What Should You Do with Your Home When Working on a Travel Assignment?

by Howard Gerber on August 1, 2013

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travel assignmentOnce you land your assignment as a healthcare traveler, you may wonder what to do about your current home. In some situations, you may not have to do anything. For example, if you are currently living with someone else who will be staying in your home, you may not have to do anything but move. In other instances, if you live alone, you will likely have to decide what to do with your place while you are away on a travel job. Below are a few options to consider.

Sell Your Home

Once you have decided to hit the road as a healthcare traveler, you may not want anything tying you down including a home. If that is the case, you may want to consider selling your place.

Pros: The biggest pro in selling your home once you start working as a healthcare traveler is that you will save money on paying a mortgage. Decreasing your bills can provide you with more money to spend while you are on assignments and in between travel jobs. This option may work well if you plan to travel for an extended period of time.

Cons: An obvious con if you sell your house is you will not have your own home to go to between travel assignments. This may not be a problem if you can stay with family or friends between jobs. It may also work out well if you are considering relocating and are traveling to determine what area is a good fit.

Rent Your Place

If you don’t like the idea of selling your home and want to make a little money off the fact your house will be empty, renting it out may work.

Pros: The major advantage with this option is you still maintain your home, but have income coming in while you are living somewhere else. It may work well if you know someone who needs a place to stay. It is also a good idea if you think you will only be taking travel assignments for a short period of time.

Cons: One disadvantage of renting your place, is you are now a landlord, which means you are still responsible for repairs and maintenance. If you are living far away, this can be difficult. You could hire someone to manage the property and make repairs while you are gone. Additionally, when you rent you always take a chance that your home may not be as well cared for as you would do yourself.

Use a House Sitter

A house sitter can take care of your place while you are away on a travel assignment. Arrangements can vary from someone living in your home the entire time you’re gone to someone coming by frequently to maintain the yard or do routine maintenance.

Pros: This may be a good option if you don’t want to rent your place, but prefer someone keep an eye on it.  It may work especially well if you already have a trustworthy person in mind who would be willing to housesit.

Cons: Depending on your situation, you may have to pay a house sitter to keep an eye on your place.

Care to share your travel assignment housing tips? Comment below!

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