Selling a home to a couple on the threshold of marriage is one of our favorite things at Boise’s Best. One of the reasons we like it is because it really lets us do our job—which is to take the stress out of buying a home. While weddings are full of joy and expectation, wedding planning can also be exhausting and stressful.
We’re also attuned to the trend of more career-minded adults marrying later in life—many of whom are already homeowners! This leaves a couple faced with the question of buying a home together or living in a home one the partners already owns.
Listing a home in the Treasure Valley in today’s market is generally an extremely profitable enterprise. If both of you are homeowners, we strongly recommend requesting a free CMA to find out if selling is a good option.
Renting out one (or both) of your homes is another consideration. If the idea of updating and staging your home to sell feels overwhelming, consider turning it into a rental or vacation property—or how about an AirBnB?? This could be an excellent short term solution while you and your future spouse consider best how to move forward together.
When exploring the idea of turning one of your homes into a rental property, remember that you will need to have a financial cushion against vacancy. That is, be sure you can afford those times that your property sits empty.
The key is to plan. We can help you easily map out your financial goals and what you hope to achieve through your real estate transactions. We are a trusted partner and caring friend to our clients—and we’re anxious to help you navigate this new stage of your life.