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Unless you’ve been living in a cave for the last few years, you know the housing market began to shake in late 2007 and completely collapsed shortly thereafter. One day, you hear news the market is beginning to recover, but the next day you hear other news indicating it is collapsing further. Some predict better days ahead, while others predict the sky will fall as the world as we know it comes to an inglorious end. So which is it? And if you are a potential home buyer, what does it mean for you?
One factor that may be holding the market down is the reluctance of many potential buyers to get into a falling market too soon. Even people who can well afford a home and have little fear of losing their jobs are waiting. After all, who wants to pay $400,000 for a home that may only be worth $350,000 a year from now?
One solution for potential buyers is the foreclosure market. Search the internet and you’ll find foreclosure sales all over the country with homes going for unbelievable prices. Unfortunately, many of these homes are in neighborhoods where the foreclosure rate is higher than average. Do you want to buy a home on a block where you may soon be the only remaining resident? Foreclosures deteriorate rapidly and if you buy a home surrounded by foreclosures, the value of your home will drop as well.
For these reasons, an idea that was once distasteful to the affluent is now attractive: rent housing instead of buying. The Internet is filled with real estate web sites where you can search available housing for rental. However, considering the need to understand the condition of the neighborhood in which the house is located as well as the condition of the house itself, securing the services of a local Realtor might be a very sound idea. In this way you can limit what might be an exhaustive search to properties in areas that are likely to remain sound. A final option to consider is the lease to own option. Consult your realtor for details, but the basic idea is renting the house for a specific period of time at the end of which you have first option, if you are happy enough with the house and neighborhood, to change your status from renter to owner.
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Where can you rent corporate housing?
You can rent corporate housing through website such as Apartment Guide and National Corporate Housing. Another website you may be interested in is Furnished Housing.
Which companies offer student housing for rent at the University of Pennsylvania?
campusrent.com offer student housing for rent at the University of Pennsylvania
Campus post ad for off-campus housing how can I post an ad for my condo for rent to UCSD students?
A local realtor can answer your question.
What is a nonsubsidized housing?
you pay 100 % of the rent
What is cheaper renting or buy and what do you do with them after that?
I have no idea what you are referring to in this question- what do you want to rent or buy? In general, renting will always be less expensive, if available.
Where can I find housing for rent in Chicago?
www.rentals.com has numerous listings for rental housing in Chicago.
Does section 8 pay for first and last month's rent?
Some Housing Authorities will pay the security deposit as well as the first months rent for a tenant. What I mean by rent is their portion of the rent: the tenant is still obliged to pay their portion of the rent. But very few housing authorities do this.
Is it more economic to rent a calculator or buy one?
This is a very good question but one that can be very easily answered. It is more economic to BUY a calculator because it will cost you more in the long run to rent one.
How can a person that is under 18 rent housing ?
An individual that is under the age of 18 can not rent housing legally. To rent a house a contract or lease may be signed and no one under 18 can legally enter into a contract.
Can I get help to get money for housing?
Your web site saying YES Housing Rent Medical Health
Where can one buy or rent a temporary fence?
There are many places where one can buy or rent a temporary fence. One can buy or rent a temporary fence at popular on the web sources such as Rent National and Rent Our Fence.
Where can one rent houses in Spain?
One can rent houses in Spain with a housing agency, like Public Housing Agency. Online, one can rent houses in Spain at Home Away, Spain Holiday, or Euro resident (es).
