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Courtney's Blog

By Courtney | Other/Just Looking in

Lease Purchase Agreement Help!

I am in a Lease Purchase Agreement for a property in the Fishtown section of Philadelphia (19125) and I no longer wish to purchase the property. 

The agreement does not end until September 2016. Since moving into the property in October 2011 I have spent thousands of dollars on everything from cleaning, painting, replacing the hot water heater, replacing the toilet, etc etc. Bottom line, I don't have the money for this and realize I have gotten in over my head. 

I am currently living in Austin, TX and in discussion with my company on moving to India. I do not want to let a house get in the way of my career/life. I am subletting the property to a couple and two young women and they are all unhappy with their living situation… I fear they may put in their 30 days notice to me any day now. 

What can I do?! HELP!

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