Print Story This is NOT fucking happening...
Help!
By atreides (Mon May 18, 2009 at 12:26:31 PM EST) (all tags)
I had been hoping to write this about the lovely Brunch we had with the McClockys or, alternately, the massive flea treatment Welsh Girl and I gave our house, but no...


Apparently, the owner of the house we're renting decided Friday to put the place on the market. They were kind enough to let us know today what was coming down the pipe. I don't doubt the agent will give us a crack at it but a) nobody would lend us money when they'd give out home loans free in your Cracker Jack box, much less in the grip of a Global Financial Meltdown (TM) and b) we only have about a month and a half of rent and bills in the bank (maybe) and certainly NOT a down payment. I'm guessing, barring weirdness, we're going to have to move again in the next 6 months. If we're lucky, it'll be the longer end of 6 months. Unfortunately, the neighborhood is nice so I don't expect it to remain on the market that long. Fortunately, the house has quite a bit wrong with it so it may take longer or require someone willing to put a chunk of money into it or who wants to tear it down and build something new. If we're lucky, the asking price will be ridiculous and stay there meaning we may have even longer but no matter how you look at it, I foresee us being fucked.

God, I'm sick to death of moving. Moving in January was my 4th move in 5 years and I said that I didn't want to move for at least a couple of years at least, preferably to somewhere we were buying. Fuck.

< Friggin' potholes | Attn: Ad Hoc and Other Bicycling Infidels >
This is NOT fucking happening... | 16 comments (16 topical, 0 hidden) | Trackback
Would the owner hold the mortgage for you? by georgeha (4.00 / 1) #1 Mon May 18, 2009 at 12:32:41 PM EST
Alternatively, if you believe theautomaticearth, the proper price is probably half what they're listing it for.


I always hated that. by blixco (2.00 / 0) #2 Mon May 18, 2009 at 01:36:22 PM EST
Had one house over off of Anderson that was reasonably nice, not too great but not bad.  Decent house but a block away was section 8 housing along an entire street, so the crime rates were a little higher.

We'd been there maybe five months and they told us they were selling it...this was when the market was on fire (though, to be fair, Austin has not cooled much).  In two weeks we had to start packing, and we managed ot get completely out the night before the deadline.

Thankfully we found another house, but it was a tight market then, so we had to race to the house with a checkbook and rent it damn near sight unseen.  We had our roommate Joel at the time, though, and with him, we could afford the place, which was a HUGE 4k square foot place off of Balcones Woods.

Timing was everything back then, so we were lucky to find a place...you'll have no such problems push comes to shove, but moving once a year sucks.  Moving twice a year is devastating if you weren't planning on it.

Best of luck.  If it is any consolation, most rental houses in my hood have been on the market for a year, then back off.  They do not sell. That being said, I'm not in a great neighborhood....

---------------------------------
"You bring the weasel, I'll bring the whiskey." - kellnerin
wait, what by R343L (2.00 / 0) #3 Mon May 18, 2009 at 01:55:39 PM EST
so you can be asked to leave without at least 30 days notice?! And the new owner doesn't have to honor an existing lease? Because that's just total insanity.

"There will be time, there will be time / To prepare a face to meet the faces that you meet." -- Eliot
[ Parent ]
It is Texas by georgeha (4.00 / 2) #4 Mon May 18, 2009 at 02:01:23 PM EST
I think the landlord can shoot the tenants, if he finds them threatening.


[ Parent ]
Well yeah, by blixco (2.00 / 0) #6 Mon May 18, 2009 at 02:20:34 PM EST
isn't that true everywhere?

---------------------------------
"You bring the weasel, I'll bring the whiskey." - kellnerin
[ Parent ]
No, the lie-berals have taken over New York by georgeha (4.00 / 1) #7 Mon May 18, 2009 at 02:22:53 PM EST
you shoot a tenant because they painted the walls in a color you don't like, and you have no end of legal troubles.


