I used them twice for OBX Summer rentals and everything worked out fine. Once, I sent a check for a house and after the owner hadn't cashed the check for a couple of weeks, I called to make sure everything was fine. I couldn't get in touch with the owner for a few days and started worrying. Eventually, the owner called me and told me they were refunding my downpayment as they recently accepted an offer on the house, which had been for sale.
There are MANY homes in the OBX for sale. I was told by a NC realtor that even if a property sells, the new owners are obligated to honor any contracts for dates up to 6 months after settlement. So, I would ask the owner if their house is for sale, or check any real estate site and see if the property is listed.
Some people worry about renting a house that subsequently goes into foreclosure. I don't know what happens in that case but it seems like a very valid concern in these times.
There are MANY homes in the OBX for sale. I was told by a NC realtor that even if a property sells, the new owners are obligated to honor any contracts for dates up to 6 months after settlement. So, I would ask the owner if their house is for sale, or check any real estate site and see if the property is listed.
Some people worry about renting a house that subsequently goes into foreclosure. I don't know what happens in that case but it seems like a very valid concern in these times.