Sitemap: Home Buying in Tenafly, Cresskill and Alpine, New Jersey

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School Reports in Tenafly, Cresskill and Alpine, New Jersey

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Investment Real Estate >Selling Rental Properties

Marketing a rental property presents some special challenges. Owners will probably want to offer the house for sale while tenants are still living there so that the property continues to bring in income. However, most real estate agents prefer that their listings either be occupied by the owner or empty. Tenant-occupied homes are often the most difficult to sell since the tenants may not share the same pride of ownership. They may not be eager for the property to sell, and as a result, the house is not shown to its best advantage.

When you put a tenant-occupied house on the market, it is important that you enlist the tenants in the effort to get your house sold. Talk to the tenants first to see if they have a desire and ability to buy the house. If they are not interested in buying, work out with them the ground rules for access to the house. In most cases, the new owners will want the tenants to move, and it will be important to work out alternate living arrangements with them. In each situation, work hard to create a spirit of cooperation with the tenants.

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Q	In what area of the United States did the price of existing homes increase most dramatically in 2005?
A	Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Jerry O'Brien, REALTOR®, real estate agent and broker for Tenafly, Cresskill and Alpine, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Jerry O'Brien
Coldwell Banker
130 Dean Drive
Tenafly, NJ 07670
201-819-8958
JerryOBrien@NUMBER1EXPERT.com

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