Reply to Want to downsize-Sell and take loss but save, or wait for appreciation?

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[quote=Anonymous][quote=Anonymous]if your moving to save money it looks like the margin is to thin and one wrong turn and you may end up in a townhouse for the same price as a single family home. If you would prefer to live in the townhouse, vs the sf then go for it![/quote]

OP here, yes thanks. I understand the margin is thin and hence abandoned idea of buying first. But even if we sell first, unless we get the right price and have the correctly priced TH waiting for us on close, we are going to end up with additional expenses than anticipated. On top of it, we have 2 cats and a baby so nervous about all the hassle of paint/carpet and showings.

It is much easier to move up than to downsize!

But yes it is not only for money, though the 150K difference and being mortgage free is a big motivator. I really think a TH will fit us better in terms of lifestyle, neighbors and schools, and it will be a bit newer as well so less maintenance and more convenient (upper level laundry, closed commode, newer fixtures, gas fireplaces etc)

10 years ago I hated a new TH and craved for a yard and a house with character, and now I am doing a complete 180.[/quote]

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