[ Parent ]
Huh. by blixco (2.00 / 0) #8 Mon May 18, 2009 at 02:25:59 PM EST
Next you'll tell me they have rent controls.

---------------------------------
"You bring the weasel, I'll bring the whiskey." - kellnerin
[ Parent ]
lolwhut by brokkr (2.00 / 0) #9 Mon May 18, 2009 at 05:30:04 PM EST
In socialist Scandinavia you have to give a year's notice to the tenant if you want to sell the property.
--
Deyr fé, deyja frændr, deyr sjalfr it sama,
ek veit einn, at aldrei deyr: dómr um dau∂an hvern.

[ Parent ]
but most of the crafty socialists by bobdole (4.00 / 1) #13 Tue May 19, 2009 at 04:10:09 AM EST
have figured out the loophole (well at least in the oil infested Scandinavian country) where if you are going to live there yourself you can give shorter notice, so you tell your tenant you are going to live there yourself, you do for a month and then you put it up for sale.

Given that there are tax benefits if you sell a house you live in (which in reality requires 12 months), in the same gassy country, a lot of people stick it out the full 12 months to save shit loads in taxes...

-- The revolution will not be televised.
[ Parent ]
No loophole where I'm from by brokkr (2.00 / 0) #14 Tue May 19, 2009 at 04:15:54 AM EST
Whether you want to live there or sell the place, the notice period is one year. And these are the only two cases where you may terminate the rental (unless there is a breach of contract, of course)
--
Deyr fé, deyja frændr, deyr sjalfr it sama,
ek veit einn, at aldrei deyr: dómr um dau∂an hvern.

[ Parent ]
commies -nt by bobdole (4.00 / 1) #16 Tue May 19, 2009 at 07:10:54 AM EST


-- The revolution will not be televised.
[ Parent ]
This happened to us by littlestar (4.00 / 2) #15 Tue May 19, 2009 at 06:55:41 AM EST
and we had two months to move, as the landlords said they were personally moving in. We looked it up and found that we could move within thirty days of this notice and get back our last months rent. So, I found a place and moved us in two weeks. It was insane, but very cool as the landlords were certainly taken aback at our flip of power, and them having to give US money back! Mwhaahhaha... it was lovely.

*twinkle*twinkle*


[ Parent ]
Actually, no. by blixco (2.00 / 0) #5 Mon May 18, 2009 at 02:13:57 PM EST
He made a deal with us: they paid us our entire deposit and the last month's rent (so we basically lived rent free for 6 weeks) if we agreed to two weeks notice. Our option was to insist on the contract, but they would then only give us our security deposit minus "damages."  I'd photographed every inch of that house before we moved in, so really we did it for the free rent.

---------------------------------
"You bring the weasel, I'll bring the whiskey." - kellnerin
[ Parent ]
the new landlord ... by R343L (2.00 / 0) #10 Mon May 18, 2009 at 06:03:03 PM EST
Doesn't have to honor a lease agreement? Or were you just on month-to-month?

"There will be time, there will be time / To prepare a face to meet the faces that you meet." -- Eliot
[ Parent ]
The foreclosed homes don't seem to be doing it. by garlic (2.00 / 0) #11 Mon May 18, 2009 at 06:43:17 PM EST


[ Parent ]
The landlords by blixco (2.00 / 0) #12 Mon May 18, 2009 at 06:45:19 PM EST
(well, management companies) had these provisions that if the owner wanted to sell or the city condemed the joint or they woke up one day and said "OH SHI" they could give us 30 days notice.  Pretty standard for Texas.  In Massachusetts, they had to give us 60 or 90 days, I can't recall which, and they had to have a "real" (would stand up in court) reason.

---------------------------------
"You bring the weasel, I'll bring the whiskey." - kellnerin
[ Parent ]
This is NOT fucking happening... | 16 comments (16 topical, 0 hidden) | Trackback