In-Transition: How a Short-Term Rental May Be the Answer When You Sell Your Home

You’ve been thinking about moving for a while now. Your family is growing, or you’re looking to downsize after the kids leave the house. Or, perhaps you just want a change. It’ll probably take you a while to sell your home, so you decide to list your home and then start looking for houses to buy. However, only days after listing your home, you get an offer, which you cannot refuse. Now, you’re stuck. You either have to buy a home as soon as possible or find an alternative living arrangement until you can purchase your new home.

Mountain-N-Plains in Fort Collins is a property management company that specializes in residential and commercial rentals. We list properties for rent and then manage them as well, so owners can concentrate on other things in their lives rather than managing rentals. In this blog post, we’ll review why a short-term rental may be a good transition when you sell your home quicker than expected. Contact us today!

WHY CHOOSE A SHORT-TERM RENTAL AFTER YOU SELL YOUR HOME

  • So you don’t rush into a decision. When you sell your home quickly, and it’s unexpected, you don’t want to feel rushed into a big decision such as buying a home. You want to take your time, decide where you want to live, and what you want in a new home. You want to explore the rental market and see what’s available. You don’t want to be rushed into a decision.
  • So you have time to talk to a mortgage broker. When you’re looking to buy a new home, you want to know what you can afford, which will help determine what kind of home you want. Getting prequalified for a loan can take time. You want to make sure you have all of your home loan information correct and accurate for when you do decide to buy a home.
  • You may want to invest in new construction. New homes are being built all the time, and they offer the homebuyer a way to customize their home. When you contract on a home to be built, it’s usually at least a six month wait for it to be built. In this case, you’ll definitely want to invest in a short-term rental while you wait for your home to be built. Mountain-N-Plains in Fort Collins can help you find a home to meet your needs while you wait.
  • You may want to travel! Congratulations! You’ve sold your home and fast. And if you are retired, this may be the perfect time to get in your RV (or buy one), and travel around the country, visiting friends and family and just seeing this great country, from Yosemite National Park to the Florida Everglades. You can always decide later where you want to move to (and maybe it’s even another state after your travels).

There are other options to consider when you sell your home unexpectedly. You can move into an extended stay hotel suite. However, hotels can be loud, uncomfortable, and expensive. You can negotiate a post-possession agreement with the new owners to allow you to rent the house back from them for a certain time. Or, you can try the tried and true method of staying with family, which may or may not work as we all know family can get on each other’s nerves.

HOW MOUNTAIN-N-PLAINS REAL ESTATE SERVICES IN FORT COLLINS CAN HELP

Mountain-N-Plains Real Estate Services can help you find a short-term rental while you are in transition. A short-term rental is your best option for comfort and convenience while you look for a new home. You can either choose a six month contract or perhaps find a month-to-month rental home. Unless you do decide to travel, a short-term rental in Fort Collins will be your best bet for affordability and for buying time before you have to make a decision.

Mountain-N-Plains focuses on customer service. Our mission is to make your life easier by offering the best rentals and by leveraging technology, such as offering online rental payments and maintenance requests, to make your life easier. With over 40 years in business, we’re the property management company in Fort Collins you can trust. Contact us today to get started!