We're downsizing...or are we?

Post date: 2024-03-29 02:38:16
Views: 165
We're looking to downsize to a smaller, less expensive house. My wife, theoretically in agreement with this idea, is balking at making offers or counter offers. We've been at this for two months so far, and I'm losing hope. Advice welcome.

I'm 63, still working (at a startup), and providing most of the income for my wife and I. My wife is 66 and retired. I would like to retire and, given the state of tech employment these days, I may "get" to retire via RIF (the startup isn't doing great). Looking at our expenses and the size of our current home, it makes sense to me to downsize to a smaller and less expensive house. We have pre-approval for a loan for a new house and plan to buy the new house, move, put our house on the market, apply the proceeds to the new house, and re-amortize the loan. My wife, in principal, agrees with this plan. However, when it comes to actually making an offer on a house, she balks.

We've been looking since February 1. In our area, houses are getting multiple offers and going off the market within a week. We have made one offer on a house during this time, despite visiting 5+ houses a week either via open house or with our realtor. The sellers of the house we made the offer on counter-offered. At that point, my wife got incredibly offended and wanted nothing to do with the deal. This week, we visited another house. She liked it and we left the house with our realtor ready to make an offer. The next day, when it came time to sign, she balked again and yelled at me for putting pressure on her.

I'm giving up hope here. Any advice
Please click Here to read the full story.
 
Other Top and Latest Questions:
Airfare is 23% higher than last year. Is now a good time to use points for flights?
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
Trump doesn't think Russia plague incident is bioweapon, plans Putin call Wednesday
Cramer says higher rates are splitting the market in two — and AI stocks have a big advantage
Trump trade chief Greer reports higher cash holdings as law firm pay topped $650K
Attorney for supplemental needs trust in North Carolina
Movie: Digger
The Great British Bake Off: Biscuit Week
Snowpiercer: A Moth to a Flame Rewatch
America shut out Chinese EVs. Britain welcomed them — and now faces a difficult choice