whoopity do
Today, my landlord made his second visit with an "assessor" to review the property as part of "renegotiating the mortgage." He ended up admitting to my roommate that, gee, that assessor? Really a Realtor.
They're weighing their options, my landlord and his wife. I don't blame them - our building is rent-controlled and the rental income doesn't come close to covering the mortgage now that his ARM has reset. I can't think of why anyone in their right mind would buy this place as an investment property, but with a hospital going in right next door starting next summer, I can't think of why anyone would want to buy this place to live in, either.
*sigh*
They're weighing their options, my landlord and his wife. I don't blame them - our building is rent-controlled and the rental income doesn't come close to covering the mortgage now that his ARM has reset. I can't think of why anyone in their right mind would buy this place as an investment property, but with a hospital going in right next door starting next summer, I can't think of why anyone would want to buy this place to live in, either.
*sigh*