All Forum Posts by: Faris Wright

Hi all, curious on any advice or tips here.  Inspection was schedule for today but when the inspector / my realtor arrive the power is off.  They also noticed the furnace and hot water tank is missing / stolen.  Seller agreed to install a new hvac, hot water tank, and furnace before I can do the do the inspection now.  So the inspection is pushed back 10-25 days until those items get installed.  Sounds good since everything will be brand new but is there any other leverage I have.  This could take 2-3 weeks to get done since the seller is out of the country.  Can I get them to come down in price or get them to install motion lights / fake cameras?  What should I do?  Be nice to get them come down in price or give me seller credits.  Bonus is I am getting new HVAC, Furnace and hot water tank.  Just trying to see if I can use this to leverage my deal in any way.  Thanks.

My long-term tenant wants out of his lease due to his adult son passing away. The son lived with him, was a co-tenant on the lease, and was the main person making the rent payments. Before passing, the son scheduled the next month's payment but it hasn't deposited yet (it should in a couple of days). The tenant claims he's under financial stress due to being out of work after an injury and is struggling to get the funds together for the funeral services. He asked to be released from the lease in 30 days (at the end of the month). 

I, of course, feel terrible about the situation and would love to help if possible. The lease stipulates a $3,000 early termination fee which I am considering waiving in order to help him out. However, I cannot find any record of the death online (obituaries, coroner's list, etc.). Is it okay for me to ask for proof of death? I don't want to be insensitive. 

Also, is he entitled to the security deposit (minus any repair expenses)? Or does he surrender that because of the early termination?

Thank you!