All Forum Posts by: Stephanie M.

It would definitely make the home easier to sell since according to realtors that I have spoken to, there are many buyers that will not look at a home with oil heat. 

Hi

Currently live in a 1958 home with an oil furnace from 1997 and original terra cotta tile lined flue, which I am told would be a good idea to have relined with a stainless steel liner because the tiles are no longer aligned.

Moving in 4 years and not sure if I should just reline the flue and hope the furnace lasts until we sell; bite the bullet and replace the furnace with a heat pump; or reline the flue and replace with another oil furnace. None of this would take place until next year. It is unfortunate because we replaced the central air in 2018.

Any insight would be appreciated.

We have been renting out our former home for the last 13 years. We live 15 minutes away. Our current tenants may be leaving and we are thinking of selling the property. We plan to leave the area and move back to Florida in 5 years. Not sure whether to rent it out one more time before relocating and then sell closer to when we leave; or sell now and find a replacement property in Florida somewhere. I have heard that it is unwise to purchase investment property if you do not live nearby. Of course we could sell and take the tax hit and not look for a replacement property. We would rather not manage tenants for the time being. We thought of exchanging the rental for some land to hold on to until we are ready to purchase another rental property, but again, not sure.