Have You Ever Considered Renting Your Home?

While spring has a way of increasing inventory in the real estate sales market, the rental market sadly hasn't quite caught on.  The bottom line is that the rental supply for appealing single family homes is not meeting the demand in Barrington.   Whether it's because mortgages are harder to obtain, careers are taking people here on temporary assignments, or some are just "testing out" Barrington before making a final committment to purchase here, they are looking for options that we simply don't have enough of.

If you've never considered renting your home, but might be in the position to do so, consider this.  In many cases, your rental income could easily cover your mortgage and then some.  If you're worried about the time committment, a real estate agent can assist you with advertising, qualifying potential tenants and helping ensure your property is consistently occupied.

You should of course consult your accountant, insurance company or attorney to see how renting your property would affect you.

Want to chat about your home?

Kerri Payne

Realtor / Staging Specialist

Residential Properties

kpayne@residentialproperties.com

www.kerripaynere.com

(401)837-0325