I need some opinions here.
I told you that the pink-haired people are trying to back out of the 2 year lease that they signed with us. Upon hearing this, we told our realtor that we had better get our house on the market immediately and try to find new renters--and we also told him to let the "renters" know that they could "buy" themselves out of the lease by paying four months rent or (and this is the option our lawyer advised) they could pay monthly until we (or they) find new tenants.
Also, just to update--when they were entering into the lease, we lowered the price to their requested amount, agreed to move out earlier than planned (even though that meant changing our closing and move-in date) and we started packing up our house--so now there are boxes, etc. everywhere which will all have to be dealt with before we start showing it again. Not to mention, the time we had the house off the market was probably the last week where potential renters for September 1st would be looking.
So today our realtor forwarded this email from the renters' broker to us (obviously I'll change the personal information in it) and--OMG! It's the most insulting thing ever! The realtor is basically saying that her clients are destined for sainthood and we are money-grubbing monsters.
Here--read it for yourselves (just for fun I'm going to highlight all the insults in blue!):
"Hi Peter,
Thanks for your email and thank you for helping to find a fair resolution on the lease of [house]. I always know that you are doing the best you can and I appreciate your professional efforts on this one.
I think it would be appropriate to share with your clients the situation my clients, the L------s are in. They too are feeling the effects of this market - the financial impact and the emotional impact.
The L-----s purchased their home 2 years ago for $1,325,000. Now we are on the market for $995,000 and have entered into a contract for a normal negotiated price off that list price. The L----'s have lost approximately $400,000 in this deteriorating real estate market.
That being said, they have weathered this transaction/situation with grace and dignity - not blaming anyone - just accepting the situation as out of their control.
We entered into a contract for the sale of [their house] - twice. The first time within 10 days of listing the home. The buyers were from North Carolina and their plans changed and backed out of our sale for personal reasons. After 3 weeks of being under contract, we had to go back into the market. There was no financial reimbursement for time lost. We then entered into a contract with a family who was very well qualified financially - they had already closed on their home - and their mortgage contingency was more or less a formality. We were, as you know 4 weeks from closing and on Monday the buyer of our home lost his job. He is probably in his mid to late 50's and we know that can be tough. They notified us on Monday that they could not proceed with the purchase of [house].
Peter, I would like you to know the response of my clients
....After an initial pause and "Oh Shit", they expressed their concern for the buyers - wondered how they were doing - felt compassion for a professional who still has a child in college and has now lost his job. There was no discussion has to how we could "screw them" for some piece of the earnest money or make the resolution of this transaction difficult. All this on top of the fact that now we have to go back into the market - yet again - in August of all times. It has been very difficult for my clients as well.
I share this with you because, on the other side,
we were all quite shocked to get a different sort of response from your clients when we let them know that we needed to get out of the lease. I know we cannot expect everyone to be understanding, but we can hope that all involved understand the tough environment we are all operating in. It is sad that a man/husband/father lost his job; and it is unfortunate that we have had to "sell" [their house] twice because events outside of our control have transpired; and we feel very badly that after 6 days from signing a lease we are asking to be able to get out of the lease for unfortunate events outside of our control. We entered into it in good faith and we are asking your clients to release the L----s in good faith, under the circumstances. The L----s cannot afford to execute a lease and simultaneously make mortgage payments on [their house].
It seems to us fair that since your clients were only out 6 or 7 days of rental listing time that the L---s reimburse your clients for 1 week of rent (approximately $1075). Although we believe that is the fair option, we are willing to offer your client instead 1/2 month rent or $2125. This give them a bit extra for any inconvenience during those 6 days.
Thanks Peter for handling this on your end.
Linda"
So this woman attacked our character! So far this deal has been all about THEM--they want a lower price, an earlier date--and now--to be let out of the lease! I told my realtor that we would be more than happy to let them out of the lease--once we (or they) find us new renters.
Is this unreasonable?
And frankly, I would have been WAY more inclined to let them out if we hadn't received this personal attack! Now we're mad.
So please--I'm interested--what would you do??