We currently rent a 2 bdrm apartment from the Irvine Company, our lease ends in mid-May of this year. We are considering signing a purchase agreement on a new construction home, which has an estimated closing date of Mid-October. To give a little buffer we would be looking to sign a six month lease that takes us through mid-November.
When we moved into this apartment we were told we could renew our lease or go month to month - which turns out is true BUT we will be charged our rent + 30% for a month to month lease. This is out of the question - an insanely unfair fee which also negates our ability to meet our savings goals as we approach closing. We're still investigating what a 6 month lease at our current place will cost. In the meantime - any suggestions for looking for a non-year long/sort of short term lease? Any other general advice or takeaways about the rental market in Irvine? When we moved here from outside the area the Irvine Company was really the only viable option since we weren't in the area.
When we moved into this apartment we were told we could renew our lease or go month to month - which turns out is true BUT we will be charged our rent + 30% for a month to month lease. This is out of the question - an insanely unfair fee which also negates our ability to meet our savings goals as we approach closing. We're still investigating what a 6 month lease at our current place will cost. In the meantime - any suggestions for looking for a non-year long/sort of short term lease? Any other general advice or takeaways about the rental market in Irvine? When we moved here from outside the area the Irvine Company was really the only viable option since we weren't in the area.