After returning home from work, I picked up the mail in the lobby and idly perused through it as I walked to my door. I noticed that there was a letter from our leasing agent, so I slit it open and read it.
OK, that’s not exactly word for word, but you get the basic gist.
This sucks! We’re not ready to move. We had talked about buying, but we wanted to wait until I had a more steady employment situation and we had more money saved up. Moving is going to be difficult; buying the condo will be exorbitantly expensive.
Oh, gobear, I feel your pain. Mr. singular and I had exactly the same thing happen to us back in May, and we were totally unprepared. Fortunately, I had just got a tax refund of over $5000, so at least I had all that to finance the move. We did find a much nicer place that we love, although it does cost a bit more a month. I hope you have as much luck as we did relocating.
Best wishes!
It seems to me that your lease should not be able to be broken. Usually when a landlord sells, the leases just transfer to the new owner. I know you mentioned 30 days is ok in VA, but are you sure what (s)he’s doing is legal? That 30 days for eviction notice maybe is only ok if you’ve done something wrong as a tenent?
Kalhoun: NYC would be nice, but that, too, is out of the reach at the moment.
Tramp, the asking price for our 2BR is $200,00. I just spoke to the bf and he thinks we should buy, and then save for a couple of years, move out, and use it as a rental property.
The lease isn’t broken. Our lease expired in March, and we’ve been on a month-to-month rental basis since then. The landlord is well within his rights to do this, but naturally that doesn’t make the timing any more convenient.
Good luck. I know you don’t want to hear it, but you might be better off. My rental house was sold in May (similar month to month situation.) I was told the new owners wanted my cash coming in. I have had nasty problems since as the owners have decided tenants are “too much responsibility.” Including no heat now and not to be fixed for another 10 days and a 15% rent increase. I am also looking to buy a house early next year so I am trying not to spend the $$$ to move - but had I known the new owners were going to change their minds so drastically so fast I would be long gone.
