More House Trouble :(

[goodgirl]

Hi guys, just want to say there are more developments with my house... you might remember that my lease/purchase ran out before I could get a loan... however, my landlord doesn't officially know that since we had other problems (repairs and faults that weren't in the legal disclosure).  Anyway, he now is trying to get me to sign a straight 12-month lease (no purchase).  The reason I don't want to do that is because I know he is just trying to ride out the real estate slump and jack up the price $25K or so.  In the meantime, he wants the right to show the house whenever he wants.  Also, the lease he sent me is so vague that he could basically ask me to remodel and landscape or redecorate at my expense, just so the house will show better. 

Anyhow, he claims that he's having $ probs and has to either sell the house now or refinance.  I won't buy the house now (even if I could) because the disclosure was false and he'd be cheating me by about $10K or more.  He says if he has to refinance, and I buy the house in 6 months or less, he would lose money.  I don't understand that, can anyone think of why?  I would think it would be cheaper than letting the house sit empty for months (which it certainly will, like every other house in town).  And I offered to sign a 12-month lease-purchase and he hasn't answered me... which is why I think he wants to raise the price.  Also, I don't want people tramping in and out at their leisure, stealing my stuff and invading my privacy.  Not to mention, with the stairs that I just found out are about to fall down, someone could get hurt and I would be liable. 

Please pray again for this guy's attitude and that he get a grain of brain.   I'm an exemplary tenant and definitely want the house.  Please plead the blood over it and me and the landlord... and also, if you have any advice, I could use it!  p.s. should I hire an inspector, since I'm pretty sure the house will fail??  Then he would realize he can't pass title on it anyway! 

 

[PrayingOne]

Lord I pray that your will be done in Jesus name, amen.

 

[Mr.Cheese]

It sounds like this guy is looking for a sucker.

 

[Prettynink]

I will be praying for you, God will work everything for the good, I have faith in that.

 

[goodgirl]

Well guys,

yesterday I wrote him an email saying basically no dice, and I've been praying all morning and afternoon because I was too scared to open his reply.    turns out, he backed down slightly and says he'll extend the current lease/purchase contract by 6 months if I agree to pay $8K more... that way, he says, it will cover his costs.  I still don't understand whyyy, but whatever.

Anyhow, I wrote back and said I would agree NOT to buy the house before _____ (date of his choice) if he extended the current lease/purchase at the current price.  I also said if the house flunks inspection, he would need to either make the required repairs or deduct a similar amount from the price.  DUH!  (he had said that if I paid him $8K more I'd also have to accept the house as-is... niiiiiiice tryyyy).

So.. we'll see.  He'd be a stone-cold idiot to turn it down.  But just because he'd go broke paying a mortgage on the empty house, doesn't help me a bit!  LOL  So hopefully he'll come to his senses.  Did I mention, my last landlord kicked me out bc I wouldn't buy his property which was overpriced by about $40K?  That place is still sitting empty, hee hee.... 12 months later.. and he won't budge on the price!  So I DO know what I'm talking about!

 

[Auntie]

Hey goodgirl, do you have your own attorney? You really should seek legal advice about all of this. Real Estate transactions can get very complicated in a hurry. Be careful what you agree to in an email, because it is "in writing", I don't know, it might be legally binding.

You can get about 30 minutes of legal advice, for around $30.--$50. dollars. Money well spent!

Definitely, have an inspection done. Also, have a professional Title Search done. Get the house appraised after you have the inspection done. The reason refinancing costs him money is because he will have to pay closing costs, which can be $1,000's of dollars.

As for a straight lease, write your own and have him agree to YOUR terms. Find a lease form on the Internet, and use it as a guide. Put in writing that he can't show the house to buyers, as long as your lease is still current.

You are really in a very good position, for two reasons. First, because you have possession of the house, and second, because he has $$ problems. You are not his victim, even tho he might want you to think that.

Most importantly, get your own attorney, and get your own contract forms. Don't agree to anything that you don't feel comfortable with.

 

[wvmtnkid]

Good advice Auntie! I will be praying for your situation good girl.

 

[GodOwnsMe]

prayed for ya God Bless you !!