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SELLING Their Homes To RENT Them Back
Manage episode 380764889 series 3523206
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San Diego housing market has a new trend: Homeowners are selling their homes to rent them back. Yes, you read that right. It's happening all over San Diego and at all the price points.
I explain what they are, if they are a good decision for sellers, and the biggest rent back mistake I see in this current real estate housing market.
The San Diego housing market is red hot and most homes that sell have multiple home buyer bids. To be competitive, a home buyer should not have a home to sell in order to purchase a new home. Hence we are seeing rent backs.
Channel 10 article: https://www.10news.com/news/local-new...
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