NewHomeIdaho.com Real Estate Blog

Renters Have the Advantage Over Home Owners

Good Morning Friends!  It's Friday!

I have just been thinking a little bit about renters.  I am geeking out on real estate facts here.  So, I just wanted to share with you a little bit of what I have been thinking about and why renters have the advantage in buying a house over current home owners.

There are a couple reasons for this:

1. Renters are free to act. They see a home come on the market, they are pre qualified.  They can get that house, the can put an offer in.  Usually in a multiple offer situation, a seller is going to choose a buyer that doesn't have complications.  A renter that dosent' have to sell a home first is pretty appealing, especially if that home owner is wanting to buy a house as well.  They don't want to be contigent upon a contigency.  So renters look much more apeealing in that situation.

2. ...