Buy Low & Don't sell!

Marketplace Homes
How to take advantage of the Market when you have a home to sell?

Novi, Mich., Jan. 26 / PRNewswire-FirstCall/ -- Marketplace Homes, LLC

Did you recently get married? Have you watched your family grow from just 1 to a family or 4 including 2 children and a dog? Did a 2 bedroom condo seem to shrink as your life has expanded?
From 1997 to 2006 over 100,000 homes where constructed in Michigan! From 2001 to 2005 the state averaged over 20,000 permits per year. Many of those permits had been issued to build condos that catered to the 20 somethings. The single young professional that could take advantage of a rising real estate market and buy instead of rent. These condos where meant to be a short term 3 to 5 year flip for most buyers. Buy a place and then when it's time for a family sell for a profit.

Now these 20 somethings are turning 30 somethings and 100,000 new construction buyers are now in a position that in years past would warrant the for sale sign. The problem is that as the family grew, the equity shrank. How can you raise a growing family in a shrinking condo? How can you sell a home that is only worth 50% of what you paid for it?

It's a great time to buy, but a tough time to sell! Why sell?

Many families are coming to grips with the idea that in order to raise a family in a home with a yard, the condo has to become a rental property. If you are too upside down to sell and don't want your credit to take a beating, renting the old condo and buying the new home is a great option.

The idea of buying while rates are great and prices ridiculously low makes sense to most people. The thought of managing a rental property seems a bit daunting.

Marketplace Homes will agree to a guaranteed corporate lease on your existing property if you buy from a partner builder! This takes the headache of property management away from you and allows your family to get into the home you truly deserve now.

This is just one more creative way to solve a common problem for many growing families in today's market.

Marketplace Homes based in Novi, Mich., is a privately held company with operations in Metro-Detroit and Metro-Chicago. In 2007 and 2008, Marketplace Homes purchased or leased hundreds of homes while generating over $18 million in new construction sales for local and national builders. During its 7-year history, the company has purchased and sold hundreds of homes. Since 2002, Marketplace Homes has been an innovator in creative Real Estate solutions running 2 distinct business models, The New Home Buyout Program and Rent-to-Own. Currently, Marketplace Homes helps to market over 50 communities in the Metro-Detroit and Metro-Chicago market through partnerships with local and national builders using the Marketplace Homes New Construction Long Term Corporate Lease Programs.

CONTACT: Mike Kalis, Vice President, Marketplace Homes, LLC., +1-248-723-6490, mike.kalis@marketplacehomes.com / site: http://www.markeptlacehomes.com/