It’s been four days since Mr. PoniesandFIRE and I agreed that downsizing would be a good plan and neither of us have changed our minds! All the other times we’ve discussed this, we’ve changed our minds within 48 hours or less. I guess this time we are going to do it!
We have been working out a tentative timeline and list of projects we need to finish before it’s realistic to list our house. About a year ago we had a couple realtors go through our house with us, so we have a good idea what needs to be done to make it more appealing to the average buyer.
Mr. PoniesandFIRE also told me last night that he’d really prefer we have the truck paid off before we sell as well, as it will be one less payment to worry about while we are in limbo. I like that plan, but that’s $22,440 to pay off. We have sent a timeline of 11 months to get the house on the market, so we had better get our keisters in gear to accomplish all this!
We have about $25,000 in renovations (smaller projects to be done by us, with a couple bigger projects to be done by pros) and some major decluttering/selling of stuff to do. We already have $6,500 towards these projects saved, so that’s a start at least! We are estimating high on some of the projects, so ideally we will come in under budget somewhere.
I’m going to go home this afternoon and list at least three things on FB Marketplace and Let Go. We need some stuff to start exiting our house and any extra income we make selling our junk is going to be put to quick use on these goals.