How to decide if we should sell our house first?
Homeowners wrestling with whether to sell their current home to move face intense anxiety over giving up low interest rates, timing the market, and risking lowball offers if neighboring homes fail to sell. This uncertainty leaves families paralyzed between wanting to move forward and being too scared to make the wrong financial choice.
What people tried
Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.
- 1waiting a few more years until closer to kindergarten age
- 2listing the current home more reasonably
- 3getting a conservative estimate and factoring in transaction fees and a 20% buffer
- 4Hiring a property management company to handle day-to-day operations
- 5Self-managing the rental property and dealing with emergencies directly
- 6Selling the home immediately to bank the cash for a future down payment
- 7keeping the rental property and breaking even
- 8holding the property until the market recovers to sell later
In their words
Unedited, grouped by where they were said, most upvoted first within each place, each linked to the thread it came from.
“We can’t stop thinking about it and after viewing it again we want to move forward but are so scared because 1) we now have to sell our current home first.”source ↗
“Will this affect our home sale? We plan to list more reasonably but I’m worried ppl will notice neighbors not being able to sell and lowball us as a result.”source ↗
“Our dilemma is whether to sell our home this coming spring or rent it out.”source ↗
“I know that interest rate is gold but I just don’t know how to decide so that it will make the most sense for us as a family.”source ↗
“We own two homes in the Seattle suburbs and are split on what to do with the rental.”source ↗
“What would you do in our shoes?”source ↗
“One of us wants to sell the rental and lock in the remaining equity / reduce risk. The other wants to keep the cheap 1.99% rate, the cash-flowing (or at least break-even) property”source ↗
Where this came up
People with this problem also raised
- 7How do I know if I should sell my business?
- 9Should I sell my paid off car to invest the cash?
- 7Should I sell my farmland or keep renting it out?
- 2Should I keep my inherited family home or downsize?
- 6Is a luxury home upgrade worth giving up financial flexibility?
- 3Should I finish an unfinished garage before selling my house?