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Updated about 4 years ago on . Most recent reply

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Dale Dudley
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huge deposit, is it normal???

Dale Dudley
Posted

i recently checked out a place moving in was going to be 4800 but no elevator, my realtor told me he has something cheaper with elevator but the move in cost in higher (7200). is this reasonable and why do you think it cost so much more???

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @John Underwood:

Do you have good credit and good background check?

Might be due to Covid.

in our area ( Oregon) with rent control and very tough landlord laws.. I have seen landlords simply take their units off the market and choose to sell to owner occ which can be done in a heart beat in this market.  So rent control and all the affordability housing issues that are raised by the politicos is having the exact opposite effect.. one less inventory  and two landlords are going to be doubly concerned about who they rent to and maybe asking for sky HI deposits will be one thing as well..  going to be interesting.

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JLH Capital Partners

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