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 Rental issue for the house, 1/2 of the market value?

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stp
post Sep 1 2009, 11:17 PM

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TS, there's no such thing as "market practice". you are right in seeking 3rd party opinion, and im just curious who's the smart real estate agent who told u this..real con case. BTW, ur s&p should hv a clause to protect ur house from damages..it should be handed in "as is basis". Repair for damages caused would be borned by seller. Taking sufficient photographs of the house conditions helps, and as lwb advised, do an inventory of the items that included in the transaction, with photos as back-up. And the rental rights is up to you alone...you have the final say. Good luck!

This post has been edited by stp: Sep 1 2009, 11:18 PM

 

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