I was on the fence for a while. Do we stay do we move. IF we moved, it was NEW or NO. Thought about that high dollar mortgage vs my current and whats left. Crunched numbers from all angles. If move whats owed when i retire in a NEW. Me and wifey decided on the addition. The two numbers that made the difference to us was 53 plus 30. Diddnt want a Mortgage at 80 years old. Ten years younger?? Absolutely we gone!!!❤️👍🔥💯
If your addition/renovation is large enough, the bank may make you roll your current mortgage into the new loan which still changes your low interest rate anyway
Do you TRULY need a bigger house? You didn't share enough details. We had more space by becoming more minimalistic, repurposed vertical space to clear up more floor space..a closet became a "home office", we used more of our outside space ,we added the smallest 1/4 bathroom EVER in the closet of the room that butted up to the existing bathroom (stole online ideas from Japan)...$2,000 in 2022. We are living well below our means to save cash to move with the kids get older.
Hi Clark. Sure enjoy your thoughts and openness. Your staff family add so much to your show and email! Thank you!
I was on the fence for a while. Do we stay do we move. IF we moved, it was NEW or NO. Thought about that high dollar mortgage vs my current and whats left. Crunched numbers from all angles. If move whats owed when i retire in a NEW. Me and wifey decided on the addition. The two numbers that made the difference to us was 53 plus 30. Diddnt want a Mortgage at 80 years old. Ten years younger?? Absolutely we gone!!!❤️👍🔥💯
Yeah but aren’t you paying basically same amount for the addition?
@@bidmcms3 NO!!!
You forgot one thing: getting a good contractor is not easy where I live there's no licensing you got a 50% chance of hiring a loser...
If your addition/renovation is large enough, the bank may make you roll your current mortgage into the new loan which still changes your low interest rate anyway
Do you TRULY need a bigger house? You didn't share enough details. We had more space by becoming more minimalistic, repurposed vertical space to clear up more floor space..a closet became a "home office", we used more of our outside space ,we added the smallest 1/4 bathroom EVER in the closet of the room that butted up to the existing bathroom (stole online ideas from Japan)...$2,000 in 2022. We are living well below our means to save cash to move with the kids get older.
Love this! Thanks for the great tips on finding more space in your current home! 💚
That idea works when 2 people are sharing that same vision, Smart move!!!
Does the home addition change anything with your current mortgage?
Clark must be on vacation?
What?
@@KC-dr3cg no full episode posted today or yesterday
Clark was feeling under the weather, but he's doing good now! New episodes coming soon 💚