Quote:
Originally Posted by Realtor 1
They will purchase something else and rent out their own place.
In most/many cases, the monthly rent covers all costs.
The ability to purchase a 2nd property is much more common than you may think.
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Is this your plan with your place? You will rent it out and buy a bigger place?
This is true though, a lot of Sellers that are realistic (their home hasn't sold and they aren't willing to reduce their price) are renting out their homes. Not their preference but unfortunately it beats selling for far less than what they expected / hoped.