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Toddlers: 12 - 24 Months
meganjoey0728
member
NBR- Housing opinion- help!
meganjoey0728
member
Ugh, so we are the the midst of a housing crisis.
Backstory- we have been renting a condo in a neighborhood we look, but the HOA has decided to not allow any more rentals in the community. My sister in law lives across the street and recently bought a single family home and offered to let us rent out their townhouse for less then normal rentals in the neighborhood (1500). We gave notice and our current landlord plans to move back in our place. Issue, is that our sister-in-laws contract isn't going through because of an appraisal issue. They won't know until June 13th if they are getting the place and we have to be out of our current place by June 30th. So should we wait and take the chance that we will get the townhouse? We want to stay in our neighborhood for our sake and for our sons. We have a daycare we love, gym memberships, pool memberships, and I have a 5 minute commute to work. Options:
1. Wait- if we get it great. If not then we would have two weeks to find another. There aren't a ton of rentals in our neighborhood for our price range, so might be hard.
2. Take an apartment in our neighborhood- smallish for 1530. But definitely ours. We would have to tell them by the end of this week as they don't have tons of units available.
3. Move to a different neighborhood. This means a long commute to work for me (about the same for DH) lose of gym membership and pool membership and possibly a new daycare.
Staying put isn't an option since our landlord is moving back in.
Thanks!!
This discussion has been closed.
Re: NBR- Housing opinion- help!
I would do option 2.
When A was about 19 months, our landlords sold their house and gave up 30 days to move. It was very stressful packing up and trying to find somewhere to live in a month. We ended up taking an apartment that was great except that it isn't in an ideal location and it's on the 2nd floor and my kid is very active. I can't imagine trying to do that in 2 weeks if she doesn't get the townhouse for any reason.
Also, I've rented from family in the past (ILs). It did not end well and we have a very broken relationship as a result. It probably can work, in some instances, to rent from family, but I would never do it again and really caution against it.
I was gonna mention this... I have no experience renting from family, but I have multiple friends that have done this and it never ends well. Either the owner wants to move home and the renter doesn't want to move out, or the owner wants to raise the rent, or the renter needs to break the lease for some reason and then the owner is left in a lurch... it always starts out with good intentions but it never seems to end well. Going off my friends' experiences, I would shy away from renting within my family unless I had absolutely no other options available.
<a href="http://www.thebump.com/?utm_source=ticker&utm_medium=HTML&utm_campaign=tickers" title="Pregnancy"><img src="http://global.thebump.com/tickers/tt1bf94d.aspx" alt=" Baby Birthday Ticker Ticker" border="0" /></a>
Option 2. Moving is stressful enough without having things up in the air. And agree with others about family issues.
If you REALLY want to go with option 1, if you don't get the place, I would be prepared to be willing to put your stuff in storage and move to an extended stay hotel for a while (week? month? ugh! uncertainty!) until you can find an apt. As you said what you want/can afford is limited...would you be willing to put your stuff in storage and live in a hotel until you could find another place? Or would you rather compromise and not live in your ideal place? Think of what you would do if you DON'T get your SILs place and have to find somewhere else to live in only two weeks time...