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Vendor wants to rent back
Put them through your chosen property manager so that they pay market rate and adhere to all the rules. Just because they've lived there before does not mean they get treated any differently to any other tenant.- D.T.
- Post #16
- Forum: The Buying/Selling Process
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Vendor wants to rent back
Whats the REA got to do with it? How long are they looking to rent for?- D.T.
- Post #12
- Forum: The Buying/Selling Process
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Vendor wants to rent back
I'd personally go with #3. It seems like a win - win, vendor gets to stay in their property and you get to do your DA with less holding cost. The REA doesn't need to be a part of the conversation if you do let them rent. You can have your chosen property manager take it over at settlement...- D.T.
- Post #2
- Forum: The Buying/Selling Process