Ask Experts Questions for FREE Help !
Ask
    jrsgurl1984's Avatar
    jrsgurl1984 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 26, 2008, 10:13 AM
    What do I do the home I rent is being foreclosed?
    About 7 months ago my children , my husband and myself moved in to an apartment on April 23rd 2008 our landlord told us we have about 4 weeks until we have to be out because he no longer owns the house it now belongs to the bank. He and his girlfriend are harassing us for the rent monet so the questions I have are, legally do we have to pay the rent being that we only have about four weeks? And is there anything we can do to find out an exact date we have to be out? Keep in mind that before the 23rd we had no knowledge of the forecloure we were completely unprepared for all of this.
    progunr's Avatar
    progunr Posts: 1,971, Reputation: 288
    Ultra Member
    		  
    #2

    Apr 26, 2008, 10:17 AM
    The best information I have found for this situation can be found at the following link.

    I hope it provides the answers you are seeking.

    Tenants Facing Foreclosure In Rental Property

    Best of Luck to You!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Apr 26, 2008, 10:23 AM
    Well a couple of issues, if he no longer owns the property, he has no right to ask you to leave, come by, or even come onto the property that the bank owns.

    If it is only in the process of foreclosure and he still owns it, that is different.

    So if he has told you he no longer owns it, you need to find the current owner if that is the bank or whoever and see what they want to do about you paying rent

    Now also are you on a month to month rental, or do you have a lease.
    If you are on a month to month rental, the landlord can give you notice to move.

    If you have a lease, it is valid until the time the foreclosure happens.

    Now if you are staying there, the rent is due and payable for the time you are in the home, so if you owe rent, it is supposed to be paid.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Renter Rights on Foreclosed home [ 5 Answers ]

I signed a 2 yr lease with option to buy. I was only here 6 months before I received the notice taped to my house. The landlord obviously wasn't paying the mortgage with my rent nor did he contact me about this. He threatens me that he'll evict me, however the lease is now voided, so he can not do...

How can I stop eviction from my home that was foreclosed [ 3 Answers ]

House was sold back to lender under foreclosure and have 30 days to move out. Want to keep house (have lived in it over 25 years):confused. What are my options? :confused:

Building I Rent In Foreclosed on & Being sold at public auction--what are my rights? [ 3 Answers ]

I have been renting an apartment in a building that has now been foreclosed on and is being sold at public auction. What are my rights? I was told the current landlords (the ones who got forclosed on) are the ones I am supposed to keep paying rent to for the next 6 months after the sale. That...

Rental Deposit on Foreclosed home [ 9 Answers ]

I currently lease a home that was foreclosed on in Texas. The party that represents the new owner offered us cash for keys to move out in two weeks. The property management company that we dealt with(who represented the foreclosed owner) says that they will waive all deposits and fees if we move...

Landlords home is being foreclosed on. [ 6 Answers ]

I am from Missouri and the owner of the home we are renting is being foreclosed on due to nonpayment. We have been paying our rent on time but we are faced with being evicted. What are our rights and since we have a years lease are they obligated to reimburse us for they remainder 6month lease?

View more questions Search