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Re: Need some advises if I decide to break my lease - Landlord Forum thread 359955

Re: Need some advises if I decide to break my lease by Garry on November 18, 2019 @20:15

                              
You signed a legally binding contract called a LEASE. You must abide by the terms of the lease until it's end.If you do not, the LL can take you to court and ask the courts to enforce the terms of the lease upon you. It's not what you are willing to do, but what the LL EXPECTS you to do, which is pay the rent til the end of the lease.

Now, for my personal opinion of what you want to do as far as buying a house-----DON'T DO IT!!!
If this is your first child, you and your wife will be going thru a TREMENDOUS amount of stress associated with bringing a new baby (your first) into the world. WHY would you want the ADDED stress of finding the "PERFECT" house to live in for the next 20-30 years? If you both have jobs now, are they both secure for the next 10 years? What if you guys decide to have mom stay home full time with your child, and not go back to work for years? Can you afford the house payment on 1 income? What if you decide to have more children ? Would you need a bigger house?

My suggestion is to wait till your child is 1-2 years old, before you look for a house. If you are in an apartment now, stay there. If you outgrow the apartment, look for a house to RENT for a couple of years, before buying one. I rent out several single family houses, and I find that half the families don't have a clue as to the upkeep of a home-------yards need mowed, snow needs shoveling, things age and break----furnaces, water heaters, air conditioners, appliances, roofs.
Whereas the owner of the apartment you are now in, takes care of all that for you now, when you OWN a home, YOU are the ones to take care of those things. So don't get in a big hurry to buy a place----rent for awhile, and ENJOY being new parents FIRST.
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Re: Need some advises if I decide to break my lease by Sunny on November 19, 2019 @19:13 [ Reply ]
Hi Gary, As a landlord, how would you respond to your tenant who just just broke the news he's going to break the lease? Is there a standard letter to respond to tenant of the consequences or one you'd recommend?
Re: Need some advises if I decide to break my lease by abouttobuyahouse on November 20, 2019 @10:13 [ Reply ]
thank you for your response. Reading this I'll wait until the lease expires. To be honest I'm not in rush to buy a house.

I just wonder what would happen if I find a very good deal and I want to early terminate the lease.

I thought I could talk with the landlord and negotiate somehow with a fair compensation for him.

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