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      Stay where you are if you can. It will be cheaper in the long run.

      Answers below.

      From: [] On Behalf Of Herlean
      Sent: Wednesday, April 11, 2007 10:06 AM
      Subject: Re: : Housing Costs

      I am still debating selling our current house (a single family residence with a yard) and moving into a condo.

      Among the ideas that are running through my head:

      • will getting a condo that is less expensive than our current home really save money? Maint fees and be fairly expensive and can go up on you (as voted on by the assoc for the condo)
      • what about condo fees?

        will they negate the savings in house payments? Maybe

      • ideally, we want to keep our current house, but if we have to sell and move, how much does a realtor cost? usually 6% of the sale (3% for both realtors – the seller’s & the buyer’s – unless it has gone up)
      • will we truly be saving money by moving?Prob not – unless you downsize alot and go into a much cheaper neighborhood.the cost of preparing the house for sale, packing,storage, moving, finding another place, paying the realtor, fees associated with all that (does anybody truly know what the costs are?) They are not cheap.

        You will need to repaint, fix any outdoor damage, do any repairs the buyer would want done (per their houseinspector’s recommendations)

      • [/list]

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