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

    Jun 13, 2009, 04:58 AM
    Does a renter have any right if a house is going into foreclosure
    I currently live in a home that I am renting and the owner just put the house up for sale {short sale} without any notice well with a little investigating I found out he is behind in mortgage payments of close to $4,000 and have heard he has lost a previous house. Well me and my family are still in the home as there is a for sale sign in our front yard. We have questioned him and asked is the house going into foreclosure he says no but I know he is lying. Do I have any rights that can help me I think he is taking my monthly rent and keeping it why else would he be so behind. Finding another place to rent quickly with five kids is hard to do when you are still paying 900 to the owner everymonth and I am low income any insight someone could give me would be great I don't want to end up on the streets with my kids.
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
    		  
    #2

    Jun 13, 2009, 05:49 AM
    At the top of the Real Estate Law forum there is a sticky post about what tenants can/should do when a foreclosure has begun. You can read it at https://www.askmehelpdesk.com/real-e...re-316199.html
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jun 13, 2009, 06:10 AM

    Under new Federal Law (since May) you have to be given 90 days after the foreclosure before you have to vacate.

    Until a foreclosure is finalized, you have to abide by the lease.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #4

    Jun 13, 2009, 11:53 AM

    Unless you live in California, there you do not have to pay your rent while they are in foreclosure.

    Everywhere else you have to keep paying rent ( what he does with his money is not your business really)
    You legally owe him the rent and can be evicted if you don't.

    If you think finding a rental is hard, try to find one with an eviction on your record.

    If the house sales, they will have to honor the lease
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
    		  
    #5

    Jun 13, 2009, 12:55 PM
    Quote Originally Posted by Fr_Chuck View Post
    Unless you live in California, there you do not have to pay your rent while they are in foreclosure.
    Chuck, what do you base this on? ScottGem and I have searched like crazy and found nothing that backs this up. Please let us know so that I can make any necessary corrections to the sticky post.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #6

    Jun 13, 2009, 03:13 PM

    Working on finding it online, it was mentioned on the Clark Howard Radio show a few months ago.
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 for 3 years,no lease but house is now in foreclosure [ 1 Answers ]

We have lived in our house for 3 years now,we currently do not have a lease and haven't had a lease for 2 of the 3 years we've lived here.about 4 months ago we received papers hand delivered about foreclosure on the house we rent.we contacted the landlord about it,he said he just couldn't do it...

Attorney forced house to foreclosure, helped renter buy it at auction for profit [ 14 Answers ]

Attorney forced house to foreclosure, helped renter buy it at auction for profit Is it ethical for an Attorney to force a house he doesn't own into foreclosure, then help the renter buy it at auction? I bought a house several years ago (Sept 2001) that I was going to fix up and sell....

Renter in foreclosure [ 1 Answers ]

I am renting with a lease and the owner is in foreclosure and now she is filing chapter 13 and now she said its all OK and wants the check for rent whey do I do? Its still in foreclosure and she is in defualt since Jan 2008 and made us sign a lease and raised our rent and I told her that am not...

Renter in a foreclosure house, Do I need to pay rent? [ 2 Answers ]

I just received a notice on my door that the house I am renting is going up for auction. My landlord had never given my any notice of the situation. Do I have to keep paying rent?

Renter in a foreclosure house [ 4 Answers ]

I am a renter of a home in Arizona. My lease is through November 2007. The owner passed away. The family informed me that the house is going into foreclosure if they cannot sell it. If the house goes into foreclosure can the bank break my lease?

View more questions Search