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    Rentals and Leases Things to Watch out For when you approach

    First of all, I’m Connor MacIvor with REMAX – aka Connor with HONOR. I represent real How to rent and or lease safelyestate buyers and sellers. I do not do any direct lease or rental representation.

    Resource: SEARCH THE RENTALS and LEASES!

    Having said that – stay tuned…  I can advertise the heck out of a home you want to rent. I will not do the lease agreement, but I am able to pitch your rental or lease like no other and for FREE!

    If you want to rent or lease a property – I do not do the leasing paperwork or rental agreements. However, I will give you the leasing agent’s information so you can call and approach them yourself.

    Here are some items to know before you rent or lease a property.

    Check with the agent representing the owner of the home and ask if the owner is current on their mortgage payments with all lien holders (banks). Tell them you are asking because you have heard from Connor horror stories of people being evicted shortly after they sign the lease agreement because the owner was behind on their mortgage payments.

    Also, if you are approaching a property for rent or for lease on a “Non-multiple listing service” system, you may be gambling with your money and personal/private information.

    Here is why. As long as a rental or lease is published in the multiple listing service, by the Board of Realtors, you have a particular level of protection via the rules that are established by parties involved needing to be licensed, bonded and insured.

    This will not prohibit the owner from being behind in their payments or the property being in foreclosure. But, it will help that you aren’t dealing with a person that just ran to a print shop, had some “property management” cards printed, found a listing on Craigslist that was vacant, and took out an add in the paper with a “too good to be true” rental or lease deal.  “Bring Cash Deposits” is the sub heading.

    Another Tip – How about getting all correspondence with the “leasing or property management” agent in writing. If you are dealing with one of the “owner’s” representative’s, email them a recap of your discussion as you understood it.

    This tip of “recapping” by email will give you an edge, if you can get the other party to respond 🙂

    Remember me and let me know when you are ready to buy or sell real estate. That is what I do BEST!!! Be safe!

     

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

    2 Responses to “Rentals and Leases Things to Watch out For when you approach”

    • Maryke Intveld

      Written on

      Hi.. I found a townhouse for rent as I was driving by the neighborhood. The gentleman that was renting it happend to be outside and let me and my husband in to view them. He said to call him that weekend to come by and fill out an application, we did submitted all paperwork he requested. That was almost 2 weeks ago now I texted him to follow up and he said he pretty much we got the place. But that I needed to give him a cashiers check for 1 st months rent and the deposit. I asked if we would be signing the lease at that time and receiving the keys he said no. I have looked up the property management he said he was from and found nothing. I have even looked up the address. Can you help?

      Reply

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