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Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
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Investors alike....And always with a SMILE :)
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Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
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If you are interested in purchasing the home you should contact your landlord and if he does not respond ask realtor to help you.
If he is behind in mortgage payments it really is none of your business. If he gets foreclosed on you will be notified when ownership changes. You have a lease even if it is month to month. they will not ask you to move but may take over the collection of rent even prior to foreclosure.
Tenant Laws and rights are in the above link.
While you have specific rights, the law protects you in foreclosure also. Know your rights...
Make sure you keep all your receipts of rent paid. The law protects you as a tenant and cannot force you out without court process. You have rights! You should continue to pay your rent to the landlord you regularly make payment to. They still own the home until otherwise you are directed.
I have access to public files and can let you know where and to whom you can direct responses. Contact me directly for this info.
Search foreclosures and short sale here: http://www.BuyNJShortSales.com
"Nobody Sells More Real Estate than RE/MAX"
Search the MLS on your phone by Text: In the subject line on your mobile phone- LSAR1 -to number 87778 ... hit send... A GPS feature for listings at your finger tips
Larry Sarlo When you want it Sold Fast!
609-868-1171 call / text / email 7 days
Here's an overview of the foreclosure process
Here is a link for renters who may hold leases on properties which are being foreclosed.