Renting out Your Home Could Be An Option
Home not selling as fast as you had anticipated? It happens. But you're still stuck paying that mortgage every month. Renting your property could be an option for you.
If you decide that renting your home is a viable option for you, there are a few things you should consider. Your home should already be in good shape since you were trying to sell it, but make sure your home is spic and span clean with a recent paint job and exterior maintenance. Make sure your carpet is clean and appliances are all working. Tenants, just like buyers, look for a clean, updated home to rent for their families.
Look into screening services that will help you weed out bad tenants and pick good tenants who pay their rent in a timely fashion. Your real estate agent can assist you with this task, sending only qualified prospects your way.
Not everyone want to be a landlord. Some people become landlords out necessity. But you don't have to go at it alone. Your real estate agent can guide you through the entire process and help you find a very good tenant.