7 things to evaluate if your home won’t Sell – Consider Renting your home – Seattle Realtor- Seattle Real Estate – Seattle Home Search-http;//www.ThachRealEstateGroup.com

As home values continue to tank, and cautious buyers continue to sit on the sidelines, a growing number of financially pinched homeowners — reluctant to sell their home at a loss – are choosing instead to rent their properties. Others are becoming accidental landlords because of a job opportunity that requires them to move before they can sell (after all, given the glut of properties on the market, it can take years to unload a home). Is becoming a landlord for you? Some considerations:

Step 1 – Crunch the Numbers
Step 2 – Price it Right
Step 3 – Find the Right Tenant
Step 4 – Know the tax consequences
Step 5 – Don’t Underestimate your responsibilities as a landlord
Step 6 – Change your insurance
Step 7 – Plan for the unexpected expenses

If you have questions on why your neighbors homes are selling and yours isn’t. Contact us today 206-334-8773 thachn@johnlscott.com