Is Leasing / Renting ever a Good Option???
A lot of HOMEOWNERS have experienced the effects of today's market and find themselves in a position where they want (or have) to move, but can't sell their home because it is under water. In many cases, renting is a great solution. Did you know that apartment rentals are down and residential rentals are up? Leasing allows homeowners to keep their home while bringing in income that allows them to pay the mortgage and in some cases have some positive cash flow every month. As the market rebounds, they can later re-evaluate selling their home. Securing a good tenant is a major factor to this being a worthwhile situation, so don't go about it haphazardly. Contact me to find out about leasing options. Now on the other side, while I am an advocate for Home Ownership , for some situations, RENTING (those paying rent) can also make sense. Unfortunately, the effects of the economy also caused a lot of people to lose their home. Contrary to popular belief, not ...