Lately, a lot of homeowners have been surprised to see their listings sit on the market longer than expected. It’s frustrating — the weeks drag on, and meanwhile the mortgage, insurance, and upkeep costs keep rolling in.
Here’s the thing: if selling isn’t happening right now, that doesn’t mean you’re stuck. Renting your home could be the right move until the market shifts again.
Some benefits worth considering:
- Rental income helps cover your expenses
- You hold onto your equity while waiting for the market to rebound
- Demand for rentals on the Monterey Peninsula is strong
- You keep your flexibility for the future
I’ve seen many homeowners breathe a huge sigh of relief once they decided to rent instead of letting their home sit empty. And the best part is—you don’t have to take on the stress yourself. Our Monterey Bay Property Management team handles the details: finding and screening tenants, drawing up rental agreements, coordinating maintenance, and collecting rent.
If you’re wondering whether renting might be a smart fit for your situation, let’s talk it through. No sales pitch—just an honest conversation about your options.