LdiJ
Senior Member
Yes, but you are not talking about a joint letter, and I was. You are talking about a satisfied seller who advises their tenant that there is new ownership.EVERY rental property transfer I've been involved with included a letter from the prior owner advising that a new owner had purchased the property and giving the contact information for the new owner. I think you're "rarely" is not accurate. Why do you always make such broad statements? (See what I did there?)
Always? No. Frequently? I wouldn't have enough information. Sometimes? Sure. Rarely? I wouldn't have enough information. Never? No.
Lets give a classic example of an unhappy "seller"...someone who has lost the property to foreclosure and tries their dangest to keep collecting rent even thought they no longer own the property.
Obviously there is some kind of bad blood between 75% owner and 2% owner in this case. So, what odds do you think that there are that a joint letter will be issued?