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I have a property in RI.

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sgibbons Joined: 06 Apr 2009 Posts: 11 2.90 Dollars($)	Posted: Wed Jun 09, 2010 1:07 pm    Post subject: I have a property in RI. Like 0 Dislike 0 I have a property in RI. A private investor bought the property at foreclosure and verbally allowed the homeowner who was foreclosed on to say while he was showing the house. House is under contract now. Foreclosed person said they will leave on 17th. What happens if they don't leave? Does investor have to evict them? What happens if they leave the property is then deeded to the new buyer and the foreclosed people come back? Please advise. Thanks
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Wed Jun 09, 2010 9:38 pm    Post subject: Like 0 Dislike 0 Hi sgibbons, As the private investor has purchased the property, he can force the previous owner to leave the property immediately. He can serve a 3 day notice to the previous owner and ask him/her to leave asap. The foreclosed people won't be able to come back after the property is deeded to the new buyer. _________________ Procrastination is the enemy of your financial success
jaffery32 Joined: 09 Jun 2010 Posts: 3 1.00 Dollars($)	Posted: Thu Jun 10, 2010 12:26 am    Post subject: Like 0 Dislike 0 I am agree with adinos that private investors have rights to give the notice period of the previous owner and also ash for to leave asap.

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