Renting vs Selling!!

The spring real estate market is just around the corner.  I promise. Cross my heart!

Have you been thinking about a larger home? Or a smaller home for that matter!

If you’ve owned your home for awhile, you may have built up enough equity to sell and then buy a bigger/smaller home.  But before you do that, have you though about renting your present home and buying a new home?

There are pros and cons to doing something like this, I’ll try to give you a couple of each of them

Selling now:

  • Inventory is low and you should be in a good position to sell your home quickly
  • Owning one home is easier, and some people just aren’t cut out to be landlords
Renting now:
  • You can purchase when you’re ready and not be dependent upon selling you home first
  • The rental market is really tight right now and renting should be fairly easy
  • As home prices increase, at some point you’ll be able to sell for more money than you can now
There are many other things to consider of course, and many other pros and cons for each situation, but it sometimes helps to talk things out with a professional (that would be me!) so that you can reach an informed decision about buying/selling/renting
for rent

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