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<blockquote data-quote="BigBear56" data-source="post: 1674162" data-attributes="member: 38461"><p>I couldn't agree more. We were looking to sell our home almost 9 years ago. We were under water on it by about $10-15k and had already bought a new home. We had it listed for 6 months with no offers. We went 3 months with 2 mortgages and I decided to rent it out. I put an add on Craigslist and a sign in the yard. I probably had 70 phone calls and emails. So many I decided to do an open house and hand out applications and meet prospective tenants. I had 2 people show up. Both took apps. Only 1 app was returned. She was a single lady that had recently lost a home and had an adult daughter that lives with her. We moved her in in October on 2012. She's been there ever since. We meet annually for her to sign the lease for the next year (and for me to see the property). She gives me an envelope full of post dated rent checks for the entire year and has bounced 1 check and she called me right after it happened. She takes great care of the property and has remodeled some of the rooms (flooring and paint). Place always looks good. Now I'm at the point where the market is absolutely on fire around here and I'm having the moral dilemma of selling the house out from underneath her. I always told my wife I would keep her in there until we could make enough off of that house to pay off our current home. Welp we're almost there. She has been a blessing to us. Tough situation for me anyways</p></blockquote><p></p>
[QUOTE="BigBear56, post: 1674162, member: 38461"] I couldn’t agree more. We were looking to sell our home almost 9 years ago. We were under water on it by about $10-15k and had already bought a new home. We had it listed for 6 months with no offers. We went 3 months with 2 mortgages and I decided to rent it out. I put an add on Craigslist and a sign in the yard. I probably had 70 phone calls and emails. So many I decided to do an open house and hand out applications and meet prospective tenants. I had 2 people show up. Both took apps. Only 1 app was returned. She was a single lady that had recently lost a home and had an adult daughter that lives with her. We moved her in in October on 2012. She’s been there ever since. We meet annually for her to sign the lease for the next year (and for me to see the property). She gives me an envelope full of post dated rent checks for the entire year and has bounced 1 check and she called me right after it happened. She takes great care of the property and has remodeled some of the rooms (flooring and paint). Place always looks good. Now I’m at the point where the market is absolutely on fire around here and I’m having the moral dilemma of selling the house out from underneath her. I always told my wife I would keep her in there until we could make enough off of that house to pay off our current home. Welp we’re almost there. She has been a blessing to us. Tough situation for me anyways [/QUOTE]
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