trouble finding a place to rent?

[IamOld]

Oh man...just reading that scares me...

[tobee43]

Wow - that'd be $6K - which may be doable if the place pays for relo - w/out which I cannot go anyway.

yes, i know......however for us that was less that two months mortgage payment. of course we down sized by more than half.

[IamOld]

Wow - that'd be $6K - which may be doable if the place pays for relo - w/out which I cannot go anyway.

[tobee43]

Guys, I have a similar question - I may - EMPHASIZE MAY - possibly get a new job in NC - that would pay nicely and have other income - credit sucks, waiting to file...because for NC my income is "high" I could give any landlord (I almost fainted how "cheap" the rentals are there compared to where I live!!!!) say two months deposit in CASH - do you think that would...make people more...reasonable???

i think 6 months may be more appropreiate.....yikes

[IamOld]

Guys, I have a similar question - I may - EMPHASIZE MAY - possibly get a new job in NC - that would pay nicely and have other income - credit sucks, waiting to file...because for NC my income is "high" I could give any landlord (I almost fainted how "cheap" the rentals are there compared to where I live!!!!) say two months deposit in CASH - do you think that would...make people more...reasonable???

[tobee43]

i HATE the suggestion, however...a co-signer may have to sign for the new rental...

never a good idea, however, when push comes to shove...sometimes ones' got to do what one's got to do...

[ryan]

So if they took possession on 6/1 we could be evicted by 6/6.

So would it be worse to try to rent with an open bk or an eviction? Blech. Terrible options.

.....my personal opinion only, I think the worse one would be trying to rent with an eviction.

EDIT: just had a thought. Call up 5 rental apt places. Tell them you are doing some scouting for your brother/sister/ friend whatever....ask them what will impact their chances of getting an apt there more, an eviction or a bankruptcy? ....whats the harm in asking? then you have a little survey results to use i deciding.

Good Luck!

[october99]

I think you will have a very difficult time trying to rent while in active BK. Any chance you can stay put until its discharged?

I was supposed to file in January and the timing would have been much better, but wasn't able to file until the end of Feb. I thought we would be able to wait it out until discharge, but the mortgage lender filed for relief of stay last week. If they move along as they have been then the house could go to auction 5/2 and then have to remain open for 30 days. From what I understand they can evict you pretty quickly where I live. So if they took possession on 6/1 we could be evicted by 6/6.

So would it be worse to try to rent with an open bk or an eviction? Blech. Terrible options.

[cory1848]

I am really worried about this as well. We are moving a few states away. The house will be in the middle of foreclosure and I'll be post 341, but not discharged. The bk is in my name only and I have steady income, but my spouse (who's credit isn't too bad) is unemployed.

It's nerve wracking for sure, the unknown of it all. I am prepared to offer more money up front and have a co-signer willing to help if needed. Unfortunately, it appears there is a dearth of rentals in the area we're relocating. *Sigh*

I think you will have a very difficult time trying to rent while in active BK. Any chance you can stay put until its discharged?

[tobee43]

Yes I agree that meeting in person would be far more effective than just calling them.

yes, that's exactly what we did......and when they saw the cash, they were fine.

[october99]

I am really worried about this as well. We are moving a few states away. The house will be in the middle of foreclosure and I'll be post 341, but not discharged. The bk is in my name only and I have steady income, but my spouse (who's credit isn't too bad) is unemployed.

It's nerve wracking for sure, the unknown of it all. I am prepared to offer more money up front and have a co-signer willing to help if needed. Unfortunately, it appears there is a dearth of rentals in the area we're relocating. *Sigh*

[tobee43]

interesting thing about craigslist.....i got some really nice pieces of furniture from the list...however, up north it was nothing but a rip off place...now my dd says in NC....the state even uses craigslist to list jobs!!!!

so far we had great luck here...but we felt "safer" going through either a Realtor or management company.......however THIS house we found on our own.......it was owner owned and we did a rent option to buy and exercised the option in dec. .....we closed and now own the house feb 15, 2011....so it really worked out.

however, as hhm......pointed out in another thread, owner rent option to buy....100% owner fianced properties are not a dime a dozen. however, at this point for some reason, even one of our best friends ....were Brits..owned 2 properties here and have been going back and fro to England since 1990...until NOW...it appears for some reason there is a mass exodise going on here and many Brits are leaving for Spain...most own their homes...so i think in the middle district there are going to be more opportunities happening in the future to rent with an option...at least i hope so ...that way more people will be able to buy again.


i just told the owner up front what was going on with us........and we had cash ....he didn't care...took the bucks...and it worked out well for both of us.

i wish you the best of luck...make sure you keep in touch and let me know how you're doing with it!

[StEt0417]

[QUOTE=tobee43;505229]we are in florida as well.........i don't know where you are, however, where we are there are so many vacate places...(not in our town, but in surrounding areas)...they have people hanging out in the streets attempting to rent apts and houses....

we rented here PRIOR to our filing.......we did immediately upon making the decision we were going to stop paying our mortgage....that way we had no problems with the credit...and actually....in this area i think if you worked it out with the landlord...ie. a larger CASH deposit..(with giving you a receipt of course).

We are in S. fl but looking to move to the west coast of Fl. We have a lot of vacate houses in our neighborhood too and it seems like they get rented to anyone that can find!

Ok so when we go and visit the houses for rent at what point do you tell them your situation? I just called a couple places on craigslist, I found a lot on there that where managed by compaines and only a few homeowners. Im just wondering how long i should give myself to find a place to rent once we file?

[cory1848]

no....here's why......a couple...one of best friends are Brits......they own two homes here........we have been very close the past year....all of a sudden they announce they are OUT OF here!!!!!!! they went to spain...claiming the our government will not allow to stay....WHAT??? you can get duel citizenship....since they were claiming they would now lose their medical...it made no sense to me.....but they were out here like bats out of hell.

Well that doesn't speak for all of them.

[tobee43]

no....here's why......a couple...one of best friends are Brits......they own two homes here........we have been very close the past year....all of a sudden they announce they are OUT OF here!!!!!!! they went to spain...claiming the our government will not allow to stay....WHAT??? you can get duel citizenship....since they were claiming they would now lose their medical...it made no sense to me.....but they were out here like bats out of hell.