Comments on: Mortgage Free and Renting http://movetoportugal.org/mortgagefreeandrenting/ Simple living and moving to the sunshine Tue, 22 May 2012 22:13:27 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The {Great} Mortgage Payoff: Progress | Move to Portugal http://movetoportugal.org/mortgagefreeandrenting/#comment-1680 The {Great} Mortgage Payoff: Progress | Move to Portugal Tue, 02 Mar 2010 07:42:33 +0000 http://movetoportugal.org/?p=1648#comment-1680 [...] don’t mind admitting I’m all over the place with my decisions about owning vs renting a home. I love the idea of being totally {mortgage} debt free in a couple of years, and then [...] [...] don’t mind admitting I’m all over the place with my decisions about owning vs renting a home. I love the idea of being totally {mortgage} debt free in a couple of years, and then [...]

]]> By: anna http://movetoportugal.org/mortgagefreeandrenting/#comment-1668 anna Fri, 26 Feb 2010 11:07:22 +0000 http://movetoportugal.org/?p=1648#comment-1668 Hi Laura! I've been away (looking at a potential city to live in :-) ) Interesting to get others' perspectives on the renting out your own house and or buying a new house abroad. When we sold our house in the UK (in the worst week of the financial crisis in 2007) it WAS hugely liberating. We walked away with money in the bank and it felt *so* good and freeing - we felt unburdened and light on our feet. We'd also de-cluttered almost all our furniture! We have had two rentals in the UK since but I've not been happy in either - as I've got older I've realised that I want to be in charge of my habitat (I want/need green, organic, and simple) and this hasn't been possible in the two rentals. I began to wonder if we should buy (France probably). But we don't have a lot of released equity and as you said - we would have to buy a shack inland - do we want this??? As I said to Tony, if I could get a rental such as he found, by the sea I'd probably be happy to carry on renting. I'd like to be nomadic as Dreamer commented, I want to do a lot of stuff in many places and just love the thought of packing and leaving - it thrills me! To own a house - any where, seems too much of a drag to me. I think we have fallen for the bricks and mortar dream: and even now, 'they' are telling us that house prices are going up - better get in quick and buy now before it's too late. From what I read, I think there's still a long way to go before financial health re-appears in the housing sector or the economy. I am almost certain of not buying another place but using our resources to LIVE our lives and not to maintain a money-hungry pile of bricks. Hi Laura! I’ve been away (looking at a potential city to live in :-) ) Interesting to get others’ perspectives on the renting out your own house and or buying a new house abroad.
When we sold our house in the UK (in the worst week of the financial crisis in 2007) it WAS hugely liberating. We walked away with money in the bank and it felt *so* good and freeing – we felt unburdened and light on our feet. We’d also de-cluttered almost all our furniture! We have had two rentals in the UK since but I’ve not been happy in either – as I’ve got older I’ve realised that I want to be in charge of my habitat (I want/need green, organic, and simple) and this hasn’t been possible in the two rentals. I began to wonder if we should buy (France probably). But we don’t have a lot of released equity and as you said – we would have to buy a shack inland – do we want this??? As I said to Tony, if I could get a rental such as he found, by the sea I’d probably be happy to carry on renting.
I’d like to be nomadic as Dreamer commented, I want to do a lot of stuff in many places and just love the thought of packing and leaving – it thrills me! To own a house – any where, seems too much of a drag to me. I think we have fallen for the bricks and mortar dream: and even now, ‘they’ are telling us that house prices are going up – better get in quick and buy now before it’s too late. From what I read, I think there’s still a long way to go before financial health re-appears in the housing sector or the economy. I am almost certain of not buying another place but using our resources to LIVE our lives and not to maintain a money-hungry pile of bricks.

]]> By: Money Funk http://movetoportugal.org/mortgagefreeandrenting/#comment-1666 Money Funk Wed, 24 Feb 2010 20:49:07 +0000 http://movetoportugal.org/?p=1648#comment-1666 I rent... well, I married and my husband has a house. We decided to not to put it in my name. Yet, when we do buy a new house it will be titled to both. I think renting in California... well, if you bought a house when the market was low then it is the way to go. If not, most rentals have atrocious prices stuck to them. When I was younger, I would agree renting was the way to go as it works with my free spirit. But now, that I am more settled, I would love to own a home. BTW, love your inspiration board. :) Can't wait to see your new one. I rent… well, I married and my husband has a house. We decided to not to put it in my name. Yet, when we do buy a new house it will be titled to both.

I think renting in California… well, if you bought a house when the market was low then it is the way to go. If not, most rentals have atrocious prices stuck to them.

When I was younger, I would agree renting was the way to go as it works with my free spirit. But now, that I am more settled, I would love to own a home.

BTW, love your inspiration board. :) Can’t wait to see your new one.

]]> By: Frugal Trenches http://movetoportugal.org/mortgagefreeandrenting/#comment-1653 Frugal Trenches Sun, 21 Feb 2010 18:54:53 +0000 http://movetoportugal.org/?p=1648#comment-1653 I know a lot of people who've sold up to rent and have said they would never go back, they say having those savings in the bank and being able to go anywhere with no distractions or demands etc. Love the picture! .-= Frugal Trenches´s last blog ..<a href="http://notesfromthefrugaltrenches.com/2010/02/21/reclaiming-simple-sundays-11/" rel="nofollow">Reclaiming Simple Sundays</a> =-. I know a lot of people who’ve sold up to rent and have said they would never go back, they say having those savings in the bank and being able to go anywhere with no distractions or demands etc. Love the picture!
.-= Frugal Trenches´s last blog ..Reclaiming Simple Sundays =-.

]]> By: Looby http://movetoportugal.org/mortgagefreeandrenting/#comment-1652 Looby Sun, 21 Feb 2010 07:02:21 +0000 http://movetoportugal.org/?p=1648#comment-1652 Hi Laura, Thanks for visiting my blog- I'm glad I'm not the only West Wing fanatic out there! Good luck with figuring out the rent/ sell dilemma! I'm also impressed with your spending hiatus- I'm not buying clothes between Jan 1st and April 1st or craft supplies between Feb 1st and May 1st, so I know how challenging it can get! Looby .-= Looby´s last blog ..<a href="http://steppingback.wordpress.com/2010/02/20/when-the-circus-comes-to-town/" rel="nofollow">When the circus comes to town…</a> =-. Hi Laura,
Thanks for visiting my blog- I’m glad I’m not the only West Wing fanatic out there!
Good luck with figuring out the rent/ sell dilemma!
I’m also impressed with your spending hiatus- I’m not buying clothes between Jan 1st and April 1st or craft supplies between Feb 1st and May 1st, so I know how challenging it can get!
Looby
.-= Looby´s last blog ..When the circus comes to town… =-.

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