Oh boy, again. My husband, Nelson Horn, and I represent OWB on their foreclosures and have seen this problem over and over again.We produced a viedo for tenants
This may help:
-if you know the bank owns the house I would not pay the former owner rent, you need to decide this for yourself
-in all likelhood the bank will
+offer you "Cash for Keys" to move. We paid a tenant $10,000 on one ocassion. Don't get your hopes up to that level. This was a very, expensive house.
+I am now seeing some of the banks offeing to let the tenant stay for a certain period of time
I would not move until I heard from the bank, but I would start looking for a place to live and start packing
Good luck and watch the video before renting again