Morning Moms. I was just wondering if anyone has been in this situation or knows anything about this.
This morning around 7:45am while getting all the kiddos in the car, I noticed a car slowly drive by my house, but back up at the same time a house down from us. I've never seen this person or car before on our block, so I looked at the driver. As I was putting the kids into the car, he drove up a little in front of the house and asked if I was Mrs. so and so..and I replied, no. He asked if I was the owner, I said, no. He asked if I was the renter, I replied yes. He said he was from the bank housing inspector and comes to see the house about 2 to 3x a month just to look at it ( guess from the outside). He verified that the address was..1234..I guess he couldn't see it. As I was driving to my daughter's school...I didn't think much of it..then I asked myself..why he comes 2 to 3x a month to check on the house? Anyone know if I should be aware or if this was legit or not?
Too bad you didn't get the license plate number.
Why would anyone shcek on a house 2-3 times a month? This guy is lying. I agree with Christy Lee - he is either looking to rob you or he is doing some foreclosuer research.
I'd call the landlord ASAP and let them know about this guy - and ask them straight out if all is ok with their mortgage.
I'd do two things: Contact your landlord. Ask them if anything is going on with the bank that you should be aware of.
Second, call the local police department. Tell them what happened. Find out if they've heard of anything similar. It might be that he was casing the neighborhood to rob it. Looking to see who is home during the day, etc.
It depends on what the owners have going on with their mortgage and if they are trying to refinance or possibly even foreclosure. That happened to us when our landlords started foreclosure proceedings.
I would talk to your landlord and let them know and ask them about what could possibly be going on.
Banks do random inspections, but I have never heard of them inspecting 2-3 times per month. That would not be cost effective at all. Call the landlord so he can call the bank and let them know that someone is posing as an inspector for their company. Keep your doors locked!
I'd call your landlord and the police to verify. There's no reason a bank inspector should be looking at a house once a year much less three times per month.
Ya know with as many homes that are being rented it wouldn't surprise me if the banks do drive bys just to make sure you aren't trashing their collateral.
You can learn a lot about a person just driving by every so often.
This sounds strange to me. If the owner of the property wanted to extend their mortgage then the bank would have someone check on the house to confirm it's value, but two or three times a month seems weird!
We had one come one time, but were told ahead of time by our landlord so there weren't any surprises. They let us know they would just want to walk around the perimeter of the house and that's all. I guess not all landlords think ahead to let their tenants know what to expect. I would definitely contact your landlord to be sure this was legit. I think 2-3 times a month is excessive and it does make me suspicious. I'd ask the bank too, if this is something they do this often. If it's not, then call the police.
There are banks doing more inspections on loans in default to see if they are lived in or not. I would check with your landlord to be sure. If 5hey are going in default a notice would have been sent. If it is legite, now the bank knows its a rental property and they can take appropriate action with notifications. You can check your local paper fo notices, some online versions will let you do a search. You can also goto express.realquest.com and do a searh of your house to see if there is a pre-foreclosure or auction status. If there s, chances are its legit and the bankhired a company too keep an eye on yours and oher properties. They will check to see when te house is vacated. Goo luck. Either way if they are oosing the house you are supposed to get 90 days notice to vacate once the bank takes back the property. They will negotiate cash for keys too so you'll be able to find a new place without having to figure out how to come up with the money. :-) good luck.
It is legit, and the reason he is probably checking on the house, is because the house is on its way to being in foreclosure. They go by the house to make sure it's being lived in and not destroyed, as there's some legal thing about how the house can't be vacated. I'm not sure of the exacts on that, but I do know that the guy is probably checking the house for that reason.
I would not have believed him. I would take his license and notify the owner.
He might be checking to see who leaves for work in the morning to rob you. I also would have asked what bank and if he had a business card.
We had inspectors who came by during the time we were negotiating a mortgage adjustment plan. They didn't just drive by and look at the place however. They actually came to the door and checked to be sure we were still living here. I think it has to do with the fact that some people will simply quit making payments and move out, leaving the bank holding the mortgage.
I agree that you should mention this to your landlord. If they are doing a re-finance or loan modification process, it might be good for you to be aware of it just in case it should happen to affect your rental agreement with the landlord.
Seems very odd. It wouldn't be unusual for the bank to send an inspector, by once, but then the guy would have handed you a business card. When he asked are you Mrs. soandso, is that the name of the owners? It could be legit, but most likely it's not.
I would notify your landlord. I would notify the police. I would notify your neighbors.
When we missed a couple of mortgage payments once, a sketchy guy came buy my place and asked me the same questions. He then handed me a torn corner of a piece of paper with one line typed on it that something to the effect of: the bank wants to foreclose on your property. When I called the bank about it (we had already sent in our payments by then), they said that they send people out to make sure the house is being lived in and is in reasonable condition. I don't know what the guys who check out the houses are so creepy, but that seems to be the trend. I wouldn't be surprised if your landlord is financing or is having trouble making payments. I would check into it.
Well, I would ask your landlord about it.
This has happened to me and it scared me, but what was explained to me was that it was actually the bank and the insurance company taking pictures to document the value of the home and make sure they had the correct amount of coverage on it.
Being in the insurance industry myself, it made perfect sense to me since many property owners seek quotes or to have their insurance carriers changed and the prospective carriers need documentation of the value.
For instance, a person could try to take out a million dollar policy on a property that isn't worth $45,000. The insurance company is not going to accept that "risk".
By the same token, if someone is trying to refinance their home, the bank will want to document the face value of the property.
I had a trippy ex husband who followed me around and drove past my place of employment, so when I saw some guy across the street taking pictures, my blood pressure went up. I was usually at work and I thought it strange someone would be taking pictures of my house (or me) when I was home.
My landlord told me that it was all legit and that next time they would let me know someone was coming out.
Ask your landlord and go from there.
