
Whatever a decision is, I can cope with it, or, I always have found a way to cope with it. And, the truth is, I don't hate making decisions, I can be as decisive as the next person. The truth is, I hate the process of making a decision. Hand me about 3 pieces of pertinent information, give me 30 seconds and I'll make any decision. And then, right or wrong, I'll live with it. But the truth is, very often, making a decision is part of a process which takes time (or should.)
There's the information seeking/gathering process (do I sound like a librarian or what?) and then the information has to bubble and churn until it turns into knowledge. This is where I lose it generally speaking. I want to hear the problem, turn around, click my heels three times and make a decision. I HATE living in the unknown. I'd rather have a decision I hate than to live in the dark without knowing. I'd rather the teacher grade the test NOW than wait until tomorrow even if she's going to give 30 extra credit points only tomorrow.
I remember playing hide and seek when I was a kid. Close your eyes, count, seek, find. Eventually, most are found, there are a few stragglers out there somewhere but most are accounted for. Cool, I found 8 of 10, everyone come alle alle incomfree now! No no! the other seekers said, "Look a little bit longer, we'll find them!" Not me, I wanted the round done so we could move on to the next round. What's ten hiders found versus 8 hiders found? We sought long enough, now it's time to move on!
And so my friends, I'm curious about a couple of things. Yes, during this post I'm going to ask you what YOU would do, but I'm more curious about the process of how you would arrive at that decision. Don't go too quickly just because it's rhetorical - really, let me know how this would flow for you. Deal?
You'll all remember reading about some of my housing difficulties here, and here. A couple of you were kind enough to email and ask me how it had all turned out. Thanks! You'll likely recall that I evaded the question. I evaded the question because as soon as I let myself ask the question, I have to find the answer, now. Somehow the question has been asked. I can't remember who to blame for that, but I don't suppose I can wait until the day the lease is up to let the question be asked so here's the real skinny.
It turned out, in the process of getting all of that resolved, that my landlord had rented to two families where only one was allowed. My (rented) house is a single family dwelling, not a duplex. Thus, the basement sits empty without a renter and my landlord loses about a grand a month in income.
So, I would imagine, wouldn't you? that he will ask me to leave when the lease is due for resigning so that he can rent the home to someone who can rent the entire place. Because I can never let things bubble and churn, I decided to step up and face this looming question. It is uncharacteristically of me to take initiative, to step the first step but I just decided to ask the landlord what he anticipates happening with this house. He told me that he wants me to stay here and that I am welcome to get a roommate in order to make up the missing grand once the lease expires. Then, he will rent to me for the full amount that he would have made for renting two apartments. That's pretty much the answer I anticipated. So, while bummed out, I wasn't surprised. I stewed on it for the evening, and even tried to imagine living in a new house which I'd come across in the listings. Then, the next day, something curious happened. This is where I'm really curious to know what the rest of you think:
I felt like the Universe had opened up and sent me a message. The message descended on my sleepy brain from out of nowhere. "Ask the landlord for a land contract. Then, you can get your own renter, maintain your home and eventually, as the contract draws to a close in five years, you can mortgage the property yourself." Wow. This was like those billboards that sprouted up in Indianapolis when God sent the people messages, "Do I have to come down there?" I mulled it over for a bit and though presenting such a proposition would take more humph! than I usually have, it would be beneficial to both parties. This is how I saw it:
- I get to stay here in a place that really feels like home to me
- I can invest emotional energy in the garden and landscape
- My grandkids can continue at the same school
- The landlord will be alleviated of responsibility. I will carry the risk and he can relax and enjoy his extended time out of the country.
- I can choose the tenant in the basement (the code provides for landlord occupied rental agreements)
- If I remain on as just a renter though I might get a room mate, I would be the renter of record and thus responsible for any rent owed by a second tenant should they flake out. That's worth it if this is an investment in my own home, but not for the landlord's benefit - just means I am doing his job and taking his risk with no benefit.
- Hopefully at the end of the contract I can swing a mortgage
- Land contracts are never, no way, no how, beneficial to the buyer. Never.
- This landlord hasn't exactly been forthright and honest with you in the past, why would you wish to engage in a longer relationship with him?
- What if something goes really wrong? Like, the plumbing or electricity blows up?
- That house is ugly, you'll be tied to it!
- You should have 20K in the bank to cover the "what-ifs" that may go wrong, and if you had that 20K, you'd not be wanting a land contract (which we all know is never good for the buyer).
- This is a great plan, I think you should present the plan and do your best to see it happen!
- You are paying way too much for that house, don't let him get you to pay even more.
I am curious. I hope you'll play along - tell me what you think and why. In the end, I'll do what I want anyway - but I might learn something about how to get there!
LeeA














