The lease on my apartment runs until November. The landlord had the property up for sale, and some lady has purchased it. She is going to tear the apartments down and build condos, and wants control ASAP. Her agent is offering me two months free rent at $2500, and $500 for moving expense to leave by August. I am getting a bargain here, and i know that i will be paying possibly $250 more a month to relocate in this same neighborhood. The $3000 i would get from the buyer would only cover that increase in rent for one year, and then i would be stuck paying higher rent after. I didn't accept the agent's offer, i asked for reimbursement of $8300, which would cover the rent increase for almost 3 years in a new apartment. He told me that i was trying to get too much, and might as well just stay until my lease runs out cause it wouldn't happen. This property will make millions for the buyer. Am i being greedy?
2007-03-06 14:57:53 · 5 answers · asked by Jayjay 2 in Business & Finance ➔ Renting & Real Estate
Wow! I'd take it!
You're still gonna have to move.
August is much better to move in, than November.
and....you're still gonna have to pay 'more' rent whether you
move in August or November.
I'd call a couple moving companies and see what their moving rates are. If it costs more than what they're offering....I'd tell them you got some estimates and you need a little more money.
But...I'd go for it.
2007-03-06 15:15:17 · answer #1 · answered by COOKIE 5 · 0⤊ 0⤋
You are NOT being greedy. I would tell the new landlord that either she pays you the amount you want or that she has to wait till November to gain the total control of the building. The lease you have goes with the new owner and she HAS to abide by it.
2007-03-06 15:03:10 · answer #2 · answered by ♥ Mary ♥ 4 · 2⤊ 0⤋
Here's how I see it. You can take what is offered to you now and come out ahead or you can wait until your lease is up and get nothing in return. You know that they are not going to renew the lease with you. I would take the money and run, don't try to get more.
2007-03-06 15:04:00 · answer #3 · answered by sproutsmomma 2 · 0⤊ 0⤋
I see no harm in asking for a little more. For once, a buyer has some leverage in San Diego!
2007-03-06 15:59:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes you are. Move graciously and go on with you life because if you make problems he will end up screwing you with deposits and so forth.
2007-03-06 15:01:25 · answer #5 · answered by mom of twins 6 · 0⤊ 1⤋