- This topic has 265 replies, 23 voices, and was last updated 13 years, 6 months ago by CA renter.
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August 29, 2008 at 5:51 AM #263248August 29, 2008 at 7:14 AM #262950jrsygirl9Participant
I forgot to mention we have four young children and I don’t want to have them move again. Stability is more important. I contacted his bank and they are willing to work with me directly and sell the home to me directly at fair market value. what do I dow ith this “rent skimming” landord in the mean time?
P.S. There is an addendum to my lease that states he can not put the house on themarket for sale while we occupy the property. it also states that he must offer me the home first at fair market value if he elects to sell it.
August 29, 2008 at 7:14 AM #263158jrsygirl9ParticipantI forgot to mention we have four young children and I don’t want to have them move again. Stability is more important. I contacted his bank and they are willing to work with me directly and sell the home to me directly at fair market value. what do I dow ith this “rent skimming” landord in the mean time?
P.S. There is an addendum to my lease that states he can not put the house on themarket for sale while we occupy the property. it also states that he must offer me the home first at fair market value if he elects to sell it.
August 29, 2008 at 7:14 AM #263163jrsygirl9ParticipantI forgot to mention we have four young children and I don’t want to have them move again. Stability is more important. I contacted his bank and they are willing to work with me directly and sell the home to me directly at fair market value. what do I dow ith this “rent skimming” landord in the mean time?
P.S. There is an addendum to my lease that states he can not put the house on themarket for sale while we occupy the property. it also states that he must offer me the home first at fair market value if he elects to sell it.
August 29, 2008 at 7:14 AM #263216jrsygirl9ParticipantI forgot to mention we have four young children and I don’t want to have them move again. Stability is more important. I contacted his bank and they are willing to work with me directly and sell the home to me directly at fair market value. what do I dow ith this “rent skimming” landord in the mean time?
P.S. There is an addendum to my lease that states he can not put the house on themarket for sale while we occupy the property. it also states that he must offer me the home first at fair market value if he elects to sell it.
August 29, 2008 at 7:14 AM #263254jrsygirl9ParticipantI forgot to mention we have four young children and I don’t want to have them move again. Stability is more important. I contacted his bank and they are willing to work with me directly and sell the home to me directly at fair market value. what do I dow ith this “rent skimming” landord in the mean time?
P.S. There is an addendum to my lease that states he can not put the house on themarket for sale while we occupy the property. it also states that he must offer me the home first at fair market value if he elects to sell it.
August 29, 2008 at 7:29 AM #262955PadreBrianParticipantlol! You don’t have to worry about him selling.
Just find another place nearby, OR just put up with the sheriff knocking on the door. The kids will love that.
August 29, 2008 at 7:29 AM #263162PadreBrianParticipantlol! You don’t have to worry about him selling.
Just find another place nearby, OR just put up with the sheriff knocking on the door. The kids will love that.
August 29, 2008 at 7:29 AM #263169PadreBrianParticipantlol! You don’t have to worry about him selling.
Just find another place nearby, OR just put up with the sheriff knocking on the door. The kids will love that.
August 29, 2008 at 7:29 AM #263221PadreBrianParticipantlol! You don’t have to worry about him selling.
Just find another place nearby, OR just put up with the sheriff knocking on the door. The kids will love that.
August 29, 2008 at 7:29 AM #263258PadreBrianParticipantlol! You don’t have to worry about him selling.
Just find another place nearby, OR just put up with the sheriff knocking on the door. The kids will love that.
August 29, 2008 at 8:18 AM #262965La Jolla RenterParticipantThe odds of you buying the house at fair market value now, are slim to none. If you have cash, you can maybe pick it up at auction… a long shot.
The most prudent move for you is to look for a better rental deal while time is on your side. When you find it, give your thirty day notice on your current place and state: that because the house is in foreclosure you will use your deposit as last months rent etc.
If you can afford to buy the house now, why would you want to pay fair market value for it? You could probably buy a nicer house in the neighborhood for less than fair market value.
The landlord is not rent skimming. He legally owns it until he is foreclosed on at the courthouse. There are landlords in San Diego that have multiple properties in foreclosure that are doing the same thing. My former landlord is one of them. Bad Karma… YES! Illegal… no.
August 29, 2008 at 8:18 AM #263173La Jolla RenterParticipantThe odds of you buying the house at fair market value now, are slim to none. If you have cash, you can maybe pick it up at auction… a long shot.
The most prudent move for you is to look for a better rental deal while time is on your side. When you find it, give your thirty day notice on your current place and state: that because the house is in foreclosure you will use your deposit as last months rent etc.
If you can afford to buy the house now, why would you want to pay fair market value for it? You could probably buy a nicer house in the neighborhood for less than fair market value.
The landlord is not rent skimming. He legally owns it until he is foreclosed on at the courthouse. There are landlords in San Diego that have multiple properties in foreclosure that are doing the same thing. My former landlord is one of them. Bad Karma… YES! Illegal… no.
August 29, 2008 at 8:18 AM #263178La Jolla RenterParticipantThe odds of you buying the house at fair market value now, are slim to none. If you have cash, you can maybe pick it up at auction… a long shot.
The most prudent move for you is to look for a better rental deal while time is on your side. When you find it, give your thirty day notice on your current place and state: that because the house is in foreclosure you will use your deposit as last months rent etc.
If you can afford to buy the house now, why would you want to pay fair market value for it? You could probably buy a nicer house in the neighborhood for less than fair market value.
The landlord is not rent skimming. He legally owns it until he is foreclosed on at the courthouse. There are landlords in San Diego that have multiple properties in foreclosure that are doing the same thing. My former landlord is one of them. Bad Karma… YES! Illegal… no.
August 29, 2008 at 8:18 AM #263231La Jolla RenterParticipantThe odds of you buying the house at fair market value now, are slim to none. If you have cash, you can maybe pick it up at auction… a long shot.
The most prudent move for you is to look for a better rental deal while time is on your side. When you find it, give your thirty day notice on your current place and state: that because the house is in foreclosure you will use your deposit as last months rent etc.
If you can afford to buy the house now, why would you want to pay fair market value for it? You could probably buy a nicer house in the neighborhood for less than fair market value.
The landlord is not rent skimming. He legally owns it until he is foreclosed on at the courthouse. There are landlords in San Diego that have multiple properties in foreclosure that are doing the same thing. My former landlord is one of them. Bad Karma… YES! Illegal… no.
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