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Is renting out a good idea ?

Profile picture for rvi
Contributions: 17

I have a house in connecticut and it has been on the market since November . We have had over 50 showings, dropped the priced 3x, numerous open houses and have only had one offer that was basically how much we owe on the house. My husband got a job in NC so we moved there now we are renting right now but we still have the mortgage up in CT...We are seriously considering renting the house out or rent to own or lease with option to buy...does anyone have any experience on these or think this would be our best bet?

What do you suggest should we keep waiting to see if we get another offer or should we just rent it out?

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January 23 2008 - US

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Hi rvi! -

You have the option to post this topic/entry on the Seller's Forum: http://www.zillow.com/forum/site/ViewCategory.htm?tcid=7 so that you can ask questions and get advice from other sellers and real estate professionals. Or you can also join the discussions thread or get more info from other similar posts for search results for "rent out": http://www.zillow.com/forum/Search.htm?s=rent+out when using the Zillow Discussions search box.

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January 23 2008
 

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