Wednesday, April 30, 2014

How to tell if a property is a rental

From a thread here:

  1. The most accurate is to physically go to the place and politely ask the residents - making clear that you are considering buying and are trying to determine how many units are rentals.
  2. Online, if you go to the assessor's database if the owner's mailing address is different from the house address it's most certainly not a primary residence. This may mean it's rented out.
  3. Online, if you can see the property tax amount, many towns in Mass. have a residential exemption which applies to primary residences only. If the tax seems lower, then this is a primary residence.

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