Our landlord gave us an early wedding gift this week.
We are renting our house in Upper Arlington and the lease is due to expire on June 30. A couple weeks ago we received a letter asking us if we were gonna re-up for another 12 months.
Tiffany realized that if we signed on for another 12 months, our lease would expire in June of 2009, just three days after our wedding. We would like to buy a house sometime shortly after the wedding, however, and re-signing another 12-month lease then would force us to stay in the rental until June of 2010. Tiffany asked me if I could talk to our landlord about extending the lease a couple months.
I shot him an e-mail asking if we could sign a 14-15 month lease this June, which would put our move out date on August 30 or Sept 30 of 2009. I figured, why wouldn’t he want to guarantee his $1,100 a month for 14 months instead of 12?
The landlord is a younger guy, I thought he’d understand our situation — we were getting married three days earlier and so on. Also, we had been the perfect tenants. Tiffany treats the house like it’s her own. She wouldn’t even let me get a dog because she’s afraid it would mess up their rental property.
He said no.
Not even addressing the 14-month question in my original e-mail, he responded by offering us a nine-month lease or a 20-month lease. The nine-month lease would end on March 30, which would mean we’d have to buy a house and move into it three months before we were even married. That or sign up through February 30 of 2010.
This is the landlord’s first rental property and we’re his first tenants by the way. That might shed some light on the situation.
I replied and asked specifically, again, if his response meant a 14-month lease was out of the question. He said yes because he wanted to have the house available inside the months of April-July, which he called the peak rental season. Clearly he read that online somewhere. And he was being steadfast to those … four … months out of the year.
That means we’re only allowed to move out of his house in March, April, May or June — even after we’ve paid his mortgage for two years. That fact is amazing to me.
So as it stands now, we’re pretty much forced to buy a house before we’re married, unless we sit around until 2010 waiting to miss out on the buyers’ market that is today’s Real Estate industry.
I don’t know what our landlord is thinking. With the market like it is, nobody is clamoring to pay $1,100-a-month to rent his place in the burbs when they could own another for that price.
We’re targeting the month of May of 2009 to finalize a deal and move.
Then in October, we’ll drive by our current house and laugh because it’s still empty like the 14 other current vacancies in our neighborhood. And the landlord will have found that I shit in his air vents.
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