I AM NOT HELPING OUT MY LANDLORD NO WAY
I met an interesting couple the other day while I was showing my listing as a rental. I met two ladies who were looking for a rental. They gave me many compliments on the house. I informed them of the monthly rent, required deposits and background checks. They seemed perfectly fine with this procedure. It is very normal under the current circumstances. I asked them if they were in a current lease or not at the current time. They informed me that they are in a current lease. However, the know that the owner of the house is being foreclosed upon.
So, I continue to ask them more questions about their current rental. They told me that the seller is six months behind in payments. They have never missed a rental payment. Both ladies are quite mad because seller will not fix anything at the house. Well, I am sure the seller has no money to fix repairs. So, these two ladies want to secure a roof over their heads before they get kicked out of their house. Hey, they are just looking out for the families. They are furious with their landlord. It is not a win win scenario in their minds.
It seems like the seller needs a Realtor to discuss options on the current house. So, I ask the ladies for their seller's phone number in order to set up a meeting with the seller to discuss a possible an Arizona short sale. Plus, the tenants may possibly be able to stay longer in the home. Here was her response to me
"I AM NOT HELPING OUT MY LANDLORD NO WAY."
Again, I was just offering my services to both parties. I was thinking of my grandfather who always believe in the GOLDEN RULE IN LIFE- treat others the way you want to be treated. It is sad for both sides in this current scenario.
There are people out their in your local community who need your services right now when it comes to real estate.
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Well, guess they were more than a bit angry. But they should have given you a phone number. You are right, live by the golden rule, that is the way to go!
Harry - Interesting story. We are currently working on a short sale with tenants who flat out refuse to leave! Its a scary combo doing a short with tenants!
Andrea-there a plenty of upset people both renters and sellers one deal at a time
It is tricky with tenants when doing short sales best to you
Absolutely, the current market seems to bring out the "best" in everyone, doesn't it? :)
Tim like your term "best" fellow NYer here
I come across this when doing home inspections on short sales under contract. I get to meet the angry tenants ugh
Eric-feel your pain do the same thing when doing trustee sales
I guess sometimes like attracts like, bad uncaring landlord, possibly uncaring tenants!!! You can't help those who don't want help, there are a lot of people who do these days, so we have to focus on them!!!! Tough Times!!!
Ted just trying to do my part during these TOUGH TIMES great input
I lost a short sale deal last year when a seller backed out close to closing. Found out afterwards, the tenant was his daughter and she had no place to go. If my buyer would haave known about this ahead of time, she would have been willing to work with seller and his daughter. Instead both lost deal. Why can't people understand Realtors are really trying to help people in this tough economy. Good post Eric.
Mike--Great point Realtors need to communicate with honesty to close more deals.
When I show rentals listed in mls I check to see if the house is also listed for sale as short sale.
Gita I do the same same procedure
Ah yes, the "ladies" seem more than a little upset with the landlord. Trying times can bring the best and/or the worst out in folks.
I'm sure the landlord is probably feeling his own pain currently.
Sue of Robin and Sue
I wish more people would realize right now we're a nation of walking wounded and to treat each other with kindness.
We all have to live with our personal decisions in life
We've all run across what Michelle calls the walking wounded. I guess in times like this one's true nature comes out!
Tough times tough calls
Thanks for sharing another interesting post with us today. Best to you
Wow maybe a renter needs to hire a lawyer before they move in a house
Wow this is so wrong