However innovative firms such as @ Home Rentals and Rent to Own are coming up with solutions that help the homeowner while preserving the community. They are creating lease opportunities that allow homeowners to relocate without walking away from their home or selling it at a large loss.
“Leasing provides people with another alternative instead of walking away, trying to negotiate a short sale or taking a large loss by selling the home,” said Daniel D. Dawson with @ Home Rentals and Rent to Own. “There are people all over the area putting their family or career needs on hold because of an underwater mortgage. We help them find solutions.”
According to Dawson, the leasing option simply allows people to move on with their life.
“We find someone to lease the home and make the mortgage payments for several years until the housing market recovers,” he said. “This way they can take that great job opportunity and make more money or finally get back to work from unemployment.”
Along with job opportunities, homeowners may simply want to downsize their home for financial reasons or simply no longer need a large house. As many of the Baby Boomers reach retirement, they will be seeking opportunities to move to a smaller home or even to an active adult retirement community.
“It will take a few years for the housing prices to recover and this provides Baby Boomers with an option that allows them to enjoy their retirement without losing money on the home,” Dawson said. “Give us a call and we will help find a solution that really makes sense for the homeowner.”
For more information about leasing your home instead of walking away, negotiating a short sale or losing money in the down real estate market, contact @ Home Rentals and Rent to Own at 314-255-1887 or visit them on the web at http://www.AtHomeRentToOwn.com.
Daniel D. Dawson
@ Home Rentals and Rent to Own