Quote:
Originally Posted by Andrea3051
As someone that is newly renting because prices went above my budget when I arrived, my brand new home rental was purchased for investment purposes only and I think they mentioned a rule allowing buyers that are not 55, as long as they are purchasing and renting out to a tenant of age. So, not only are you contending with people retiring here but also out of State investment buyers as well.
Best of luck in this crazy market!
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The owner of the home might also be considering flipping the house when their year of ownership is up if the values keep climbing.