Owners in the US right now have 8 options of what they can do with the property they own.
By focusing on all possible options, Owners can more clearly see, in their own situations, which are NOT options… and which ARE.
And when Owners clearly understand the pros and cons of each option...
They can make better decisions. I hope this helps YOU in your best decision.
Option #1 - Keep the property, make the payments, and live in it. If the home works for you location-wise, size-wise, cost-wise and you’re enjoying it now, great. No one is going to make you sell if you’re making your payments. If it will NOT work for the upcoming next real estate cycle, keep that carefully in mind. The market is very good. It will not always be.
Option #2 - Keep the property, make the payments, and rent it out. If it’s been a rental, you can choose to keep it one. If it’s been your primary residence and you want to turn it into a rental, talk...
I took a note recently. It's what I do... I write things I am listening to on pieces of paper or in an open email. Could be a speaker, could be a show, could be a coaching call... It's a habit I've created.
I am not sure where I was when I took this note. It's on a bon appetite long narrow paper that says "shopping list" at the top, lol. Something the magazine must have sent me with an invoice or an offer.
It says "Creating a New Habit is Like" at the top. And then has a #1, 2 and 3 listed below.
#1 says - Like moving boulders and taking out trees and removing shrubs from a new path to get to ________* (that apparently meant to get to whatever new place you want to be with your new habit)
#2 says - Like trudging through the messy path made by the tree and boulder and shrub removal in mud up to your knees and with debris all around and picking up the rubbish a bit more each time to go to _______*
#3 says - Like continuing to weed and smooth down...