Is it ever a good idea to go from owning a place to renting again?

we were in the same situation. we lived in a dif town and we had a nice house. we sold it when my husband found a job here and moved to a different town. we decided to rent for a year to give ourselves time to buy something we really liked. good thing as he got another new job and we moved again. this time, we did a lot of looking around and we would never have been able to afford a house comparable to the one we had in the first place. anything even remotely comparable was always in bad parts of town on needed so much work that it was almost uninhabitable. i think you are doing teh right thing. real estate markets are very varied from town to town and you want to be sure you get the best deal for your dollar. real estate markets are also very overinflated. good luck.

I do not know what coverage you signed for at this distinct condominium difficult. But I recognize a girl who controlled to wreck her rent a few occasions via discovering yet another tenant for the owner who was once appropriate to the owner. The different tenant then took her rent over. Often there may be only a penalty of 1 or 2 months hire in the event you holiday your rent. Read your condominium contract to uncover this out. Was the condominium now not occupied the complete time in your rent or now not? If the condominium was once rented out once more I do not suppose the difficult can acquire hire from you. If they left it empty I am afraid they frequently can. I could attempt to uncover this out and likewise get recommendation from a regional renters arrangement. Most greater cities have whatever like that. As so much of my landlords didn't ask for references you will have to be ready to uncover a position, however frequently now not in an condominium difficult. Some landlords additionally investigate your credit score ranking, I do not understand how you stand there. Most personal landlords did not question me some thing.

I dont feel it is so much a problem, as you already own a house and you are also emotionally attached to it. In a way, renting sounds ideal initially in case you have no idea how long you are going to be in the new place. Alternatively, you are also in a position to buy a new place through loan instalments for which you can afford to pay easily from renting the present house. It is prudent to think through the whole process carefully, like tax savings in housing loans, etc. before making a final decision. All things considered, I don't feel you have such a huge problem after all, if you just rent a place initially and then think through gradually.

Rent OUT the condo you live in now... and rent a place in the city you are moving to. This way you have the best of both worlds. You can go back to the city you love in the future. Also, you will be building equity in the place you still own and it will also appreciate.

i think you are thinking right. Go to the other city, meanwhile, give your condo on rent to some one known, for a small period. You'l earn money and meanwhile take a rented accomodation. It ahs its own advantages. The maintenanace is not your headache. Live life enjoying, like a holiday, and you know when you are coming back, you have your own roof to protect you.

Pack your bags, and get going;-)

if you are going somewhere for good it is better to sell your house and buy another to where you are destined. but if you are assigned temporarily i suggest you just let your house for rent and the rental fee you get is the one you can used to rent to your new place, and still you have your property intact.

do it