Asked by Dablues61, San Jose, CA • Tue Sep 6, 2011
I found out that a Notice of Default has been filed with the Recorder of Deeds and we have been receiving numerous offers and such in the mail and on our door to refinance or do a short sale. Our landlord told us that they had been trying to refinance the home but since they have been unsuccessful they are going to try selling it instead. That is why they lowered our rent - to compensate us for the inconvenience of showing the home and needing to make it available for perspective buyers. Now we find out that they are not paying the mortgage and we could be out sooner than we think. We would just like to know what our rights are as tenants and if we stopped paying the rent would they still be allowed to evict us if they are going through foreclosure and not paying their mortgage?
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