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    help1222's Avatar
    help1222 Posts: 4, Reputation: 1
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    #1

    Jun 29, 2008, 08:48 PM
    Is it legal to rent prior to a foreclosure?
    This is possibly the strangest question I will ever ask but I really need advice. Due to some family issue we let our home in jan. and have not make any mortgage pmts since then. Up to this point we have yet to be served with papers for foreclosure. Today a friend who knows our whole situation asked if she could live there until they send the foreclosure paperwork. She said she would pay me some rent and in the meantime it would give her some time to save money for a house.

    Is this even legal? Can I do this since I have not make pmts? Please help. It sounds good but is it really worth it?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jun 29, 2008, 08:52 PM
    As for as I know, it is in every state but California, where they have some laws to protect the renter.
    help1222's Avatar
    help1222 Posts: 4, Reputation: 1
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    #3

    Jun 29, 2008, 08:58 PM
    Quote Originally Posted by help1222
    This is possibly the strangest question I will ever ask but I really need advice. Due to some family issue we let our home in jan. and have not make any mortgage pmts since then. Up to this point we have yet to be served with papers for foreclosure. Today a friend who knows our whole situation asked if she could live there until they send the foreclosure paperwork. She said she would pay me some rent and in the meantime it would give her some time to save money for a house.

    Is this even legal? Can I do this since I have not make pmts? Please help. It sounds good but is it really worth it?
    But the "renter" knows the whole situation and won't sue. Does this matter?
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