Sunday, May 18, 2014

In search of a rental home? Look up!

The challenges facing the victims of the great recession go deeper than just trying to find affordable housing. 

During the great recession, millions of homes went into default. It takes a long time to go through the legal process. Some are just now going through the process.  
Many home owners were literally removed from their homes. Caught in the economic meltdown, they don't know where to turn. Credit damaged, they seek a rental home until they can rebuild their lives and credit scores.
Another consequences of the economic melt down, was new construction, all but ceased. 

Therefore creating "The perfect storm".

During the economic meltdown, the population has increased, while building new homes had ceased. This has created an imbalance of people verses residences ratio. 
Add to this, the non-existent and restrictive funding practices to a massive pool of people with damaged credit and you have the perfect storm. 
In nature, vultures fly above the earth looking for the weak and hover waiting for opportunities.
Home owners trying to seek shelter and not finding any. And institutional buyers, knowing the laws of supply and demand have raised rental rates to levels never seen in our lifetimes. You begin to seek desperate measures. 

In your desperation, look up. 


Human vultures read this news and find a way to capitalize on your desperation. There has been a massive increase in fraudulant ads on Zillow®, Trulia®, Realtor.com®, Craigslist®, HotPads® and others to find the weak and desperate. They give an awesome story about how they are looking for just the right person to rent their home and they don't trust using traditional sources to get the home rented. They say they don't list with a Realtor®, to save you money. In your desperation, these all sound good. Their stories are very compelling. They say to send the deposit money and they will mail you the keys. These homes are usually beautiful homes at amazing prices. Being desperate, you take a chance and mail the money. The human vultures swoops in and grabs the cash.   

It is becoming more and more important to use the services of a Realtor® when renting a home.

A good Realtor® will work day and night, 7 days a week, looking for a home for you and your family. They will spend countless hours searching and investigating the property to make sure it is legitimately for rent and if it is in foreclosure, explain what laws protect you when the property forecloses. A good Realtor® will do all this at no cost to you. They just ask that when you find the perfect home, you respect them and their time by using them to secure it for you. 

Curtis Rudolph Realtor®
813.240.6054 cell/text
Realty Direct Tampa
http://www.CurtisRudolphRealtor.com
http://curtisrudolphrealtor.blogspot.com/
http://www.facebook.com/SouthTampaLuxuryProperties
http://twitter.com/Curtis_Realtor