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