Home > Change is Coming

Change is Coming

April 10th, 2024 at 06:22 pm

We put our house on the market 2 weeks ago. We had our first open house last weekend and are supposed to hear from our realtor regarding offers today.

Holy cow!

The idea to move started during and because of Covid. As I chose not to get the Covid shot, I was told I would lose my job and not be able to work in California. That has since changed, but the idea to move continued to grow.

We are very lucky that my husband's job has approved him to work fully remote and out of state. He will keep his same salary and in fact get a raise because we are moving to a state without a state imcome tax.

We are nervous. We are excited. We are scared.

Both my husband and I have lived our entire lives in California so leaving will be a big change. We will be leaving our family and friends, but our kids (both young adults) are moving with us and they are now the main catalyst for the move. 

We have no idea exactly how this is going to affect our finances, only that it will.

We will make a good chunk of money off of our house, somewhere in the neighborhood of $400,000 before commissions and fees. Our debt will be $5000 or less by the time, or not long after, escrow closes (I will receive my retro check on 5/20 and I get a stipend for coaching; those will be close to $6,000 combined), so we will finish paying that off. But other than that, the rest of the money will be sunk into a new home.

We are hoping to buy some land and have a mortgage smaller than what we have now. As of right now, it is undecided if I will work or not. There is a strong chance I will no longer work in education. I have also been offered a fully remote job, again making a California salary, but I don't know if is something I want to pursue or not.

Our lives are very up in the air right now so I am trying to keep a very tight lid on our finances. I am checking bank accounts and credit card accounts daily. I am constantly reworking the budget to see how much debt we could pay off or how much we can put into our home repair/furniture and appliances envelope, as we know those will be used in a move.

As of right now, everythis is still hypothetical. We need to make enough money off of our current house to make a move feasible so that depends on what sort of offers we get.  I guess we should know more tonight. 

5 Responses to “Change is Coming”

  1. Michelle Says:

    Congratulations on this next phase of your lives. What state are you moving to - Tennessee? We live in Ohio and have all of our lives. It would be strange to live somewhere else.. It would be nice if kids follow. Enjoy the journey and keep us posted.

  2. terri77 Says:

    Congratulations on the move. It sounds like a very exciting time in your life!

  3. Dido Says:

    Best of luck--I hope everything works out well! How exciting!

  4. Brunette Says:

    It is exciting! And scary. Thank you for your kind wishes. We are under contract for our house in California and planning to move to Tennessee. We got a few offers on our home and they were all over our asking price.

  5. LivingAlmostLarge Says:

    Good luck! Hope that it works out. And i can't believe you already sold your house! Why tennesse?

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