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- Sarasota Realtor Mike Payne helps buyers and sellers (especially distressed sellers) in and around Sarasota, Florida.
Enjoy this short podcast….
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Sarasota Homes For Rent Shock Renters & Landlords!
Description: Sarasota foreclosures flip the script, where TENANT forces property owner into foreclosure…an unexpected and tragic foreclosure dilemma.
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Please scroll down this page to leave me a comment, ask a question and/or make a suggestion about any podcast. I look forward to hearing from you. Thank you! If you or someone you know wants to buy or sell a house in or around Sarasota, please call me now. Give me a chance to earn your trust.
Indeed, some tenants unfairly are being taken advantage of by unscrupulous property owners and their agents (leasing agents, landlords, etc).
In fact, just the other day I heard from an active military guy serving in Afghanistan. His wife and children are in Orlando; he’s a million miles away, fighting to protect us.
Yet, he contacted me out of fear for his family.
He’s discovered by chance the house he and his wife THOUGHT they were renting to own really is in default – property owner took their $6,000 or $7,000 upfront option payment (I don’t recall which it is).
Worse (in this guy’s mind anyway) is that this owner NEVER once contacted him or his wife about default. He’s been taking their money each and every month.
GREED & Entitlement Define Many Defaulting Landlords
For sure, greed is the day’s four-letter word.
They screwed me (banks). I’m going to screw you (landlord to tenant). In this case, they (landlords/property owners) really believe two wrongs make a right.
Having said this, I DO see what’s happening….
But then, (some) RENTERS force landlords into foreclosure…as well!
But it’s not just happening with landlords putting the screws to tenants. It’s TENANTS also forcing property owners/landlords into foreclosure!
It’s tenants using the the clogged courts, penniless (distressed) property owners & (some) greedy attorneys who checked their conscience at the front office during law school matriculation to FORCE owners into foreclosure.
Yes, I’ve experienced this with a**hole tenants who squatted in the house after contracting to BUY this very house. They went under contract and then proceeded to buy another house, apparently knowing the owners/sellers could not afford to pursue justice.
Horrible what they did…buying another house while under contract.
Worse, they squatted and wouldn’t get out to allow us to try to find another buyer. Hell no, these people squatted, forcing one school teacher and her county government husband (who’s hours have been cut and job in jeopardy) into foreclosure. As long as I live, I NEVER will forget this abhorrent behavior.
What’s your experience with tenants screwing over landlords and vice versa (of course, there are both). Scroll down to leave a comment, ask a question or share an experience. And please, if you or someone you know wants to buy or sell a house in or around Sarasota, please call me now. Give me a chance to earn your trust.
Sarasota homes for sale tell stories unlike any painful, tragic, joyous stories you’ve ever heard. Working the front lines, I see more than I care to see. I see human nature at its ugliest; I (fortunately) see human nature at its most selflessness. Thank goodness I’m not forced to work on Wall Street or inside some investment bank or on the trading floor at (defunct) Enron.
