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Beth Walsh
"Knowledge you can trust"
- 2 Helpful Answers
- 40 Answers
- 1 Listing
Locations:
Profile Link:
Experience:
Realtor for Tarbell, Realtors
March 2000—present
Account Manager for Commtron
October 1985—June 1992
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Specialties:
First time home buyers, foreclosures, bank repos, short sale properties, gay and lesbian families, retirement and second homes, vacation homes, senior
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Certifications
& Awards:
& Awards:
2008 - Short Sale Specialist Designation with Tarbell, Realtors
2006 - Relocation Certification with Tarbell, Realtors ... show more
2006 - Relocation Certification with Tarbell, Realtors ... show more
Interests:
When I'm not listing and selling real estate you'll likely find me traveling
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About:
Knowledgeable, Cheerful, Helpful, Well Connected, Ethical, Caring, Experienced, Exceptional Negotiator and Educator. Easy to Talk With, Non Judgemental.
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Beth Walsh answered:
I agree with Satar. With regards to renting vs selling in Virginia A lot will depend on your individual personality and financial situation. You will want to consider how much equity you have in your current home. will you be in a positive cash flow situation if your choose to rent it out? Personally, I enjoy being a landlady for several reasons. I have positive cash flow each month so it's like a part ime job income. I like building even more equity by having someone else contribute to my expenses. I take personal satisfaction in offering a nice place to live for the people renting from me. My tenants, thus far, have been wonderful people to get to know.
Consider making a written list of the pros and cons of renting your home out. Since you will be living across the country consider hiring a professional property manager who can collect the rents for you, make repairs and keep the property up in your absense. Management fees in California run between 5% and 18% of a months rent. Call around and check prices and services offered as they can vary greatly.
Irvine and Lake Forest are both wonderful communities with excellent schools. I just checked our rental inventory which is good right now (402 available). Rental prices for homes or condos with at least 2 bedrooms start at $1300 and go up. This month I represented a tenant in Irvine. They did an 18 month lease on a 2500 foot home built in 1981 for $2700 a month
3 bedroom condos start at $289,900. Single family home with 3 bedrooms start at around $480000 as of today. Prices in the area hit a 5 year low in 2009 and have started to climb in recent months.
Conventional loans are available with 10% down . FHA loans are available with 3.5% down. If you are a veteran, firefighter, teacher or police officer there are low down payment loans for you. thanks for posting your question.
The link I have posted below will allow you to search homes for a sale and rental in any city. There is no charge or obligation for the service. You also have access to community services and school information here.
Consider making a written list of the pros and cons of renting your home out. Since you will be living across the country consider hiring a professional property manager who can collect the rents for you, make repairs and keep the property up in your absense. Management fees in California run between 5% and 18% of a months rent. Call around and check prices and services offered as they can vary greatly.
Irvine and Lake Forest are both wonderful communities with excellent schools. I just checked our rental inventory which is good right now (402 available). Rental prices for homes or condos with at least 2 bedrooms start at $1300 and go up. This month I represented a tenant in Irvine. They did an 18 month lease on a 2500 foot home built in 1981 for $2700 a month
3 bedroom condos start at $289,900. Single family home with 3 bedrooms start at around $480000 as of today. Prices in the area hit a 5 year low in 2009 and have started to climb in recent months.
Conventional loans are available with 10% down . FHA loans are available with 3.5% down. If you are a veteran, firefighter, teacher or police officer there are low down payment loans for you. thanks for posting your question.
The link I have posted below will allow you to search homes for a sale and rental in any city. There is no charge or obligation for the service. You also have access to community services and school information here.
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