Sunday, April 27, 2008

Between Rent and a Hard Mortgage



It really sucks. For months now, I've been hoping to move into my dream condo, the humble but rather desireable Casa Desa, yet the all-important date of vacant possession hasn't been announced.

The problem is simple. My current tenancy agreement in Danau Impian ends on the end of May and I have to move out because my landlord knows I'm going to leave soon. Thus, he's lined up a poor, innocent tenant who's willing to pay much more than I am at the moment. This guy has promised to move in by the first of June. So you can see the incentive to kick me out even more!

Trouble is, Casa Desa may take an additional month to complete by unofficial sources. That leaves me with one month in limbo and exorbitant moving fees. And then what if the Casa Desa delay takes even longer?

To make it worse, my not-so personal bank started hitting me with the Casa Desa mortgage in January already. The sly bastards! No letter, no email or phone call even. Maybe it's a new plan to cut down on the killing of trees. But that doesn't make sense because they continue to send my flyers each month, urging me to spend more on my credit card so that they can make more money out of me on overdue interest charges. Maybe even late payment fees. Boy, when this bank advertises its service as 'made personal' they really mean they want to take it out on me personally.

Okay, don't get me started on banks already. I could write a book on their half-truths and half-baked promises.

Anyway, the bottom line is that I'm now paying rent and mortgage each month with the looming threat of being evicted and nowhere to go except maybe my parents' penthouse nearby (hey, where else can I move stuff in and rent short-term?). They won't be amused.

But neither am I at the moment. Such is life when making the transition from tenant to landlord/tenant. More on this soon, but hopefully just good news.