Average rents were 2300 to 2900 per month in their rent to own home? And they couldn't cut it? Then they turn around and rent an apartment for almost twice that? Not that it has anything to do with the out come of this case. Just trying to understand. I listened to CJ's testimony and agree with the above poster. She sounded sad that they lost it. She thought it was there settling down point. And then all the uncertainty returned. MOO.There is no way to know the details of their rent-to-own agreement, unless the former owner or CM wants to make the info public. It's not that different from any lease agreement for a home or apartment. I can only guess, based upon experience and property records. They were not the buyer in 2006 @$505k and they were not the seller in 2009 @$226k. Average rent for homes in that area, at that time and of similar condition, averaged $2300 - $2900 per month. Their apartment was smaller and had more amenities, but most people form an attachment to a home they own vs. an apartment, where you will only live temporarily. Living in CA is much more expensive than most of the U.S. and owning property is a better guarantee against rising inflation. It would also be unfair to assume they were paying the current market rent at their apartment. I don't know when they moved in, but they may have signed a lease for much less. jmho
Their settling point.
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