Thing is, we needed to be out of our starter home in order to make it presentable for buyers. We still have both mortgages, which we can afford both without struggling at all, but that eliminates vacation money and money I could be using for this house and could be going into increasing 401k. We owe less than the old house is worth, but only by about 10k because of the market crash. I really only want the loan paid off so we don't have to come to the table paying in. There has been lots of interest, but no offers. I think we are going to have to rent it. I used to be a property manager for a landlord, but all of her homes were mortgage free. If we go the rental route, what are some of the things that are different from renting mortgaged properties vs. Paid off (insurance etc.)?
Here is the listing: http://www.realtor.com/realestateandhomes-detail/2269-Royal-Palm-Ave_Defiance_OH_43512_M43922-37060?row=25
Read more: We upgraded to a larger home because we were busting at the seams in our old one?
