“The Tenants Are Hostile and May Not Let You In”

man knocking on doorA few days ago I was setting up showings for a client.

I called the listing agent for a property that was listed as a foreclosure, although the showing instructions did not mention a lockbox.

She told me there was no lockbox and not only was the house tenant-occupied, they were uncooperative and didn’t usually let anyone in because they were “hoping” to buy the house.  However, we could certainly TRY.

Try HOW, exactly?  Oh, yeah, knock on the door. Right.

Oh, and as an added incentive for any interested Buyer, the tenants’ lease gave them a 60-day option to buy the house once the Sellers had received an offer.

“Well, that explains the 520 days on market then,” I remarked.

The listing agent didn’t seem to find the humor in that.  (I could tell the conversation was starting to deteriorate).

Since I was already on her bad side, I then commented I could not seem to find the tax record on the county website, nor was the tax record linked in the listing, which is customary.

“Oh, that’s because it’s actually in a different county but I thought it sounded better to list it in this other county.”

Hmmmm…okay.  “Is anything else about the house misrepresented?

Dead silence.  I thought I heard a small sigh, then she recovered enough to ask, “Now, when would you like to see it?” I could just see her clenched teeth as the words left her mouth.

My client was sitting at the table with me when I made the call and he could overhear enough to decide he was definitely not interested in this particular listing, so by the time she asked the question, he was shaking his head and waving his arms, “No.  No way.”

I thanked her for her time and told her we were not interested.  I’m sure she was relieved, actually.

When I looked the listing up in the MLS, the 9 year old property had changed hands no fewer than 6 times, from one LLC to another.  And now it was in foreclosure with seemingly immutable tenants.

You know, there are listings you wouldn’t wish on your worst enemy.  And I think this was one of them!

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“The Tenants Are Hostile and May Not Let You In”

man knocking on doorA few days ago I was setting up showings for a client.

I called the listing agent for a property that was listed as a foreclosure, although the showing instructions did not mention a lockbox.

She told me there was no lockbox and not only was the house tenant-occupied, they were uncooperative and didn’t usually let anyone in because they were “hoping” to buy the house.  However, we could certainly TRY.

Try HOW, exactly?  Oh, yeah, knock on the door. Right.

Oh, and as an added incentive for any interested Buyer, the tenants’ lease gave them a 60-day option to buy the house once the Sellers had received an offer. 

“Well, that explains the 520 days on market then,” I remarked. 

The listing agent didn’t seem to find the humor in that.  (I could tell the conversation was starting to deteriorate).

Since I was already on her bad side, I then commented I could not seem to find the tax record on the county website, nor was the tax record linked in the listing, which is customary.

“Oh, that’s because it’s actually in a different county but I thought it sounded better to list it in this other county.” 

Hmmmm…okay.  “Is anything else about the house misrepresented? 

Dead silence.  I thought I heard a small sigh, then she recovered enough to ask, “Now, when would you like to see it?” I could just see her clenched teeth as the words left her mouth.

My client was sitting at the table with me when I made the call and he could overhear enough to decide he was definitely not interested in this particular listing, so by the time she asked the question, he was shaking his head and waving his arms, “No.  No way.” 

I thanked her for her time and told her we were not interested.  I’m sure she was relieved, actually.

When I looked the listing up in the MLS, the 9 year old property had changed hands no fewer than 6 times, from one LLC to another.  And now it was in foreclosure with seemingly immutable tenants. 

You know, there are listings you wouldn’t wish on your worst enemy.  And I think this was one of them!

 

 

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