#2 You will lose money when you sell your house
Yes, it doesn’t seem so. After all, you’re selling a property so you can finalize your move. And generally, all the adjustments you made to your house and the time you invested in it will translate into a higher market value for your house.
However, according to experts, you will end up having to pay as much as 5% of the purchase price in closing costs. This can end up being a lot, depending on the value of your property.
If moving seemed like the best thing for you and you were counting on getting the full check from selling your property, you may have to adjust both the way you see things and also your plans.
You will not end up with the whole amount, and if you don’t have some other money saved aside for these fees and other unforeseen things you may have to pay for, it’s going to be a pretty penny to sell your house. And if you’re not prepared to deal with all of these or you didn’t know about it beforehand, it seems like not moving might be better for you.
I take issue with several of these comments as being relevant for only a small number of people. For instance, many of us have children elsewhere, and we move to get closer to them. We move because the weather is better somewhere else; we move because the house is now way too big and hard to take care of; and sometimes we move because we can find better medical care.
I AGREE WITH YOU.
For another perspective, my wife and I moved 15 months ago from our home (of 27 years) in Glenside, PA, to a Continuing Care Retirement Center just 30 minutes away in Ambler, PA. Our church and doctors have stayed the same and many of our long-time friends are close enough for a visit – three will be joining us for Christmas dinner tomorrow night. We see this is THE BEST of all the options. Our care is assured and our surroundings are familiar. I believe that your article would have been stronger if you had mentioned this option.
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I already have a very difficult time finding a good internist……VERY DIFFICULT
This list must have been developed by someone living in a liberal high tax cold weather state with poor doctors. Does not apply to most of us.