Subject: The Haunted House and Your Tenant

WILMOTH Updates
A quick update for residential investors and owners from WILMOTH Group.  Providing creative solutions, strategy, services and support in the residential investment community. 
October Notes

Imagine having your tenant tell you they want our of their lease because your house is haunted.  Its October so a perfect time to remember this story from not so many years past. 

How Do You Know A House Is Haunted?

A tenant called in our office very upset.  She wanted to break her lease. She and her family could no longer live in their home. 

The family was finding open cabinets, doors, the dishwasher.   All kinds of things that were left closed.  Not just once.  Daily!  In the morning, when they came home in the evening, weekends.  At first I must admit I wondered if they might be embellishing.   She proceeded to describe how the garage door opener would not work sometimes, or would work on its own.  Televisions were turned on when nobody was around.  

Then the story got really strange. 

The tenant's daughter woke up screaming that somebody was in her room. Loud banging noises coming from the basement at the same time.   When she looked in the mirror she saw somebody else (OK..now I am having fun with the story).  

The neighbor offers up more kindling for the fire.  They tell the tenant that before our client purchased the home, there had been a couple in the home.  She disappeared and one day he was found in the home having ended his life.  She had never been found.  

A little research appeared to verify the possibility the home had a history.   The event was almost 20 years and two owners prior.   No disclosure was required of this history when the owner purchased the home.  Now the question..did the tenant already want to break the lease and conveniently found out about the home's history to use as the cause of the lease being broken? 

A haunted house argument for ending her lease!  One of our staff suggested we ask the owner to pay for an exorcist.  I decided that idea was a non-starter. 

The WILMOTH "Early-Break" Solution

We did propose our normal "early-break" offer.  We will market the home for lease.  The tenant must continue to pay rent, utilities, and maintenance as required.  Tenant must cooperate with showings if they are going to stay in the home.  When a new tenant is found, the existing tenant must pay all fees so there is no cost to owner.   

She took us up on the offer and moved out.  With the owner's approval, we decided that this "haunting" was not something we needed to share with other applicants.   We had no way to know if the events were real or not. Fortunately, it has not come up again.  

Except in October when a strange blue light is seen from the attic windows on many dark and stormy nights...

   Thanks for Reading!

   Joel Wilmoth
   WILMOTH Group


Little Orphant Annie 
by James Whitcomb Riley

An' little Orphant Annie says, when the blaze is blue,
An' the lamp-wick sputters, an' the wind goes woo-oo!
An' you hear the crickets quit, an' the moon is gray,
An' the lightnin'-bugs in dew is all squenched away,--
You better mind yer parunts, an' yer teachurs fond an' dear,
An' churish them 'at loves you, an' dry the orphant's tear,
An' he'p the pore an' needy ones 'at clusters all about,
Er the Gobble-uns 'll git you
Ef you
Don't
Watch
Out!
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WILMOTH Group
Residential Real Estate
Investment Brokerage | Management | Property Services
Joel Wilmoth, 5237 Summerlin Commons Blvd., Fort Myers, Florida 33907, United States
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