I am a short sale specialist ,I would not think ,it would be appropriate to give advise in this case scenario need all the details on the table from each perspective person involved.HENA BROKER
If the new owner is wants to rent to you, of course you can stay.
But, you are taking a chance, if the new owner wants to live in the home you will be asked to vacate. If you do not vacte in the time the allow you, you will be subject to eviction process.
Best of luc to you,
Kawain Payne, Realtor
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Here is a flyer and a needs list to gather for loan processing your approval. Here are rentals in Fontana up to $1,100 too.
Click the following URL to see the Listings rentals Fontana sfr up to $1,100:
CHF Access half percent down flyer, pdf
Sheryl Arndt, standard needs list checked, pdf
Why Rent brochure
CHF Access income limits http://tinyurl.com/8lzf8he
Sheryl Arndt, Broker â€“ Sr. Loan Officer
Thank you very much for all your help
I really appreciate your time.
If you signed a years lease now; the new owners would have to honor it.
I would presume that you would have to create the lease before an offer was made, so that the Buyers would be aware of the conditions.
However; you would be making it harder for your sister to show and sell the house; which, to my mind would be prevading: I can't imagine that you would want to hurt your sister's chances to get out from under the house.
If you just keep it simple, you be able to stay until 30 days after foreclosure or until the date of close of escrow on a shortsale.
Good luck and may God bless