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Money and Finances
Reply to "Upgrade house or pay off?"
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[quote=Anonymous][quote=Anonymous]Why do you want a bigger house if you don't have kids?[/quote] OP here. Again, no good answer. We started looking around and like some of the amenities of the other houses we saw and started hemming and hawing over whether or not it would be a smarter move to stay put and renovate or trade up. We talked to a neighbor who bought his house and then tore it down and built a new one on the same lot, but that seems like a big financial hit since we'd have nothing to sell (i.e. 450k mortgage, tear down house and we still have a 450k mortgage and then we build a new house and double or triple that?). [/quote]
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