Can You Rent Your House If You Owe On It?

Can You Rent Your House If You Owe On It?

Renting your house can be a smart financial decision for a number of reasons: maybe you were transferred with your job, got married and moved to your spouse’s home or purchased another home but want to keep your first residence as an investment. Having renters in the property ensures that someone is there taking care of the house and it gives you a way to cover the mortgage payments. 1. Read through your mortgage documents….

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Selling A Home in the UK? You Need a Stager

Selling A Home in the UK? You Need a Stager

Once the decision has been made to sell a home, there are a number of factors to address before actually placing the property on the market. Today’s UK real estate market appears to be showing signs of recovery, but selling a home still requires taking advantage of every available means to make that property standout. Sellers are turning to professional “stagers” to advise them as to which personal items to remove and how to arrange…

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Is it Better to Do a Short Sale or Rent Your House?

Is it Better to Do a Short Sale or Rent Your House?

A series of finance questions must be answered when considering the options between a short sale and renting your home. This evaluation should include itemizing your personal finances while evaluating the local real estate and rental markets. The mortgage lender also plays an important part in this decision. Only after a serious evaluation of all of the factors based on your individual situation can a decision be made regarding the residence. Definition A short sale…

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