'been our haven for 7 years... For sale or for rent?
By Lhenni
@Lhenni (1242)
Philippines
February 7, 2011 6:24pm CST
Can you give me advice or reasons why we should let our owned property to be "for sale" or just "be rented"?
We acquired a house & lot year 2003 not thinking on long-term. It's only in a 55 sq. meter lot, without garage... and we are just starting a family then... we renovated it, paid it in full that costs us a lot.
And now, we are planning to buy another house & lot that will fits our wants & needs. We want it in a big lot to a more suitable house to our big family now,.. we don't want now to street parked our car for safety purposes, nowadays carnapping is rampant anywhere... 'just thankful our subdivision is somewhat secure.
My husband wanted it to be for sale, while I want it to just be rented.
5 responses
@sweet_pea (3322)
• Philippines
8 Feb 11
Wow, we are basically on the same boat here Lhenni.
My husband wants our house to be sold, while I on the other hand want it to be just rented, for sentimental reasons. I inherited the lot from my parents, and had the house built on our own.
Putting the property for sale would enable you to raise funds for your new house.
Can you afford to buy a new house, without having to sell your previous house?
If yes, then I think you can keep your previous house as an investment. You can have it rented as additional income for your family.
If not, let go of the property. I know it has been your home for 7 years and have so many memories with it, but one thing I learned is you can't be attached to material things. Sometimes, they just have to go.
@Lhenni (1242)
• Philippines
8 Feb 11
We're really a woman of passion and sentiments *lol... But anyway, best option will prevail.
I must admit that my husband is always logical & practical when it comes to decision making. And the good thing is he doesn't disregard my importance being his better-half. He makes me realize the this & that of things... I tend to oppose at first but in the end I concede...
.. I will be your good follower sweet_pea...
Happy discussing with you!
@sweet_pea (3322)
• Philippines
9 Feb 11
I sometimes pissed my husband because I always want my decision to prevail.
I want his inputs but at the end of the discussions, I still want to have the final say. It would take me a couple of minutes to realize that sometimes, what he says make sense. Between the two, I'm the logical and practical one. He has so many things that he wants to do, but I want the specifics. Somehow we manage not to cut each others throat. 
I want his inputs but at the end of the discussions, I still want to have the final say. It would take me a couple of minutes to realize that sometimes, what he says make sense. Between the two, I'm the logical and practical one. He has so many things that he wants to do, but I want the specifics. Somehow we manage not to cut each others throat. 
@rameshchow (4426)
• India
10 Feb 11
In Land and real estate matter we will be clear.
In selling and buying or renting big homes, before these works we will consult a family legal advisor. Many of us no need to have a family legal advisor, so it is better to consult the priver(expert) lawyer who is exper in land related matters.
I have a dream to build a wonderful home with crores of dollars...hahahah..
@vexxus (712)
• Philippines
8 Feb 11
if you want to buy another house & lot, and your budget is a little bit short, you can sell it as a mean of immediate source of fund, on our community, our neighbors and friends main source of income is house rentals, i suggest that make it just rented for an extra income...
@sundream (18)
•
8 Feb 11
house !house !
Property market always arouses people'a attention.Here many friends have advised you about how to make your tough choice. I suppose that you clearly know theirs pros and cons of for sale or for rent. It only depends on your judgement. But now no one can say which option is correct when you look back at the decision you gonna make five years later.
