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Reply to "“DO NOT DISTURB TENANTS”…what’s up with this listing?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Tear it down and build new. [/quote] Is that a tear down neighborhood?[/quote] There are a few below Veirs Mill in the Richard Montgomery district but I don’t think any above in the Rockville district. I own two similar rentals near there and this isn’t priced quite low enough for this situation IMO - should be less than $400K. It’s a foreclosure which is weird since the owners bought it for $420K in 2006.[/quote] If it's a foreclosure, the tenants are likely being jerked around between the bank and the owners of the house. Which entity gets to keep the rent checks? Who is responsible for making the repairs to the house? Are repairs still being made? Maybe it is because I am a tenant, but I am not necessarily sensing problem tenants here. [/quote]
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