Peter Schlossberg

RE/MAX Allegiance
Listings: 0
Endorsements: 0
Answered Questions: 1

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Answered: Jan 2, 2013
In answer to: I am thinking of renting my property out, can you help?
I understand. When you get in a situation like this I recommend getting the advise of a real estate attorney. As an alternative to paying any legal fees you may want to offer them some money to get out of your place. The banks call it "cash for keys" when they are trying to get residents out of bank owned properties. It will cost less than legal fees and allow you to get some good tenants into the property right away. The best way to avoid this problem in the future is to vet the rental application very carefully with a focus on the credit reports. Most realtors know what to look for.

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