The joys of being a renter in this market!

[blahblahblah]

This is one of the big reasons that I recently bought a home even knowing that prices are probably still headed down for several years to come. We couldn’t stay in our rental because it no longer suited our needs, so we would have to find another. There are so many of these landlords in trouble and there’s a good chance that you might get stuck with one after choosing a rental. Now you have to deal with realtors or maybe the sheriff in an extreme situation and have to move on short notice. No thanks. I’ll pay the ownership penalty for a house where at least I can stay put in peace without worrying about the landlord or whether I am going to have to move at any moment. Plus I HATE moving. It is time-consuming and expensive. Going into another rental would have guaranteed that we’d be moving at least one extra time. So we bought a house and I don’t care if it’s worth less 5 years from now because I’m staying put.

[werewolf34]

All this tough talk makes me laugh.

You can make life miserable for your landlord and he can do the same to you. When you get on that ladder of antagonism, you really can’t get off it.

My advice is to be civil but firm and let the LL show how he is going to handle it now you know the house is listed.

[werewolf34]

All this tough talk makes me laugh.

You can make life miserable for your landlord and he can do the same to you. When you get on that ladder of antagonism, you really can’t get off it.

My advice is to be civil but firm and let the LL show how he is going to handle it now you know the house is listed.

[werewolf34]

All this tough talk makes me laugh.

You can make life miserable for your landlord and he can do the same to you. When you get on that ladder of antagonism, you really can’t get off it.

My advice is to be civil but firm and let the LL show how he is going to handle it now you know the house is listed.

[werewolf34]

All this tough talk makes me laugh.

You can make life miserable for your landlord and he can do the same to you. When you get on that ladder of antagonism, you really can’t get off it.

My advice is to be civil but firm and let the LL show how he is going to handle it now you know the house is listed.

[werewolf34]

All this tough talk makes me laugh.

You can make life miserable for your landlord and he can do the same to you. When you get on that ladder of antagonism, you really can’t get off it.

My advice is to be civil but firm and let the LL show how he is going to handle it now you know the house is listed.

[sdrealtor]

It is likely they are planning to rent skim (i.e. pocket your rent while they stop making payments) to get some cash out of their failed investment. That is why they dont want to let you out of the lease early. Personally I would cooperate but on my terms. No lockbox, appointment only with 24 hours notice and weekend showings only (It’s dark after 5 now and there wont be much traffic anyway). If they want to do day long open houses they should compensate you for that. Tickets to Disneyland, Legoland, Zoo and Sea World should do nicely for 4 Saturdays. If that doesnt meet your age range perhaps Charger Tickets or something else.

[sdrealtor]

It is likely they are planning to rent skim (i.e. pocket your rent while they stop making payments) to get some cash out of their failed investment. That is why they dont want to let you out of the lease early. Personally I would cooperate but on my terms. No lockbox, appointment only with 24 hours notice and weekend showings only (It’s dark after 5 now and there wont be much traffic anyway). If they want to do day long open houses they should compensate you for that. Tickets to Disneyland, Legoland, Zoo and Sea World should do nicely for 4 Saturdays. If that doesnt meet your age range perhaps Charger Tickets or something else.

[sdrealtor]

It is likely they are planning to rent skim (i.e. pocket your rent while they stop making payments) to get some cash out of their failed investment. That is why they dont want to let you out of the lease early. Personally I would cooperate but on my terms. No lockbox, appointment only with 24 hours notice and weekend showings only (It’s dark after 5 now and there wont be much traffic anyway). If they want to do day long open houses they should compensate you for that. Tickets to Disneyland, Legoland, Zoo and Sea World should do nicely for 4 Saturdays. If that doesnt meet your age range perhaps Charger Tickets or something else.

[sdrealtor]

It is likely they are planning to rent skim (i.e. pocket your rent while they stop making payments) to get some cash out of their failed investment. That is why they dont want to let you out of the lease early. Personally I would cooperate but on my terms. No lockbox, appointment only with 24 hours notice and weekend showings only (It’s dark after 5 now and there wont be much traffic anyway). If they want to do day long open houses they should compensate you for that. Tickets to Disneyland, Legoland, Zoo and Sea World should do nicely for 4 Saturdays. If that doesnt meet your age range perhaps Charger Tickets or something else.

