Wednesday, November 28, 2012

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 every situation was the fault of the homeowner. Some banks were just not willing to right wrongs done by brokers/lenders and others were so bombarded by the workload that some "files" fell to the waste side which left homeowners displaced. Regardless of the reason, these former homeowners still need a place to live and the majority of them still want residential living for their families (not apartments). In cases like these, renting is also a great solution. While renting, they can rebuild their credit and in some situations they can do a Lease Purchase which will allow them to buy the home they are renting.

Here are a couple of the very nice homes I've rented for homeowners:

This home is currently available for rent in Lilburn, GA. Click here for the details or contact me.

This home was in danger of foreclosure. Since time was of the essence, the homeowner opted to list the home for sale and for rent. After getting a few low-ball offers, the homeowner decided renting was the way to go. They now have a good tenant happily occupying the home and will evaluate selling the home in the future!

If you're interested in leasing your home, contact me at (404) 857-2508. 

As always, I appreciate your referrals :-). Talk to you soon and have a blessed day!

Natasha Liburd Bazile is a Realtor with Keller Williams Atlanta Partners and the Lead Home Stager with Heart of Decor in Georgia (virtual services available). She prides herself in being a guide to her clients and finds fulfillment in helping them achieve their goals.

Direct Phone: (404) 857-2508 Email - Facebook - Twitter - YouTube

No comments:

Post a Comment