As foreclosures and shortsales have hit the country hard…one thing is certain…that tenants really should do their homework before renting a private home | apartment | condo or even commercial real estate.

Scenario: Tenant pays rent to landlord but landlord fails to pay their mortgage.  At the end…home goes into foreclosure and landlord keeps the rent but the lender takes back the home.  Tenant is evicted and possessions are put out on the street…not able to pack their own belongings…tenants did everything right their reward: homeless…humiliated…and moved their family in with a friend. What is wrong with this picture.

Tenants when renting from anyone…go to public records…I know each state varies but in most cases pending foreclosure information can be found.  Just because you are doing everything right doesn’t necessarily mean the people around you are.  Protect yourself before renting from a private owner and check periodically to make sure the property is not in foreclosure.

I know this happens as it happened to me when I first moved to Daytona ….fortunately I was served papers to give me plenty warning!  If you are a tenant and in this situation…do yourself a favor…pack up and move..otherwise one day you could come home and find your life spread out in the front yard….but worse…homeless!

For years tenants have had their credit pulled…back ground check etc..etc…evaluated and scrutinized…I think its time for tenants to protect themselves and their families.  Check public records and do your research on the property owner!

EDIT: Guy makes a point…I was not in a lease…and if you are…seek the advice of an attorney and read the tenant and landlord laws pertaining to your state.

This is an oldie but goodie and just so you know… Originally posted on Activerain 09/09/2007.

Update House For Sale-Three Years Later

As I was leaving this morning for work I noticed the house on the corner had a new for sale sign up.  This would make listing agent number three.

Three different companies had taken that over priced listing. It’s been a year and a half and still no sale!

Did the seller really believe that if they changed the real estate sign their property would have a better shot at selling?

Do you think these agents really believe they had a shot at selling it with this property listed at 2004’s prices?

Are people so desperate for business that they would do this to a seller 3 different times?

The same seller and 3 different Realtors.

Why do professionals continue to make the same mistakes?

Walk away…just walk away!  What’s it going to take?   You can read the entire post here.

The point of the post really isn’t the post itself..its to point out this darn house has continually stayed on the market with very brief periods of being off the market..more than likely in search of another agent!

I lost track of the agents who have listed this house but I believe it is now real estate company #7.

A quick real estate training tip and reminder:

There is a price for everything!  There is a reason why this house has never sold!    It will sell if the price is right and easy to show and don’t forget to refresh the photos and information in your mls, your website,  flyers and brochures.

Sometimes all it takes is a tiny bit of magic..dusting off an old listing giving it new appeal so when the buyer comes along…to them it will feel like home!

Not sure why this house has not sold but I know one thing…if you cannot sell it…don’t!

Don’t be REALTOR #8 unless you mean business!

Attention Daytona REALTORS-Real Estate Agents and Brokers

BROKERS OPEN-BRING YOUR BUSINESS CARDS!

Preview some of the most fabulous homes located on Peninsula Drive.

January 20th, 2010 from 4 pm to 6 pm. Drawings and Prizes and refreshments.

Check out some of the finest Luxury Homes for sale in Daytona Beach offered by Adams Cameron & Company | RE/MAX AllPro | Keller Williams!

Contact any of these offices for additional information.

SEE SANTA IN DAYTONA BEACH

( 12/17/ 2009 -THURSDAY)

DAIRY QUEEN

3PM-7PM

Bring all of your kids and kids at heart by to visit and see Santa and hand him their Christmas wish list.  Don’t forget to bring your camera!

SEE SANTA

AT DAIRY QUEEN SOUTH DAYTONA

2270 S RIDGEWOOD

S. DAYTONA

See Santa In Daytona Beach

3PM – 7PM
THURSDAY
12/17/09