Vacant rental property

[Andee]

Has anyone ever had a lender come back and ask you to change the report to "Tenant" occupied when it was clearly "Vacant". The property had no furniture in it and no personal items left by the tenant. The prior tenant is military and was deployed, therefore that breaks the lease, according to the Servicemembers Civil Relief Act (owner told me this and I told the client). This is the 2nd request for the change and I won't do it because it's wrong. Any suggestions?

 

[J Grant]

Has anyone ever had a lender come back and ask you to change the report to "Tenant" occupied when it was clearly "Vacant". The property had no furniture in it and no personal items left by the tenant. The prior tenant is military and was deployed, therefore that breaks the lease, according to the Servicemembers Civil Relief Act (owner told me this and I told the client). This is the 2nd request for the change and I won't do it because it's wrong. Any suggestions?

Just tell the client that respectfully, you can not report it as tenant-occupied because that would be misleading.

 

[DTB]

Property is vacant.

See photos in report which indicate no furniture nor personal belongings were present at the time of appraisal.

 

[jay trotta]

Has anyone ever had a lender come back and ask you to change the report to "Tenant" occupied when it was clearly "Vacant". The property had no furniture in it and no personal items left by the tenant. The prior tenant is military and was deployed, therefore that breaks the lease, according to the Servicemembers Civil Relief Act (owner told me this and I told the client). This is the 2nd request for the change and I won't do it because it's wrong. Any suggestions?

Interior photos are clear, descriptive and factual as of date of appraisal.
Done.

As JG noted, it would be misleading

 

[Surf Cat]

What a coinkydink.... we just went over this. Here's the other thread.

J

Thread 'Vacant or Tenant-occupied?'

Jul 29, 2026

I completed a refinance for a single family home. It was fairly straight forward and I was accompanied by the owner during it. It was just remodeled and he told me a tenant would be moving in shortly, however it was vacant (no personal belongings, empty closets, etc) when I inspected it. I marked the occupancy box as vacant. I then received a very angry three way phone call from the owner calling me a liar and other names due to me marking the box as vacant, and the lender is now asking I market the box as tenant occupied while also providing a signed lease showing it was leased as of the...

• juck224
• Replies: 20
• Forum: Fannie Mae, Freddie Mac, USPAP

 

[Andee]

What a coinkydink.... we just went over this. Here's the other thread.

I searched for another thread before I posted this but I must have used different wording because it didn't come up. His is slightly different from mine but at the end of the day, still a vacant property.

Mine was vacant, broken lease due to military deployment, with a sign in the yard. No valid lease.

I already told them once that I will not change the occupancy. They sent it back again asking to change the occupancy thinking I might change my mind. I sent another message back stating "The property was not occupied by a tenant when I did the inspection, I'm not sure why they are requesting this again.".

I even mentioned the first time they requested this that I wouldn't change it and said "What exactly are they looking for? The property is vacant...did they look at the pictures? - NO FURNITURE. The owner even advised that his tenant is in the military and was deployed.". They cancelled the request for this revision...now it's back.

 

[Tom D]

Better ltv % when tenant occupied, verses vacant. AI some furniture in it with an avatar sitting on the couch. If there is a signed lease, then you could state lease date, but tenant has not moved in yet.
Deployment, certainly vacant. Usually the lender goes with what the photos show.

Not occupied by tenant is too vague in 'this' case. "Not occupied by tenant who is in the military, now deployed to iran. Federal law states that lease is now voided. Are you now requesting that i state it is not voided." Make the lender look like they are doing funny business with their request.