Jul 012010
 
Many people get ‘the bug’ to get a new car occasionally. No real reason to replace the one you have, just ‘they see something new and just gotta have it’. Most people view this as they’re already making a payment, might as well make it a few more years. This mentality can lead to perpetual car payments for the rest of your life. Great when things are good but, well you get the idea.
Derrick Team Transport

My Reliable 10 Year Old Car

So the best advice I’ve heard when you get ‘the bug’ is really true. Since you get the best bang for your buck if your trade-in vehicle looks top notch, spend a day cleaning, waxing, and making it look its best before you head to the dealership. The reason that’s such a good idea is that you might sit back and realize your current car looks great and will be paid off next year. And common sense kicks in and you keep it and save a lot of money.

OK, now let’s think about your home the same way. There are always reasons that trump this way of thinking like job relocation, don’t like the area, or just tired of walking up and down stairs.  But if you just think it’s a tired old home and you want something new, keep in mind you need to freshen up the look to sell it, so what the hell, figure out what you don’t like and work out a budget. Then decide if you made those changes to the house it would be fine. Need more room? Maybe you can add an addition for less than all the moving expenses would add up to. Kitchen just not up to par? Would a remodel be worth the effort instead of an entire house replacement? Just sit down and write up a list and get some quotes. Then check with a REALTOR® to see what the current market is like. This gives you an idea of what the real costs of staying vs. moving are.

If you find yourself in this position, feel free to call or text The Derrick Team at 317.563.1110. I’ve done a lot of remodeling myself and can give you real world advice on what’s worth the effort, and what to walk away from. And we’ll help research the market to see what’s the best approach.

You’ll get a much better feeling with whatever decision you make then as you know it was the ‘common sense’ approach to dealing with ‘the bug.’

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