You have found a new job, a new love, or a new desire to move somewhere else. These are all great reasons to buy that one-way ticket and start packing your bags! But, what about your house? You can’t just leave it be – you have to either sell it or rent it out. Both selling and renting have a lot of pros and cons; however, it will be up to you to decide which option will take the lead. This is going to be complicated and stressful, we know. And, we also know that you are going to need help to decide. That is why we are here—to help you determine whether you should sell your house or rent it out. So, if this is the kind of help you were looking for, keep on reading.
Signs You Should Sell Your House
1. Your House is in Seller’s Market
There is a huge demand for homes in a seller’s market, but there are not enough homes. This means that if your house is in the seller’s market and you decide to sell it, you will do it without any delays and for the highest price possible. Your local real estate agents can help you with this—that is, they will tell you your home’s value and give you advice on how to sell it properly.
2. You Need Money
Should you sell your house or rent it out also depends on whether you have enough cash—for your new home and to maintain this old home? Everything costs money. So, evaluate your budget and assess all of your finances. If you have some money to spare, great! But, if you don’t, that is your sign to sell your home.
3. Your House is Old and Requires Serious Renovation
Maybe you want to move out of your house because it requires a lot of maintenance. It needs to be renovated and upgraded so that it can fit all of your needs and preferences. If that is the case, you should look for movers on bestcrosscountrymovers.com, relocate, and sell your house. If you can’t live in it, renters won’t be able to either. All renters look for comfortable and modern homes – if your home isn’t that, you will not be able to rent it out.
With old and destroyed houses, there is no doubt whether you should sell your house or rent it out
4. You Don’t Want to Be a Landlord
Renting out your property to strangers means that you will still be responsible for everything that is going on in your house. You will have to take care of all the household issues, finances, and many other problems. And, you will always have to be nearby. This will be just like any other job. Of course, it will provide you with a steady cash flow (almost) every month, but it will also require you to “work” on that property too. If this is not something you are ready to do, better list your house now.
5. The House Is Just Not Good Rental Material
As previously said, all renters want to live in modern and comfortable homes. But not only that, they want to live in safe homes that have all the needed amenities both inside and out. They want to live in homes that are close to the city center or, at least, close to some means of transportation. Just think about it–would you rent out a home in the middle of nowhere, and that will make your life extremely difficult? Probably not. So, if your house has similar features, don’t even think about whether you should sell your house or rent it out. The answer is rather obvious.
If you wouldn’t want to rent your home, other people won’t either.
Signs You Should Rent Your House
1. Demand for Rentals is High in Your Area
If, for example, you have to move from Virginia to some other state, don’t let all of the reasons mentioned already force you to sell your house and decide to leave for good. There are some great reasons (signs) for you to keep your home and rent it out before you leave. And one of those signs is that you live in an area where there is a high demand for rentals. Those are typically urban areas, areas around schools and colleges, areas close to business districts, etc. Renting your home can be quick, easy, and financially good in these areas. So, before you decide to leave for good, think about this – renting your house can be a wise decision.
2. Wondering if You Should Sell Your House or Rent It Out When You Are Still Attached to the House
Maybe a job or some new life event forced you to move out and buy a new house. And, maybe you still love your house—it has everything you need, and it reminds you of your family. It is okay to feel emotionally attached to a property! And, it is okay to rent it out until you figure out what to do. By renting the house out, you will have enough money to take care of it even from the far. So, don’t push yourself to do something you are not ready for. Rent the house until you are ready for the next move—whatever that move may be.
If you are still attached to your house, be sure to find some good and reliable tenants.
3. The House is Good Rental Material
If you still don’t know whether you should sell your house or rent it out, just check whether it is a good rental material or not. Besides being in a desired, safe rental market, the house should also have all the wanted amenities. For instance, most renters look for amenities such as big kitchens, new bathrooms, substantial square footage, outdoor area, etc. If your house has all of this, then rent it out. You will certainly be able to find good renters who will be suitable for your house and who will be able to pay a good amount of money for it.
As you have seen, many signs can help you decide whether to sell your house or rent it out. However, it all depends on you at the end of the day. Look at these signs and evaluate your situation and your house’s condition, but don’t forget to ask yourself what is good for you.
Meta Description: Wondering whether to sell your house or rent it out? Wonder no more—keep on reading for some expert advice.
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Craving space? You’ll love this great house located in amenity rich Lake of the Woods! The house is perfectly situated on a private lot that backs to trees for privacy. The inside delights with a spacious living room, kitchen/dining area (which provides access to deck), and three bedrooms all on the main level. The lower level is where you will find the master bedroom with attached full bath and expansive closet. If that isn’t enough, the lower level features a family room and laundry! Enjoy sitting on the deck that backs to a private, level yard.
A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from the mid-$100,000s to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Welcome to your stress-free oasis located on the golf course! If privacy, serenity, and more space from an unfinished basement to make your own, are what you crave, 116 Eagle Court is for you! Situated on the 9th tee box with a fabulous screened porch to take advantage of the views, you’ll be wowed. The screened porch will become your favorite spot to read a book, have dinner, or simply relax. This well-kept three bedroom, two bath rambler offers a stunning cathedral-ceilinged living room with built-ins and a cozy floor-to-ceiling fireplace to warm those chilly nights. The owner’s suite provides an en-suite bath with shower and double sinks. Let your imagination soar with the possibilities provided by the unfinished lower level: design to accommodate your wants and needs whenever the time is right!
