All Forum Posts by: Andrew Halbert

This chick is still a no-show. No calls, no emails nothing.  I have almost 1000.00 dollars of her money and it's like she fell off the face of the earth. I've tried calling her references back, no answer. On Monday I may try to call her at work.  There has been absolutely nothign signed yet, the only thing she did was fill out an app and give me 1000.00 to hold the house until X date. Then X date passes, she has an excuse, needs to put off closing until Y date. Y date comes and she's a no show.  

I'm clueless what to do.  I just want to give her her money back. 

Well she hasn't called me back or reached out to me since Wednesday. What do I do if she never contacts me again?  Just keep the deposit?

LOL,

Well at the very least I am take my fees out for the bounced checks, background and credit check. 

The cashiers check was nonrefundable to hold the home( and she knew that)

Cliffs:

Passed all my screening methods.  

Give me 800$ cashiers check to hold house until Security deposit and first months rent is available.  

Each time she attempts to cut me a cashiers check for the sec/dep+1 month rent she tells me the bank tells her it's not available yet. (the source of that money is a closed out IRA supposedly)

Show me bank statement that shows it's in her account but not available. 

She gave me another 200 personal check at the same time she gave me the cashiers check because I told her I wanted 1000$ to hold the house until her funds cleared. 

The personal check for 200 bounced!!  

Also, stupid me, I took a check for the app fee for 50$, that bounced also!!

Past landlord said she was model tenant and sorry to see her go. 

I don't get it.  We've tried to schedule the closing 3 times and each time she has showed up with an excuse as to why her credit union has not released the funds yet. 

But she gave me a 800$ cashiers check????  It cashed not problem.  

Am i obligated to give her any of that cashiers check back since i am probably going to be turning her down due to all this drama and wasted time?

lol good replies

well something doesn't add up.  

what did you end up doing?

THE INFORMATION REPORTED BY THE SELECTED CREDIT BUREAU SHOWS THAT THE CREDIT FILE FOR THIS APPLICANT IS LESS THAN THREE YEARS OLD.

Shows up as a big fat red alert. 

It also shows a foreclosure in process yet scores this person with a tenant score of 760?  This is has got to be the hardest credit report ive ever read.

with the purpose of investing in real estate, what do you do ???

We are targeting some type of aquisition in the next 2-4 months for our second unit. 

thanks, my guy tells me the same thing, but I am new at this so that's why I ask. 

Hi everyone, I have an applicant who can sure afford my unit, however is currently in foreclosure, and essentially squatting at his house(well the foreclosed house).  He makes plenty of money, all verfied. Decent work history, been there 4 years.  Same old sob story, lost a job, wetn through a divorce. But when I asked him when the house went into forclosure he said a year ago.  So essentially he's not been making payments on a 1500$ a month mortgage for a year.  Now he has been pretty honestly about anything and hasn't tried to bend the truth, but something just feels a bit off.  He is VERY eager to move in, he even told me i underpriced my house and that if it came between him and another applicant he would go up to 1450 to help his cause. I saw his W2's paytubs. All legit.  However he does have 600 a month garnished from his wages due to child support.  I have heard mixed thoughts on this from BP members.  Some say stay the heck away from anyone with garnishments, some say otherwise.  Single guy, seems very handy. No Pets.  Say's he "can't catch a break" but is hoping this works out so he can be closer to his kids.  Whatever...

On the other hand, my other applicant is a single nurse with 3 girls. On her income alone she qualifies. Plus she gets 900 a month in Child Support which is documented.  We interviewed the family and they are really a delightful family.  One girl is going through college on a full ride(pre-med).  On paper she doesn't make quite as much but still qualifies.  I spoke to her old landlord, the previous landlord said they were the perfect tenants. They lived there 5 years, never missed a payment, never a problem.  Not a single error or mis-representation on her application.  Her references checked out great.  Ohh and shes been with the same company almost 10 years.