Today my husband spoke with the house people. We are scheduled to close July 10th (Day 68.)
We won't have a mortgage payment until September. We will, however, have rent on our apartment, as the lease is not up until October- but I can't remember if it ends at the end of September or end of October. We're still trying to figure out the breaking-the-lease rules. So far it sounds like you have to pay rent on all the months remaining in your lease, plus an 85% breaking fee. I spoke with a friend who worked at an apartment complex. She said the smartest thing to do, if we are close to the scheduled end of our lease, would be to pay the rent each month- even if we don't live there. And not mention that we don't live there. As long as the apartment complex receives all the money it was contracted, we shouldn't have to pay the breakage fee.
Monday, June 15, 2009
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