I mentioned after selling our house, we were going to rent for a year and take our time deciding what the next step would be. Here are some of the questions we are asking ourselves.
Do we build?
Do we buy a new "forever" home?
Do we buy an older home and fix it up?
Do we have "one more" house to whisper to, in us?
If it is our last home, where do we want to be? North Carolina? Tennessee?
One of the issue we are facing is that we own a gorgeous piece of property in the mountains. Here it is, in the picture below.
Aren't these the most gorgeous views? The blue you see is a small camp lake. Can you imagine seeing this every morning? We could too. That is why in 2004, we bought it. We had planned on building on it, but life got in the way.
Fast forward 8 years. We still have this property. We actually tried to sell it for a few years, but with the recession and banks tightening their lending belts, it was hard to sell.
If we do build on this property, it will be to live in it for a few years and then sell it. It is much easier to sell a house, than a vacant piece of land in this real estate market. Why sell the house, if we build?
Well as gorgeous as this property is, it is an hour from any larger city. We think we want our forever home to be nearer a larger city.
In the next few posts, I will tell you more of our planning and thought process.