I am currently in a home that is being auctioned off on August 20, 2009. The owners of the home claim they still own it, but after talking to the bank they are using I was told that they do not own the home and that it is in fact going to auction and that they are not working with the home owner as the contracts have expired and it is now to late for them. I got the bank info off the county notice taped to our door. They just emailed me and said I needed to pay my rent or move out in 30 days.
my wife and I rented a house jan. 2009 before renting I checked to see if the house was in foreclosure if was not this was in jan. 2009. we moved in and by July 2009 we found out that the house is in foreclosure my question is after the bank takes back the house do I still have to pay the former owner rent.
ive been renting and just found out that for around the last eight months they havent been paying the rent.they are in default not yet foreclosure.the thing that upsets me is that they never said a word about letting it go. they called the next day after we found out from the mail person asking for the rent.we told them i dont think so and then they started studdering.
I am a renter and participant in the Section 8 voucher Program. Yesterday I found out that the owners have not been paying the mortgage and that the property I live in will be sold at our local court house on August 8th. That does not leave me a whole lot of time to try and figure out what my rights are, will I get my security deposit back, how long will I have to move-out or why I wasn't informed of this a whole lot sooner. I notified my Section 8 Housing Counselor yesterday but she needs time to figure out what is going on.
i rented a home about 2 1/2 years ago. i was told the person i talked to and met was a friend of the owner. the wife and husband got married and then needed to rent out the house i'm living in. i met the owner and he seems pretty nice. he signed the lease and i right him the checks every month. but i send the check to this friend that i first met when i got the house. we call her for everything and he gets a hold of this owner and he comes out to take care of whatever there is to take care of.
the landlord hired a property management agent to rent this property, when we asked him and the agent if the property was not on risk of foreclosure, both assured us that the landlord was on time on his payments, however two weeks after moving in a representative from wells fargo knocked at the door and we found out that he was seven!
We rented a beautiful home in Temecula, Ca after selling our home after loss of job 4 yrs ago. We signed a two yr lease and have lived here for one yr. We began receiving mail addressed to the landlord from the county of Riverside and mortgage attorney's, immediately we knew something was wrong. We actually went through a property management company hoping to avoid our biggest fears. We contacted our property management company and they contacted the owners and they verified they were in default.
I'M A RENTER AND THE OWNER LOST THE HOME TO A COURT ORDER AND PROPERTY WAS SEIZED. I MOVED IN ON FEB. 2009 AND RECEIVED A NOTICE IN MARCH THE HOME IS GOING FORECLOSURE. IT SCHEDULED TO GO ON AUCTION 6-18-2009. SO WHAT DO I DO?
Prepared for impending sale and cash-for-keys benefits. Property went back to Lender. Locks changed, personal property removed. 90-day notice given. Illegal lockout situation.
Q and A for tenants dealing with real estate agents after foreclosures.