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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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What the hell. [/quote] +1 How do you not know the room count?[/quote] Tenant knocked down or put up walls. Or the owner died/got dementia and nobody else has been in the house but the uncooperative tenant.[/quote] Googled the owners and they’re in their 40s so I doubt it’s dementia. Why would anyone give an uncooperative tenant a two year lease? The owners must have felt they were decent tenants or rented through a management company and unaware of the current condition of the house. [/quote] I actually think it might be the owners living there, not tenants. In SDAT the owners’ mailing address is the same as the property address. The usual giveaway for a rental is the owners will have a different mailing address listed on the tax records than the property address. I looked the owners up in case search. Looks like this is a foreclosure as previous PPs suspected. Also looks like they had a brush with foreclosure in 2014? Not sure if I’m interpreting that correctly though. I guess the bank wants their money now, but was willing to let the owners (now tenants) stay until 2025? Is this typical?[/quote] Maybe the owners-now-tenants are elderly or in home hospice and the bank was unusually compassionate?[/quote] Owners are in their 40s, so perhaps it is a hospice situation? Banks are not usually the compassionate type, though![/quote] PP here. Could be. Medicare pays for home hospice when the prognosis is 6 months or less. My mom outlived her hospice prognosis by a few months, so there's that. Then the estate would need a few months to get ducks in a row. Obviously, if it's already sold, the estate wouldn't need to paint or make repairs. But they might need time to do probate (if it's not in a trust like my mom's was, which seems unlikely here, also not sure how probate works if the bank owns the place). The heirs would also need time to move any sentimental stuff out, although I'm betting they'll leave lots of trash and valueless stuff behind. So a year seems reasonable. Just reminiscing here. 20 years ago when we were looking for a house, we visited one that still had the hospital bed and an IV drip tree in a first floor room. I'm not a big fan of staging, but that felt like the heirs had moved the corpse out the day before. Although the owners/tenants could just be psychos, there's always that.[/quote]
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