Is it a good idea to sign a lease when you are short one person?
02-14-2010 at 01:46 PM
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#1
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Is it a good idea to sign a lease when you are short one person?
Hey so my group has found a great house at a good price however one person has backed out. I do plan to sublet to people I know who do coop in hamilton in the summer but I'm not sure about the school year... is it hard to fill the place in august? I'm not too sure because it's a great price and is very nice and everything else I've seen is too expensive or are not great places... Or should we just find another house?
Last edited by sinthusized : 02-14-2010 at 01:49 PM.
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02-14-2010 at 02:02 PM
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#2
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More info on the house?
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02-14-2010 at 02:08 PM
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#3
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Quote:
Originally Posted by blackdragon
More info on the house?
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it's really spacious, nicely done .. even the basement is really nice and the rent is 1500 w/o utilities per month split between 5 people ideally... this is my first time living in a house for school so let me know what you think  |
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02-14-2010 at 03:21 PM
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You're probably safe to sign the lease. You shouldn't have too much trouble finding an extra person, and even if you do 375 isn't a bad price if the house is as nice as you say it is. A lot of people haven't started looking yet, especially first years, so if you advertise well during the summer you should fill it no problem.
I'm still not sure if I'll be staying at the same house I'm in this year, and probably won't know until June. If I end up looking for a place I'll let you know!
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02-14-2010 at 06:28 PM
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#5
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Renounced the commute I see :p 
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02-15-2010 at 06:14 AM
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#6
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Generally there is a scramble in August of people who are trying to find a place who haven't. But that being said, it is still really early in the year to find someone.
Are you guys responsible for rent if you can't find a roommate?
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McMaster Combined Honours Cultural Studies & Critical Theory and Anthropology: 2008
McMaster Honours English with a minor in Indigenous Studies: 2010
Carleton University Masters of Arts in Canadian Studies: 2012 (expected)
We are people of this generation, bred in at least modest comfort, housed in universities, looking uncomfortably into the world we inherit. -- Port Huron Statement
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02-15-2010 at 06:35 PM
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Worst-case scenario, are you all 100% prepared to pay the extra rent if you don't find a person?
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02-15-2010 at 07:05 PM
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#8
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Yeah, as said above 375 is still a great price for a really good house. I pay 395 for my house right now but I love it!
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02-16-2010 at 10:20 AM
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#9
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$375 for a nice room near school is damn near amazing! My boyfriend is paying $415 right now for a crapshack with no working telephone.
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