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Old 02-02-2010, 03:40 PM
 
3,283 posts, read 4,812,174 times
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I'll be moving back home from London this coming fall and am looking for rentals (budget stage). I've heard that banks are starting to rent out some of their vacant inventory to so called 'home managers' at half the normal rent. Any idea where I can find more of these?


Last edited by 58robbo; 02-02-2010 at 04:05 PM..
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Old 02-02-2010, 04:13 PM
 
Location: Sarasota, Florida
807 posts, read 2,922,969 times
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interesting concept... I wonder how that works??
the home manager sub-leases the property then, I guess? So, who pays for maintenance? Repairs?
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Old 02-03-2010, 01:07 AM
 
3,283 posts, read 4,812,174 times
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Quote:
Originally Posted by On-da-Beach View Post
interesting concept... I wonder how that works??
the home manager sub-leases the property then, I guess? So, who pays for maintenance? Repairs?

just found the catches. what they're looking for is people to give the vacant homes the 'lived in' feeling because they show/sell better. Also to take care of the lawns and pools and to obviously run the utilities so the home doesn't rot. you have to have your own high end furniture which 'fits' the style of house. The house has to be presentable at all times as it is 'for sale' and you have to be prepared to move as and when it does sell.
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Old 02-03-2010, 03:51 PM
 
Location: Beautiful Pinellas County
1,450 posts, read 2,670,732 times
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ah another free lunch !
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Old 02-03-2010, 03:58 PM
 
3,283 posts, read 4,812,174 times
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Originally Posted by lavender View Post
ah another free lunch !
meaning?
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Old 02-04-2010, 08:05 AM
 
357 posts, read 726,937 times
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Quote:
Originally Posted by 58robbo View Post
just found the catches. what they're looking for is people to give the vacant homes the 'lived in' feeling because they show/sell better. Also to take care of the lawns and pools and to obviously run the utilities so the home doesn't rot. you have to have your own high end furniture which 'fits' the style of house. The house has to be presentable at all times as it is 'for sale' and you have to be prepared to move as and when it does sell.
Wow, they are getting pretty desperate.
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