I understand why a Short Sale Tenant would be mad about the Sale of the home they are leasing is going down. But..these tenants were advised the entire way through-by phone and certified letters. I've met them in person to advise as to COE..have even offered to help find them another Rental.
They are two months behind in rent and this Short Sale is to record on 10/30..we'll have to see how that goes.
Now..onto an Equity Sale. Tenants had a "lease option to buy". Have already been to court for Unlawful Detainer. Details hammered out. They will get some $ upon move-out..and each day they stay costs them approx. $100 from their unpaid lease amount of $43,000/mo. They too haven't paid since June 30. Property in Escrow. Served Tenants all docs to proceed. Walkthrough inspection today because contract was written "contingent to interior inspection." Tenant will be there with their attorney. Tenant says she wants money, but if that were true..why not pack out and make $100/day MORE?
COE is 11/7. This is going to be an interesting walkthrough!!
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Tenants in a short sale or any sale for that matter can present a huge problem. Recently had a short sale in Haverhill Massachusetts where the tenant made it impossible to show the property. We had to withdraw the property and take several months to remove the tenant.