sell home or not to sell
WE are in a situation where we are thinking about selling our home and buying a class A rv to travel for a few months before we purchase another home. We do not have a mortgage and are both retired wi...
Forum Discussion
valhalla360 wrote:
If you aren't planning to return to the house (as indicated by your post), sell it. By the time you factor in property taxes and insurance, it will be cheaper to pay for a storage unit for a few months.
Then you have better options:
- If you decide you love the full time lifestyle, you don't have to worry about the old house. Eventually, you can have a yard sale with the stuff in storage (or give it to the kids)
- If you don't, when the time comes to buy a new house, you don't have the issue of having two houses with the expenses they incorporate. It makes a much cleaner purchase process and you don't feel pressured to sell the old before buying the new.
Very personal decision, but we were in a similar situation. Sold the house, saving about $25,000-$30,000/yr. (and it was paid for) while we drive around the country figuring out what we will will do on our return and where we will return. Didn't know how it will work out, but not having a house to worry about lets me sleep at night. No time commitments and are actually saving a lot of $$.
