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Old 11-09-2011, 05:15 PM   #1
Clodfobble
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Join Date: Mar 2004
Location: Austin, TX
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That's strange, they must be desperate for the money. Usually an owner would be thrilled with a steady renter who wasn't tearing the place up, they would just jack the rent up if they weren't making ends meet.
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Old 11-09-2011, 05:24 PM   #2
SamIam
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I always want to be somewhere else, but I hate moving so much that I've remained here (so far). My dream is to just throw some clothes in the truck and a few of my favorite books - along with the cats, of course - and just drive off in the middle of the night, never to return.

Good luck, Stormie. Your current situation sucks. Oh, and happy holidays. The people who own the house are jerks!
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Old 11-09-2011, 05:33 PM   #3
Lamplighter
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Location: Bottom lands of the Missoula floods
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Lots of really unscrupulous things happen with rental properties.
The landlord may be collecting rent, but not making mortage payments.
The landlord may not be disclosing to prospective tenants the property status.

If looky-lu's are a problem, the lease should identify the tenants rights.
a few such could be:
minimum of 24 hour notice to tenant
tenant's right to refuse entry ("Oh, it's not convenient right now")
tenant's right to set date/time of inspection

After end of lease period:
tenant may be able to renegotiate lease
tenant gets new 30-day rental agreement, or
tenant must get 30-day notice to vacate

last resort: tenant purchase of the property
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Old 11-09-2011, 05:58 PM   #4
Spexxvet
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Stormie, can you buy the house?
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Old 11-09-2011, 06:14 PM   #5
Stormieweather
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Location: Floriduh
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@Aliantha - they're not going to make any money on the sale. A short sale means the owner has a hardship and cannot keep up with his mortgage, so the mortgage holder has agreed to a sale for less than the mortgage. The owner gets to walk away without ruining his credit but he doesn't keep a dime.

@Spexxvet and Lamp - I don't want to buy the house. I have no ues for a 4 bedroom house after my oldest daughter moves out, which will probably be in the next couple of years. My financial plan calls for the purchase of a 2 bedroom condo/townhouse with a 15yr mortgage at a certain dollar amount, which is supposed to be paid off when I retire.

I don't blame the owner. He expressed that he really, really didn't want this. It happens all too often in this economy, I had just hoped this wouldn't happen to MY landlord.

We have 30 days notice requirements (both ways), once the lease expires the end of the month and hopefully, I can find another nice house. But it will still cost me a couple grand to get moved, unfortunately. And a lot of sweat!! A lot of people suggest I stop paying rent or not pay the last month's rent, but I won't do that. I always fulfill my legal obligations.
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Old 11-09-2011, 06:21 PM   #6
Lamplighter
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Good on you Stormie... if I had a place, I'd rent to you !
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