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Old 08-05-2008, 05:52 PM
Location: Home!
8,710 posts, read 10,382,435 times
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Good advise, caligurl!! What would you do if the home was not in a good selling area? (like MI where I am)
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Old 08-05-2008, 07:00 PM
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I agree we moved from Michigan because of the job market. My husband found a good job in Minnesota and there he rented a room and that was very cheap. He then was offered a better job in Virginia and we went there. He was lucky when he got there that some co-workers let him sleep on their couch until I could join him and rent a home. It was very hard to be apart iot was almost 4 months and our kids had a really hard time. You might want to go where you found the job and see what the job is like. Nothing is for sure these days and you could find that it doesn't work out. That way your family isn't uprooted. You can also check out the area and get peoples few on where to live. Don't rent a house without your wife ask my husband how that doesn't work out. Are we living in the house he rented ..NO. It is all very hard and hard on all the family. We moved to North Carolina and mu husband works in Virginia. We are like ducks out of water and I'm not happy. I like the house we rented but it is soo hot here that my kids can't play outside. I too have three older kids still in Michigan and 4 with us here. I miss family and the feeling of belonging. Good Luck
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Old 08-05-2008, 11:51 PM
Location: Norcross GA
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Kimba01 maybe you can rent to someone that you know and trust while you are away. Also maybe you can do a lease/w option to buy with someone that wants to buy but can't right now. In that case they are more likely to take care of yr property since they will eventually own it. You can give them a yr lease and after that they have to get financing to buy it. I am not sure about the particulars but I know you need a contract like any other legal transaction and I think part of the money they pay towards rent goes towards the down to buy. So of course the rent has to make sense for you too.
Say yr mortgage is $800 and you rent it for $1100. Then the buyers have a $300 credit ea month towards the purchase.

There is a website that have those lease options to buy for all over the country. A friend of mine used it to do that in TX.
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