- Joined
- May 11, 2009
- Messages
- 172
Hey everyone,
Well, we had our first showing of our Rent To Own property in Cambridge tonight. Things went pretty well: out of 8 appointments, 4 showed up and 3 filled out applications (not bad for a first showing, I suspect).
Nobody really shone above the rest, and everyone had various points (good and bad) that will weigh on our decision, so here`s how they break down:
1. Young couple - no kids, 2 dogs, he`s got a pretty good job (1.5 years there) as a millwright for automotive sector. Girlfriend doesn`t work (or at least didn`t let on that she did). He makes $60,000, and they both seem like good people. The only problem was that they didn`t seem super interested in the house. The only way I got them to fill in an application was by mentioning that they could also find a house through our Realtor that we could then set up as an RTO. This grabbed their interest and they then filled out the application. $5000 down payment available.
2. Older couple - decent, hardworking blue collar common law couple with 7 (yes SEVEN) children, ranging from 2 to 16 years of age. No pets (no room for them?) He`s worked 10 years in a cleaning company and makes about $60,000 a year. They LOVED the house. Pretty good gut feel when talking to them. Oh, did I mention they had SEVEN KIDS?!?! $5000 down payment available.
3. Older separated woman - she seems very nice, but going through a very recent and difficult time separating from her husband. She is taking her three teenage kids with her (2 boys 1 girl), as well as three cocker spaniels. She liked the place and had no problem with the monthly rent amounts. Why? She makes $90,000 as an administrator for a seniors care facility. She would have been the no-brainer candidate except for two concerns. 1 - she has only been at her current employer for 3 months. 2 - her sudden life change has left her with no down payment.
So, this is where we sit - wondering which people (if any) are genuine opportunities, worthy of further consideration.
Any and all thoughts would be greatly appreciated!
Well, we had our first showing of our Rent To Own property in Cambridge tonight. Things went pretty well: out of 8 appointments, 4 showed up and 3 filled out applications (not bad for a first showing, I suspect).
Nobody really shone above the rest, and everyone had various points (good and bad) that will weigh on our decision, so here`s how they break down:
1. Young couple - no kids, 2 dogs, he`s got a pretty good job (1.5 years there) as a millwright for automotive sector. Girlfriend doesn`t work (or at least didn`t let on that she did). He makes $60,000, and they both seem like good people. The only problem was that they didn`t seem super interested in the house. The only way I got them to fill in an application was by mentioning that they could also find a house through our Realtor that we could then set up as an RTO. This grabbed their interest and they then filled out the application. $5000 down payment available.
2. Older couple - decent, hardworking blue collar common law couple with 7 (yes SEVEN) children, ranging from 2 to 16 years of age. No pets (no room for them?) He`s worked 10 years in a cleaning company and makes about $60,000 a year. They LOVED the house. Pretty good gut feel when talking to them. Oh, did I mention they had SEVEN KIDS?!?! $5000 down payment available.
3. Older separated woman - she seems very nice, but going through a very recent and difficult time separating from her husband. She is taking her three teenage kids with her (2 boys 1 girl), as well as three cocker spaniels. She liked the place and had no problem with the monthly rent amounts. Why? She makes $90,000 as an administrator for a seniors care facility. She would have been the no-brainer candidate except for two concerns. 1 - she has only been at her current employer for 3 months. 2 - her sudden life change has left her with no down payment.
So, this is where we sit - wondering which people (if any) are genuine opportunities, worthy of further consideration.
Any and all thoughts would be greatly appreciated!