{"id":106,"date":"2007-09-08T00:54:00","date_gmt":"2007-09-08T04:54:00","guid":{"rendered":"http:\/\/www.amybergquist.com\/blog\/2007\/09\/08\/cant-sell-become-a-landlord\/"},"modified":"2007-09-08T00:54:00","modified_gmt":"2007-09-08T04:54:00","slug":"cant-sell-become-a-landlord","status":"publish","type":"post","link":"https:\/\/www.amybergquist.com\/blog\/2007\/09\/08\/cant-sell-become-a-landlord\/","title":{"rendered":"Can&#039;t Sell? Become a Landlord"},"content":{"rendered":"<p>With higher levels of inventory on the market, it&#8217;s inevitable that some homeowners simply won&#8217;t be able to find buyers for their homes.  A viable and increasingly popular alternative is renting your home, or offering a lease-to-purchase option.  This will allow you to cover your current mortgage payment and purchase your next home if you <strong>must<\/strong> move (due to job relocation, etc.).<\/p>\n<p>Being a landlord isn&#8217;t for everyone.  <a href=\"http:\/\/money.cnn.com\/2007\/09\/04\/real_estate\/accidental_landlords.moneymag\/index.htm?postversion=2007090415\"><strong>Here&#8217;s an excellent article from CNN Money<\/strong><\/a> which explains when you would want to rent rather than sell your home, if you&#8217;re a good candidate for being a landlord, and how to build a team to handle the transaction effectively.<\/p>\n<p>Personally, I&#8217;ve been getting a few calls a week from people looking to rent homes in West Hartford, rather than buy.  They&#8217;re hesitant because of the current mortgage market and wonder if housing prices will continue to drop.  Local sellers are also becoming more aware of the situation and are increasingly offering a lease option when listing their property for sale in the MLS.<\/p>\n<p>As a seller, the more options you offer for someone to cover your mortgage, the quicker you can move on to your next home.  Just something to consider as we deal with a changing housing market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With higher levels of inventory on the market, it&#8217;s inevitable that some homeowners simply won&#8217;t be able to find buyers for their homes. A viable and increasingly popular alternative is renting your home, or offering a lease-to-purchase option. This will allow you to cover your current mortgage payment and purchase your next home if you must move (due to job relocation, etc.). Being a landlord isn&#8217;t for everyone. Here&#8217;s an excellent article from CNN Money<\/p>\n<p class=\"link-more\"><a class=\"myButt three\" href=\"https:\/\/www.amybergquist.com\/blog\/2007\/09\/08\/cant-sell-become-a-landlord\/\">Continue Reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1590,1591],"tags":[],"class_list":["post-106","post","type-post","status-publish","format-standard","hentry","category-renting","category-selling"],"_links":{"self":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/comments?post=106"}],"version-history":[{"count":0,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/106\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/categories?post=106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/tags?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}