All Forum Posts by: Mark Y.

Hi Teri,

Correct we have lived in the property >2 years. 

I also have thought of the CD plus some money market/high yield savings.

Thank you!

Purchased for 450k in 2019, current retail value~575-600 conservatively.

rental vacancy rates about 6-8% depending on season

definitely a sellers Market here house are on market <10 days in most comps we've seen in our direct neighborhood. 

as far as diversified assets, are you talking like Roth, brokerage accounts?

thank you!

What should we do: wife and I are potentially taking an international rotation to Europe. We currently own a 4bdr house, about 370k left in mortgage, retail value ~580-600k, monthly mortgage ~2600 per month

We would be gone for 2 to 3 years. Should we sell and try to buy a house when we come back or even build? Or hold the house and rent it out? Listed Rent would be between 3500-4200 per month depending on a local property management company strategy.

We have assessed our budget and goals while in Europe and would not want to maintain a mortgage in USA (vacant) AND a rental payment in EU.

further details: we are 3 years into the loan at 2.625% int, primary and only residence owned, house will need 2 new AC in next 2 years, water heater, and driveway repairs, would only rent with a property management company as we will NOT want to manage from abroad. 

Thanks in advance!