 I broke my lease at my rental property and the following are the charges that I am on the line for: fair? |
Lease broken Aug 20
$1000 lease break fee--OK fair enough
$895 - rent for the month of Sept. If I am being charges for this, should I not still have access the the apartment ... |
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 My landlord has moved new renters in while I still have term left on my lease? |
| We bought a new house mid-August and promptly moved in. The house I was renting before, the lease terminates on September 30, 2008. I met with the landlord who said he would not give me my last ... |
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 Please tell me if this is a scam!!? |
| This is really bothering me now. I am selling a new house in Florida and it was listed on the internet. I got an email from a guy in the UK saying he wants to buy my house and wants me to follow his ... |
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 I rented a house 7 monhts ago and know my landlord has sold the property.? |
| I have found a new rental and do not want to lose it but my landlord is holding me to the rest of my lease in case the deal falls through. But I am ready to go now. The house is in better condition ... |
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 Social Security and low income housing help please? |
I am from the USA and I am currently on Social Security and so is my boyfriend we want to move to Chelmsford England
I don't know where to get info on stuff like applying for SSI and SSDI ... |
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 Can i really be made homeless? |
| i have split from my partner and she left are housing trust property with our son, she now wants me out asap and is threating me with police to get me thrown out, her name is on the tenancy but my ... |
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 How can I add my spouse to the deed on my house? |
| I bought my home before my wife and I were married. The problem is, her name is not on the deed or mortgage, and I would hate to think how the state of Texas would complicate things for her if ... |
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 After college i plan to move some place warm but i don't know where? |
| i wanna live in california or flordia but i don't want to deal with hurricanes and forest fires. any suggestions???? and it has to be warm 24/7 365... |
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 What is the requirement for $400k home loan? |
| What is the minimum requirement to get a loan for $400,000 or any loan. I want to make sure what exact criteria that need to qualify. How long you have to work in the same company or multiple company ... |
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 Is it OK to call and ask on the status of an apartment application? |
| My boyfriend and Iare trying to rent an apartment. I turned in the application & fee late Tuesday(9/19) afternoon and it is now Thursday(9/21) afternoon and I have not recieved a phone call yet ... |
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 Falling house prices - should we sell sell sell?!? |
| We keep hearing warnings of falling house prices, at first it was the odd comment now it seems pretty certain that house prices are finally going to crash in the UK next year, here in Wales they ... |
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 I think I was scammed into signing a bogus real estate contract - Help!? |
| Yesterday a guy showed up to look at my "For Sale By Owner" and instantly told me he was very interested and wanted to buy it. He put a real estate contract in front of me with a full ... |
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 Do I have to wait to refinance on a new home? |
| I financed with my builder and they out and out told me that they WOULD sell my mortgage, do I have to wait any amount of time to try to refinance? I've made two months worth of payments and ... |
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 How to check if house has insurance? |
| I have a leasehold on a flat in a block owned by landlord who has freehold. He will not give us the buildings insurance details to make a claim and I am beginning to suspect there is no insurance. A... |
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 Is 7.4% APR a fair rate for $80,000 home loan with no money down? |
| My credit score is 725 and I am a first time home buyer. I went to a local bank and was wondering if I could do better than 7.4%. Thanks.... |
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 My aunt charges me $300 rent since Aug. She says I have to start paying $700 in Nov. Can she do that? |
| She says since she took out a loan to fix the house up (duplex) her mortgage will be $2000 so I have to pay $700. Mind you, I have not paid rent since I moved back in in 2000. In June she informed me ... |
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 Should I move in a trailer or an apartment? |
| I have a really good deal on a trailer but an apartment would be less of a hasel. I am 19 years old and need to know if moving into an apartment would be a better start than living in a trailer for ... |
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 What would be a fair price to allow a neighbor to gain access to my power pole, is there anything to beware of |
| my neighbor wants to get power to his property but doesnt have a pole on it yet so he has to tie into one of my poles on my property through an easement and he said to give him a price to gain access ... |
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Tooting Jo H | We're buying a house and need to move very soon, could we rent the new place from the owner before we buy it? |
I'm having a baby due September 1st, and we're moving to a new town and I want my daughter to be at school for the start of the new school term too... Although we've had an offer accepted on a house, and the owner is moving to rented accomodation (so there's no chain), we're concerned that legal things are so slow that we might not be in the new property before September...
