Adventures in Real Estate
Sunday, May 28th, 2006One of the most stressful parts of the planning process was deciding what to do with our house and furniture. First came the decision to sell vs rent.
Reasons to Rent:
- Our house would stay our house and we would have something to come home to;
- A tenant could pay our mortgage for us while we travel;
- Real estate prices might go up while we’re away;
- We would still have the option to stay in Belleville;
Reasons to Sell:
- We would be free and completely liberated from our worldly possessions;
- We could use the proceeds from the sale of the house to fund the trip (instead of drawing on our savings);
- A tenant might trash our house and lower its value;
- One less thing to worry about while we travel;
- The real estate bubble could burst while we’re away. [read on]
tambour