit- but the USVI offered us a lot more home for our $$$ so we went that route. Ended up with a sweet pad on a half acre above Magens Bay. View...

http://forums.pelicanparts.com/uploa...1526301467.jpg

Thanks for the input guys- much appreciated. After much discussion with Mrs. K, we’ve decided to stay until we leave for the VI. In the big scheme of things, $50k is not that big of a deal, having to move into a rental & move out of this house is.

Cheers,

Paul.

jhynesrockmtn 05-14-2018 04:56 AM

I don't know your overall financial situation. If the equity in your home is a big part of your retirement strategy, I'd think about selling. When my Dad passed in 2006 My Mom sold their home outside of Tucson for over $300k. They'd paid $175k two years earlier. Two years later the place was worth less than they paid originally. That equity was huge for her as they didn't have much beside his pension.

Seahawk 05-14-2018 05:26 AM

Are you taking the D90 with you?

recycled sixtie 05-14-2018 05:26 AM

As the saying goes "a bird in the hand is worth two in the bush". It is an old English hunting expression. I agree sell up now and get as much as you can while the market is buoyant. Having said that if you feel too attached to your present house then perhaps you are not ready to move.

Tobra 05-14-2018 12:41 PM

lture
 
Good call, moving sucks, less times you do it the better.
Quote:

Originally Posted by Seahawk (Post 10036273)
Are you taking the D90 with you?

Vultures already circling the Land. :D

Seahawk 05-14-2018 12:51 PM

Quote:

Originally Posted by Tobra (Post 10036928)
Vultures already circling the Land. :D

<iframe width="640" height="360" src="https://www.youtube.com/embed/jKGjOE_7bYI" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

Bob Kontak 05-14-2018 12:56 PM

Quote:

Originally Posted by Tobra (Post 10036928)
Good call, moving sucks, less times you do it the better.

Vultures already circling the Land. :D

A bird in the hand, though. Paul, if retiring could drop $3k using two men and a truck and stash the keep stuff in storage. There is a limitation on "waiting out" downturns if you are into middle age.

Stock market is bloated. Who knows?

<iframe width="560" height="315" src="https://www.youtube.com/embed/1TxhVHhQER4" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

Paul K 05-14-2018 04:14 PM

Quote:

Originally Posted by Seahawk (Post 10036273)
Are you taking the D90 with you?

Yes. It’s going to get a complete build before then- new chassis & bulkhead, 300bhp LS engine & 6-speed auto transmission, paint, Puma dash, the works. Pretty much decided on red, so it’ll look like this...

http://forums.pelicanparts.com/uploa...1526343206.jpg

ckelly78z 05-15-2018 06:38 AM

A year from now your house could/should be worth $10,000 over this year's estimate you were happy about...AND....you will have paid down the mortgage by another $10,000. In effect, you will be $20,000 ahead of the game staying where you are for another year, not to mention the extra stress, and cost of moving twice is not worth it.

Bob Kontak 05-15-2018 11:54 AM

Quote:

Originally Posted by Paul K (Post 10036240)

A shame that beam blocks the view of the island.

Quote:

Originally Posted by Paul K (Post 10037196)

Sweet!

Here's my brush with the Defender.

http://forums.pelicanparts.com/off-topic-discussions/732441-god-day-drive-defender.html

LOL. I just read thru the thread and you responded five years ago. Last post. It's a tangled incestuous web here. :)

cmccuist 05-15-2018 12:40 PM

Quote:

Originally Posted by Paul K (Post 10035860)
Thanks for the input. If we sell, we’ll rent a smal place until we head to the VI.

Hi Paul! My wife and I were living in St. Croix when Irma hit. My company was buying supplies/staples and sending them to St. Thomas. Then, Maria hit St. Croix and St Thomas was sending supplies to us!

How did you make out during the hurricanes?

cairns 05-16-2018 06:29 AM

Just because a realtor told you you'd get more doesn't mean you will get more. They're pretty famous for doing that to get a listing.

Stay and sell on your own schedule.


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