I have been renting apartments and homes for 12 years. Over that time I have experienced rental market shifts from good... to great... to poor... and to what I now see as improving...
With a soft housing market for the sale of homes in Dover, New Hampshire and throughout Seacoast NH, Southern Maine and the region, many home owners are choosing to rent their home in lieu of a sale. I talk to home owners and investors every day who ask- "Plan A was to sell, but since that is not a viable option... What is plan B?"
Answer: Plan B: Rent My Home.
Perhaps you do not consider yourself a real estate investor, but as a home owner you are invested, and your financial future is at stake. Why would you choose a short sale? Just because the bank might approve the write down of an over leverage asset, doesn't mean that it is a good option. Homes in Dover, Durham, Newmarket and Portsmouth New Hampshire are renting. The rental market is stable and improving. There is a qualified tenant out there ready to pay rent for your home and in most cases that rent will cover your monthly mortgage, taxes and insurance. (...and even if it comes up short, consider this question: is the monthly shortage a price worth keeping your credit?)
My team of profession real estate service providers at Arthur Thomas Properties, leases and offers management services to home owners and real estate investors throughout Seacoast NH and Southern Maine. Google us. We are here to help.
With a soft housing market for the sale of homes in Dover, New Hampshire and throughout Seacoast NH, Southern Maine and the region, many home owners are choosing to rent their home in lieu of a sale. I talk to home owners and investors every day who ask- "Plan A was to sell, but since that is not a viable option... What is plan B?"
Answer: Plan B: Rent My Home.
Perhaps you do not consider yourself a real estate investor, but as a home owner you are invested, and your financial future is at stake. Why would you choose a short sale? Just because the bank might approve the write down of an over leverage asset, doesn't mean that it is a good option. Homes in Dover, Durham, Newmarket and Portsmouth New Hampshire are renting. The rental market is stable and improving. There is a qualified tenant out there ready to pay rent for your home and in most cases that rent will cover your monthly mortgage, taxes and insurance. (...and even if it comes up short, consider this question: is the monthly shortage a price worth keeping your credit?)
My team of profession real estate service providers at Arthur Thomas Properties, leases and offers management services to home owners and real estate investors throughout Seacoast NH and Southern Maine. Google us. We are here to help.
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