 How can i rent an apartment without having a source of income? |
I am a college student, and I was thinking that renting an apartment would be cheaper, than staying in a dorm.
I've reviewed my finances and I have enough for 3 months rent up front.<... |
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 Undisclosed mold? |
| I live in Ohio. I bought an appartment building about a year ago, aparently the previous owner had a tennant evition. The tennant retailiated by plugging all of the drains and turning on the water ... |
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 Should I sell my house asap???? |
| The value of my house went from 360k to 280k in less than a year. I'm 70k short of losing all the equity. I'm afraid, by next year I will probably lose the down payment I put when I first ... |
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 How can I legally terminate a lease? |
I really don't have any problems at my current apartment, but I would like to move from off-campus housing onto on-campus housing at my university.
Serious answers only, and please ... |
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 Is the process of eviction still the same if there is only a verbal agreement? |
| I need to know if the eviction process is still the same if there is no written agreement instead only a verbal agreement and the tenant refuses to move out. If not what should be done about getting ... |
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 Can someone help me understand a interest only mortgage loan? I think im getting screwed over!? |
| so, we build our house last year, my husband is in construction and his dad is a contractor. I just recently found out his dad took out a second mortgage on his house to be able to build our house. T... |
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 Is buying a foreclosed property a bad idea? |
Assume that:
1. You can inspect the property
-or-
2. You cannot inspect the ... |
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 We made an offer on a home but is it too low? |
| We recently got a offer on our current house and we placed a offer on another how we wanted. The house is 2200 sq feet 4 bd/3 bath for 169000. . The seller has been trying to sell is since Jan 08. So ... |
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 Can my landlord sell the house I'm renting? |
| I'm 6 months into a year lease on a house in Florida. Ever since we signed the lease, our landlord has given us a hard time about every little thing. She now wants to put the house on the market.... |
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 Do you have to use the mortgage insurance the lender provides? |
They want to charge $450/month on top of the house payment.
Additional Details
We're borrowing $155,000 and they want to tack $458 to the monthly payment, making the payment $1778/... |
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 Help! I have a rent control apt. in Hollywood for $580 a month. My landlady harasses me because she wants me? |
| to move so she can raise the rent. She has already run off almost everyone who was here when I moved in 4 yrs ago. I always win so far cuz I don't do anything wrong. I have to decide by ... |
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| Should I sell or rent my townhome? |
| I have just recently married. Both my husband and I have townhomes. His is larger than mine so I will be moving in with him. We are currently trying to decide if I should rent or sell my townhome. ... |
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 What do I need when I move out? |
| Im moving out of my parent house and with two roomates (i.e. my b/f and his best mate) and Im drawing up a list of the things that we may need when we move out, but my mind has gone totally blank...... |
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 My husband and i put or house up for sell but its not selling? |
does anyone know what and how you go about the bank buying it back
Additional Details
does this ruin your ... |
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 We are going to buy a house soon and want out of our apartment lease. 2 months left.? |
| We moved in our apartment mid-March. We like it but hate it. I've been looking for houses for almost a year now, just so we would have something after we move out. Well, we found this AMAZING ... |
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 Interest only Loans Good Idea or no? |
| I have an 80/20 ARM that will adjust in July of 08. I am currently looking at refinancing my loan. I bought my home in a small town that is growing fast and building way bigger homes. I have owned ... |
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 Is this illegal for landlords to do or perfectly ok? |
| So I've been hunting for a somewhere (non apartment) to rent since March and so far have been unsuccessful for various reasons. Yesterday was a first for me though. So a 3 bedroom house was for ... |
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misst | How Do I get out of an apartment Lease? |
I signed for a lease last night and I went back in the area today and seen it was a really bad neighbor hood. Since I have not moved in yet, and not even gotten the keys, can I get my deposit back, and the lease be canceled? Please help, I have a 3 month old son that I do not want living in this neighbor hood.
Additional Details
The apartment won't even e ready for a week or two. So I don't get the keys until then. Can i get out of it now? |
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schwildcat1977
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NO - Once you sign the lease you are bound by its terms and conditions. besides- even if you had already moved in, a bad neighborhood is NOT grounds for breaking a lease because the bad area is NOT the landlord's fault. You will lose your deposits and or be required to pay the lease buyout fees.
Take it as a lesson learned - do your research on any place you intent to move BEFORE you sign anything or pay any money. |
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melfred_20
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In many cases if you did sign the lease he can make you pay rent until its filled or for a reasonable time like 3 months to fill it. It all depends on the way they work and what the contract said. |
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Robob
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You didn't realize that about the neighborhood before signing the lease? A lease is a contract. Once you sign it your obligated to full fill it. Unless they will be considerate and just tare it up if your lucky. |
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Judy1
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If you signed the lease, you might be stuck with it even if you haven't moved in. Talk to the landlord and see what you can negotiate.
