I was asked this a couple of weeks ago. Yes, I'm paraphrasing... but the intention of the question is still the same. It's a fair question. Not a great one, but a fair one just the same. I think I can give a better answer if I type than if I try to verbally answer it. so here it goes...
First I think it's best to realize what kind of housing market we are in:
- It's a Buyer's Market
- Very Competitive
- Flooded with foreclosures and short sales.
In order for me to get the money I need to get out of this place, I will have to finish all projects that were started and not finished. As well as spruce up the entire place. When there are 10 similar properties on the market and the only differences are price and amenities. They can either buy a house for 100K and do the repairs themselves or spend 150K and get a house that is turn-key. As the foreclosures are dwindling in my neighborhood, I want my house to stand out from the rest. Not very many of my neighbors have kept up with any upgrades or anything above basic maintenance. So when I complete the projects I've already started and mostly paid for already... I should be way ahead of the game.
Also, If for some reason I end up staying here... things will be done.