We decided to cut our losses and not extend the contract or accept a new offer, as this has been going on over two months.

Judge gave her one month extended stay and she had to pay me.

Since my rent in the first year was higher than it would have been without the extended lease I was happy with this.

I have one down the Jersey shore that I do where I rent it out by the week during the summer and then rent the off-season for the entire duration between Sept. - May.

This would obviously then impact their investment strategy and they would have to look into a shorter duration loan with higher fees and interest rates aka hard money loan.

They do this to keep buyers from "loan hopping" to someone else.Now when you get a different loan rate mid deal you might have to get the seller to extend your purchase contract or lose your EM if you can't close in time.

I'm moving to a recently purchased 2-family in June and I plan on asking the longer term tenant if they would assume a pseudo-property management type role (cut the grass, shovel/salt walkways, etc) in turn for not raising the rent when we extend their lease in April.I don't think the current value has risen enough to eliminate PMI yet but incentives that's gone it will provide a nice boost in monthly cash flow.

When we first purchased the home we had a 30 yr loan but refinanced into a 15 year loan with the expectation that we would live in the home for the duration of the loan and own the home free and clear.

If she ends up in the hospital for an extended period, you want to make sure he will have access to her money to pay the Rent.  

No lease contains any legally binding language that extends beyond the term of a lease.