Can't Sell your Memphis Area House Due to a Slow Market? We can Rent it For You.

Stuck with a house you don't need or want? In some parts of Memphis, many homeowners are stuck in a predicament. Their home appraises for less than what they owe on their mortgage. Even worse, they may have just been transferred out of town or need to move up to a larger home due to a family change.

If you find yourself in this type of situation, then I encourage you to consider renting your home as an alternative to selling in a down market. In most areas of Memphis, you can cover your mortgage payments, insurance and taxes and maybe $100-$300 extra income. This is especially true in Cordova, Bartlett, Desoto County and East Memphis.

We charge homeowners a flat fee of $80.00 a month to manage their property and half the first month's rent to find and screen a tenant. Sometimes we may have to show the house 20 times to prospective tenants and the flat fee is a bargain in these situations. Screening tenants is important and you are better with no tenant as opposed to a bad tenant.

When you decide renting your house is the best option in your situation, then just give us a call and we can do a market valuation and determine a suitable monthly amount and inspect your property. Once the management agreement is signed, then we take over for you and you have no midnight repair calls as we handle them. We can do direct deposit of your rent proceeds. We also will counsel you on the best insurance and warranty options.

The Memphis Team of Re/Max at Mallard Creek is an experienced team of Realtors and Property Managers that manages homes in Memphis and DeSoto County Mississippi.