Skip to main content

We may need to rent

We haven't sold our house yet. Unfortunately it doesn't look like a good time for people selling. I think the entire economy of the world makes everything so uncertain. People are just waiting to see what happens. I'm trying not to get emotional about this. I'm trying to just be wise. We have 3 choices. First we could just wait. It does take time to sell a house. We will be losing about 1200 € per month. That can really add up. But our house could sell in a few months. Then we don't have the risk of a renter. We could drop the price. But we are not asking for much. Every € we drop the price is a loss for us. Say we drop it 10,000€ , that is a loss of 10,000€. We would honestly need to drop the price 20,000€ to sell it now. So is it worth it to sell at that kind of loss? The last idea is to rent. We could probably get enough money from rent to cover the interest on the mortgage. We still have other costs (taxes, insurance and maintenance). So if we rent our house out, we will loose money too. But the loss is smaller then having an empty house. And in 5 years the market may be better. So maybe we should just rent the house out? We had a couple that was going to look at our house this week. They called to say they found something else. So sad! But I'm trying not to panic...I just need wisdom. That is, Juergen and I need wisdom. Should we wait and see (that cost 1200 € per month) or just find a renter?

Comments

Popular posts from this blog

chicken coop idea

Why not start with an IBC and cut a hole for the door? You could build closed laying boxes into it, and something for the chickens to roost on. Put some straw or saw dust on the floor. You could add vents to the side for air. If it sat inside a chicken run that you can walk into, the chickens could be safe, dry and happy. I have an extra IBC. Maybe this could be my chicken house? I bet I could even plant the outside of it with mud and grass for extra insulation and good looks.

Reading Kingdom

I am very happy to review the Reading Kingdom.   This is an online program that uses a variety of methods to teach reading.   I decided to share this product with my adopted granddaughter Ruth.   Reading kingdom uses a six skills integrative method Ruth only just began to use the program. She is only 3 years old and cannot use the program without help.   But her mom says that she can already recognize words like girl and kids when they are shown on the screen.   Sylvia wrote that she loves the repetition of the words in the program .   That Ruth is memorizing the words she sees.     She will be able to use it for an entire year.   But I expect her to become a very good reader.   And what a great gift to give to any child!   She will have a lifetime love for books.     Sylvia also works with teenage mothers in Uganda.   And many of these women have never attended school.   So she plans to use these ideas to help these young women learn to read. http://www.ReadingKingdom.com what

Taking at look at Hotels select

I have the chance to review Hotels select.   https://www.hotelsetc.com/ This is a really interesting travel club.   You pay a fee of about 200 dollars a year to use their very extensive site.   I got this membership free.   It has many deals of mostly hotels, but also rental cars, flights, restaurants and events around the world.   I have been spending days looking at what they offer.   So far what I’ve found is amazing deals on the places many people go.   For example, hotels in Orlando are 50% less than deals you find at booking.com.   Rental cars are often 25% cheaper than Rental cars.com.   And they have a search where you can book a condo for as little as 250 dollars a week just 1 mile from Disney world.   That is 7 nights for 250 dollars for up to 4 people.   The exact location on Airbnb cost 650 dollars a week. If you travel to places like San Diego, New York City and Las Vegas this site will save you a great deal of money.   If you rent cars you will also find it wo