Property Market Crash?

[Cherished]

Thanks Taurean, we don't need to sell so we wouldn't let our house go at a loss. We would be happy enough to make a much smaller amount though or even break even as our 'win' would come from having so much extra money in our bank account, being debt free and being ready to buy when our dream bit of land shows itself. I think I've decided to put it on the market and see what happens. Not sure what the real estate fees would be but will find out tomorrow. Another bonus for us is that we could rent much closer to dh's work, at the moment it's a 30 min drive. Seeing I am not going back to work there is no need to be where we are now. Gosh so much to think about!

[Taurean]

Sounds like a good plan and it can't hurt to see if there are any 'takers' out there

We moved to our current house (which we are actually knocking down early next year to build again - woohoo!) so we are much closer to DH's work too. We only a 15 minute drive in traffic (each way) instead of 40 minutes. We are in an even better suburb now too and plan on staying here - hopefully forever!

We can't remember exactly how much our agent fees were but we think it was around 2.5% and the only thing we paid for prior to the sale of our house was advertising fees of around $2K. We had a full coloured 'For Sale' sign out the front of our house which displayed beautiful photos (taken by a professional photographer) and details of the house. The agent also had gorgeous full colour brochures for clients and our house was on realestate dot com with loads of great photos. We were really impressed with what was included in our advertising costs and have no doubt it helped to sell our house faster (we sold in 6 weeks) and for our asking price