Keller Williams Realty
7231 Forest Ave. #303
Richmond, VA 23226
You have gotten some great answers. I believe that you see now that you could try to do either or both at the same time. If you don't get any offers to purchase the property but find a great renter that wants to give you a year's commitment, then you can opt to rent the property and at least get the benefit of money coming in.
Selling in this market can be difficult, but still can be achieved. Pricing your home right and having it staged to attract buyers is very important. (The nicest, prettiest, best priced homes are selling!) That is also true with offering it for rent.
I am an Acredited Staging Professional as well as a licensed REALTOR and I would love to have the opportunity to assist you with your property. Our company offers a discount listing package that I would love to have a chance to discuss with you that would save you thousands if you sell. Please call me at your earliest convenience if you are interested on my cell at 804-972-9927.
Envision Real Estate, LC
804-972-9927 Cell Direct
804-262-0001 Broker Office
Ryan C. Sanford
Branch Vice President
13204 Hull Street Road
Midlothian, VA 23112
804-218-3409 direct mobile
866-744-5239 direct fax
Another option for you is Rent To Own. Our exclusive RTO program is working for many sellers who are not able ir do not want to sell at this time, but also do not want to take the risk of just renting. For more details on this program, call or email me.
Maureen Schmidt, Broker
EXIT First Realty
Glen Allen, VA 23059
If you have to sell or rent I suggest sitting down and making a list of the pros and cons of both options as both offer different solutions and problems.
SELLING: depending on when you purchased you may be losing a lot of equity that you invested into the house, or may even have to bring money to closing. But the house would no longer be under your maintenance and you would not have to worry being a property mannager for renters.
RENTING: can you rent your house at a price that will cover mortgage, insurance, and real estate taxes ? If so, this can also be a great tax investment. If this interests you I would consult a tax advisor. One problem is finding a great renter who will keep the house in great condition so you could sell it in the future.
One thing I would avoid is renting the house with the intention of putting it on the market with renters in the home.
There is never a right answer for everyone. If I can be a sounding board for you to decide please feel free to contact me.
Sarah Bice & Associates REal Estate, LLC
I look forward to hearing from you soon!
Maureen Schmidt, Broker
EXIT First Realty
Glen Allen VA 23059
(804) 527-3908 ext 205
Historically and in normal times, this would be a slow period. However, these are interesting times in terms of Real Estate. The inventories are low so there is not much to pick from in my area. This is good for the sellers and serious buyers are more apt to make a decision obviously based on inventory. Everyone thinks that they should list in the Spring but there aare many more homes on the market during that period of time. I sell a very good amount of homes to both buyers and sellers in December and January. People either relocate, move up or move down. So there is a very decent amount of activity that I can attest in my area.
Sounds like you have all the upgrades. Is your home declutterer and staged? If you decide to list, do everthing you can to thin out your home and make it show more spacious. Please feel free to contact me if you have any questions as I also have the ability to help you pick the top agent in your area. (You should inteereview 2-3) You can visit my website as well and look under sellers.
Frank Dolski MBA, ABR, e-PRO
CARTUS Certified Relocation Specialist
I would be glad to schedule a time to give you a free detailed market analysis of your home
Have a nice day
Given the recent decline in market prices, it's a better time to buy than rent, if you can qualify. Rates are lower than they have been in decades!! FHA loans are assumable which means if you get a 4% rate and in 5 years rates are 7%~ you can use that 4% rate to entice buyers into assuming your loan.
Plus- rental rates are close if not more than some mortgage payments that include principle, interest, taxes, & insurance.
Visit me online http://www.barnett-homes.com or call me anytime 540-533-4793