This is getting crazy! One minute we think we'll get the check another minute they are sending it to the realtor that is representing the bank. I found out that the realtor that is representing the bank is apparently friends with the rental agency that we rented the foreclosed house from. The rental agency is "dropping off" the check at the realtor's office and she will relinquish the check when we give her the keys. Does that seem fishy??? There was some confusion on when we would be done moving and when I clarified the date the realtor said "You should move out as soon as possible" Though we still have NOT received any written notice, when I mentioned that, the realtor replied "you don't want that kind of paper work following you around"...what is that suppose to mean?? I am trying really hard just to walk away and be the better person than all these people, but man it's hard. It's hard to suck up the 2k that we will end up spending on moving. I don't understand why they insist on trying to make this difficult. ---- breathing.... thanks for listening :) - Thu Dec 6 2007, 15:12
Another update..The foreclosed house we were renting went to public auction and ended up with the bank. I have found an awesome house to rent and we move in next week. I am really happy about that :) The bank realtor contacted us and since we found a place we just have to turn in the key. They aren't charging us rent for the month of December. I think she's just happy that the house isn't thrashed and that she doesn't have to do the paperwork for a 30 day notice. A few things I've learned in the last month from lawyers, people at foreclosure auctions, and small claims advisors: There are a whole set of rules that apply to foreclosures that are different than "regular" real-estate law. The law in California (for foreclosures) is that the new owners have to give us 30 days written notice to vacate the property. Leases are void if the house you are renting is auctioned off. The previous property manager has NO reason to hold your deposit if your rented house goes into foreclosure --- even if they want to keep it to buy Christmas presents. I've also found that there are A LOT of people who end up renting houses that are going through the foreclosure process. I never realized that someone else's bad financial decisions could actually have an impact on your life. - Wed Dec 5 2007, 17:20
Just an update. I am still looking for a house to rent, the property management company has been very non responsive to my requests about getting things in writing. Verbally she says that we'll find a place before the 27th, though she has done nothing to make that happen. Yesterday she even had the audacity to say she's planning to keep 500 dollars of the deposit so we don't "trash" the place. I am a decent person. I would never do that. The house is going for public auction for heaven's sake! We have an appointment with a lawyer. Looking for other places. I know that we have 30 days after we get written notice. So far we don't even have that. - Fri Nov 16 2007, 09:18
The property management people are working with us to find us a house before the 27th. I think it will just be easiest to leave especially since they aren't holding our deposit. I found out that the property management company did not pay the owner the rent we sent them on Nov. 1st. I'm not sure if this will make things more complicated or not. I'm still not clear why they didn't send it to the owner. What a huge hassle moving a family right before the holidays! - Tue Nov 13 2007, 11:37
I found out this morning that the owner of the house asked the property management company to place us in a new house. The house is going up for public auction on the 27th. When I asked the property management people about the deposit, the answer was very wishy washy. When I asked about moving expenses, she said she doesn't think the owner cares and she sounded like it wasn't at all the property management's responsibility. I contacted an attorney, they are going to call me back. I would hope to think the year lease I signed protected me too, that is what I am going to look into. - Fri Nov 9 2007, 11:10
I did contact the property manager and they were not aware of the foreclosure status of the property. I only found out the date of the foreclosure after there was notice of the public auction. The only things I would like are to get my deposit back in full, a place to live and moving expenses paid for. I'm not sure if the management company would be responsible for any of this. I never thought to ask about the foreclosure status of a property that I was renting through an agency... who would have known.... - Thu Nov 8 2007, 15:39