General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
New tenants sign lease, then their house fails to sell.
A couple who was selling their house applied for my rental. They were sure that their house would close on a certain date post lease-signing, and upon my urging (twice) they confirmed with their real estate agent that their buyer's financing was secure. They moved into my rental, and their buyer's financing fell through. They are not complaining at this point about having to make a mortgage payment and pay rent to me, so perhaps I am more uncomfortable than they are, but how do other landlords deal with this risk, or does it just come with the territory?
Most Popular Reply

Don't feel bad for anyone as some tenants make up sob stories for you can give them a break. they signed the lease and glad they are paying. it comes with the territory.