Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just wondering.... It seems the best thing to do would be to go month to month and THEN start looking for a home, but I know I can't be the first person to ever encounter this so I'm looking for alternatives.
I'm in a lease until next April but we have found homes that we really like but we can't afford to get blasted on breaking the lease. How do people usually negotiate this??? I mean timing a home purchase is darned near impossible.
The preferred is to check the terms of your lease. Sometimes, you can sublet, or pay minimal fees for breaking the fee if you find a replacement tenant for the landlord. Negotiate
Start looking for a house 3-4 months before the end of your lease and negotiate a closing date so that you can move in when your apartment contract is up.
Or buy the house now and rent it out on a month-to-month or temporary housing basis to recoup some of the cost while you finish your contract in the apartment.
We have a lease until the end of January. We, like you, have found several homes that we like/love but I won't break our lease. I looked in the lease and most likely they would just keep our deposit, but worst case would be them wanting the full rent until January. I will just sit back and wait until then to find my home.
We have a lease until the end of January. We, like you, have found several homes that we like/love but I won't break our lease. I looked in the lease and most likely they would just keep our deposit, but worst case would be them wanting the full rent until January. I will just sit back and wait until then to find my home.
I think that's the sad reality of our situation as well....
The time will fly by, just wait and see. If you find something in say Feb. the prices will probably be lowered still from the winter. I never thought we would be renting for this length of time, but we have and I have made it work for us.
Unfortunately the spring months generally are when real estate market picks up (people want to move at the end of the kids' school year and get settled before schools starts back up). Housing prices seem to go up around April/May/June.
Unfortunately the spring months generally are when real estate market picks up (people want to move at the end of the kids' school year and get settled before schools starts back up). Housing prices seem to go up around April/May/June.
Was thinking of maybe getting prepared and trying to lock in a lowball offer around January or February and doing a delayed closing or just having a one month overlap.
In the same boat here. Our lease is till April. I didnt want to hassle with
the property management people. The didnt seem too accomodating,(we
asked about that) but then one morning out of the blue, they called and
asked if we still wanted to move. I said,No, you said we more or less couldnt
and would be responsible for the finders fee and the rent until they could get
another tenant. Anyway, turns out the owner might be thinking of
moving back in this condo and they were just "checking" to see if we still
wanted to move out. We have since then picked out a lot and floor plan
with some new homes they are building here. The lots wont be released
for some time. Lets hope the owner doesnt want us out before then, havent
heard another peep. Just goes to show you they are nice when they
want YOU out, but not the other way around. This is why renting sucks.
Unfortunately the spring months generally are when real estate market picks up (people want to move at the end of the kids' school year and get settled before schools starts back up). Housing prices seem to go up around April/May/June.
I should have been more specific. It depends on your particular market.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Anyway, turns out the owner might be thinking of
