To Sell or Rent Your Property in 2012. That is the Question asked by Stephanie Somers.
Stephanie lets us take a peek of how she goes about determining the best strategy for her client. Stephanie is hands on and actually visits a home in Brewerytown.
This property is currently rented. The exterior 3 story home has a lot of original charm but has been greatly neglected as evidenced by the peeling paint and overall facade. After viewing the interior Stephanie explains that this 4 bedroom one bath home with tons of original details needs a lot of work. After going back to the office and crunching the numbers Stephanie comes to a conclusion. Market Value says it may be best for her client to rent the property for another year and reevaluate the market stats next year. Selling the home for a profit may not be possible in this market for this property.
What will you do with your home in 2012? Our tip? Ask Stephanie!
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