Home arrow Mortgage Forums arrow Announcements Feedback and Our Pub arrow

I recently found my landlord is in trustee sale.

Author Message
Icon Mini Profile mindita1972





Joined: 01 Jan 2010

Posts: 1

1.00 Dollars($)
Post Posted: Fri Jan 01, 2010 11:10 pm    Post subject: I recently found my landlord is in trustee sale.
Like 0
Dislike 0

My landlord offered to lower our rent back in September 2009 for 6months. I paid September, and October. I have emails to this fact. I had some hard times in the past(father of my twins left us) and I always paid what I could. I have emails from the landlord saying, do not worry about the back rent now, pay what you can. They have been extremely helpful to my situation(Heven sent). I just happened to check the recorders office on the home here as the landlord had told me she might want to sell, and found out in November, they are in forclosure with a sale date on March 15th. That is exactly 6 months from the time they offered to lower my rent? I dont knw if they even paid the lender my payments or kept it. I have not paid for November or December, and just lost my job with two baby girl twins 16mos. and my 14 year old son. I havent told them yet. and Im very scared, not sure what my rights are. Can they legally kick us out? Should I call the lender and will they talk with me??? Worried in Arizona
Sad
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10030
Location: Alaska
919.49 Dollars($)
Post Posted: Sat Jan 02, 2010 12:40 am    Post subject:
Like 0
Dislike 0

Hi mindita!

Welcome to forums!

If you do not pay the rent, then the landlord has the rights to ask you leave the property. In this case, as the landlord is facing foreclosure, I would suggest you to make arrangements for your residence in some other place. You may speak to the lender but I don't think it would be of any help in this case.

Feel free to ask if you've further queries.

Sussane
mindita1972@yahoo.com

Guest







Post Posted: Sat Jan 02, 2010 8:36 am    Post subject: I was just let go from my job
Like 0
Dislike 0

I mean they are not even paying the bank and they still have rights to kick me out? Isnt is by law they must notify me when going into forclosure. what am I going to do. Im so scared to call them
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10148
Location: Nevada
941.94 Dollars($)
Post Posted: Sun Jan 03, 2010 10:21 pm    Post subject:
Like 0
Dislike 0

Hi mindita,

Though they are not paying the lender but they are still your landlord and thus have the rights to ask you to leave the property if you do not pay the dues. However, they should have informed you that the property is in foreclosure. You may contact their lender and can check out if you can pay the rental dues to them. This may help you in staying in the property until a new buyer purchases the property.

Thanks
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.086 seconds.