A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Welcome to 11 Basalt Drive! If you are looking for a home with private access to Lake Moony, this is the one! Gorgeous hardwood floors throughout this 5 bedroom home. Full of natural light, you will breeze through each room with ease. This home has room to spare, from the large bedrooms, to the basement rec room, to the backyard where you can take in all the wonder nature provides. Comfortable and sizeable, your family & friends will love making memories with you. The full basement with a kitchenette has a walk-out to the expansive backyard on the beautiful stone pathway as you make your way to the lake. Lake life here couldn’t be better! This one is sure to go FAST!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
It’s time to break out the fishing poles and bait buckets for the 23rd Annual children’s Fishing Tournament that is being held by the Lake Youth Foundation! Tournament day is Saturday, June 18th from 9am – 11am and will be held at the front entrance pond. Children ages 5 to 14 years old are encouraged to participate! Registration beings today, May 13th, 2022 and ends on June 15th, 2022. Limited space is available to hurry over to lakeyouth.orgto register before spaces are reserved. They will not allow registration the day OF the event. Check-in will begin at 8am on tournament day. Participants and their families will be served snacks and drinks immediately following the tournament, followed by an awards ceremony at 11:30 AM. If your child needs a rod and reel to participate or you have any questions, please contact Terry Hileman by phone at 540-972-8634 or emailing: Info@lakeyouth.org. Have fun fishing!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Welcome to 1229 Lakeview Parkway! Why wait for new construction??? Abundant natural lighting and gleaming hardwood floors enhance this two-year-old, better-than-new, 4+ bedroom home in amenity-rich Lake of the Woods, providing more than 3000 sq ft of finished excellence! The spacious family room and adjoining kitchen are sure to be a favorite gathering spot for family & friends. The kitchen boasts gorgeous granite countertops, a generously sized island, and an eat-in dining area with access to the spacious backyard. The upper level hosts four bedrooms for quiet retreats, including the spacious primary bedroom offering an en-suite bath with a walk-in shower, a luxurious soaking tub, and a huge walk-in closet. Not to miss is the fantastic finished basement! This quiet, private space provides ample flex space with two electric fireplaces surrounded by stone. These focal points are impressive as well as functional. Let your imagination run wild with this fabulous space! A bonus not to code lower level fifth bedroom offers extra flex space as well as a full bathroom. Close to Sweetbriar Park, Hollyfield Park and Cornwallis Beach, this home has all you need for comfortable lake life!
https://youtu.be/0TqCNB5MBf4
A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550-acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire, and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
You’ll be impressed by this gorgeous home offering a truly grand entrance! Gleaming hardwood floors and fine wood trim define the quality of this custom, one-owner home. The grand family room boasts a cathedral ceiling with a cozy floor-to-ceiling fireplace and skylights, while the eat-in kitchen with island (leading to the sunny Florida room) is perfect for all the recipes you’ve been wanting to try! Enjoy the sought-after main-level primary bedroom suite and en-suite bath. The upper level boasts spacious bedrooms and a separate storage room/utility room. This immaculate home is one not to miss!
A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Are you ready for the first concert of the season??? New to Lake of the Woods, The Unsuitables will be kicking off the Concerts on the Point series on Friday, May 27th! The Unsuitables, formed about eight years ago, will begin at 7pm and play tunes from the Temptations to Santana to the Beatles until approximately 9:30pm. The Lake of the Woods Lions Club will be acting as “hospitality committee” at the concert, and hosting a fundraiser. Why not have dinner at the Clubhouse before or during the concert on the deck? Want to bring your own meal? That’s perfect, as well! So bring a chair, your dancing shoes, and enjoy the music with your fellow LOW residents! The concerts are always a great way to spend the evening! The concerts are proudly sponsored by Lakeside Title, Lake of the Woods Marine, Locust Grove Vet Clinic, Design Craft Homes, Inspired Electrical, Locust Grove Ace Hardware, JK Carpets, and The Licata Group EXP Realty LLC. Here’s a list of upcoming concerts: June 24: Dejavu with LOW Lioness Club as hospitality committee July 22: Unchained with LOW Fire & Rescue as hospitality committee August 26: Reunion Band with FLOW (Friends of Lake of the woods) as hospitality committee
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Did you know that the local parks and recreation for each nearby county have some outstanding and fun resources for their residents and visitors? There’s always something to do in Virginia and the parks and recreation centers make it easy to find kid-friendly activities to do almost every weekend! From concerts, mother/son, daddy/daughter dances, to picnics and fishing contests, the parks & rec make it easy and exciting to get out of the house and onto a new adventure. These are experiences that produce core memories and are fun for all! Visit Fredericksburg Parks, Recreation and Events for more information on their past and upcoming events. Visit Culpeper County Parks and Recreation Activity Search for their upcoming events! Last, but certainly not least be sure to visit our very own Orange County Parks and Recreation website for their upcoming activities. Not all events are hosted by their respective parks & recreation centers, you can also continue to explore the county websites for events hosted by the local Chamber and businesses in the area!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
Welcome to 107 Meadowview Lane! This beautiful rambler has plenty of space and is filled with light. It features gleaming hardwood floors, skylights, a gas fireplace, spacious rooms, a screened in porch and adjoining deck, and a large back yard for you to enjoy as well as the perfect split layout. Flex space off the primary bedroom is a bonus if you are looking for a home office. Book your tour today as this desirable, spacious, turn-key home will go quickly!
A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!
Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site.
