Can you choose not to sell to people who will rent?

[Anonymous]

You may sell it to someone who is not going to rent it but they are nasty and have all types of shady characters coming into the house all hours of the night, and are hoarders and have 35 cats and 15 dogs and let them poop anywhere and not clean it up....you NEVER know.

[Anonymous]

Anonymous wrote:Buyers are not always honest, either. My siblings and I sold our parent's former home to a family who said that they were buying it for a family member to live in. They ended up renting it, and I am quite sure that they knew that we would have refused their offer if we had known they would turn the home into a rental property. I was happy to find out that after a few years, one of the tenants purchased the house and continues to live there.

There is a house in our McLean neighborhood like that. Old neighbor bought house next door to their own. Knocked it down and built a small house so their boys could play basketball at the new house. They claimed their adult sibling was moving in but it never happened. People pull this stunt for tax purposes, and its illegal.

[Anonymous]

As long as the money is green, I do not care what a buyer does with the house.

[Anonymous]

Anonymous wrote:As long as the money is green, I do not care what a buyer does with the house.

This. OP pick the most qualified buyer and move on with your life in the Midwest. You won't be thinking about it within 6 months of your move.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

Not true. If you were to decline to sell to someone, for ex. b/c of race, that would violate 42 USC sec 1981 and subject you to liability b

lol, that only protects you from governmental discrimination

Lol, reread Sec. 1981 (not 1983). Thanks for playing.

Haha this would be funny except it's depressing to think that 14:38 is probably a member of a state bar.

[Anonymous]

The most aggravating neighbors I had when I lived in a condo were owners. Renters are not necessarily troublemakers. And I don't know how you'd have any idea whether prospective buyers were planning to live in the house or rent it out, unless it was somehow obvious that a buyer was an investor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:As long as the money is green, I do not care what a buyer does with the house.

This. OP pick the most qualified buyer and move on with your life in the Midwest. You won't be thinking about it within 6 months of your move.

Lol. You don't know me.

[Anonymous]

What in theeeeeeeeeee??

[Anonymous]

Anonymous wrote:

Anonymous wrote:You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

Not true. If you were to decline to sell to someone, for ex. b/c of race, that would violate 42 USC sec 1981 and subject you to liability b

Since no one actually says it out loud, it'll be hard to prove.

[Anonymous]

We bought our house from someone who also lived next store (his daughter had lived in the house previously). I think he wanted a good neighbor, and not sure if we were the best offer. I didn't think about the discrimination issue.

IT seems like as long as you are not discriminatory wrt to race, religion, you can probably choose your offer but you may be surprised that you don't have the multiples you envisioned. your house may be special to you, but not everyone else will feel this way. We had a "special" house we sold to move here and while people stopped on the street to take pictures of it, occasionally knocked and asked to see the inside and it was featured on house tours, we had only 1 offer i 4 weeks. So I think I'd wait until you see if this is a problem you actually have. Once you are carrying two mortgages you may find that your gut about what people tell you they will do when you are states away matters less to you than spending thousands of extra dollars in mortgage payments while you wait for the right buyer.

[Anonymous]

Individual home owners/sellers cannot, but if you have an HOA or Condo board, they may impose a restriction on the number of owner-occupied properties within the community. The reason they can get away with it is they have external factors that may impose the restrictions. It is not unusual for the insurance companies of HOA's to have a restriction of X% owner-occupied residences in the community to provide insurance. Additionally there may be loans taken out for work done on the community (especially it the HOA does not maintain large reserves) and the mortgage lender may have similar type restrictions.