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All Forum Posts by: Wells Lange

Wells Lange has started 9 posts and replied 123 times.

General Landlording & Rental Properties

Post: Would you rent to this potential tenant?

Wells LangePosted
  • Indianapolis, IN
  • Posts 125
  • Votes 50
I wouldn't. An eviction and police record? No thanks. Unless it's been up for rent for awhile and he is your only application and you are hemorrhaging cash flow from vacancy, wait for someone better. If you do give him a lease, take nothing less than 1 months rent security deposit.
0 Votes
Foreclosures

Post: HUD Home Status?

Wells LangePosted
  • Indianapolis, IN
  • Posts 125
  • Votes 50

Ah okay. I was thinking it was some sort of lien or credit or something. Thanks

0 Votes
Foreclosures

Post: HUD Home Status?

Wells LangePosted
  • Indianapolis, IN
  • Posts 125
  • Votes 50

I am looking at a HUD property online and in the listing it says:

"Home status is FHA insured with escrow $3905."

What does that mean?

0 Votes