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Old 08-05-2018, 07:28 PM
 
4 posts, read 2,688 times
Reputation: 10

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When tenant says the reason they are looking for new place is because owner is selling the property is that a solid "legitimate" reason why____or "code talk" for something else?
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Old 08-07-2018, 09:00 AM
 
Location: Living on the Coast in Oxnard CA
16,290 posts, read 30,855,303 times
Reputation: 21877
I don't know. When we were renters the reason I moved is the cost of the rental had jumped up and we found something better.
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Old 08-07-2018, 12:37 PM
 
Location: Riverside Ca
22,148 posts, read 30,360,652 times
Reputation: 35379
Not necessarily. Some LLs get out of the business because it’s a good time to sell. Google the address see bowman long it’s been a rental. It will give you a idea between the sold or rent listed prices and timelines
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Old 08-13-2018, 03:17 PM
 
Location: Newbury Park
1 posts, read 631 times
Reputation: 10
In this market, it is possible it's a legitimate reason. With prices being high, if a landlord wants out, now is a good time to sell and liquidate his investment. If you are screening a possible tenant you should call the landlord for a reference anyway.
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Old 08-14-2018, 08:52 AM
 
9,446 posts, read 5,930,184 times
Reputation: 18879
Not sure what you're getting at, but the tenant is most likely afraid that their rent will increase after the sale.
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Old 08-18-2018, 06:31 PM
 
10 posts, read 6,260 times
Reputation: 23
We just moved last year because our landlord was selling. It seems like that happens often enough to be legitimate.
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