One of the tougher decisions a seller needs to make is weither or not to rent a house while it’s on the market. There’s no question collecting rent to offset mortgage, taxes or assocaition fees can certainly help, but at what cost? I can’t tell you how many times,as a realtor, I enter a home that has a tenant and it’s a mess. I haven’t seen numbers to measure the cost of this for a seller, but I’ll guess half, if not more, of the money you collect for rent will be lost in any offer price. Besides location the single most important feature for a home is it’s condition. The condition is a combination of ongoing maintaninace on the house plus how it looks for showings. Before you rent consider all the consequences.
For more information contact Shane
603-252-6757
