Featured Lifestyle Podcast

You Both Have Your Own Home, Who Should Sell Their House?

November 3, 2017

My listener is engaged and her fiancé owns his own home. Here’s the thing… she owns her own home too! Who should sell their home??

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Share your thoughts on this situation below and then tune in to this weeks episode to see what I suggest. Or download it now and listen later for a more thorough breakdown.

MY TIPS

When thinking about who should sell their home I’d suggest you consider a few things:

LOCATION

If you have children the location is very important.  You may not want to relocate your children from their current school district. If you don’t mind relocating your children then I’d advise you to consider which home is in a better school district.

Additionally when considering location is your family and support system. Is your mom and dad near by? Aunt’s and Uncles? Best Friends? Would relocating force you to lose your child care?

What about work? If you relocate would this increase your commute to work? Would you have to get a new job?

SIZE

The size of the home matters to me, but does it matter to you? Would you be able to fit your new life into his home? Or would you all live more comfortably in your home?

AMENITIES

If one of your homes offers certain amenities that add to your value of life – large back yard, garage, basement, laundry room, multiple bathrooms – this is something you should consider when choosing which home to live in.

QUALITY

Are either of you living in a home that is old and in constant need of repair? Do you really want to move your family or keep your family in a money pit right after you get married? I think not.

VALUE

Do you have to sell either house? What about turning one into a rental property? If you’re positive that you’re not going to keep both homes sell one and make some money!


Also In This Episode

WHAT’S GOING ON?
I went to Dallas last week with my daughter for a modeling gig! Tune in to find out all I did last week!

GET WELL WITH JENELL
What are my favorite vegan protein sources. For more wellness info get my healthy living series podcast workbook purchase

BOSS MOM MOVES
Today I’m sharing how I turned a NO into a YES!

MONEY MOVES
Meet Tiaa Rutherford Farrell of TeTes Butter Co. Find out why she’s a money mover! Shop her all natural products at TeTes Butter Co.

Meet Olivia Michel of By Grace Expressions. Find out why she’s a money mover! Shop her stationary at By Grace Expressions.

Are you a business that would like to be featured in my Money Moves segment? Send your info to podcast(at)jenellbstewart(dot)com

Enjoyed this podcast? Please rate this episode 5 Stars! And while you’re there would you be so kind to review this episode on iTunes?

Inhale Confidence, Exhale Doubt.”

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22 Comments

  • Reply Renisha Thomas November 5, 2017 at 6:19 am

    These are some great tips to really consider. It’s a ruff decision too especially if both partners have a good paying job. Which one would have to quit and look for jobs. At the end it all boils down to having a open communication on either end
    Renishath@gmail.com

  • Reply Cathy Cole November 5, 2017 at 6:20 am

    I think if a husband and wife are willing to work together and sell the house both of them should split the profits.

  • Reply Corrie Napora November 5, 2017 at 6:48 am

    Personally I would choose the home that is in the better school district and is in the best condition. Make pro/con lost and make the best decision for the family.

  • Reply Lorine L. November 5, 2017 at 6:57 am

    Great tips to consider. Anyone in this situation should weigh the pros and cons like which would be better for them and family in the future. I definitely like the idea of making one home a rental property to keep the money flowing in. (lorinep1@yahoo.com)

  • Reply Kirsty Fontaine November 5, 2017 at 7:10 am

    I think your criteria is spot on. There’s no magic answer. It really just depends on the couple and what they’re looking for. And you’re right! Who’s to say you can’t keep both houses. Great piece!

  • Reply MICHELLE L DANIELS November 5, 2017 at 7:54 am

    That is a hard decision especially if both have kids and their jobs are near their seperate homes. It would be idea to have one home and keep the other for rental property. My thoughts are if their homes were based on previous relationships, ex-spouse, then they may want to sell both and start life together that way. mldshelly12@gmail.com

  • Reply Gayla Gilmore November 5, 2017 at 7:56 am

    I have been watching you through out your entire weight loss journal, and been to the hair meet ups. You are such an inspiration. Keep telling you truth and shooting your knowledge. You give us black girls hope!

  • Reply R faith Lewinson November 5, 2017 at 8:20 am

    Great advice!

  • Reply Kelah Brown November 5, 2017 at 8:33 am

    Great podcast! Selling a home can be a very difficult task. You gave grea tips concerning size and location. Personally, I would just rent out one of the homes for about a year and then make a decision. I also love your health tips. I just completed my second half marathon this weekend. It was such a great experience. I’m not sure if you are still running. If so, make sure you participate in at least one. Running has truly changed my life.

  • Reply Ashley Prince November 5, 2017 at 9:44 am

    I would say plan within the first year to sell both homes. The main issue is making sure that both spouses are comfortable and they don’t feel as if they are moving into their spouse’s home. Memories and pasts can easily over Cloud that stressful first year of marriage. Anyway I would say they should move into the less lucrative home and sell the one that is the quicker sale. They should set the deadline to be a year and within that first year they are to have sold both houses and found their forever home together.

  • Reply Sherry Brown November 5, 2017 at 9:50 am

    I believe the couple should consider using one of the home as rental property. In the meantime, live in the other house until they are ready to make plans to build or purchase a new home together. I’m still working on a leaner me! sebrown@sc.rr.com

  • Reply Leslie King November 5, 2017 at 11:06 am

    These are great things to consider when coming together in a relationship. I would definitely look at having one as a rental property or maybe selling both and starting over together. lshevon85@gmail.com

  • Reply Helen Thomas November 5, 2017 at 12:22 pm

    You are absolutely killing everything you do💜

  • Reply Onyinye Elochukwu November 5, 2017 at 1:06 pm

    Those are great tips. I’ll also consider selling both houses if possible and getting one that both of us will love and make ours.

  • Reply emily November 5, 2017 at 1:25 pm

    Great tips. I think size and location are the first things I would consider.

  • Reply Gracia Accius November 5, 2017 at 3:37 pm

    You touch on the important things to take in to consideration. I personally would rent the second house and do what’s best for everyone.

  • Reply Gracia Accius November 5, 2017 at 3:39 pm

    You touched on everything that should be considered in making this decision. I personally would rent one of the houses taking in account what’s best for the whole family

  • Reply amanda whitley November 5, 2017 at 6:19 pm

    i never went through this personally since me and my husband met young when we were living at home but always good to know in case a friend should need the advice!

  • Reply Toya November 5, 2017 at 6:59 pm

    I think these are all great tips! In general, all these tips are important when it comes to selling/buying a home and potentially having an investment property. It’s emotional, but setting emotions aside (as hard as that will be) – you must consider all pros and cons, effects and affects this decision will have on you and your family.

    Email: PoochisPlace@gmail.com

  • Reply Hope Ford November 5, 2017 at 8:45 pm

    Great tips! Things to consider and a lot that o had not! Thank you for sharing ! @mustanghope08

  • Reply Fleeta November 12, 2017 at 11:54 pm

    I really enjoyed reading this information. Going into a relationship questions are put on the back burner until it is to late and then unexpectedly feeling might get hurt. Feeling wanted and valued in a relationship is essential and the methods you have laid out will be a win win for both parties. But unfortunately when no agreement can be had it time to sell both or rent both and find a new place for the both.

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