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View Full Version : Renting in FORECLOSURED house


georgeja
Feb 16, 2009, 05:36 PM
I have received the papers from the bank stating that the house is in Foreclosure I was told by the house manager that the owner did not wish to resign a new contract for one more year I was told that in may of 08 but she told me I can stay until I received paper that the house is in foreclosure well I have 2 weeks after paying JAN rent if the owner agree on a contract later I never receive a copy of contract so do I still need to pay her rent?

ScottGem
Feb 16, 2009, 05:54 PM
You need to pay rent as long as they own the property and you live there. Or until they tell you otherwise.

Fr_Chuck
Feb 16, 2009, 07:41 PM
Unless this is California, you are obligated to pay rent for as long as you are living in the house, since a foreclosure may and can take months and months, it is hard to say how long before the bank takes over.