do you think that you should have more compassion for family?

Deal Score0

ok , this is the deal , i am renting a house from a family member, i pay 1500 , now she told me that she is going to raise the rent to 1900 , and she wants us to sign a lease , and wants a deposit of 1000, and she said that if we dont want to , that we need to move by june 1st , as of right now she is only paying 1472 on her mortgage , and i am a loan officer , i am currently refinancing her home , and when i am done her payment is only going to be 1000 a month , so i asked her even if i get your payments lower , are you still going to charge me 1900? she said yes , so i really just dont know how to feel about this.

1 Comment
  1. Reply
    April 30, 2011 at 12:26 am

    What could she get if she were renting to someone else? Business is business. Most people have rental properties to make money. A lease would protect you as well. Perhaps someone has offered to pay her $ 1,900/month and sign a lease and she is offering you the deal first. Sorry if this sounds harsh, but you are not a guest in your mother’s home, you are a tenant.

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