I'm freaking out about selling my house

[drloretta]

You will be fine, I promise

The Globe just had an article about how winter can be a great time to sell because of lower inventory.

But you don't have to sell it TODAY. Weigh your options and go from there

[bostonmichelle]

Chiming in. I love your house. It is gorgeous. I know I have clients in other areas of Massachusetts but there is low inventory out there so that definitely helps drive up the price a bit. I would definitely look into renting it especially if you think you'll be back and what you can get back into in your price range. Send me a PM if you want to chat at all or if you have general questions.

[liveintheville]

I'd be freaking out, too. But now really is a great time to sell. Our neighbor just sold after one weekend of open houses. He had 7 offers over asking. There's such low inventory it's actually not a bad time to sell. He got $13k over asking and they waived inspection. 

It sucks though. I love my house and would be devastated to sell it But it's worth it to have you H there sooner!

[LoveTrains]

I think the idea of getting back into the market in the future is what gives me pause. Your house is pretty amazing. Great location, open floor plan, a garage, driveway, etc etc.

But would it be your "forever" home in the Boston area? If so, then I would definitely investigage rental choices, but you have to remember that when your home becomes a rental to not stay too attached to it. Renters are going to break stuff. They might damage your floors and countertops. They might scuff a cabinet. etc etc.

[drloretta]

Jan 29, 2015 11:54:42 GMT -5 liveintheville said:

It sucks though. I love my house and would be devastated to sell it But it's worth it to have you H there sooner!

Ha, I would sell my house in a heartbeat

[LoveTrains]

I don't have any real understanding of the rental market for a house like yours, either. But it definitely took me a while to get past thinking of the condo as "my home" and realizing that I couldn't care if people painted or broke something and that I no longer lived there. We are also to the point where we are replacing things and I'm finally now like ok, what will be best for this as a rental. At this point my plan is to fully keep my condo as a rental for the foreseeable future so I can finally start to make some $$$ on it. If I sold it, I would just realize all the losses.

[caligirl22]

I was so sad to sell our NY house. Much more sad than I anticipated. But it needed to happen for us. In your shoes, I would definitely look into renting it since you're time abroad is limited to a few years. Don't feel pressured or rushed to sell either. Take some time and find your best option. 

[noodleoo]

Wow, that's awesome about the appreciation, RockNVoll! How exciting! Your house is gorgeous and an amazing find for its location, so I'm not surprised and I bet once you list it, you'll sell fast. (If it had been available when we were looking in that town, we would have bought it!)  It is tough though since you love it and you guys aren't planning on relocating permanently. But I bet when you come back you'll find an even nicer place. Good luck!

[rikki]

Is one HB and the other DG? If so, I have personal experience.

[preppy]

I rent our house out in CT and so far it hasn't been to bad but we got lucky and have great renters.

People keep saying your house is awesome, so if you rent it let me know we are looking to move, lol.

[preppy]

Feb 4, 2015 3:38:20 GMT -5 RockNVoll said:

Feb 3, 2015 21:50:54 GMT -5 preppy said:

I rent our house out in CT and so far it hasn't been to bad but we got lucky and have great renters.

People keep saying your house is awesome, so if you rent it let me know we are looking to move, lol.

Ha, will do. Do you use a property manager? Why did you decide to rent vs. sell? Have you been in the property at all since renting it out?

We rent out of necessity since CT property values have not bounced back like Boston has and we bought in 2008. We would lose money selling. We have zero plans to ever move back to CT. We used a realtor to find a renter but do not use a property management company. My in-laws are local and they own several income properties so my FIL helps out if there are issues. I have been there maybe 2-3 times and DH had been more when he had gone to fix little things. We have great renters who keep re-signing which is awesome. I am hoping they resign again in April or I will cry.

[LoveTrains]

Feb 4, 2015 9:06:21 GMT -5 RockNVoll said:

Feb 4, 2015 8:55:31 GMT -5 preppy said:

We rent out of necessity since CT property values have not bounced back like Boston has and we bought in 2008. We would lose money selling. We have zero plans to ever move back to CT. We used a realtor to find a renter but do not use a property management company. My in-laws are local and they own several income properties so my FIL helps out if there are issues. I have been there maybe 2-3 times and DH had been more when he had gone to fix little things. We have great renters who keep re-signing which is awesome. I am hoping they resign again in April or I will cry.

Ah, no plans to move back makes a difference.  If we rent it would be with the intention of moving back into the house once we return to the U.S. and because of that I'm afraid I'll freak out if tenants cause damage.

I'm pretty much talking myself out of renting this place.

Honestly I freaked out more about damage when it was just renters, because I felt like I needed to fix it to get high quality tenants. If it was me moving back, no big deal.