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BUTTERFLY: HI EDDIE
lili: hi...
Tom: Absolutly right, I got a foreclosure notice a few days ago and the owner took all my money and never paid a cent to the mortage company.
Eddie: Arlington

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Tuesday, May 12th 2009

09:14:31 AM

For Rent By Owners do Win Sometimes

Hi again, Hope you are having a great Spring. My entry today involves the ever preying For Rent by Owner. You read that I nag on this all of the time but when you sit in my chair every day and see the rip offs it really makes me sick.

OK, had an owner who was going to list his place with me for $1895.00. This was the market price I suggested based on others that have rented. He placed it on the market for $2100.00 which was overpriced for his neighborhood. In fact there was another one just down the street for $1895.00. Anyway, the place rented to someone who contacted him as a for rent by owner. The sad news for the person who decided to rent it is that he could have saved $205.00 per month by simply staying away from the for rent by owner and using us.

What more do I have to say......If you are dealing directly with a for rent by owner..DON'T. You will probably pay too much and the odds on a foreclosure or other unreasonable request like first and last month rent, app fee rip offs, deductible rip offs goes much higher.

Happy Hunting!

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