Trulia Voices—48239

Top Voices      Member Search BETA      Create a profile

Ask a question

Browse

Search

e.g.: "San Francisco, CA"
e.g.: "Parks" or "Schools"

Email me when:

RSS
 
Share this: 
  • del.icio.us
  • Digg
  • Reddit
  • StumbleUpon
  • NewsVine
 

Have a 2 bedroom 1 bath home in Redford for sale, having no luck. What are the going rates if I rent it out.?

Fri May 16 2008, 11:46 - 48239 - Home Selling - 1 answer
 
Useful
(0)
 
 
Not useful
(0)
 
  report get email alerts email a friend
 
Carol
Home Seller
in Redford
Carol, Home Seller in Redford in Redford
Answers (1)
Show me:  Recent Answers     Oldest Answers     Highest Rated  
 
Gary Smith was FIRST TO ANSWER
FIRST ANSWER
Carol, What are your current costs for your homes mortgage payment, interest, homeowners insurance, and taxes? That would be your starting point.

You can view some of the current leases available by going to http://moveinmichigan.com and entering 1 or 2 thousand as the maximum price in a search for Redford. You are also able to narrow the search to bedrooms and baths if too many homes come up.

If your current total payment is higher that rental rates you find, you may have to rent at a loss.

Make sure you ask your current agent about this option and the potential dangers before renting.

Fri May 16 2008, 12:07
Web Reference: http://mi-living.com
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
[+] Save this question Send this question to a friend
Permalink: http://www.trulia.com/voices/Home_Selling/Have_a_bedroom_bath_home_in_Redford_for_sale_ha-36395--recent