April 6th, 2010
Coming To Terms with the Falling Market
Unless you’ve been living under a rock for the last 2 years or so, you have either heard of, or been affected by the global financial meltdown of 2008 – what with this sub-prime crisis being the buzzword on everyone’s lips. The widespread panic that this has caused, has also led to house rates plummeting so fast that most homeowners didn’t realize what hit them. In such circumstances, it can be very hard to sell your home; especially when most people around you have been feeling the crunch just as much as you have. The more and more popular solution these days has become the sale and rent back option.