photo credit: Beverly & Pack

Creativity is the hallmark of Americans. From the beginning, we have been know for making things happen, some how, some way, we move things forward, and we get things done. The old adage is true for us Americans, where theres a will theres a way. Over the years our country has had its ups and downs, and we have found a way out of every sticky situation.  Today, what do you do when your home just will not sell?

This is the case with our current real estate crisis. Many people are forced to get creative, but what better way to respond to a failing housing market and an administration making things worse. Once again, its up to the people to come up with answers, because our current administration isnt doing it. With a president concerned with playing the blame game, pointing the finger at the last guy instead of taking responsibility and getting things done, its time we take our fate into our own hands.

This was the case with Linda Powers, Crested Butte, Colorado resident. She had plans to move into Denver after she retired to be close to her children. Her plans, however, was contingent on selling her $1.2 million home. So when the market sunk and she couldnt sell, she get creative. Instead of selling her home and moving to Denver, she turned her home into a rental for vacationers.

Her home was her retirement fund, and when the market interfered with her plans she decided to charge $400.00 a night for her 3 bedroom, 2.5 bath vacation rental to help her pay her $3000.00 mortgage. Creativity is what this economy and administration is forcing us into, but it may not be all bad. Sometimes a failing administration can be a blessing in disguise, although this blessing is really disguised.

Read full article from Housing Watch

Posted in Education And Training, Giving Back, Buyer Resources, GenX GenY, Online Education

Comment on this article

Name

Email
Your email address will not be displayed.

Site/Url
Your URL will be displayed.

Your vote

Poor Excellent

Comment text

Options

  Line breaks become <br />

  Remember me

  Allow users to contact you through a message form.

Captcha

Please enter the characters from the image above. (case insensitive)

Captcha code