by suzycue on September 3rd, 2008

suzycue

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I am thinking of selling my house, buying a motor home, and just travelling for a year or two. With the price of gas, is this a dumb move?

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Answers. 6 helpful answers below.

  • by Lori K still ignores stalkers and trolls on September 3rd, 2008

    Lori K still ignores stalkers and trolls

    Not particularly if you can afford it, but instead of selling, why not consider renting your house out instead. You will have a monthly income to help defray your travel expenses and won't lose any value or equity. win-win

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  • by Snowman on September 3rd, 2008

    Snowman

    Yes it is. Your house will appreciate in value each year. That motor home will depreciate each year. In fact, it will loose a huge chunk if it's value as soon as you drive it off the lot. In a few years you'll be lucky to sell it at all.

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  • by Carmella on September 3rd, 2008

    Carmella

    Given the suboptimal market for selling houses, it doesn't sound like the wisest thing to do right now.

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  • by bowlermommy07 on September 3rd, 2008

    bowlermommy07

    Depends on how high your property taxes are where you live now.

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  • by Blade1 on September 3rd, 2008

    Blade1

    No I don't believe it is dumb, however what I would have to ask is about the life itself so to speak. If you are traveling with a significant other what would you do if something happens to that person? Would you be left out in the cold, broke with no house or spouse?

  • by Drmora23 on November 9th, 2010

    Drmora23

    I suggest not to sell you house that easily. i think it is good to wait until you can already afford a motor home without selling your house. But it is still up to you if a motor home is a dream house for you, make sure to find for a good solicitor to help you sell your house.

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Sold my house and bought a motorhome