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Updated about 6 years ago on . Most recent reply

Rachel Luoto's profile image
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Rachel Luoto
  • from Lake Oswego, OR
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Rachel Luoto's profile image
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Rachel Luoto
  • from Lake Oswego, OR
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Rachel Luoto
  • Lake Oswego, OR
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Buying & Selling Real Estate

Red flag from Seller?

Rachel Luoto
  • Lake Oswego, OR
Posted
Under contract (close dec 27) and the seller told our agent that they don’t want the tenants to know he’s selling. Would this be a red flag to you? What would be a legit reason the seller would want this? Thank you in advance!!
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Russell Brazil
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Russell Brazil
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ModeratorReplied

You never want the tenants to know.  Some of them move out without notice.  They think a change in ownership gives them free reign to walk away or stop paying rent.

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