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Foreclosure in 91354 : Real Estate Advice

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  • Home Buying18
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Activity 3
Mon May 30, 2016
William Taylor answered:
www.wilbuyshouses.com; There are so many loopholes and financial traps to look out for, lacking the right professional ends up costing you way more than you might have saved by trying to handle all the legal issues your self. I can't stress enough the importance of getting professional help. ... more
0 votes 10 answers Share Flag
Tue Aug 5, 2014
Tim Moore answered:
If you are talking about an auction at the courthouse at the end of the foreclosure, then you need cash because they require payment in days -- no time for a loan.
0 votes 2 answers Share Flag
Thu Feb 6, 2014
Claudia Cook answered:
This is not the first time that I have heard of this issue. The below answers are accurate. I am not a lawyer so this should not be taken as legal advice. If you are current in your lease and have no gaps in payment they cannot immediately evict you because the landlord has failed to make their mortgage payments. You are entitled to stay in the home until your lease is up regardless of the landlords standing when it comes to the mortgage. The only scenario where you could be evicted would be if some one else purchased the property with intent to occupy it. Even in that case it is required that you be given 90 days notice to find a new lease and vacate the property. More likely you would be offered "cash for keys" to move out earlier than the 90 days that you are entitled to.

If you require more a more detailed answer I recommend contacting a lawyer.
... more
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