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One Sailors Lady
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This is a lousy situation, but you need to know that you put yourself into it by not doing your due diligence.
You SHOULD NOT LIE, as was brought up above. Having to "move out of state" does not let you out of a lease.
If you want out of the lease, you have two options. One: (and this will ONLY work if the apartment complex is REALLY nice- they don't HAVE to be!!) Because the apartment is not going to be ready for move in for another 3 weeks, they still have time to fill the vacancy. They MAY POSSIBLY allow you to tear up the lease IF THEY HAVE HAD A LOT OF PEOPLE TRYING TO GET INTO THAT SPACE, and they KNOW FOR SURE that they will be able to fill it. You see, a landlord makes money when his units are full, not when they are empty, and you just signed a legal agreement to fill his unit. You are now POSITIVE cashflow. If he has that unit empty longer than he expects, he LOSES money. If he KNOWS that he can fill the unit, he MAY let you out. If they are worried about filling it, they aren't going to let you out. In that case
Option Two: READ THE LEASE. If you had read the lease last night when you signed it, you wouldn't be asking this question now, because you would have read the answer. ALL leases have exit clauses in them, both for the landlord AND the tenant. The exits for the tenant are NOT plesant. Again, because the landlord is COUNTING on your positive cashflow, MOST OF THE TIME, you are required to contine to pay rent on the place until the apartment is filled. You don't have to live there, but you do have to pay rent. This is LOVELY for the landlord, because an empty apartment means no one will do any damage to the place- so it won't cost him any money to fix it up- and you are still paying as if you lived there. He really has no motivation to fill the vacancy. SOME leases allow you to locate a tenant for the apartment, and SOME allow you to "sub-let". Sub-letting is a TERRIBLE idea in general, and should be avoided, because YOU can be found liable if the person you sub-let to stops paying.
Your answer is in your lease. You should read it, it's terribly fascinating. It sounds like you are desperate for a place to live, but desperation should not ever cause you to make rash choices. Remember, that the law doesn't know how long you have taken to make a decision, and it is the law's assumption that you've done all your homework BEFORE you sign ANY legal doccuments. That's why the exit clauses are all laid out there for you, so you can make an informed choice. |
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Trouble
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The landlord does not have to let you out of the lease without it costing you $$$.
You have two choices in this situation:
1. Negotiate a lease buyout with the landlord. Start by offering the amount equal to 2 months rent. The landlord may require another month. If you come to an agreement, get it in writing. This way your liabilities end with the lump sum payment. Your rental and credit histories will not be affected.
3. Fail to move in. The landlord can hold you liable for the rent until either the lease expires or a replacement tenant is found. The landlord can hold you liable for any costs he incurs due to your breach, such as advertising costs, agent fees, etc.
If you do not pay the amounts above, the landlord can sue you. The judgment will include not only the costs mentioned, but court costs and accrued interest until the judgment is paid.
Your rental and credit histories will be ruined. The judgment can be renewed for up to 20 years and the landlord can garnish wages or bank accounts, place liens on (future) personal property, etc.
Future landlords will deny renting to you due to the unpaid judgment. Many employers check credit, so you can be scrutinized for having the open judgment against you. Insurance companies and other creditors pull credit and adjust your rates dependant on your credit, so you will be paying higher rates for many years.
You cannot sublet unless the landlord gives you permission to do so.
Subletting can be a bad idea, because you are essentially the subtenants landlord and remain liable to your landlord for the entire lease term. If your subtenant fails to pay rent, damage the place or default in some other way, you are responsible to evict them. You are still responsible to pay your landlord any rent or damages owed. You then have to sue your subtenant to collect from them. |
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sci55
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You have a few options, but none are foolproof. And all have risks...
You can talk seriously and honestly with your new landlord and explain that you've had a change of heart because you fear for your safety.
You can lie and say there's been a family emergency (or similar) and you need to move out of state.
You can examine the lease closely for a 'break lease' statement and see if you can find another tenant to take your place.
Good luck. These situations are a pain. |
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Puzzled
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The best approach is to explain the situation to the landlord and try to make a deal. If he doesn't agree, you may have to take legal actions, but it may cost more than what you can recover. Worst case, you will lose the deposit. I don't think he can hold you liable for the whole annual payments, even though he may threaten you with that.
Next time, buyer beware./
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princess1okind
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they don't have there number on the web site i see he said contact him but no number |
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