So, you own a home that isn’t selling, or something else is keeping you from selling it, but you still want to add some extra money to your budget. Renting out is a reasonable option many homeowners who won’t or can’t sell choose. Although renting out your home or a part of your home is a relatively easy way to earn extra cash, not everyone is capable of doing so. There are several things you should take into consideration before putting your home on the market as a rental property.Continue reading
Fallacies about the buying process keep many renters from exploring the possibility of buying a home, but savvy real estate agents know a little education can go a long way in turning many of these would-be renters into lifelong homeowners. Many renters consider home ownership out of reach, have concerns about economic uncertainty and fear of a housing downturn as reasons to sit on the sidelines, with many preferring to watch the market before making a move to buy.