Landlord troubles

JeffBoyette

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Waldorf, MD
When I recieved my orders to Andrews we found a house for rent that fit the bill. Had a gentlemans agreement that it was a done deal. 3 Years lease with option to buy at our request. The day before we arrived to move in she allegedly showed the house to a buyer and they made an offer of what she was asking. $225k. We argued our discontent with this news and she allowed us to rent while we negotiated terms of the lease reduced to one year. We had a verbal agreement to attempt purchase of house before Jan 1 or they had option to market it. In the lease I negotiated a 3 day notice for property visits by owner or realtor.

Last week she told me they would come by today to repair the sink and bring a realtor. When they came the realtor said he wanted to put a lockbox on the door so they can visit at anytime without our presence and saturdays they would have open house and we would have to give strangers tours of the house without the realtor present. This negates my right to preaceful enjoyment of property. The three days is binding however.

I don't want people on my house without our presence... I don't want strangers without escort in my house whether I'm home or not. What I don't know is if it sells would I be evicted in 30 days or live out my term.

I can finance a purchase up to $360,000 With a mortgage for what I'm renting per month for a house listed at 225 and only worth 180.

Discuss with any advice. Thanks
 
dont buy anything except a short sale.
this market is a buyers market. you can pickup a bank owned property in FL for nothing. the market there is shot, the best thing to buy right now is a house with a dock. when the market comes back you will be well over 1million.
 
unfortunately, you do (or will) live in a place that almost self-inflicts an inflated market...

that said... verbal agreements don't mean shit... sorry, but it's true.

what are you looking advice for?
a new place to live?
buying or renting?
your landlord?
eviction time?

i bellieve by law you have a minimum of 30 days, 60 in some places...

as a contractor, i've learned a lot over the last few years regarding homes... what with foreclosures, renters, local law enforcement, etc...
 
tater tots? You mean rug rats?
 
I'm having troubles with my landlord too.. :mad:
 
Well the questions are
If the owner sells, am i entitled to remain at the property until the end of my lease, IE. the new buyer purchases the house knowing they have to wait until next november to move in? Or they give me a 30/60 day eviction notice.

Reason i ask, it would be great if i could go ahead and get my loan and find a house, and give my landlord a vacate notice so im not blindsided. But i dont want to move into a house and have to pay the landlord the # months of rent until it gets sold or re-rented.
 
I say talk to your landlord and see what would work for him and proceed from there, get everything in writing. He might be thinking the same as you and you living there vould be a sticky point in the sale. He could be trying to figure out how to break your lease as well. Just make sure any agreement is in writing, no verbal shit.
 
I believe it is up to the new owner. If you look at ur lease it should state if you have 30 or 60days notice but with a new owner would require a new lease. If you do not have a lease you are pretty much screwed and they can say whatever. Talk to the current owner and when it sells talk to the new owner I'm sure u will have at least 30 days from contract to close but if the new owner isant ready to move in they may let u stay. Doesnt hurt to ask but always get shit in writing its a shame you can't go off a hand shake any more. Some times the only thing the contract is good for is goin to court.
 
You can talk to your landlord and see what he says about his interpretation of the lease or what he expects you to do. Unfortunately most Leases are written in favor of the Leaser & not the Lessee. You Really should talk to a Real Estate Attorney. Most of them will look at the lease and give you a free evaluation of your options.
 

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