There are judicial sites for each site that will let you know if any actions are pending against the owners.
Google your state and judicial system.
Log in to the housing area, and there you can input the address or owner's name and see if any action has been filed against the owner.
Best of luck !
Sean Heideman, Broker
Please call me if I can be of any assistance to you with this or helping you find a rental property.
Have a great day.
Keller Williams Sonoran Living
The â€œProtecting Tenants at Foreclosure Actâ€, a Federal Law, ensures tenants receive proper notice of rental home foreclosure and protects them from abrupt or improper removal from the home.
Under this Act - Public Law No: 111-22 (S. 896E) (Enacted: May 20,2009) â€“ a new property owner cannot evict a month-to-month tenant for 90 days. When there is a lease in effect the new owner cannot evict until the tenantâ€™s lease ends. With one exception, when the new property owner is going to use the rental property as his or her primary residence, in this case the new owner must give the tenant 90 days notice.
Once the foreclosure is complete and a bank, financial institution, Fannie Mae or Freddie Mac own the property....occupants may be eligible for assistance, such as "Cash for Keys", as inducement to vacate the property. If the property is purchased at trustee sale by a private party, such programs may not be available.
Unfortunately, you may need an attorney to assist you enforcing your rights.
We have our clients call us and we check this for them. We don't want anyone to find themselves in this situation. The only problem is that we may check for you and then after you move in the Landlord may receive the notice of foreclosure a month down the road. Once they receive the notice you will have 90 days in the home unless they issue an extension of the foreclosure.
So checking prior to renting is a good thing to do, but this won't guarantee that this won't happen in the future. Unfortunately so many people have found themselves owning a home that is not worth what they owe on it and have good intentions to rent it out until the market return. The problem is that not all people are able to do this. But no one should be told that they will have a long term lease when they truly intend to collect rents while not making the payments only to have tenants left to suffer the consequences. One thing to be concerned with is a Landlord that is willing to rent the home for a very low rent and ask for several months in advance. This is a red flag.
Ron & Brenda Cunningham
West USA Realty
** Recognized in the Phoenix Business Journal as "One of the Top 50 Realtors in the Valley" **
The AZNVC web site is currently down due to technical difficulties, but should be up shortly. I spoke with Lyle @ NetValueCentral who administers the site and he stated that he has notified his IT department and it will be back up shortly. If it is not, you can call him at (623)566-3682.