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McMurray : Real Estate Advice

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  • Home Buying1
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Activity 2
Tue Nov 5, 2013
Pam Tracy answered:
Hi! I work in the South Hills and Washington County area and a majority of my business is rental. I am often asked this question, and "sellers willing to rent" rarely happens. The biggest reason is that the Owner needs the proceeds from the sale in order to move to their next home or that the ratio of rent/loan do not work.
If you would like to contact me directly at pam.tracy@pittsburghmoves.com or at 412-215-5717, I would be happy to assist you. Currently, I have one rental in the McMurray area and have access to others. I look forward to hearing from you!
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Wed May 9, 2012
Luther Wormack answered:
Of the several single family homes I've leased for clients this year in the area you can expect about 1 - 1.5% of your homes market value monthly. I have noticed some areas were getting at and around 2% but the leases were for short terms. Of course location and condition play a big roll in your monthly lease rate. Priced correctly I see no issue with you finding a suitable 3 year tenant in the current market condition. ... more
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