Foreclosure in 33312>Question Details

Marsha, Renter in 33312

We've tried that already. Now the bank owns the house and they are offering us money to move out. No date given yet. What should we do?

Asked by Marsha, 33312 Sun Nov 21, 2010

Help the community by answering this question:

Answers

6
Take the money and move out. Otherwise you will be evicted and get nothing. Make sure who ever you rent from will report to credit, so that you can start rebuilding.
1 vote Thank Flag Link Sun Nov 21, 2010
Usually when they offer you money they give you a date,call your lender for this information and move
out this property as soon as possible to be able to claim the money .

Sincerely,
0 votes Thank Flag Link Sun Nov 21, 2010
If you are being offered an financial relocation agreement, then you can suggest a date to the bank. Choose a date you feel comfortable with that will give you ample time to vacate the property.

Please read my blog on tenant rights after foreclosure
http://www.trulia.com/blog/DesariJabbar/2010/10/tenants_rent…

Best of luck to you!
Web Reference: http://www.DesariJabbar.com
0 votes Thank Flag Link Sun Nov 21, 2010
The other option is to take the money the bank offers and move somewhere not in foreclosure. It may help you make the necessary down payments on a new place.
0 votes Thank Flag Link Sun Nov 21, 2010
Pennie is right. Try to make an offer directly to the bank, if the bank still refuses, try to find a good real estate attorney maybe he will be able to convince the bank to accept your offer as long as you offer a fair market value.
0 votes Thank Flag Link Sun Nov 21, 2010
You can make an offer directly to the bank to buy the house. That saves the bank the hassle of trying to fix and sell the home.
0 votes Thank Flag Link Sun Nov 21, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer