Foreclosure in 55347 : Advice

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Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
The place I'm renting is going to sheriffs sale on the 15th if nov..I just found out. What should I do? Do I pay my landlord? Do I not pay in?
Hello Bobsteel,
You need to continue to pay the rent to your landlord even if he is losing the home as your lease contract is with him; not the bank.
If you do not pay your rent ... more
0 votes Share Flag Mon Oct 17, 2011 Foreclosure in 55347
Susan Hoffla…, Real Estate Pro in Minneapolis, MN
Susan Hofflander answered:
We currently own 2 homes with solid credit and no liens/2nd mortgages, in this current political enviroment,
My opinion (and I'm no investment expert) you're headed down a slippery slope with that kind of strategy. I would consider the credit and legal ramifications of such actions before doi ... more
0 votes Share Flag Tue Mar 3, 2009 Foreclosure in 55346
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