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Old 04-02-2009, 08:31 PM
 
1 posts, read 3,907 times
Reputation: 11

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i have lived here for almost 2 years, and all of the sudden she wants to sell, i cant get a mortgage for the price she wants, so how long do i have before i have to move if she sells on her own? my lease is just up in 2 weeks, she said i could go month to month before she mentioned selling, but i havent signed anything yet...what are my rights....thanx in advance
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Old 04-03-2009, 08:01 AM
 
1,623 posts, read 5,965,113 times
Reputation: 449
You can "squat" until they physically evict you if you so choose - does your lease have a 30-60 day notice for either party? You could hire a lawyer etc but honestly I would appeal to her sense of fairness, and if that doesn't work, just don't leave until the cops come...in this market the house will be a hard sell anyway so you probably have at least 30 days, more like 60-90.
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Old 04-03-2009, 08:40 AM
 
Location: Pennsylvania
5,673 posts, read 10,245,988 times
Reputation: 9515
Just go month to month and look for another place in the meantime. It's her house and you can't force her not to sell it.
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Old 04-03-2009, 09:35 AM
 
1,815 posts, read 4,909,223 times
Reputation: 773
I'd have to agree with maf763 about going month to month while looking for a new place. You may want to see if your landlord will lower the rent due to the inconvenience of it all as well. Then you have some money to stash for the next place. Depending on the exact area and how competitively she's priced, the house could very well be on the market for quite a few months. If priced cheap, then it would go faster.

The other thing you may want to consider is seeing if the landlord would be interested in holding the mortgage on the place and having you pay her for it. If you've been a credit worthy tenant and the house is just out of reach through a traditional mortgage, that might be an option to consider. Definitely have a lawyer draw up all the paperwork if you go that route.
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