All Forum Posts by: Account Closed

@Christopher Oyenuga

By closing, do you mean literally closing the deal at the title office?  If so, you have a signed contract, they can't go back on that now.  If you don't mean literally, it is anyone's guess what they have in mind; you need to stick with the numbers.  The numbers will indicate what is the highest you should go.  Don't let your emotions get in the way and don't try to "win" a bidding war; go by the numbers and you can't go wrong, even if you lose the deal.  What you don't want is a property that doesn't cash flow.

@Robert Yousef Tax foreclosures do not show up on the MLS, have them check their county court house/auditor's office to find out where to find info on those. Sheriff's auctions also don't show up on MLS until after the auction, so that is another place to get foreclosures that aren't on the MLS.

@Olivier Gilles  I would not break the lease, I would add an Addendum to the lease that states that if their purchase goes through and closing is June 8th, you will make the prior lease end as of May 31st; but if the purchase does not go through, the end date remains at June 30.  That way you are covered either way, and you aren't breaking the original lease.

@Wen Chuang  I had an apartment once where they stated in the lease that the basement was not to be converted into any type of sleeping room due to the lack of proper fire escapes.  I don't know what your laws are there, but you should be legally covered if it is in your signed lease.  I assume he will have liability insurance as well.  What it comes down to is that unless he puts a deadbolt with key on the door, there is a chance someone would do that, so the only way to protect himself is to put it in the lease.  I would also put a clause regarding subletting but I would not specifically mention that room for fear of planting the idea in their head.  

Call a credit bureau and ask them, they should be able to tell you.

Absolutely!  Your girls are very smart!   I am not quite sure why I am afraid of them, I don't know if it is because they shoot webs out their butts and can hang from them (which is kind of freaky, if you think about it) or because they crawl on you, or because of how fast they run and skitter.    I can't put my finger on the reason, but I am not a fan.  My husband knows that if there is one on the bedroom ceiling (which I check every night before I sleep), he won't get a wink of sleep until it is disposed of.    He also knows if it disappears, he better find it quick.  So, yes, I can relate to this tenant, but I can't say I ever thought to call my landlord.  That's probably because my husband gets bug spray before it would ever get to that point because he values his sleep.  ;-)

@Michael Temple

I don't know if they carry it where you are located or not, but "Seven" works very well.  I do not know about how safe it is for children, so do your own homework, but I know it works very well.

With that being said, first thing you need to understand is you are dealing with a female.  Females do not like spiders.  The reason for this is because Females understand that spiders communicate.  Not only do they know you are trying to kill them, so they run like little Tasmanian devils, but they also notify all their relatives who will come watch you at night while you are sleeping.  If you happen to knock one to the floor, they play dead until you are asleep at night, and then they come back and notify their friends.  Before you know it, they are making cocoons in the corners of your ceilings, preparing their fortress for the takeover that is going to happen the minute you close your eyes to sleep.  The only 100% cure for a spider in most female minds is a flame thrower, and that may cause you fines if you have your smoke detectors in the wrong locations.

Therefore, do not take your tenants lightly if they have a fear of spiders, just remember the spiders are there because bugs are presents, such as ants.  Ants can be quite destructive, particularly if they are carpenter ants or winged ants such as termites.  

Consider your tenant's complaint as a good alarm mechanism that your house could sustain structural or fire damage that a little bag from Home Depot or Lowe's could have prevented.  

Treat your tenants how you would want to be treated and you can usually get along very well and take of their concerns pretty cheaply.  What you may conceive as tedious and unimportant may be very important to your tenant.

Lisa

Gorgeous!  Redfin estimates it well sell faster than 99% of houses on the market.  WOOT!  Love that kitchen!

Turnkey?  Doesn't that mean it is move in ready or have I been misinterpreting?

Interested. Please send pictures to lkovaca@aol com