Ask Experts Questions for FREE Help !
Ask
    ddentonmo's Avatar
    ddentonmo Posts: 2, Reputation: 1
    New Member
     
    #1

    Jan 19, 2012, 09:03 PM
    Questions asked of tenants of a foreclosed home virginia?
    We are renting a home in va. Paid rent in Oct. We got a notice that the home was foreclosed and purchased in a foreclosure sale by a bank. We received a 90 day eviction notice from the bank. We did not pay rent in nov and dec because we did not who to pay. Just received a letter from former owners that we have to pay back rent for two months or 5 days to vacate the property.
    Who do I pay rent to and can the former owner evict us before the bank. Please need answers, am totally confused. We have paid rent on the exact day it was due for 6 years to same landlord and we won't get a letter of recommendation from them until all back rent is paid. Please help
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Jan 19, 2012, 09:11 PM
    The prior owner can not evict you any longer if the home sold to the bank.

    You had no right to not pay rent, to the old landlord, until the day of the sale, so if you were not paying him rent, he can sue you in court for full payment, late fees and damages for refusal to pay during the last two months.

    So while he can not evict you, he has no standing now since he no longer owns the home to evict, but full right to sue for his loses.

    And of course you owe the bank rent for the next 90 days, if you do not pay them, ( unless they told you not to pay)
    And if you do not pay them, they may evict sooner for non payment to them.
    ddentonmo's Avatar
    ddentonmo Posts: 2, Reputation: 1
    New Member
     
    #3

    Jan 19, 2012, 09:19 PM
    OK the foreclosure sale was in Oct. and the bank took over the property on Oct. 20 as stated in public records. So your saying we owe the former owners, and not the bank.
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
     
    #4

    Jan 19, 2012, 09:22 PM
    You do not owe any rent to the former owners after the date of the sale. They do not have the right to evict you from the property. Only the current owner can evict you.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #5

    Jan 20, 2012, 04:59 AM
    If you paid the rent for Oct, and the property was sold on Oct 20, then you do not owe any rent to the former owner.

    If you have a letter from the bank giving you 90 days to vacate, that time should be expiring very soon, why haven't you found a new place to live?

    If the letter telling you to vacate didn't include instructions on who to pay rent to, you should have contacted them to ask where to send rent to.

    So I would respond to the former owners telling them that you paid the October rent and were up to date at that time. Since the property changed hands during October, you do not see how you owe them anything.

    As to the bank, you need to be moving right away or face eviction.

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!

I'm a renter in a recently foreclosed house in Virginia. [ 0 Answers ]

I have posted before regarding this situation but that was before I knew what I know now. The house I am renting has been foreclosed upon. We just received this information Monday (although we knew that it had gone to foreclosure back in November-but was then informed the foreclosure had been...

Foreclosed Mortgage/Asked for info from companies Auditor? [ 1 Answers ]

My families home was foreclosed and went through a forced physical eviction, I filed a complaint with the State of Michigan Banking and Insurance regulatory agency over this company over their practices. They have been investigating the company and we have exchanged paperwork a couple of times. I...

Tenants rights in a foreclosure In Virginia [ 2 Answers ]

I entered into a lease in Nov with option to buy in 12 months. I was just told today that the house is being auctioned on Jan 9(which is tommorrow) What are my rights. Basically I need to know how long do I have before I have to move if no one buys the house at auction and it goes to the bank? ...

A Virginia Tenant in a property being foreclosed [ 2 Answers ]

Our family lives in a residence in Virginia. We have a 3 year lease with a private owner/landlord. We found out via public advertisement that the property is going to public auction. We have paid all our rent on time (2 weeks early actually) and have kept the property immaculate. What are our...


View more questions Search