Foreclosure in Houston>Question Details

Deirdre Jones, Other/Just Looking in Houston, TX

THE PLACE I LIVE IN WAS BOUGHT AT A FORCLOSURE . THE ORIGINAL OWNER SAID I SHOULD NOT PAY THE NER OWNER

Asked by Deirdre Jones, Houston, TX Sun Jun 8, 2008

BECAUSE THEY ARE STILL IN COURT , IS THAT TRUE

Help the community by answering this question:

Answers

4
Sure, contingent liability is a problem for everyone going this route. Lender cannot indemnify you.
0 votes Thank Flag Link Sat Jan 10, 2009
Based on the information you provided with your question, I am wondering if the current owner is wanting you to pay them the rental payments.
Give us more information, which might enable us to provide you with more specifics.
0 votes Thank Flag Link Mon Jun 9, 2008
How did the previous owner contact you? How would they know you are going to buy it? I guess you are buying right? Or are you renting? If you are renting do you know for sure who the owner is? If you know for sure who the owner is and are paying them, I would ask the former owners to leave the property and not contact you. There's no reason for them to. You could site them for treaspassing or a variety of other issues if they continue to contact you or visit the property.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Mon Jun 9, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
What does your lease agreement state? How do you know it's in foreclosure? Do you have a lease agreement with this new owner, if you lease agreement states to pay you need to pay. Have you contacted this new owner what do they state?

http://www.lynn911.com
0 votes Thank Flag Link Mon Jun 9, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer