Tag Archives: rent

Survey: Homeownership Expenses Keeps Renters Renting

  By Tia Law While house prices are relatively low and extremely low in most states, rising expenses that comes with owning a home is preventing more would be home owners. As a matter of fact according to a survey conducted by Apartments.com, a growing number of former homeowners are choosing to rent, while others [...]

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Bank of America offer rentals as foreclosure alternative to home owners

Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. The “Mortgage to Lease” program, which was launched this week, will be available to fewer than 1,000 BofA customers selected by the [...]

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No More leverage for Renters As demand outpaces space

During the boom years of homebuying, property manager Charlie Biter used to offer new apartment tenants one or two months’ free rent as a lease enticement. Now, as rental demand continues to surge, no such offers are necessary. “Back then, everybody was being creative to bring renters in,” said Biter, who oversees 2,000 apartment units [...]

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The cost of renting is getting higher, could that bump up home sales?

By Easton L The days of affordable rent is rapidly becoming a thing of the past. Every month the choice between buying and renting gets more promising on the buying side. Home sales may get a boost from the rising prices occurring in the rental market, which is making it cheaper to own rather than rent [...]

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Thinking about becoming a landlord? You should know this and get ready

With real estate prices low, many people are considering buying an investment property and becoming a landlord. It might sound simple, but real estate pros warn that there’s a lot to know. The landlord who doesn’t follow such basic guidelines as conducting a thorough background check can get stuck with a nightmare tenant. It takes [...]

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