Is it reasonable to expect our moving expenses to be covered? Including the cost of utility transfers?
2006-10-06 10:45:20 · 16 answers · asked by MC 5 in Business & Finance ➔ Renting & Real Estate
Apparantly, the owner is ready to be done. The rental company called to see if we want to buy, but I really do not think that we can get a morgage, and while I do not want to move, if I don't have to, I really would not want to purchase this house.
2006-10-06 12:37:13 · update #1
don't worry about it. have you seen the news? It'll be on the market for a year.
BTW, why are they selling and what are they selling for? Have you thought of buying?
2006-10-06 12:14:47 · answer #1 · answered by Manny 6 · 0⤊ 0⤋
To answer your questions directly, the answer is that you will be responsible to move yourself if you need to move and pay any expenses associated with the move. The length of time you will have to move will depend upon the rental agreement you have with the owner. Why not ask the owner if you could buy the house? If you are not able or do not what to buy the home then here are your options. 1) if an investor buys the house you may not need to move. 2) have someone you know buy the house and rent it to you. You may find more helpful information at www.paynotaxesforlife.com
2006-10-06 11:23:02 · answer #2 · answered by Pay No Taxes For Life 2 · 0⤊ 0⤋
No, but check the rental codes and everything for your area. I am not sure about everywhere but I think they have to give you a certain amount of time in writing before they can just say, oh yeah, by the way.... and expect you to just get out. I could be wrong, but I have never heard of the landlord being responsible for anything except what is wrong with the house while you are there.
2006-10-06 10:49:42 · answer #3 · answered by misteri 5 · 0⤊ 0⤋
One of the greatest changes in real estate practice in the last dozen years has been the introduction of representation for the buyer. Buyers had always thought that if they were being shown properties by an Agent that he was representing them and would always look out for their best interests and that the Listing Agent would represent the sellers. If both parties were dealing with the same Agent, then the buyers assumed that they would be treated fairly. However, the Listing Agent's only obligation was to the seller, who was his client, whereas the buyer was considered to be a customer, a vast difference in treatment.
2006-10-06 10:50:55 · answer #4 · answered by decoyaryan 3 · 0⤊ 0⤋
If you have a lease, the new owner has to honor the terms of the lease. If you're renting month to month, you're out of luck because all he has to do is give you 30 days notice and all the cost will be borne by you.
2006-10-06 11:21:56 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Two separate issues. One do you have a lease that will expire in the future or is your lease expired.
If the first they have to buy you out if they want to sell it without a tenant and a contract you have lots of room to negotiate.
If the second call two men and a truck you have no recourse if they follow the landlord law of your state.
2006-10-06 11:43:27 · answer #6 · answered by newmexicorealestateforms 6 · 0⤊ 0⤋
It all depends on what your contract says, if there is no contract you are out of luck. Hopefully you have a contract stating you were to rent the space until so and so time, but even that sometimes in contract they say the owner has right to ask you to leave anytime, so just read over contracts carefully...
2006-10-06 10:48:23 · answer #7 · answered by ladida 3 · 0⤊ 0⤋
i think of you should look into shifting genuine away with no postpone. supply your landlord a 30 day observe. short sale in simple terms means that your landlord nevertheless owes very own loan on the domicile and while he sells the domicile he in simple terms has to furnish the financial company the proceeds in spite of if it is not a similar volume that he owes on the very own loan. it's going to give up him from going into foreclosures.
2016-11-26 21:45:21 · answer #8 · answered by ? 3 · 0⤊ 0⤋
You need to refer to your written lease agreement. If you don't have one, you may have to put up the cost to move. It's not usual to expect moving costs but not having it in writing could be a problem.
2006-10-06 11:56:34 · answer #9 · answered by Anonymous · 0⤊ 0⤋
No, but the new buyer might still plan on renting it out to you. They will tell you that you have 30 or 60 days to move out.
2006-10-06 10:52:57 · answer #10 · answered by Anonymous · 1⤊ 0⤋
I own rental property. The operative word here is OWN....until you do, you have no say as to what a landlord will or will not do. All he has to do is give you adequate notice...no explaination required. Ahh..until you're evicted..sorry. Next time BUY!!
2006-10-06 14:28:46 · answer #11 · answered by muffin 6 · 0⤊ 1⤋