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Can't buy, can't rent, can't pitch a tent!

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Established Member

Re: Can't buy, can't rent, can't pitch a tent!

Yes, You are correct. I called HUD and complained. They said Michigan law says the max rental deposit (NO RETAINERS ALLOWED!) is 1.5 months.

Message 11 of 14
Senior Contributor

Re: Can't buy, can't rent, can't pitch a tent!

Any chance you got the wonderfully expensive offers in writing?

 

If yes, you have the ammunition to file complaints.  And I would take it a step further - go back to them and say I want to rent.  I know the law says this and I know I qualify to rent here - you told me so yourself.  So let's make a deal.  1.5 rent as deposit.

 

It's worth a try.

Message 12 of 14
Established Member

Re: Can't buy, can't rent, can't pitch a tent!

My law enforcement days are long retired; they didn't give proof, that was one of the main reasons I started calling all the autorities in the first place!

 

 Good news though! A relative was complaining that an investment was only paying 2.9%, I offered 6% on five years to pay cash for a house! Without going into too many boring details, he took it. I added him to my life insurance  policy, we close in 2 weeks! (Whew, two weeks to spare! That was too close!) . Win-win for both of us. Having it all drawn up legally so we both maintain the win-win!

 

Message 13 of 14
Community Leader
Super Contributor

Re: Can't buy, can't rent, can't pitch a tent!

Nice going, props to your relative.

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Message 14 of 14
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