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All Forum Posts by: Debbie Cheater

Debbie Cheater has started 1 posts and replied 1 times.

Market Trends & Data

Post: Listed mother "Free and Clear" home for sale, is this smart or.?

Debbie CheaterPosted
  • Posts 1
  • Votes 1

My mother's home in Kuna Idaho is free and clear and is listed currently of 415K. My mother (widow) was recently placed into a nursing home and her home was just listed on MLS is this the right move? My mother has a nest egg of cash to support her for approx. 5 years to live off. Selling her home would put the 415K added to the nest egg and allow for comfort financially. VS the other option of keeping the home and allowing it to be managed and rented out for a approx. $2100 monthly. There are two adult children that would be on the will if anything were to ever happen. What is the right move, what would you do?

Home is located 

860 S Tanami Ave, Kuna, ID 83634 | MLS #98857546 for reference.  

Thanks! 

1 Vote
Meridian, Idaho