Home Renters Prospective, Fairfax, Woodbridge

By
Real Estate Agent with Century 21 Redwood Realty

Is it an insult to ask homeowners are they behind on any mortgage payments to list their home as a rental? They request double security deposit and double rent w/prospective tenants who may have homes on the market as a short sale. In my experience we have to protect ourselves in this business. Tell me your story.

Comments (3)

Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

I don't have an answer but wanted to see what others say so I jumped on board. 

Jan 24, 2009 01:14 AM
Anonymous
Gloria Laughton Allston (Burgdorff ERA-Princeton)

I assume your question is from the Listing Agent's side (the question may be inappropriate if you are representing a tenant). 

I believe any question related to the home is appropriate because you need to know as much about the motivation of the landlord as you do about the condition of the property.  Afterall, your objective is to get the property sold/leased as soon as possible and, in order to do that, you should be presenting a solid marketing plan that takes into account timing and urgency issues.

Gloria 

Jan 24, 2009 01:36 AM
#2
Pat Fenn
Marketing Specialist for CJ Realty Group/Cindy Jones Broker - Springfield, VA

I would think in our current market it would be a very legitimate question.  It isn't a violation of any far housing laws and considering the number of stories we are hearing about tenants finding themselves on the streets when the landlord goes into foreclosure it seems appropriate.

Jan 24, 2009 02:08 AM