Rental Properties

Real Estate agents don't only handle properties that are for sell, but also deal with rental properties. Many times home owners will choose to rent their property if it sits on the market for a while without selling. Today this couple signed papers to rent a house that has been on the market for 2 years.

The home-owner hasn't lived in this house since 2007 and has the property completely payed off. This was an answered prayer for this couple to come along and rent this house. They didn't want to jump in to purchasing a house they would regret buying and the owner wasn't selling his home. 

This couple has signed a contract to rent this home for at least one year. After the year the couple is able to move or stay for as long as possible. When you rent property you have to come to a mutual agreement with the owner about monthly rent and different things the renters can and cannot do. In this case the owner is giving the renters free range and allowing them to do as they please with the exception that the home is in meant condition at the end of one year. 

If you are not ready to be fully committed to a house payment and settle down on a house, I suggest you try renting. This way you don't have to take loans out and risk dropping your credit. Renting is never a bad thing!