We rent our house and moved in this past August and signed a 1 year lease. We were hoping to stay for 2-3 years or so. We're not in a position to buy right now, especially because we're not sure how settled my husband is with his job.
I just got an email from our landlord saying a real estate agent will be contacting me to set up a time to come see the house this week because they're thinking of putting it up for sale. He assured me that our lease would be honored, which I believe, but still. If they decide to put it up for sale, we're going to have to deal with showings, possible work being done to the house, and the hassle of moving AGAIN. We were just finally starting to get really settled, and especially with baby #2 due in April, this is so not what I want to deal with right now!
This is a totally pointless vent, so thanks for listening! I'm just a bit hormonal and frustrated right now.
Re: Ugh....the joys of renting
That stinks. I don't think they can do showings while you are renting. I thought the owner had to wait until your lease is up.
I had a place that I was renting go up for sale. The realtor showed while I was still living there. It was incredibly annoying and the people would walk around my home while I was trying to study.
We had already offered to sign a 2 year lease, but he turned it down. We made it clear we wanted to stay 2-3 years and he seemed happy to hear it, but who knows. Maybe his situation has changed and he needs to sell.
Unless that was part of your lease you do not have to do showings. If you do not mind the showings you could strike a bargain to get a cheaper rent. As tenants you have rights.
ETA:
Check your lease and also check your states rental laws.
It does very by state. Some states say they can only show the home the last 30 days of your lease. Some say the buyer needs to give you a 24 hour notice before a showing.
I have seen lots of properties with unhappy renters they do not show well, it is in both of your interest that you come to a happy conclusion.
BFP 1/18/11, EDD 10/1/11. Born at 37w5d on 9/15/11.
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