HELP! Landlord asking if we want to buy our rental as “short sale”

[Diego Mamani]

Do you think the landlord will stop making mortgage payments at some point?

[dharmagirl]

I don’t know. It’s possible that she is planning to stop making payments, which is why she emailed me to feel me out about a short sale.

All I know is that we were hoping to stay here until at least September (we even thought we might be able to extend the lease into early 2009).

But, if I have to go through the nightmare of moving again I may just buy a place.

Sigh.

I heard on NPR last week that there is pending legislation that will enable a renter to stay in a foreclosed property for 90 days (vs. the current 30 days). If that happened, we’d be OK.

I’m just worried that we’ll have to move in a month….

[dharmagirl]

I don’t know. It’s possible that she is planning to stop making payments, which is why she emailed me to feel me out about a short sale.

All I know is that we were hoping to stay here until at least September (we even thought we might be able to extend the lease into early 2009).

But, if I have to go through the nightmare of moving again I may just buy a place.

Sigh.

I heard on NPR last week that there is pending legislation that will enable a renter to stay in a foreclosed property for 90 days (vs. the current 30 days). If that happened, we’d be OK.

I’m just worried that we’ll have to move in a month….

[dharmagirl]

I don’t know. It’s possible that she is planning to stop making payments, which is why she emailed me to feel me out about a short sale.

All I know is that we were hoping to stay here until at least September (we even thought we might be able to extend the lease into early 2009).

But, if I have to go through the nightmare of moving again I may just buy a place.

Sigh.

I heard on NPR last week that there is pending legislation that will enable a renter to stay in a foreclosed property for 90 days (vs. the current 30 days). If that happened, we’d be OK.

I’m just worried that we’ll have to move in a month….

[dharmagirl]

I don’t know. It’s possible that she is planning to stop making payments, which is why she emailed me to feel me out about a short sale.

All I know is that we were hoping to stay here until at least September (we even thought we might be able to extend the lease into early 2009).

But, if I have to go through the nightmare of moving again I may just buy a place.

Sigh.

I heard on NPR last week that there is pending legislation that will enable a renter to stay in a foreclosed property for 90 days (vs. the current 30 days). If that happened, we’d be OK.

I’m just worried that we’ll have to move in a month….

[dharmagirl]

I don’t know. It’s possible that she is planning to stop making payments, which is why she emailed me to feel me out about a short sale.

All I know is that we were hoping to stay here until at least September (we even thought we might be able to extend the lease into early 2009).

But, if I have to go through the nightmare of moving again I may just buy a place.

Sigh.

I heard on NPR last week that there is pending legislation that will enable a renter to stay in a foreclosed property for 90 days (vs. the current 30 days). If that happened, we’d be OK.

I’m just worried that we’ll have to move in a month….

[Doofrat]

I wouldn’t worry about having to move in a month. Look at it from your landlord’s point of view. She wants you to stay there and pay her each month.
She’s probably pretty desperate at this point if she is asking you if you are interested because now she risks losing you as a renter. If she goes into foreclosure you’ll be able to stay there until it all gets sorted out and then a bank may want to keep you as a renter, or maybe not, but it’ll take months for everything to happen.
Is it the ideal situation, no, but if your main worry is staying for a few more months, I wouldn’t worry.

[Doofrat]

I wouldn’t worry about having to move in a month. Look at it from your landlord’s point of view. She wants you to stay there and pay her each month.
She’s probably pretty desperate at this point if she is asking you if you are interested because now she risks losing you as a renter. If she goes into foreclosure you’ll be able to stay there until it all gets sorted out and then a bank may want to keep you as a renter, or maybe not, but it’ll take months for everything to happen.
Is it the ideal situation, no, but if your main worry is staying for a few more months, I wouldn’t worry.

[Doofrat]

I wouldn’t worry about having to move in a month. Look at it from your landlord’s point of view. She wants you to stay there and pay her each month.
She’s probably pretty desperate at this point if she is asking you if you are interested because now she risks losing you as a renter. If she goes into foreclosure you’ll be able to stay there until it all gets sorted out and then a bank may want to keep you as a renter, or maybe not, but it’ll take months for everything to happen.
Is it the ideal situation, no, but if your main worry is staying for a few more months, I wouldn’t worry.

[Doofrat]

I wouldn’t worry about having to move in a month. Look at it from your landlord’s point of view. She wants you to stay there and pay her each month.
She’s probably pretty desperate at this point if she is asking you if you are interested because now she risks losing you as a renter. If she goes into foreclosure you’ll be able to stay there until it all gets sorted out and then a bank may want to keep you as a renter, or maybe not, but it’ll take months for everything to happen.
Is it the ideal situation, no, but if your main worry is staying for a few more months, I wouldn’t worry.

[Doofrat]

I wouldn’t worry about having to move in a month. Look at it from your landlord’s point of view. She wants you to stay there and pay her each month.
She’s probably pretty desperate at this point if she is asking you if you are interested because now she risks losing you as a renter. If she goes into foreclosure you’ll be able to stay there until it all gets sorted out and then a bank may want to keep you as a renter, or maybe not, but it’ll take months for everything to happen.
Is it the ideal situation, no, but if your main worry is staying for a few more months, I wouldn’t worry.

[Coronita]

Dear Landlord,

Thank you for your offer. Unfortunately, I have heard from Piggington that it is far more difficult to purchase a home that is a Short Sale than a home that is in Foreclosure, so I think I will just wait at this point.

Thank you,

Renter.

 

P.S. please let me know when you stop making loan payments so that I can stop paying you rent.

 

P.P.S. Feel free to remove all appliances and decorations that I designate as ugly and unfit for my tastes to resell on Craigslist. Please, though leave all plumbing, electricity, and drainage alone, and don't touch my personal stuff please. If you feel a need to urinate, please do so at the expense of your own place of residence.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Dear Landlord,

Thank you for your offer. Unfortunately, I have heard from Piggington that it is far more difficult to purchase a home that is a Short Sale than a home that is in Foreclosure, so I think I will just wait at this point.

Thank you,

Renter.

 

P.S. please let me know when you stop making loan payments so that I can stop paying you rent.

 

P.P.S. Feel free to remove all appliances and decorations that I designate as ugly and unfit for my tastes to resell on Craigslist. Please, though leave all plumbing, electricity, and drainage alone, and don't touch my personal stuff please. If you feel a need to urinate, please do so at the expense of your own place of residence.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Dear Landlord,

Thank you for your offer. Unfortunately, I have heard from Piggington that it is far more difficult to purchase a home that is a Short Sale than a home that is in Foreclosure, so I think I will just wait at this point.

Thank you,

Renter.

 

P.S. please let me know when you stop making loan payments so that I can stop paying you rent.

 

P.P.S. Feel free to remove all appliances and decorations that I designate as ugly and unfit for my tastes to resell on Craigslist. Please, though leave all plumbing, electricity, and drainage alone, and don't touch my personal stuff please. If you feel a need to urinate, please do so at the expense of your own place of residence.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Dear Landlord,

Thank you for your offer. Unfortunately, I have heard from Piggington that it is far more difficult to purchase a home that is a Short Sale than a home that is in Foreclosure, so I think I will just wait at this point.

Thank you,

Renter.

 

P.S. please let me know when you stop making loan payments so that I can stop paying you rent.

 

P.P.S. Feel free to remove all appliances and decorations that I designate as ugly and unfit for my tastes to resell on Craigslist. Please, though leave all plumbing, electricity, and drainage alone, and don't touch my personal stuff please. If you feel a need to urinate, please do so at the expense of your own place of residence.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Author]

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