Comments on: Non Financial Considerations Of Selling Your Home: Should You Sell Your House?

By: Jason @ One Money Design

Jason @ One Money Design — Fri, 12 Feb 2010 17:45:24 +0000

Monevator, That’s an interesting thought. I suppose keeping your existing house as an investment is a consideration. Obviously, this leans towards making an investment decision and there are some non financial and financial considerations. As you mentioned, whether or not you’re cut out to be a property owner in dealing with renters, etc. could be a good non financial consideration. Do the numbers make sense is obviously the financial aspect of that decision. Good thought here. I appreciate you mentioning this.

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Fri, 12 Feb 2010 12:15:17 +0000

[...] week I discussed non-financial considerations in selling your house at Bible Money Matters. It’s the second post in a two post series helping you answer the [...]

By: Monevator

Monevator — Tue, 09 Feb 2010 18:46:41 +0000

I’m not sure how relevant it is to your article, but another aspect to think about is whether you could lease out your house either permanently or temporarily even as you move to buy another.

A lot of people will need to sell to generate a down payment, I appreciate, but if you can build up a string of strong rental properties by leasing out your home as you move, then after 4-5 moves in the average lifetime you’d have a strong portfolio of properties.

I’d say it’s a non-financial consideration because you have to think about whether you’re cut out to be a property owner on a commercial scale, whether you can deal with the extra risks and hassles, and so on.

By: Jason @ One Money Design

Jason @ One Money Design — Mon, 08 Feb 2010 18:13:54 +0000

Kyle, those are two great considerations. I should have thought about impact on family! Jason @ One Money Design´s last post ..What the Bible Says About Money: Savings

By: Kyle

Kyle — Mon, 08 Feb 2010 16:18:45 +0000

Just the work of packing up and moving is more than enough reason for me to stay right where I am. Another non-financial thing to consider is how moving would affect your children. Would they be in the same school district with the same friends? Kyle´s last post ..Keeping up with the Joneses, In a Good Way

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Mon, 08 Feb 2010 16:13:49 +0000

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