Does anyone know of any pros/cons in offering to rent the house we're buying from the owner until the house is legally owned by us? I haven't heard of this being done, but it would be great to be able to move and settle in to our new place before the baby arrives!
Any tips? |
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TAFF
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Is it possible to stay with freinds/relations for a short while |
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acermill
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That choice is up to the selles. As a real estate broker, I always recommend to sellers that they not rent the premises to the buyers in advance. Why ? Because when buyers get to settle into the premises, they immediately start to pick apart every little defect and then want the seller to fix everything before they agree to close.
However, if your sellers are in agreement with your wishes, it is certainly legal and can be done.
Good luck. |
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FörtyTwö
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It is known as a lease with option to buy, is done all the time.
tips: Be honest and upfront but get an attorney.
Wear sunscreen. |
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Jn
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Sign the contract. |
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henry
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Try to discuss with the lessor about your proposal and be included in the Lease Contract. |
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kumala
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why not if the seller agrees |
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Hoodoo
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Yes it is certainly legal but it is down to the vendor. |
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MT K
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Yes i sold a house in Cornwall to someone who was being given 6 months rental payment from the education authority while he looked for a house,he came to rent my house and liked it so much he wanted to buy it.He needed to move in straght away in conjunction with his new job but wanted to take advantage of the rental and then purchase after 6 months,so a 6 months shorthold tennancy agreement was drawn up and in the agreement was a legal contract of sale- of my house whereby he was legaly commited to buy at the end of the 6 months period---hope this helps ,you will need to exchange contracts when you move in and insure the property.The vendor should be delighted as he has a secure sale and the extra rental income |
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Ron Berue
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Ask the Agent or ask YOUR Agent to ask the Seller's Agent to ask the Seller about the possibility of you and the Seller signing a lease for the property.
If the Seller moved or is moving to a rental property, your rent to the Seller should help the Seller to defray some of the rent on the Seller's new residence.
As with most other situations, [I was told this many years ago] you should always keep these thoughts in mind: #1] The VERY WORST answer you'll get is "No". As I was told, "No" means not right now."
#2] People ARE NOT mind-readers. THE ONLY stupid question is the question a person DOESN'T ask.
It could work to be a win-win-win situation for everyone.
How? WIN #1) You get the property before closing/settlement/escrow;
WIN #2) the Seller gets rent for a property which could otherwise be vacant until closing/settlement/escrow;
WIN #3) the Agent and Agent's office gets a little more income for preparing the lease and managing the property.
This is our family slogan: "Every Good Wish to You & Yours!" From the bottom of my heart I wish this for you, your family and your friends.
VTY,
Ron B |
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Roz M
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I did the very same thing that you want to do. I spoke to the owner and we agreed a price, (all this was done without paperwork) I made it very clear to him that if the sale didn't complete, that I would move back to my old house. I also promised him that I wouldn't allow the people who were buying my house to have the keys before completion. It's very important that the solicitors aren't told of the arrangements, as they (for obvious reasons) are totally against the idea. When I went to collect the keys from the estate agents, they phoned to check with the owner as they said: 'this is most irregular'. It turned out that the sale on the house did complete at about 3.30 in the afternoon, I'd been living in the house for two weeks. |
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John
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As long as you and the owner can come to terms, there should be no problem renting until the sale goes through. Good Luck!!! |
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lindy~*~*whoops*~*~
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it is highly unlikely that the seller would agree. i couldnt even get in to put in a kitchen sink until completion. |
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retox
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It is possible to rent the property whilst you buy it - you will have to discuss this with the owner but if he is agreement that is fine. You will need to sign a tenancy agreement of course so you both have the usual rights. I arrange mortgages for a living and have just done a mortgage on this identical basis. In terms of ownership, you will not legally own the property until you have completed on the mortgage.
p.s you are not legally bound to buy the property just because you are renting it but I would suggest that you have your valuation done on the house before you rent - that's where a sale usually falls down - that way, if there are works to be done etc, you can negotiate costs etc before you are living there - that puts you in a stronger position and avoids any awkwardness. |
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