I haven't been in that situation either but if it was me I would look at moving, if the mortgage isn't being paid either you probably have little chance of anything bring fixed or getting compensation even if you win.
We would rather move, but despite the circumstances, the real estate will charge us lease break fees and no doubt, stuff around finding new tenants in order to keep collecting un-necessary rent from us. They have been far from helpful or supportive of the situation.
The owner having no money will no doubt mean nothing will be fixed and a hearing will need to be heard. We've been told that she will need to pay compensation if we claim, this may mean we will get reduced weekly rent to make that monetary value up (and she won't get her usual rent income), the other option is, our rent will be paid into a special account held by vcat and she won't get a cent until all issues are fixed to OUR standards.
I can't see it being a quick process. I'm concerned about the bank for closing on the home as well, the inspector said should that happen, we will be served a notice to vacate within 28 days
Im very stressed out, I have so many other issues going on, on top of this too
This really annoys me. Time and time again I hear of this kind of thing happening. Tenants waiting months for important things to be fixed. A friend of mine has been in a place also 7 months and her oven doesn't even close properly. She has asked countless times and the owners say it's fine and it works. Theres a 3 cm gap between the door and the seal! So no it doesn't work!
It's really quite simple. if you CANNOT afford or are unwilling to maintain an investment property, DON"T buy one! Sorry, but this issue really boils my blood lol.
I really hope it all works in your favour, none of this is your fault and you shouldn't have to deal with it
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