Monday, May 16, 2011

Rentals, rentals, rentals!

As the new Rental Specialist for our Howard Hanna Wadsworth Office, I'm learning new things every day about what this title entails...but I still have a LONG way to go in having it all down pat!

Wadsworth, Ohio 44281 rentalI'm very surprised by all of the requests that are coming in for rentals within our modestly-sized community.  I didn't expect to be getting calls almost daily from people who need a place to go, but can't afford to make a purchase on a home.  These people need to rent until they can buy, in many cases.
That said, I don't know if this is really just an economy thing, or if this is pretty much a standard volume of rental requests, no matter what the state of the economy may be at any given time.

All I know is that I have four rental units on my "Available Rentals" list, and more than a dozen requests from folks looking for a place to rent....kind of a lopsided scenario!

I look forward to the day when people are once again able to purchase instead of rent, if it is their desire to be a homeowner, as opposed to being a tenant.

Until then, I foresee people becoming much more familiar with the term "Lease-Purchase" as time goes by while we work as a country to get ourselved straightened out once again.  So many people don't understand what a lease-purchase is, both buyers and sellers alike!  It is a GREAT solution for many buyers who will be able to qualify for a loan soon AND for the sellers who desperately need to find someone to be inside the home so that it isn't left vacant!

Want to know more about what a Lease-Purchase is?  Contact me anytime!

Rhonda Abbott,  your  HOME GIRL
Rental Specialist
Historic/Vintage Home Specialist
Howard Hanna Real Estate Services
185 Great Oaks Trail, Wadsworth, OH

1 comment: