Protocol for T/B Applications…what is the law?? - Posted by Emmett-NC
Posted by Emmett-NC on March 24, 2000 at 20:17:06:
Hey all! ABout to move a T/B into my first L/O house. I have gotten a lot of calls about the home, since it is waterfront, and one guy met me at the house and gave me $25 for an app deposit. His credit is shaky, but he will qualify in a year, he is paying the rent I want now, and will pay $2500 O/C. I gave him a lil discount cause the house needs some cosmetic work.
Well I got another response from my Internet ad on Yahoo (Which work better than the normal paper…go figure!) And the lady saw the house, loves it, and I quote “I will wire $3000 to your bank account”. I have already told the first T/B applicant that he has the house. The lady sent me the E-mail after I did my screening of the first tenant. Is there a law that says he gets the house or is it an ethics thing? I am gonna let the first guy have it, but I was wondering for such a case in the future. Is it legal to reject the first applicant for one with more $$? Thanks in advance!