Tired of being a Landlord? Ready to sell your rental property? NOW may be the perfect time!

Not too many years ago the economic and employment markets were vastly different than they are today. There were quite a few homeowners that faced relocation to other cities to find work or less expensive housing arrangments.   The question they faced while they decided whether the relocation was a permanent one..."What do we do with our home that we purchased?"

There are many, many, many homeowners that are renting out the homes they purchased in Temecula while they waited for the market to rebound enough to sell the home and avoid foreclosure.

Fast forward to today and we find ourselves in an inventory starved housing market....there are too few houses on the market and WAY too many buyers! Yep you guessed it folks, we are headed back to that SELLERS MARKET where the homes are in escrow within days (sometimes hours) of hitting the market.

This trend has caused a steady rise in home prices over the last several months. Many more of the home sales are now Standard sales because homeowners are finding that they have regained enough equity to avoid a short sale. Take a look at some of the prices in the area!

This is exciting news for homeowners how have tired of the responsibilities of being a landlord!

Even if your home has not regained enough equity keep in mind that many banks and HAFA have shortsale programs for non-owner occupied homes. If you are approved for a HAFA shortsale your tenant can recieve a relocation assistance incentive that they can used to pay relocation costs to a new property.

CALL ME TODAY...and I can give you a very quick NO OBLIGATION market analysis at no cost to you. This will give you an idea of what comparable properties to yours are selling for in todays market!



Karen Totty


Brad Yzermans - Premiere Capital Mortgage on February 26, 2013 at 10:12am
I agree Karen, being a landlord is not for everyone and now would be a great time to sell.
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