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April 19th, 2009 at 08:26 pm

56% ...

Based on a rough estimate of what settlement costs will be, our new house will wind up costing us 56% of what we netted on the sale of our former house (after paying agent commissions, sales tax, escrow, etc.)

The 2 houses are amazingly comparable in terms of size, quality, neighborhood (once you get past the whole Pacific Northwest vs. Texas business ... lol), etc.

As our friend Tripods68 would say: "It's a beautiful thing"

8 Responses to “56%”

  1. creditcardfree Says:

    Congrats! And what a deal. Am I understanding that you will have no mortgage?

  2. Apprentice Bliss Hunter Says:

    Great financial move !! :-)

  3. homebody Says:

    So that's it staying in Austin. Hey I wish I could move there from California!

  4. Joan.of.the.Arch Says:

    Wow! Further underscores my lack of understanding why more people aren't taking the money and running from the expensive West / Northwest.

  5. Ima saver Says:

    That is great!!

  6. monkeymama Says:

    That's great! Cograts again!

    We were lucky we only had to move 2 hours away for a 66% price reduction. But not like we saw that price reduction - we couldn't afford ANY single unattached home where we moved from. But I've said many times, best financial move ever. No mortgage, would be even better!

  7. scfr Says:

    Thanks guys. I'd be lying if I said it was a piece of cake relocating, but it definitely has been worth it.

    Creditcardfree, you're correct ... no mortgage.

  8. frugaltexan75 Says:

    Suh-weet! Texas rocks. Big Grin

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