Danielle, Home Buyer in Mountain House, CA

we are renters here and are suspicious of the house being in foreclosure. is there any way we can find out?

Asked by Danielle, Mountain House, CA Tue Aug 25, 2009

an ongoing basis of certified mail for the owners, people taking photos of the house, phone calls, etc. but no one will tell us anything. do we have any rights as renters?

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Danielle,

Protecting Tenants at Foreclosure Act of 2009: In brief, under the new legislation, all tenants must get a 90 day notice prior to eviction due to foreclosure. In addition (with some exceptions) tenants that have leases can continue to live in their homes until the end of the term of their lease. The rights of Section 8 tenants are also protected because the new owner at foreclosure must accept both the tenant's lease and the housing assistance payment (HAP) contract.

For more info: http://www.car.org/tools/smart/new/tenantforeclosureact/

Danielle, with the current home price, you are better off owning than renting, so stop feeding your landlord :)
Web Reference: http://dc.pmz.com
0 votes Thank Flag Link Wed Aug 26, 2009
Hi Danielle,

It is hard to be a tenant and not knowing what is going on with the house you live in. To answer your question: I could find out for you, if the house is in foreclosure, but I would need to know the owners name or your address. Our office has a large property management department and I know that we do help tenants in these kind of situations. There is something called "cash for keys", where the lean/mortgage holder is willing to give money for tenants to vacate the property. Some lean holders are more cooperative then others. Please do not hesitate to contact me if you think we can help.

Eva Bradley
0 votes Thank Flag Link Tue Aug 25, 2009
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