Rentals in Maryvale : Advice

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Jeff Lee, Real Estate Pro in Phoenix, AZ
Jeff Lee answered:
is it legal for a seller to rent out a property after short sale has been approved by bank and the house is under contract?
It depends on the terms of the lease. It could be a 30 day lease just to keep a warm body in the house until you close escrow on your deal to buy the home.
I think we need more specif ... more
0 votes Share Flag Wed Jan 2, 2013 Rentals in Maryvale
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
is it legal to rent a property after short sale has been approved by bank and the house is under contract?
Hi Edward,

It would have to be disclosed to the renters that the house is under contract. The renters may not want to rent then because they may not want to move again?

Shanna Ro ... more
0 votes Share Flag Thu Nov 22, 2012 Rentals in Maryvale
Phil Rotondo, Real Estate Pro in Brevard County, FL
Phil Rotondo answered:
How long does a short sale take?
In general, figure about 2-6 months on average.
0 votes Share Flag Thu Nov 22, 2012 Rentals in Maryvale
Jason Rush, Real Estate Pro in Phoenix, AZ
Jason Rush answered:
My credit is HORRIBLE but I have stable employment (4 yrs) & a great rental history, I'm looking around the 100th Ave & Indian School
Have you considered a Lease Option scenario? This can put you into a home while assisting you in repairing your credit and working towards home ownership. There are programs that can mo ... more
0 votes Share Flag Thu Nov 22, 2012 Rentals in Maryvale
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