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

    Jun 26, 2008, 10:49 AM
    Landlord getting foreclosure notice
    I have been renting a townhouse in NJ for over two years. My landlord owns several properties. Recently he has been getting notices regarding foreclosure help. I believe he was also served papers. When questioned, he denies this, although I don't believe. What should I do regarding the rent? Should I save the monthly rent for moving expenses? My security deposit is in an escrow account. Should I contact the bank to make sure that money is save? It is over $4000. Once a property is foreclosed, how much time do I have before I am evicted?:confused:
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jun 26, 2008, 04:42 PM
    As long as they own the property, you have to legally pay your rent or you can be evicted. Yes I would check to see if the money is there
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