Markets in everything: home tending
CW McCullagh sends me this:
Home tending is the practice of allowing someone to live in a home
while it's for sale. Real estate experts say this strategy helps sell homes a
lot faster than vacant homes. It's also a great way for some Houstonians during
these tough times to stretch their dollar.
The first house we saw had a gourmet kitchen, an elaborate chandelier
and a grand master bath. The asking price? Be ready to shell out $794,000.
"The house is mine, while I am here," said home tender Eurika
Coleman.
Coleman tends a River Oaks home. She pays $750 a month plus utilities.
"I am saving money, I am a recession sheik chick," laughed
Coleman.
Coleman started home tending about eight years ago and since then has
lived in lavish homes for a monthly fee.