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November 28, 2007 at 8:56 AM #104246November 28, 2007 at 9:02 AM #104352(former)FormerSanDieganParticipant
In these turbulent times, how can you be sure you’d get your 6-12 months rent in advance, back if the house you are renting goes into foreclosure?
I wouldn’t worry about paying 6 months in advance, assuming the property currently does not have a NOD. My guess is you would have a minimum of 5 months after a NOD before you were kicked out.
November 28, 2007 at 9:02 AM #104256(former)FormerSanDieganParticipantIn these turbulent times, how can you be sure you’d get your 6-12 months rent in advance, back if the house you are renting goes into foreclosure?
I wouldn’t worry about paying 6 months in advance, assuming the property currently does not have a NOD. My guess is you would have a minimum of 5 months after a NOD before you were kicked out.
November 28, 2007 at 9:02 AM #104379(former)FormerSanDieganParticipantIn these turbulent times, how can you be sure you’d get your 6-12 months rent in advance, back if the house you are renting goes into foreclosure?
I wouldn’t worry about paying 6 months in advance, assuming the property currently does not have a NOD. My guess is you would have a minimum of 5 months after a NOD before you were kicked out.
November 28, 2007 at 9:02 AM #104397(former)FormerSanDieganParticipantIn these turbulent times, how can you be sure you’d get your 6-12 months rent in advance, back if the house you are renting goes into foreclosure?
I wouldn’t worry about paying 6 months in advance, assuming the property currently does not have a NOD. My guess is you would have a minimum of 5 months after a NOD before you were kicked out.
November 28, 2007 at 9:02 AM #104342(former)FormerSanDieganParticipantIn these turbulent times, how can you be sure you’d get your 6-12 months rent in advance, back if the house you are renting goes into foreclosure?
I wouldn’t worry about paying 6 months in advance, assuming the property currently does not have a NOD. My guess is you would have a minimum of 5 months after a NOD before you were kicked out.
November 28, 2007 at 3:40 PM #104626NeetaTParticipantI will be moving to San Diego / Sun Diego / San Dog in April 2008. I plan on renting and in doing so, I plan on low-balling desperate owners by offering them 1yrs worth of rent up front at a severe discount to me. I believe some people would go for this because up front money talks. For example; If the rent is $2,000.00 a month, I will offer $1,800.00 per month x 12 up front. That would be like earning 10% tax free. They may take the money and try to invest it and make up the 10% not guaranteed and be taxed.
I am not really worried about the risk of losing up front money. I will just sue the person for more or threaten to sue the bank that owns the house.
November 28, 2007 at 3:40 PM #104716NeetaTParticipantI will be moving to San Diego / Sun Diego / San Dog in April 2008. I plan on renting and in doing so, I plan on low-balling desperate owners by offering them 1yrs worth of rent up front at a severe discount to me. I believe some people would go for this because up front money talks. For example; If the rent is $2,000.00 a month, I will offer $1,800.00 per month x 12 up front. That would be like earning 10% tax free. They may take the money and try to invest it and make up the 10% not guaranteed and be taxed.
I am not really worried about the risk of losing up front money. I will just sue the person for more or threaten to sue the bank that owns the house.
November 28, 2007 at 3:40 PM #104722NeetaTParticipantI will be moving to San Diego / Sun Diego / San Dog in April 2008. I plan on renting and in doing so, I plan on low-balling desperate owners by offering them 1yrs worth of rent up front at a severe discount to me. I believe some people would go for this because up front money talks. For example; If the rent is $2,000.00 a month, I will offer $1,800.00 per month x 12 up front. That would be like earning 10% tax free. They may take the money and try to invest it and make up the 10% not guaranteed and be taxed.
I am not really worried about the risk of losing up front money. I will just sue the person for more or threaten to sue the bank that owns the house.
November 28, 2007 at 3:40 PM #104748NeetaTParticipantI will be moving to San Diego / Sun Diego / San Dog in April 2008. I plan on renting and in doing so, I plan on low-balling desperate owners by offering them 1yrs worth of rent up front at a severe discount to me. I believe some people would go for this because up front money talks. For example; If the rent is $2,000.00 a month, I will offer $1,800.00 per month x 12 up front. That would be like earning 10% tax free. They may take the money and try to invest it and make up the 10% not guaranteed and be taxed.
I am not really worried about the risk of losing up front money. I will just sue the person for more or threaten to sue the bank that owns the house.
November 28, 2007 at 3:40 PM #104769NeetaTParticipantI will be moving to San Diego / Sun Diego / San Dog in April 2008. I plan on renting and in doing so, I plan on low-balling desperate owners by offering them 1yrs worth of rent up front at a severe discount to me. I believe some people would go for this because up front money talks. For example; If the rent is $2,000.00 a month, I will offer $1,800.00 per month x 12 up front. That would be like earning 10% tax free. They may take the money and try to invest it and make up the 10% not guaranteed and be taxed.
I am not really worried about the risk of losing up front money. I will just sue the person for more or threaten to sue the bank that owns the house.
November 28, 2007 at 4:17 PM #104751GoUSCParticipantNeetaT that isn’t a huge discount. In my current house they were asking $2700/month and I offered $2100/month six months up front and they accepted.
November 28, 2007 at 4:17 PM #104805GoUSCParticipantNeetaT that isn’t a huge discount. In my current house they were asking $2700/month and I offered $2100/month six months up front and they accepted.
November 28, 2007 at 4:17 PM #104783GoUSCParticipantNeetaT that isn’t a huge discount. In my current house they were asking $2700/month and I offered $2100/month six months up front and they accepted.
November 28, 2007 at 4:17 PM #104757GoUSCParticipantNeetaT that isn’t a huge discount. In my current house they were asking $2700/month and I offered $2100/month six months up front and they accepted.
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