acmis001
Jan 3, 2007, 01:08 PM
I have a 5 year lease for a bar and grill. I've been misled several times by the leasee. Is there any way I can find out if she is going into foreclosure.
Cvillecpm
Jan 4, 2007, 07:58 AM
If you are the TENANT, you are the LESSEE. If you are the LANDLORD, you are the LESSOR.
You can check local recorders office for foreclosure actions.
ScottGem
Jan 4, 2007, 08:00 AM
If you can find out who holds the mortgage they might tell you. You might also try checking her credit report.
Fr_Chuck
Jan 4, 2007, 09:05 AM
In general actual foreclosures will be public record, filed in the court house,
If they are merely late, and the lender is thinking about it, I doubt you can find anything out unless the lender would tell you, which is doubtful.
If you know who the lender is, and it is going into foreclosure, you may be able to work out a deal to buy the property