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 5 years ago,
Renting to people who are going through short sale
Hi, I have a couple (semi-retired) that I am considering for renting my townhouse in A/B neighborhood. Rent is slightly under $2000 per month. They seem to be very nice and friendly. They have 2 cats that they swear use littler box and they are willing to put down pet deposit and monthly pet fee. From the background check I learned they are going through short sale process and their house might be foreclosed from my research. Their credit is mid 500 to mid 600.
I am unsure if it is a good idea to rent it to someone with 2 cats and people going through short sale. People seem to be very nice but they were not upfront about their current shortsale situation and I learned it from background check.
I welcome your opinion.