The popular blog for travel and accommodation, Sunrisecreekfarm.com promotes swapping homes as a viable alternative to outright home purchase for overseas relocation.
Vallejo, CA -- (SBWIRE) -- 01/07/2013 -- The world indeed has become smaller nowadays. Where employment before means going to the city to hold office, today your workplace may be located on the opposite side of the globe. And if that happens, relocation is in order.
Relocating abroad or elsewhere for work has become so common place in today’s economy. Multinational companies expanding its operations worldwide sometimes necessitate its key staff to reside in areas needing their expertise. The home exchange concept is fast becoming a good alternative not only for travelling on a budget but for relocation as well. The real estate business has now included permanent home swapping in their portfolio of services.
With the present slack in the economy affecting the industry, home swapping through the 1031 exchange has gained popularity.
In an online report by Inman News, Shelley Miller, house swapping blogger and speaker at HomeExchangeExpert.com was quoted as saying, "I guess when you get to know somebody online and especially with social media, people are becoming more and more comfortable with it. However, obviously with social media, you're not inviting them into your home but you're developing a relationship, and that is what you do with home exchange”.
Founder of Knowyourtrade.com Joe Murray speaking about a recent study on home exchange said, "All home exchange clubs state that it is extremely rare to have any problems during a home exchange," Murray said. "An international, vacation home exchange survey, polling over 1,000 home exchangers from the United States and 40 other countries, returned a finding of not one case of theft. Even incidents such as a party where exchangers consumed bottles of wine and didn't replace them were few and far between”.
Because of the popularity of vacation property swaps, the concept has crossed over to real estate as online house trading, Instead of going through the traditional routine of buying and selling, home and property exchanges have become the alternative. Technology has even made it simpler and so looking for houses when Relocating even abroad is now relatively easy. You can always opt for temporary swapping and if things works well than a permanent swap can be arranged.
Sunrisecreekfarm.com is a travel and accommodation blog. The writer wishes to give valuable information on travel tips and the latest trends in accommodation. Being a travel bug, sharing his experiences on the road is his way of helping out especially those who are new to traveling.
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