Step 10 – Give Notice to your Landlord if You’re Renting

Step 10 – Give Notice to your Landlord if You’re Renting

Step 10 to Buying Your Home – Give Notice to your Landlord if You’re RentingIf you’re renting your current home, congratulations on making the big steps towards homeownership. You are obligated to give notice to your landlord or property management company. Depending on your individual lease terms, you may need to give 30-day or 60-day notice of your move before your lease term expires. If your lease isn’t expected to expire soon, you have a couple of options.

You can maintain the monthly rental and your mortgage while you settle into your new home, or do repairs before you move in. This is a great option if you don’t want to rush, or if there are major projects you wanted to take care of before the official move.

Or, you can try to push back the close date to be closer to the end of your lease. This is a more feasible option if you’re just a few months out from your termination date.

You can also, if your lease allows, terminate your lease early, and pay the lease break fee. These are all options you can discuss with your landlord and with us before making a final decision.

Have a question, I’ve got an answer. Give me a call at 703.539.2053 or email me at Abraham@AskAWalker.com.

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