I currently rent a house that I love and the rent is very reasonable. Idk who the owner is because I rent from a management company but they say they just manage the property, not own it. I do know the owner owns the 4 houses in a row on our street and rents them out.
Well we were informed that the owner needed an appraiser to come out to the house. They told us the owner is not selling, only refinancing, but I find that hard to believe given the current interest rates. (But tbh idk much about real estate).
The appraisers came but I didn’t ask and they didn’t tell me whether or not the owner is looking to sell. They just took some pictures of the outside, came inside and took pictures and measured and asked how much we pay in rent and then went on to do the same in the next house.
Should I trust what they say that he is just refinancing or could he really be looking to sell?
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/11wm5nt/why_would_my_landlord_be_refinancing_right_now/
Comments
Post a Comment