A lot of people are saying that it is best to rent out your former home rather than selling it completely. Why? Well you have been paying to pay off the loan for years and years, do you not think that you should be getting something in return for all the endeavors you have been through?
A good thing about renting out your former home is that you just have to make an agreement with your tenant, set an amount and get her or his rent every month. You can also arrange for your tenant to do the maintenance on the house and cut his or her rent down a bit.
Family Home
Now if you are going to sell your house, all the years of working yourself to the bone will be gone. Compared to just renting it out, which is like a temporary goodbye, selling your home is like chopping one of your limbs off and selling it to the butcher.
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