“One website, VRBO.com, has created a solution to allow homeowners swap homes or rent their homes out to potential vacationers.”
Home Buyers in North Richland Hills TX: If you have been trying to sell your house for a year or even longer and there seems to be no immediate hope of changing that soon, you might consider alternative methods to get the house rented, sold for cash, or traded instead.With the current market trend homes are not selling at a reasonable rate.
There are far fewer buyers than sellers due to the economy and the foreclosure situation. What else can you do? Why not rent out your home to someone as a vacation alternative. One website, VRBO.com, has created a solution to allow homeowners to swap homes or rent their homes out to potential vacationers that come to their area. Another creative option is for families to swap homes for a period of time so each can get away for a break, or perhaps to check out the other’s area as a potential place to move to. For example, one family was considering a move two states away so the dad could take a new job.
“It’s hard enough today to pay one mortgage payment without the added burden of also having to pay for your former home.”
They knew nothing of the area and were not sure if they’d be happy with the move. They put their situation on the site and ended up trading a house with another family and were able to experience life in the potential new community.That’s one case where the slow sale of their home actually worked to their advantage and allowed them a unique look at another part of the country where jobs are more readily available. There are various options within this program. If you have already moved from your house and need to sell it, but it isn’t moving in the sluggish market, you can also use the same site to rent it out. That will help you to make the mortgage payment on the former house that’s for sale. It’s hard enough today to pay one mortgage payment without the added burden of also having to pay for your former home, too, until it sells.
If you can rent the house you’ll also keep it from sitting vacant and subject to break-ins, vandalism, and overgrown weeds.The other creative alternative is to sell the house for cash. It has already cost you for every month you continue to pay the mortgage and insurance, along with upkeep and more. A real estate investor might buy the house from you for just below the market value. Call one for an offer on your house.
Filed under: House Selling