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To: Repeat Offender

Thanks.

I am concerned about real estate prices dropping all at the same time.

Only place I could find work QUICKLY would be PA.

I’m not well traveled and don’t know many other areas.

No point in lying.


57 posted on 09/02/2019 11:24:56 AM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: dp0622
Np. I had to move around a bit (military). Moving to a new area can always be daunting. It's hard enough even when you know you'll have camaraderie waiting for you. I don't envy your position - if you're not well traveled and may not have an extensive support network at a new place.

However, you may be able to take it a bit slow. If you own now and can sell - it may be worth selling and moving to PA and renting. (If you're comfortable with PA). Yes, you're lining someone else's pocket when you rent. But, consider it as a research expense and you don't have to worry about direct impacts to a drop in the real estate market.

Once you get somewhere outside of your current circumstances - maybe consider taking short "vacations" to new areas that have work in your field. Consider staying at AirBnBs or Home Aways (generally houses someone else owns) that should give you a feel for the area/neighborhoods. You can experience something new and maybe get a feel for - is this "home?"

I had previously been stationed in this area of VA for several years. A lot had changed in the 3-4 years I was gone (and I suffered through the market collapse). When I came back I/we rented for almost three before my wife and I bought a place - just to be "sure."

I found two things to be either true, and/or sound advice:

#1 Easier to find a job when you have one

#2 Renting in an area before committing to buy can ease some anxiety and assist your decision making

-- The wife and I have been considering eventually moving to Florida. We know nothing about Florida other than the vacations we took. It just seems like a nice place we could settle. If/when we decide we're serious about considering Florida - we already agreed on the AirBnB route before determining if the state/areas are for us -> then rent -> then maybe buy. If it doesn't seem for us, we won't go through with it, and can feel out somewhere else before we're stuck.

Your mileage may vary.

69 posted on 09/02/2019 12:01:39 PM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
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