has the lender foreclosed on the house yet? if not there may be a way for you to purchase the house. or you can contact an investor that can purchase the house and give you a bonus for a referral.

Hi Carrie;

I handle a lot of foreclosure listings, and have had to deal with a lot of renters in your situation. Here is the process pretty much in a nutshell.

Margaret is SO correct, do NOT pay any more rent. Save the funds to move.

If the home has not been forecosed on yet, you have obviously until the time it is foreclosed on and then some. The bank foreclosures normally happen on the 1st Tuesday of every month. So if the home is foreclosured on February 3rd, and the bank get's it back (meaning no one else bids on the home) they will give it to a Real Estate agent that week (most likely). That agent should contact you about a possible Cash For Keys situation, meaning that if you leave within the alloted time (normally 2 weeks) and "Clean Sweep" the house, they will give you some money to turn over the keys. So all in all you have almost a solid month to move IF it forecloses in February. IF the home is bought by an investor at the court house, then they will need to start eviction proceeding, which normally takes about 3 weeks to be able to get into court. You may be able to work out something with that party as well.

If you have any more questions, please feel free to email me anytime.

Carrie,
You are not or should not be paying anyone any rent now. So why take too much advantage of this. Take the month to save the security deposite, start looking for another place and move. That way you will not be forced to move out when someone shows up at the door.
Margaret