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You might become a renter again. Yes, you!

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An older male and female couple standing in front of two-story brick home

02/20/2015 | Author: Marty Kramer

You probably figure that once you go from being a renter to a homeowner, you’ll never go back. But there are some situations where you might want to rent again.

Say you’re thinking of moving downtown but aren’t sure city living will match your expectations. Instead of just going for it, you could rent out the suburban home you own and lease a downtown apartment for six months or a year to see how you like it.

Other instances when you might want to make the shift from owner to renter? After a divorce, when the kids leave for college, if a new job location may only be temporary, or when you retire to a new location that you're (almost) positive you will love.

A Texas REALTOR® can help you make decisions about selling or renting out your current home, renting a new place to live, and the timing issues involved. With expert guidance, you'll be happy to have the flexibility that comes with renting, so you can start working on your next move. 

Categories: Homeowners, Renters
Tags: rent vs own, renters

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Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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