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    jmitchell023's Avatar
    jmitchell023 Posts: 1, Reputation: 1
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    #1

    May 13, 2008, 09:10 AM
    Forclosures and tenants
    I found out through a realtor, who had called to ask to show my home, that the house I am renting is in foreclosure and that I probably have only a couple of months to get out. Can I legally stop paying rent until I find a home?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    May 13, 2008, 09:55 AM
    Quote Originally Posted by jmitchell023
    I found out through a realtor, who had called to ask to show my home, that the house I am renting is in foreclosure and that I probably have only a couple of months to get out. Can I legally stop paying rent until I find a home?


    Not unless you want to be evicted in 30 days - give or take.

    The answer is, no, you continue to pay rent.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    May 13, 2008, 09:57 AM
    You owe rent to the legal owner of the property. Unitl you are officially informed that the property has changed hands you are required to continue to pay rent to the owner.

    Why not see if the owner will assign the mortgage to you rather than lose the property entirely.
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