Thread: Sell my house?
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Old 01-16-2008, 09:40 PM
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Default Sell my house?

I am changing my work schedule to 4 10 hour days in a couple of weeks, as well as moving 2 1/2 hours away. I'll be driving in to work on Monday mornings and driving back home on Thursday nights. So, I will have to stay somewhere for 3 nights a week (M, T, W). This will continue until I can find another job (hopefully telecommuting, with the same pay and benefits) so I don't know how long this arrangement will last. I'm thinking of selling my house and just staying in a hotel for those three nights.

Here's my thinking: I pay the following every month (these bills are directly related to the house, and are my actual expenses since my roommate moved out in June - pansy, she liked heat and A/C, and was home a lot more than me, so the expenses used to be higher ):
House payment: $757.15
Internet, cable, phone: Ranges from $96.71 to $151.07. (Depends on when they bill me)
Gas: Ranges from $14.85 to $24.56
Electric: Ranges from $17.63 to $89.20
Water/Sewer/Trash: Ranges from $28.38 to $41.35

Plus, my house insurance this past year was $850. My taxes are included in with my house payment every month.

So, at a minimum, I am paying $914.72 a month, at a maximum, $1063.33.

Let's say that I only pay the minimum every month.

$914.72*12+850 = $11826.64 for the year

There are ~159 Mondays, Tuesdays and Wednesdays in a year. Of course, I wouldn't have to stay ALL of them...I have 2 weeks of vacation I can use, and I'm sure that while using those vacation days, I will cut down on the number of nights in the hotel.

So, if I can find a hotel for < $75 per night, I would be better off getting a hotel for three nights a week instead of keeping my house.

Would you do it? What am I not thinking of?
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