bearishgurl – how to get your coveted fleetridge home…

[an]

bearishgurl, if you’re concern about the rent part of the equation, which I would be too, you might also want to offer that person a different offer, where they can live in it for free, but the price you pay would be lowered by the amount of rent you would lost from them not having to pay you rent. That way, they get their lump sum, live in their house for another 5-10 years, and not have to worry about payment. You might be about to get away with a lower tax bases too. Would be a win-win combo.

[sdrealtor]

What if they die? How would you handle the advanced rent payments? It could get sticky estatewise.

[sdrealtor]

What if they die? How would you handle the advanced rent payments? It could get sticky estatewise.

[sdrealtor]

What if they die? How would you handle the advanced rent payments? It could get sticky estatewise.

[sdrealtor]

What if they die? How would you handle the advanced rent payments? It could get sticky estatewise.

[sdrealtor]

What if they die? How would you handle the advanced rent payments? It could get sticky estatewise.

[an]

Since I’m not a lawyer, I haven’t thought about all the possible scenarios. I’m sure you can write something in this contract to pay their heirs advanced rent payments of some sort.

[an]

Since I’m not a lawyer, I haven’t thought about all the possible scenarios. I’m sure you can write something in this contract to pay their heirs advanced rent payments of some sort.

[an]

Since I’m not a lawyer, I haven’t thought about all the possible scenarios. I’m sure you can write something in this contract to pay their heirs advanced rent payments of some sort.

[an]

Since I’m not a lawyer, I haven’t thought about all the possible scenarios. I’m sure you can write something in this contract to pay their heirs advanced rent payments of some sort.

[an]

Since I’m not a lawyer, I haven’t thought about all the possible scenarios. I’m sure you can write something in this contract to pay their heirs advanced rent payments of some sort.

[bearishgurl]

I am a RE licensee and own my own updated electronic legal forms package but in my line of work, I am in constant contact with very experienced attorneys who do probate work and handle civil land use matters. Of course, after we hammered out the price and terms, I would have the “Life Estate Rental Contract” drawn up professionally with the seller present in the office and in speakerphone conference call with his/her heirs, if necessary.

I don’t believe a sr. citizen tenant already paying “rent” would want to spend $$ for expensive water on a 10,000 – 12,000 sf lot, even if a sprinkler system was in place. This is not typical for a tenant of any age. I’m fairly certain I would need a gardener, would have to perform the work myself, or just let the landscape go to waste in the interim (occupancy) years. I would be okay with this, but I don’t know if the tenant would, if they are used to it being maintained.

Yes, AN, I thought about your suggestion, but carrying costs are an issue with me. Perhaps if the price can be hammered down LOW ENOUGH and I could increase my income somehow, then I could carry the property. A 4-10 yr. (contract) commitment is a long time. If I still didn’t have a minor child at home, I could live MUCH MORE CHEAPLY.

[bearishgurl]

I am a RE licensee and own my own updated electronic legal forms package but in my line of work, I am in constant contact with very experienced attorneys who do probate work and handle civil land use matters. Of course, after we hammered out the price and terms, I would have the “Life Estate Rental Contract” drawn up professionally with the seller present in the office and in speakerphone conference call with his/her heirs, if necessary.

I don’t believe a sr. citizen tenant already paying “rent” would want to spend $$ for expensive water on a 10,000 – 12,000 sf lot, even if a sprinkler system was in place. This is not typical for a tenant of any age. I’m fairly certain I would need a gardener, would have to perform the work myself, or just let the landscape go to waste in the interim (occupancy) years. I would be okay with this, but I don’t know if the tenant would, if they are used to it being maintained.

Yes, AN, I thought about your suggestion, but carrying costs are an issue with me. Perhaps if the price can be hammered down LOW ENOUGH and I could increase my income somehow, then I could carry the property. A 4-10 yr. (contract) commitment is a long time. If I still didn’t have a minor child at home, I could live MUCH MORE CHEAPLY.

[bearishgurl]

I am a RE licensee and own my own updated electronic legal forms package but in my line of work, I am in constant contact with very experienced attorneys who do probate work and handle civil land use matters. Of course, after we hammered out the price and terms, I would have the “Life Estate Rental Contract” drawn up professionally with the seller present in the office and in speakerphone conference call with his/her heirs, if necessary.

I don’t believe a sr. citizen tenant already paying “rent” would want to spend $$ for expensive water on a 10,000 – 12,000 sf lot, even if a sprinkler system was in place. This is not typical for a tenant of any age. I’m fairly certain I would need a gardener, would have to perform the work myself, or just let the landscape go to waste in the interim (occupancy) years. I would be okay with this, but I don’t know if the tenant would, if they are used to it being maintained.

Yes, AN, I thought about your suggestion, but carrying costs are an issue with me. Perhaps if the price can be hammered down LOW ENOUGH and I could increase my income somehow, then I could carry the property. A 4-10 yr. (contract) commitment is a long time. If I still didn’t have a minor child at home, I could live MUCH MORE CHEAPLY.

[bearishgurl]

I am a RE licensee and own my own updated electronic legal forms package but in my line of work, I am in constant contact with very experienced attorneys who do probate work and handle civil land use matters. Of course, after we hammered out the price and terms, I would have the “Life Estate Rental Contract” drawn up professionally with the seller present in the office and in speakerphone conference call with his/her heirs, if necessary.

I don’t believe a sr. citizen tenant already paying “rent” would want to spend $$ for expensive water on a 10,000 – 12,000 sf lot, even if a sprinkler system was in place. This is not typical for a tenant of any age. I’m fairly certain I would need a gardener, would have to perform the work myself, or just let the landscape go to waste in the interim (occupancy) years. I would be okay with this, but I don’t know if the tenant would, if they are used to it being maintained.

Yes, AN, I thought about your suggestion, but carrying costs are an issue with me. Perhaps if the price can be hammered down LOW ENOUGH and I could increase my income somehow, then I could carry the property. A 4-10 yr. (contract) commitment is a long time. If I still didn’t have a minor child at home, I could live MUCH MORE CHEAPLY.

[Author]

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