This situation is rampant...I believe that there is a law passed at this time, or soon to go into effect, that if the owner's mortgage is a Fannie Mae mortgage, you have the right to stay in the house. A real estate attorney should have all of this information at this point. Going forward, to all renters, it is a good idea to have the owner of the home show their current mortgage stateent each month before you pay the rent. Good luck to you! And by the way, this won't happen overnight; however, you might want to start looking for another place to rent.
Bette Abrams, PA, GRI - Tue Jul 28 2009, 17:06