Posted on Jun 9, 2021
Should I sell or rent my home after I reclass/ PCS?
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*Considering* reclassing or just finding somewhere I want to really go (NO CLUE) After I pick up my e-5 on July 1st. I've enjoyed my time as an 12B doing RCP, Dog Handler, etc. But I feel like there's more for me elsewhere (New job or new place). Ive been at Fort Leonard Wood since the very beginning, going on 4 years now. However, as a homeowner, once I were to finish a new AIT & PCS or just PCS in general, what did YOU do with your home? I want to rent it out but don't want the hassle... I want to sell but think ill come back eventually... Could just use a little insight.
PCS
Reclass
Real estate
Edited >1 y ago
Posted >1 y ago
Responses: 11
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In this market, you should consider selling. I only rented in a bad sellers market.
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SSG (Join to see)
I would agree with this. Regardless of your return to FLW, you should highly consider selling your house. The market is near all time highs.
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Beware of renters, even if you have a good property manager. A friend leased his at Camp Lejeune while on Okinawa. They trashed the place to the tune of about $50K. Even took the fixtures and appliances. Rebuilt Harleys in LR, bred Dobermans in one BR. Used hardwood floor hallway for burn outs with bikes. Luckily he had a low deductible on insurance. New properties are selling before they are finished now, so your call.
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I would suggest you sell it. The reasons for this are fairly simple. You are going to reclass or at the very least PCS to a new duty station. You have a family and even picking up your E-5 it means that without selling you would still have a mortgage hanging around your neck. Add to this the hassle of renting. You could could find an agency that would rent, screen and upkeep the unit but again that is a hassle that you really do not need. Best course is to sell the unit, pay off the mortgage and possibly pocket some extra cash that you could use now for things that you and your family need or might want.
Homes are easily had. Maybe as you grow in your career you will find a place that in the future you will want to call home and you can buy another home. For now, cut it loose and journey unhindered.
Homes are easily had. Maybe as you grow in your career you will find a place that in the future you will want to call home and you can buy another home. For now, cut it loose and journey unhindered.
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SSG (Join to see)
This is exactly what I needed to hear from someone else. I appreciate it. The wife and I spoke last night and this is pretty much what I said to a T.
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