Renting your home could get you where you need to go. It isn't right for every home or every owner, so the first step is finding out if it fits you.
We manage dozens of rental homes across Superior. Knowing what yours would rent for is the easy part. Whether renting can actually get you moved is the part worth talking about.
See if it's a fit for me→A quick 10-minute call with Tom or Nate.
Still listed with an agent? That's fine. This call is only about renting.
Why homes are sitting, and how renting can still get you where you want to go.
Chase the market down until you meet a buyer. Every cut takes another bite out of the equity you were counting on, and your move waits until it works.
Stay in the home and wait for values to come back. No loss on paper, but no move either, and nobody can tell you how long the wait is.
Lease the home and make your move now. In many cases the rent covers the mortgage and carrying costs, and you can sell later, once the market has come back.
A signed lease can count as income when a lender qualifies you for a new loan, so you may be able to buy again before this home sells.
Once a lease is signed, our Rent Advance can pay qualified owners up to 11 months of rent up front to apply toward a down payment, moving costs, or whatever comes next.
Neither one is automatic. Whether rental income counts toward a new loan is up to your lender, and Rent Advance is subject to approval and its terms. Both have tradeoffs, and we'll cover them on the call.
It depends on what your home would rent for, what you owe, and where you're headed next. A quick 10-minute call with Tom or Nate will tell you.
See if it's a fit for me→Or call the office at 720-465-7752
