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"Working with Lisa was a complete joy!"
"Lisa and the Novosad team made buying my first home a joy! Lisa was with me every step of the way - even after the sale was made! Her knowledge of the area is first rate, and that experience has proven essential. As a first time homebuyer, I wasn't sure of exactly what I needed; Lisa was able to help me see the pros and cons of every home we toured. So many of my friends have had agents try to "sell" them every home they see - not the case with the Novosad team! They truly care about their clients and I definitely appreciate that Lisa didn't let me make any bad decisions!"
Dr. Rolinski
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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 |
Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?
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| A |
Lender in these states must pay interest on funds held in escrow accounts. |
 See More Real Estate Trivia > |
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