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Many homeowners are looking to renting their current property in order to make a move. We must all keep in mind that this may not be as simple as it seems. Our Clients need to be informed of the potential risks involved. Most homeowners carry a mortgage that is intended for their primary residence. In most cases, one cannot simply rent their property. Lenders take mortgages based many factors. One of which is the fact that the secured property will be the primary residence and the borrower will live there. If a buyer intends to rent or lease property which they … (3 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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