Since I didn't get my budgeting video filmed yet, I decided to go with a video I filmed back in November, but didn't get around to posting. A few months ago we sold our house. I mentioned it a bit on Facebook and even promised a video, but in normal Danielle fashion I am just getting around to it. It was on my list, but kept getting pushed further and further down the line.
After Miss Tallia was born and we moved to Arizona, we accrued a bit of debt. There were hospital bills, moving costs, car issues, retainers that needed to be replaced (Libby's broke two weeks after we moved), and a few other things happened. It was one of those "when it rains, it pours" kind of deals. We had wiped out our emergency fund and ended up needing to charge a bit of those unexpected expenses. With debt acquired, we started on the snowball method to attack our debt. We paid it down by a few thousand dollars, but we still had a ways to go. We decided to start looking at what assets we had to sell. We decided on our property in Henderson. We used Webuyhouses.com. We sold our house as is and we closed within 10 days. It was super fast. We sold it "as is" because it still had a lot of work to be done. We had quite a few unfinished projects and some things started to break before we left, but since we knew we were moving, we didn't fix them.
In the video I go into a bit more details behind the logistics of selling and how helpful my family was in the process. They were Amazing!!
XO Danielle
Thank you so much for sharing your story. Having that savings is so important. What a blessing. BTW, I got your book yesterday. I can not wait to read it. Dawn
ReplyDeleteOh I hope you like it!! :)
DeleteI'm a bit confused. Did you make $20,000 profit (as in, you made back the purchase price of your home plus $20,000) or is that the amount you walked away with (as in, after closing costs, you got a check for $20,000?)
ReplyDeleteit is what we walked away with, after closing costs.
DeleteYou mentioned blog taxes. That is a new term to me. I am guessing that is because you make money via the blog? Could you please explain?
ReplyDeleteThat sounds like it worked out perfectly for you! I love how strategic you were about allocating the funds to different categories.
ReplyDelete