Quote:
Originally Posted by macojoe
all you guys are great!! i wish i had known this was going to happen, i would have stayed there all this time and i would not be this bad off!! but i did not want no place to live so i bought this place, now i am the poorest guy i know with 2 houses! if i had power and stuff at the house i would rent it, but its all shut down. o well live goes on
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Joe, I own 3 houses. I live in one, and rent out the other two. All utilities in the 2 rentals are paid for by the renters. It's understood to be the norm, and is spelled out in the lease. My point being that lack of utilities should not prevent you from renting the house, if you can legally do so.
If the bank has foreclosed on the property, then they are the legal owners of the house, and the only ones that can legally rent it out. Just because a house is not occupied does not mean the bank doesn't want it. Understand, because of the present economic situation in this Country, a lot of banks are just sitting on houses they own right now and are not trying to rent or sell them. They are waiting on the economy to improve so they can get a better return on their investment.
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1987 V20 w/1987 150HP Yamaha on a Shoreland'r Trailer
1978 16.5 Airslot w/1996 120HP Force on a Four Winns trailer
1996 V21 w/1993 200HP Mercury on a Shoreline Trailer
All towed by a 5.7L Hemi Durango.
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(Leave the rest to God)
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