Cash Only for Sec Deposit?
So, I was reading an ad for an apt. for rent in the center of park slope. Seemed like something I might be interested in, and there is an upcoming open house.
Then I read this:
“If you’re looking seriously and ready to commit, come equipped with proof of salary and employment, a copy of our credit check, and either enough cash or the ability to quickly get enough cash for a binder To rent you will need one month’s rent and one month’s security in cash.”
Now, the first part of that is rather pushy, especially in this market, but it’s tolerable.
But asking for 1 month rent and security deposit in cash seems loony to me.
What is the point of this?
What kind of legitimate landlord can’t wait 3 business days for a check to clear?
And who, in this day and age, would rather do business with thousands of dollars in cash changing hands.
Oh, and it is at an advertised open house. Kinda like saying “OK, so, there are going to be a bunch of people walking around with thousands of dollars in their pocket at this time at this place. Muggers welcome.”
Bizarre. I don’t think I’ll be going to the open house…
