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Would you sell your house and build right now?

 
Debug
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User ID: 78876417
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06/10/2020 04:09 PM
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Would you sell your house and build right now?
I am thinking of selling my house and moving onto some land and building.

Process takes about 12 months.

Do you think this is a smart move? I have excellent credit, $200k year income and will take well north of $100k in equity from this home to the new land/home.

What do you think? Think there will be money to loan in 12-16 months?

I really don't want to be in the neighborhoods for the coming race war.

Salem, Oregon area.

Last Edited by Debug on 06/10/2020 04:11 PM
Anonymous Coward
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06/10/2020 04:23 PM
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Re: Would you sell your house and build right now?
asap
Helenus

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06/10/2020 04:26 PM
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Re: Would you sell your house and build right now?
I say buy. Building is expensive. I am a fool but I would say that buying is always cheaper and you will have a better to perfect idea of what you get when the dust clears. Its also way faster. But if you have the money to buy 2 houses, then there is little to lose.
Anonymous Coward
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06/10/2020 04:28 PM
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Re: Would you sell your house and build right now?
Yeah housing is likely going to crash soon.
Anonymous Coward
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06/10/2020 04:28 PM
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Re: Would you sell your house and build right now?
boss

33' RV with slideouts for gun turrets might be better.

popcorn
beeches

User ID: 78973486
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06/10/2020 04:29 PM

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Re: Would you sell your house and build right now?
it is smart
Liberalism is totalitarianism with a human face – Thomas Sowell
Anonymous Coward
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06/10/2020 04:30 PM
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Re: Would you sell your house and build right now?
I'm looking to build in the next year or so myself.
beeches

User ID: 78973486
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06/10/2020 04:33 PM

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Re: Would you sell your house and build right now?
looking to build or buy after selling my house - parked in a rental for now.

looking at houses for sale - they last about 2 days here in the price range I want.

it is a hot hot market!


building is better, land is not too expensive, and you get what you want without as many compromises...

but if the right house turned up tomorrow, I would jump!
Liberalism is totalitarianism with a human face – Thomas Sowell





GLP