my house is very small and has no garden?

Question

should i sell it and go and rent instead...a lovely house with a garden....or is it a waste of my initial investment....can't afford houseprices these days....or should i stay put. is renting stupid, when my house is my own ???

Answer 1

It's not just a financial question. How important is having a big house with a garden to you? How important is it to you to live in your own house? Do you have enough money saved?These are questions only you can answer. You can rent the rest of your life and still be a whole, happy person. Don't believe that american dream B.S. that says you have to own your own house. Is it your dream? If this is a dream of yours then you should pursue it. If you're going to go broke doing it then maybe it's not such a good idea. Otherwise, is your goal in life to die with a big bank account?
There are actually advantages to renting. If you don't like your neigbors it's easier to move. If your house burns down you don't have to rebuild, just collect the reters insurance money for your stuff and move on. If something breaks the landlord has to worry about fixing it. Not you. If you move in with other people you can have more fun than living alone and your rent may be cheaper than the property tax you're paying right now.
But, once again, it's up to you. It's your life. Make the best of it.

Answer 2

If a garden is a top priority how about investing in window boxes or perhaps look at getting an allotment? Councils rent them out pretty cheap and they are nice places to go and chill, potter about a bit, plant a few things, pull a few weeds, sit back on a deck chair and watch the bugs eat your beans, and it can be a nice community atmosphere there too with other 'allotmenters'. I wouldnt move at the moment as house prices are just plain stupid, hold on to your investment.

Answer 3

I would ride the waves for a while yet as prices will come down because of the interest rates. You will not get back what you paid for yours if you bought it recently. You could look around though in the meantime and plan where you would like to move to and how much it will cost. Don't forget, if you are in England those new HIB reports will come into effect for all very soon, another expense. If you are in a prime location area and move to a lesser position it may be advantageous for you. So much to consider.
Another thought, if you have a small mortgage and are in a position to have a larger one, could you rent out yours and increase your loan to buy another, the rent helping to pay the mortgage.

If you type Location, location, location into the website you will get Channel 4s programme details. Go to the bottom of page to related links where there is info which will help you to make your decision.

Answer 4

If you are comfortable there, stay. If you have a nice patio or porch you can make your own garden. Get patio tomatoes. My friend has her tomatoes and peppers in big pots on her patio. She has flowers and bushes all around her house. She has virtually no yard to speak of but she is surrounded by foliage. She has window boxes and those hanging plants that are just in the spagum (sp) moss. She has small trees inside her house that she puts out on the front porch in the summer. You could sell your home and then not find something you are happy with.

Answer 5

Most private lets nowadays are shorthold or short assured, which means the landlord could ask you to leave in 6 months time. Try to keep your home for a while. It will increase in value and someone may come along who would love to buy a small house without a garden. You may even be able to get a property exchange. Have a look at the property section in your local newspaper and see what they are making just now. You may be surprised.

Answer 6

you are able to put in a corner bench and table set. those with the table interior the middle with 2 chairs linked on the factors (they many times come painted or varnished) possibly some oblong pots alongside the factors of the only wall the place put in a wall mountain climbing flora on a physique (gardenias is it?? - uncertain on which flora are which to be honest). If there is sufficient room in between the corners you may even setting up a rockery...you may get one outfitted up purchase somebody or also have a circulate your self utilising a form of plastic framework that they sell interior the backyard centres which each and every each and every now and then have water good factors. Or, little poultry tub someplace or a incredibly poultry residing house or some thing putting off between the partitions/fences. some putting baskets with the flora that have flowers which hunch down over the sides. wish thats some suggestions for you.

Answer 7

Personally I would stay put. In the future maybe you can sell and move on, to something larger. Maybe further down the line you will get married and pool resources.

The only thing I would say is that if you believe the prices are going to fall then it maybe worth selling. If you do decide to move for this reason you will need to realise that this a gamble potentially prices will continue to rise, in which case you may never be able to afford to purchase again on your own. My beliefs is that America is more likely to suffer from a slump than the U.K

Answer 8

Better to keep your house if you already own it. Why spend money on a rent instead you can invest it and fix up a little area where you can put some plants and/or flowers.

Answer 9

Yes very. Renting is a waste of money. Look at ways of enhancing your home. Try mirrors next to windows to reflect the light back into the room, and house plants or fresh flowers.

Answer 10

Why not rent out your house and then rent another for youself? Or sell it and buy another house, with a garden.