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March 9, 2007, Newsletter Issue #20: Selling Verse Renting
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Tip of the Week
If you are trying to decide whether you should sell or rent your home, there are many factors to consider.
Do you have adequate funds to be able to afford two houses? Would the home do well for rent and what is the rental market like? Who will manage the property? Who will make repairs and find tenants? It is a good idea to look at all the options and what is involved with both selling the home and renting out the house. There is a lot involved in renting but depending on the housing market, it maybe worth more to hold the house if you can afford it and the market is slowing down.
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