Another MVACTY Question...
I see these letters "MVACTY" in every MLS listing, but never see a number following it.
1) Why do the listings not provide a numerical figure?
2) Where can I go to find out what the vacancy rate is on a particular building?
Thanks,
-CF
Whenever writing an offer for multi family units we include a contingency request for copies of the leases, deposit receipts and the last filed schedule E for the buyers review. If the owner is paying any/all utilities we also request copies of those bills for the last year.
Serious sellers will usually be willing to provide these before a qualified buyer writes the offer. (with inappropriate info blacked out)
Jim[ Edited by jimandlacy on Date 02/24/2006 ]
I would also ask for tenant payment history...this will let you know if you may be inheriting some slow pay tenants.
You can use your own certified server.
That is terrible that you have to wait 30 days for a non-payment eviction. and then 4-6 weeks for a court date. In NY, UT, and WA it is three days for a non-payment eviction, then 4-10 days for a court date, My experiences have been that the marshall usually serves the papers within 48 hours.
Good luck.
You might also consider the power of the press. In a small town, telling your story to the local paper could get better results. You might also talk with the mayor or city counsel, depending on how receptive they are.
The challenge here is something many of us have. The best way to help get this resolved long term is to get involved with the local politicians. Unfortunately, if you live out of state it is virtually impossible.
Paying her may be an avenue. I did it once for a Section 8 tenant and it worked out to my advantage. I paid the deposit directly to the new landlord.