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Updated over 3 years ago,

User Stats

4
Posts
3
Votes
Andrew Oddo
  • Homeowner
  • San Diego, CA
3
Votes |
4
Posts

Should I sell my house or rent it out before moving?

Andrew Oddo
  • Homeowner
  • San Diego, CA
Posted

Hello, I bought my first home in texas just about 2 years ago, a 2011 built 3 bedroom 1500sqft home for 124k. I owe about 91,500 on the home now and it's worth around 140-160k now. I'm on military orders to move to San Diego at the end if june. Ive been debating selling the house in texas and trying to buy in CA. however I'm having second thoughts about selling now. I already have a buyer (current tenant) and we agreed on a sale price of 152,000. However this is my first time selling a home and I know there will be other costs involved with selling the house. I'm wondering if its better to just keep the house in texas and rent it, out or sell the house with the intent of buying in CA (but san diego is very expensive). I'll only be in CA for two years so maybe its better to just rent a small studio during my time there and keep my house in texas. Any advice is appreciated. Thank you

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