A hard and costly lesson

Topic by 743 roadmaster

743 roadmaster

Home Forums Money A hard and costly lesson

This topic contains 7 replies, has 8 voices, and was last updated by Hollowtips  hollowtips 1 year, 8 months ago.

Viewing 8 posts - 1 through 8 (of 8 total)
  • Author
    Posts
  • #804864
    +9
    743 roadmaster
    743 roadmaster
    Participant

    Couple selling their $450,000 Colorado home find property covered in URINE and FECES after would-be buyers completely destroy the place then disappear

    Late last year, Jenny and Paul Fisch put their El Paso County home on the market for $450,000
    Shortly thereafter, they received a submission offering to buy the home at full asking price, leaving the couple over the moon
    The new home-buyers, however, wanted to rent the house for the first three months before agreeing to buy it
    After 90 days, the Fischs found their place covered in ‘feces and the urine’
    Making matters worse, Sheriff’s Department says the issue is a civil matter, insurance company won’t cover damages and the tenants skipped town

    Read more: http://www.dailymail.co.uk/news/article-5720567/Couple-looking-sell-Colorado-dream-home-property-covered-urine-feces.html#ixzz5FJnmM6Fy

    ——–Bonded contract. Security deposits. Do your own research on buyer.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #804874
    +5
    Bstoff
    bstoff
    Participant
    4863

    From what I’ve read, the broker/agent should be held liable.

    I’m wondering if the owners tried to do a lot of the process independently.

    I also noticed there was apparently no earnest money or any other kind of assurance.
    I can’t see any bank wanting to go along with this arrangement.

    #805026
    +3
    IMickey503
    iMickey503
    Participant
    12465

    And people wonder why apartments charge so much for the move in. No way would you ever catch me renting anything. Its own or f~~~ that.

    If you rent to people, you make sure they pay for the costs to rent. ALL OF IT.

    That is why Airbnb is such a savior to people. You can’ claim squatters rights, or any of that bulls~~~. That’s why a ton of places are offering their services as Motels or hotels.

    No one wants to deal with these s~~~y people. And since its not their they don’t care.

    You are all alone. If you have been falsely accused of RAPE, DV, PLEASE let all men know about the people who did this. http://register-her.net/web/guest/home

    #805105
    +2
    Atton
    Atton
    Participant

    EPA superfund site.

    A MGTOW is a man who is not a woman's bitch!

    #805177
    +3
    The Black Scorpion
    The Black Scorpion
    Participant
    2144

    A few years ago a cousin of mine rented a house he owned to a ‘nice, working class couple’.

    One day the police showed up at his residence and told him the couple he rented the house to were in jail being charged with manufacturing drugs.

    He went over to the rental property and the inside was a complete mess with major damage.

    The repairs cost him over $70,000 and not a cent was cover by insurance.

    That’s one reason I’ll never get involved with rental properties – people are scum until proven otherwise.

    The greatest tragedy in life is to spend your whole life fishing only to discover that it was not fish you were after. - Henry David Thoreau

    #806095
    +2
    Y_
    Y_
    Participant
    4591

    Nowadays people should stop being so trusting – in the world we live in expect anyone and everyone you do not know (and some of those you do!) to screw you over.

    It may be a hard way to live but the alternative may be far far worse.

    #806099
    +2
    JustAnotherGuy
    JustAnotherGuy
    Participant

    My parents had a home they needed to sell in a tough market as a result of leaving the city. They were encouraged by a firm they were dealing with to lease-to-own under a program where someone with a poor credit rating could effectively use the lease as a way to rebuild their credit score with banks.

    The short version is, the guy who ended up leasing it was an ex-convict who was “trying to put his life back together.” He turned the nice ranch-style home in an extremely good, highly-coveted school district into a literal crack house. $40,000 in damages, 6 months in civil claims court to get him legally evicted so the police could enforce property rights, and the man would later flee the country to avoid paying on the judgment (among many other reasons).

    If you have property, either get a traditional lease that allows you to deny renting to someone who fails a criminal background check, or sell the property outright. They never collected a single rent check, it took them 6 months to get him removed, and the property damage came out of their retirement fund. They had to short-sell the property because it was a financial liability.

    Cupcakes are Cold. MGTOW is Absolute Zero.
    “Let us wait a little; when your enemy is executing a false movement, never interrupt him” –Napoleon Bonaparte, 1805

    #811144
    +2
    Hollowtips
    hollowtips
    Participant
    681

    You just have to be more careful when renting, one of the more expensive places I rented in the past was subjected to quarterly inspections so for times a year they’d check for severe damage or signs of drug trafficking being conducted. It annoyed me, but the apartment complex was smart to work that into the leasing contract.

Viewing 8 posts - 1 through 8 (of 8 total)

You must be logged in to reply to this topic.