Tag Archives: sell

when there’s none, make some

I’m looking for a place to move temporarily while I work on a project.  The rent inventory is low and the selections are overpriced and abysmal. The area where I’m looking has a dearth of rentals and a plethora of homes on the market.After looking at a filthy rental that exceeds my current monthly payments by several hundred dollars, I felt defeated and relinquished to sub-optimal rental living hell. Rather than take this defeat, I decided to contact the listing agent of a vacant house for sale in the neighborhood where I want to move.  I proposed renting the property.  This updated house is way better than the dump I looked at just a few doors down.The agent spoke to his clients and they were open to the idea of renting.  I have an appointment Sunday morning to check out the place.The advantages of this approach are many.  Homes on the market tend to be cleaner and have updates ordinary rentals don’t.  The fact the house isn’t listed as a rental means there isn’t any competition from other renters.  Since I proposed the idea, I have more power in the negotiations. Really, it works out for everyone.  The sellers get a super clean light-treading renter with no pets and no kids.  They get their mortgage paid and benefit from having the house staged for possible buyers. Can’t get ahead of myself, the deal hasn’t been done.  I’ll let you know how the scheme worked out either way, and you can decide if it’s a tactic you want to employ to upgrade your living situation.