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New Member
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Aug 16, 2012, 06:12 PM
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If you are paying rent and there is no lease agreement and the home is in foreclosure
We live in a home that we are paying rent for. There is no lease agreement and we found out the house is in foreclosure. Do we still pay rent?
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Computer Expert and Renaissance Man
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Aug 16, 2012, 06:16 PM
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Yes. As long as the current landlord owns the property you pay him rent. He may still avoid foreclosure.
If the house is sold as a foreclosure the new owner must your lease or give you at least 90 days to vacate.
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New Member
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Aug 16, 2012, 06:19 PM
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 Originally Posted by ScottGem
Yes. As long as the current landlord owns the property you pay him rent. He may still avoid foreclosure.
If the house is sold as a foreclosure the new owner must your lease or give you at least 90 days to vacate.
So even though we have no lease agreement written up and the house is in foreclosure, we still have to give this man our money every month?
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Computer Expert and Renaissance Man
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Aug 16, 2012, 06:28 PM
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Originally Posted by Tonya4558
So even though we have no lease agreement written up and the house is in foreclosure, we still have to give this man our money every month?
Of course. You are still living in the house aren't you? Why would you think you are entitled to live rent free?
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New Member
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Aug 16, 2012, 06:30 PM
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Originally Posted by ScottGem
Of course. You are still living in the house aren't you? Why would you think you are entitled to live rent free?
Your right, thank you so much Scott, you have a blessed night.
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Expert
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Aug 16, 2012, 06:42 PM
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Just because they are not paying the loan, does not mean you do not have to pay. You may call and talk to them about it, and just ask if you can pay less or not pay, but as long as you live there you are suppose to pay
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Expert
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Aug 17, 2012, 05:29 PM
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If OP were in California, I think there might be another wrinkle.
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