You Want to be a Renter?

You Want To Be A Renter

Many "UnderWater" homeowners are contemplating "Walking Away" and join the ranks of the renters.

Those homeowners along with would-be buyers who are having difficulty in qualifying for a mortgage are driving up the rents.

It's not just the rising rents that new renters need to be concerned with...there are additional costs (storage units, renters insurance, utility deposits...etc.) that could make renting less of a bargain.

As renting has become more popular...the basic fundamentals of supply/demand have taken over and monthly rents have increased.

The rental market will only get tighter thanks to:

• Foreclosures
• Stricter Loan Qualifications
• Strategic Defaulters
• Uncertain Job Market


For many; those in foreclosure & those who can't qualify for a loan...renting is the only option. For those "UnderWater" homeowners, you have options...and "Walking Away" may not be the answer.

Peace in the Neighborhood is Possible with Mortgage Note Reduction