This week I had several people around to value my little house and I was over the moon to discover that it’s actually worth slightly more now than it was a few years ago. It was also interesting to see how overpriced 3 other houses are in my street, all either gone up for sale in March or “re-valued” in March (probably as a result of the other 2 going up far too high – in my opinion).
The next piece of good news was that my redemption figure is not as high on my current mortgage as I thought it was, and there’s no penalty fee for early settlement. This is a proper double-whammy. I don’t think I’ve ever had to redeem a mortgage without some kind of financial penalty imposed.
The next house up from mine (which just happens to be next door) is up for approximately £5,000 more than anyone thinks it’s worth (apx $8,245). The one across the street and another up the road a bit are £10,000 more than anyone thinks they’re worth (apx $16,490). Apart from, obviously, the people selling them. As we’re happy to go in at what the house is actually worth, if we decide to sell, we can use these 3 overpriced houses to our advantage.
Whether we rent or sell the house is still open for discussion over the weekend, but regardless of either, any money raised will be used to clear existing debt and also go towards our Big Adventure next year. Either way, things are looking a lot rosier than they were just a month ago.
This is just the icing on the cake at the moment, as everything else is going so well and so positively. The Cosmos has certainly come up with the goods here.
I’m really very busy at the moment, which is really very good, but it means I don’t have very long to stay. And this weekend is Mother’s Day in the UK, so we’ll be having a busy time then too. We also have our big shop to do and a small dog to big walk.
It’s the wrong time of year for roses, so here’s a picture of some heather taken at Langest Reservoir last summer – he’s really very proud of it. 🙂
Have a great weekend.