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Posts tagged with: rent

Additional update…


Right after my last post I got a call from the leasing agent with the management company.  She seemed irritated that she found out from the owner’s agent that I was moving out.  I explained to her that I had not yet agreed to move out before the contract termination date of September 24, 2013 but that I was not interested in buying the house.  She wanted to be sure to remind me that I do not have to agree to showings on the house until the last 30 days of the lease.  She then advised that the owner’s real estate agent asked for my number so that she could set up a time to come take a look at the house to determine what needs to be done to get it on the market.

I then received a text from the owner saying April 30 could be the new exit date.  Showings would begin March 1.  I responded I needed to think about it and I’d be back in touch.

I’ve spent a lot of time today doing research and while the rental pickings are very slim if I want to keep the kids in their schools, I am encouraged by the money I will be saving!  As a reminder I currently pay $1795 in rent.  I have two options right now that I plan to look at tomorrow.  One is a rental house for $1,250.  It’s roomy with 3 bdrm/2 bath and 2,600 square feet.  That is a lot of house but it’s a very good area and a decent price.  It would be a $1,250 deposit and another $500 for the two dogs (and yes, I have given thought to the fact that I have two dogs and don’t need two dogs and could emotionally handle adopting one of the two out but for now I am planning on both of them moving with us–otherwise I feel irresponsible and like the grinch). The other option is a 2 bdrm, 2 bath apartment.  The rent is $1050, $500 for the pets but both are permitted and there’s a $49 deposit special going on right now.  The kids would have to share a room but that doesn’t give me much heartburn.  And DD still likes to come hang out with mom anyway. 

Right now I am leaning toward the apartment.  We’ll see how things look when I visit tomorrow.  The other thought starting to gain momentum in the back of my head is to sell my bedroom furniture and my too large breakfast room table for 8.  The bedroom furniture and that table will not fit in an apartment or a smaller house and I simply want to downsize my life!  I won’t rush out to list anything on craigslist but I’m definitely thinking!!!

I really can’t believe all of this is unfolding now and in this way.  I’m doing okay with it all but truly amazed.  I’ll take it as a helping hand from the universe to get me out of too much house and, hopefully, too much debt!

Housing update…


We just got word that our rent will not be increasing this year.  That’s one box checked.  Now we will contact our renters and find out if they will be extending the lease, looking to buy or…gulp…moving out.  At least we got the good news today that our rent will remain the same.  We are entering our third year in this house and the rent has not changed.  I am thankful.

All signs are that our tenants will want to extend another year.  I threw out the idea to Steve that we propose a two year lease on both sides.  Given our debt reduction plan, it would be nice to have a constant on the housing side.  I’m not sure our landlords or our tenants would go for that but it never hurts to ask.  That would get us to credit card debt free without having to think about whether or not the housing cost will increase.

Finally–it is August 16 and things aren’t looking great on the debt reduction for this month.  All minimums are made thankfully but I don’t see as big a dent coming and that is discouraging.  It seems that even with some looking ahead this back to school month is brutal.  In addition to regular school stuff we have registration fees for things like Faith Formation at church and after school programs.  I guess the bright side is we definitely have the money to pay the fees.  Unlike in the past when we would be scrambling to find the money because we had no plan.