Selling our home is pretty much a given at this point. It doesn’t look like Donna and I will reconcile at any point in the near future. Frankly, the house now seems like a huge weight I am carrying around for no reason. As long as I am responsible for it, I will be a slave to the system.
Firstly, it’s too big for one person, and secondly, Donna will eventually want her half of the equity. I don’t have the cash on hand to buy her out, so the only logical thing to do is sell the house.
I won’t miss it, personally, since it holds no sentimental value whatsoever. In fact, it represents everything that I believe is wrong in my life at the moment.
However, the main reason for selling the house is to free up some cash so that I may pay off my debts and start a significant savings and investment account. I am hoping that by securing some investments, I will be in the position to leave my job soon.
My short-term plan is to sell the house and move back to the city. I want to try to get a place near the downtown core so that I won’t need to keep a vehicle. I’d like to either walk or take a subway to work. The money saved here will go into the “Phil Freedom Fund.”
Sorry I digress – back to selling the house. I had the real estate agent over and we worked out a few things. Several things need to be done before the house officially hits the market. Much of this is cosmetic, such as painting and repairing a few minor holes and such. I’ll be replacing the carpet in a few rooms and updating some of the plumbing fixtures.
Outside, I’ll be leveling the interlocking brick in the front walk and repairing the rear deck. There are no major repairs needed. I have replaced the roof and re-paved the driveway in the past few years.
I won’t do all this work myself. I can handle the painting and the plumbing fixtures. The rest will be done professionally. I estimate $5,000.00 to complete the work.
I’m estimating that the house will be up for sale within thirty days. I can’t wait until it’s sold.