[sdrealtor]

It is likely they are planning to rent skim (i.e. pocket your rent while they stop making payments) to get some cash out of their failed investment. That is why they dont want to let you out of the lease early. Personally I would cooperate but on my terms. No lockbox, appointment only with 24 hours notice and weekend showings only (It’s dark after 5 now and there wont be much traffic anyway). If they want to do day long open houses they should compensate you for that. Tickets to Disneyland, Legoland, Zoo and Sea World should do nicely for 4 Saturdays. If that doesnt meet your age range perhaps Charger Tickets or something else.

[Effective Demand]

I have become much more sophisticated in my lease negotiations. I have added a stipulation that the home cannot be placed on the market while we are living there. But then my LL stopped paying to try for a loan mod (and got it).

I then added in that a NOD invalidates the lease at my option and a NTS means we don’t have to pay rent (with no rent accruing) until we get our security deposit back.

I don’t want a LL who won’t agree to those terms as they will have a hidden agenda. And we present a upside to them because we have very high FICOs and references.

I now have the ultimate flexibility with my lease, I negotiated all the above over a long term but with a 1 month kickout clause (I pay the equivalent of 1 mo rent to break the lease). I feel that for my particular situation it is ideal. I can make bids at my leisure and know the cost to me if get one accepted.

When you get the homeowner who is trying to wait out the market they are very optimistic/unrealistic so negotiating many of the above terms are a non-issue. This puts you instead of them in the driver seat if the situation changes or they have an epiphany.

[Effective Demand]

I have become much more sophisticated in my lease negotiations. I have added a stipulation that the home cannot be placed on the market while we are living there. But then my LL stopped paying to try for a loan mod (and got it).

I then added in that a NOD invalidates the lease at my option and a NTS means we don’t have to pay rent (with no rent accruing) until we get our security deposit back.

I don’t want a LL who won’t agree to those terms as they will have a hidden agenda. And we present a upside to them because we have very high FICOs and references.

I now have the ultimate flexibility with my lease, I negotiated all the above over a long term but with a 1 month kickout clause (I pay the equivalent of 1 mo rent to break the lease). I feel that for my particular situation it is ideal. I can make bids at my leisure and know the cost to me if get one accepted.

When you get the homeowner who is trying to wait out the market they are very optimistic/unrealistic so negotiating many of the above terms are a non-issue. This puts you instead of them in the driver seat if the situation changes or they have an epiphany.

[Effective Demand]

I have become much more sophisticated in my lease negotiations. I have added a stipulation that the home cannot be placed on the market while we are living there. But then my LL stopped paying to try for a loan mod (and got it).

I then added in that a NOD invalidates the lease at my option and a NTS means we don’t have to pay rent (with no rent accruing) until we get our security deposit back.

I don’t want a LL who won’t agree to those terms as they will have a hidden agenda. And we present a upside to them because we have very high FICOs and references.

I now have the ultimate flexibility with my lease, I negotiated all the above over a long term but with a 1 month kickout clause (I pay the equivalent of 1 mo rent to break the lease). I feel that for my particular situation it is ideal. I can make bids at my leisure and know the cost to me if get one accepted.

When you get the homeowner who is trying to wait out the market they are very optimistic/unrealistic so negotiating many of the above terms are a non-issue. This puts you instead of them in the driver seat if the situation changes or they have an epiphany.

[Effective Demand]

I have become much more sophisticated in my lease negotiations. I have added a stipulation that the home cannot be placed on the market while we are living there. But then my LL stopped paying to try for a loan mod (and got it).

I then added in that a NOD invalidates the lease at my option and a NTS means we don’t have to pay rent (with no rent accruing) until we get our security deposit back.

I don’t want a LL who won’t agree to those terms as they will have a hidden agenda. And we present a upside to them because we have very high FICOs and references.

I now have the ultimate flexibility with my lease, I negotiated all the above over a long term but with a 1 month kickout clause (I pay the equivalent of 1 mo rent to break the lease). I feel that for my particular situation it is ideal. I can make bids at my leisure and know the cost to me if get one accepted.

When you get the homeowner who is trying to wait out the market they are very optimistic/unrealistic so negotiating many of the above terms are a non-issue. This puts you instead of them in the driver seat if the situation changes or they have an epiphany.

[Author]

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