Selling your home and moving after spending years in the same area.

[Ronald H.]

This subject is not pleasant for me.

I have my Dear Mother's home. God bless her, she is now in heaven with her husband and others.

My dilemna. I am a bit depressed and I own my Mom's place. It needs a lot of work and I will not be able to catch up on it. 

Latley, I thought that it would be good to move into a smaller place with half the room and half the acreage. My hope would be to get enough from the Sale of my Mom's home to move and have some money to get on my feet in a cheaper area, where living expenses are half of what they are now. I posted a Craigslist posting, and I get bimbo's who don't reveal their identity.

I work for a Broker doing "Grounds Maintenance" and he has told me to Sell for no less than Assessed Value, but with everything I have learned here that idea, might not work. 

Since I want to enter the Investing arena, I know the 70% rule and deducting the repairs, holding costs, selling costs and the basic formula's used. The summer is half over and I figure if I sold now, possibly the Investor would have lower holding costs, then if he bought during the Winter months.

If I use Craigslist, should I require any leads to specifically identify themselves? 

Should I require a Proof of Funds for any people to walk through the house? I don't want every average day Harry walking through my house. I want to see a track record, since I will be selling to Investor's due to the condition of the house.

Everyone here invests or wants to invest. We want to make money and grow a business, however I want to sell this house and use the proceeds to buy another place and have some cash left over to establish myself and perhaps start making offers on distressed properties.

Assessed value of home: $259.2K ARV: $275 to $285K Assessed Land Value: $147K

Property has a septic tank. Should I get a Title V inspection done, or leave the unknown to the new buyer who will undoubtedly factor in a safety cushion and I will get a lower offer. Everything seems fine with the septic tank. No tall grass above the tank or indications of leaks. Last pumped in 2012.

Removing all my parent's memories seems to be a hard thing for me, as well, and is holding me up.