Renting out your home and waiting for a better market may not be the solution – Irvine Real Estate – Irvine Homes for Sale

by Robert Mack on May 11, 2011

in Latest News, Sellers

So you just bought a brand new home and you aren’t sure whether you want to sell or lease the home you are moving out of.  An idea pop’s in your head and you say to yourself, “I’ll just lease out my current home until the market gets better, then I’ll sell”.  Well what seems to be the most obvious and logical solution may just not be the right solution if you are thinking short term!  Check out this video and learn how a past client of mine thought the same thing to himself only to find that he is now looking at a $20,000-$40,000 loss because of the “band-aid” he tried to put on the situation!  If you are going to lease out your current home and wait for the market to get better, you may want to prepare yourself to hold on to your home long term and not just for 1-3 years! 

Each specific seller may have a unique situation so to learn more about your specific situation and to get all the facts….email Robert Mack for a no obligation, private consultation and stop guessing and start knowing!

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Posted on Irvine Orange County Real Estate Market News

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Post by Robert Mack

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