Owners cannot collect rent on property in foreclosure. That being said a lot of them still do.

Go to the county recorder's office and look up your property address. If a Notice of Default has been filled write down the date. The owner has 90 days to cure (pay, sell, refinance, or modify) with the lender.

If that doesn't happen the Notice of Sale will be filed. If you see a Notice of Sale it will have a sale date listed. When the home goes to sale you will be notified by the purchaser or the lender (in the event it doesn’t sell) that you have 3 days to quit the premises. Some lenders may give you more time but you can’t count on it.

The land lord is supposed to notify you of impending foreclosure. Many do not and keep taking your money.

Do your own research today! You could be out on the street in fewer than 21 days.

Best wishes.

Todd Scott
Senior VA FHA Loan Specialist.
iFreedom Direct
tscott@ifreedomdirect.com