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Local Info: Chicago, Chicago Northwest Side and Chicago Northside Illinois home buying, real estate listings, and homes for sale in Cook County, IL

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Investment Real Estate >Renting Your Home

Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord.

Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property.

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Q	What unique type of home is making news as an affordable, environmentally-friendly housing alternative?
A	Straw bale homes may well become the non-toxic, affordable home of choice in the future.
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Barbara Foy, REALTOR®, real estate agent and broker for Chicago, Chicago Northwest Side and Chicago Northside Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Barbara Foy
RE/MAX Signature
2901 N. Clybourn
Chicago, IL 60618
773-502-7653
barbara@barbarahomes.com
I am always available to offer you personal, one-on-one help with what some say is the biggest decision you will make in your life. If you have any questions, please don't hesitate to call or e-mail me! Buying a home? I'll take the time to listen to your needs and desires, and find your dream home. Your total satisfaction is my number one priority. Selling a home? I will get your home sold for top dollar and in a timely manner. My online and offline marketing programs will give you the edge you need to sell your home. I don't want to just list your home, I want to sell it! Fast! Relocating? If you are moving to my area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I've helped many people move to our area! I have built a reputation for client satisfaction, and I am devoted to making your move as easy as possible. You will have the added benefit of working with an agent who understands your needs when buying, selling, or relocating. Finding the right home is only the beginning. I will assist you every step of the way to ensure smooth sailing.

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