property management: Should you rent out your home or sell it when you move?
- 06/16/11 04:43 AM
Waiting for home prices to go up again? Many homeowners are dismayed at the current market value of their home, especially of they had counted on a sizeable nestegg during the heydays of the California real estate market but were not ready to sell just yet. Now they need or want to move and the large chunk of cash they anticipated getting has diminished. In other instances the owners' equity has gone and they are at break-even or under water. A common thought is to rent the home while waiting for values to come back up. Homeowners who are considering renting … (3 comments)
Waiting for home prices to go up again? Many homeowners are dismayed at the current market value of their home, especially of they had counted on a sizeable nestegg during the heydays of the California real estate market but were not ready to sell just yet. Now they need or want to move and the large chunk of cash they anticipated getting has diminished. In other instances the owners' equity has gone and they are at break-even or under water. A common thought is to rent the home while waiting for values to come back up. Homeowners who are considering renting … (3 comments)
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