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 First-time home buyer?
I'm a first time home buyer with excellent credit. I have some credit card debt that I would like to like to roll into my mortgage as this would help me with cash flow. I'm planning on ...


 If a person owns a piece of land do they own it all the way down to the core of the earth? ?
...


 I dont know what a tracker mortgage is?
Can some one please explain to me in lay mans terms the different ways of paying back a mortgage ie:
What is a fixed rate Mortgage
What is a tracker Mortgage
What is a Flexible M...


 Can a landlord prohibit a tenant from moving in a friend?
Is it legal for a tenant to move in a girlfriend/boyfriend who is not on the lease or must they have the landlord's permission?...


 A visitor has been staying at my house for 14 months! does she have ownership rights?
I want to have visitors staying, but what makes the difference between a visitor and a dweller. For instance they get their mail sent here. If they become a dweller do they get ownership rights? This ...


 Need some REAL help PLEASE!?
dont know if too many people will know an answer to this but help me if you can.
how will the Chicago Land area's real estate be for the next year or so? i really need it to do well. its ...


 Help me come out of this situation.My Landlord is going to sell the property after the contract period.?
Meanwhile ppl are com ing every now and then to see the property especially on weekends when we want to have some leisure that too twice r thrice .How do I avoid this situation and handle it smoothly....


 Can you buy a home with no money down?
My husband and I would love to buy a home but we have no money for a downpayment and can not afford to pay more then $600 a month including the insurance on the house. Is there any way we could do ...


 What is the square foot of 4' X 8"?
...


 Isn't there a law saying I don't have to pay for the landlord to paint my apartment? I've been there a year?
I got charged a 500 dollar paint fee off my deposit. Also, they took off 65 bucks for a late fee from last year!!! There has to be some place I can go to file a complaint and get me money back!...


 What would you do if you were 20 years old and were renting an apartment with 6 months left on the lease, and.
...and your electricity was turned off because you couldn't afford the payments?...


 Can someone get a loan (mortgage) for a piece of land, or does that only apply to houses?
...


 I am mortgage shopping and its overwhelming. Any advice on?
who has the best deal?
-Have 10% down
-Credit score 639
-no ...


 If a landlord wants to end a lease early, can you then leave earlier and not pay rent after that date?
Our landlord has sent us a letter giving us two months notice to leave, which means we have to get out of the house on September 10th, 10 days before our lease is actually up. However there's a ...


 When can a bank charge a late fee on a mortgage payment?
...


 Are all apartments noisy?
Im living in an apartment where i can hear the people next door cough,flush the toilet,.talk on the phone ect. Now im looking for another apartment while i save up for a house. Many people have told ...


 What legal recourse do I have against my landlord for what he has done to us?
My landlord rented us a house, with a in law trailer, and detached garage. We could live in trailer for free while we did repairs on trailer and home, and my husband would get paid hourly. We made ...


 Why do tenants destroy their landlord's property?
They fight break windows, tear doors off the hinges, punch holes in the walls. Why?...


 House value is dropping like a rock! Anything we can do? Or are we in serious trouble?
We purchased a starter townhouse about 3.5 years ago, with the idea we would sell in about now (or a year from now) and move into a house with a yard. The housing market was very high then. We have ...


 I was wondering, what do you call a person whose a house flipper?
And I was also wondering if that is a career also and if its a good one....



Nancy B
What rights do tenants have if a house they're renting is taken over by the bank (landlord not paying mrtg)?
We found out a week ago that our landlord wasn't paying mortgage on a house he leased us, and it's up for foreclosure, some huge company took it over, and are evicting us, giving us $500 to get out in 9 days and clean the house up for them. It's unfair and quite frankly insulting: they're basically kicking us out without a care for whether or not we find a new place, and paying us the $500 so that they don't have to go through the trouble of hiring a cleaner to clean up the house. They're also acting a bit suspicious: we can't find out the new owner's name, contacting him through a realtor he hired, and they are absolutely set on us getting out by a certain date, and we suspect they don't even own the house yet (it's in preforeclosure state now) - could they be trying to evict us before they even own the house? Do we have any rights if we're still in the house when they buy it? Are they trying to get rid of us so it's empty when they do buy it and don't have to work with us?
                     
 




ebosgramma
They cannot force you to be out in 9 days no matter what the situation is.
If the house is in PRE foreclosure they do not own the house.
If the house is going into foreclosure your lease applies and only your LANDLORD has the authority to evict you based on whatever your lease says and on the laws of your state.
If the house has been foreclosed the new owner can evict you through your state's legal eviction laws. An eviction is a legal process, you go to court and the judge has final say. You should start looking for a place to move to because in the end that is most likely what is going to happen. Would you want to rent from someone who has already treated you badly? You should show up for court if they evict you. The judge may give you some time to move out. Good luck.
If you have paid your rent and they want you out in 9 days the $500 they have offered is nothing more than a return of your rent! You are gaining nothing by agreeing. If they cannot prove that they own your rental unit do not agree to anything with them. Keep your current landlord in the loop. They could be scamming both of you.


frankie b
Rating
This does sound a little fishy. Go down to the county sheriffs office and ask them what the situation is. I believe they will have to give you thirty days notice to vacate the property. If you have children play that card as well.
Good luck


trer
Rating
Wow. I would definitely seek advice from a good lawyer, first of all.

It all depends on what state you are in and what the common law is in your area. You may be entitled to reasonable notice (i.e. 30 days even if it's not in the lease agreement) or you may be able to sue your landlord for damages.


babypocket2005
Rating
You should be entitled to reasonable notice. Check with your local governing body.


boston857
Rating
I suspect that they intend to renovate and sell the property. Thta's probably why they need you out. Unfortunately, you do not have any recourse since you are been compensated.....


ruth4526
If you are in NY, they can't do that. The law is that they have to give you 30 days in a written notice.I don't think they can force you to move with out owning the house yet, That doesn't make sense, if it did, you could make your neighbors move.There is a law called renters rights, you may be able to find in at www.google.com. I would not move until I got a written notice for 30 days. I would take the 500 and just to the basic cleaning. If you can't find the renters rights, call your lawyer. This does sound fishy.


Fatty
Rating
I think you are out of luck. I broke my lease with a landlord not long ago because I was afraid of a situation like this. I wish you the best.


attorney_johnson
Sounds suspicious. Once you have a lease, no one can take it away, even if the house is sold, it will be subject to your lease. Only if the house is fully foreclosed, i.e. sold at public auction, and the highest bidder gets a court ordered writ of possession against you from the judge, and posted on the property by the sheriff, can you be made to leave. As you are in "pre-foreclusure" thsi has not happened. What I am guessing has happened is that some real estate investors have purchased the house from your landlord and are trying to scam you out. You can only be evicted by court order.

You should either stop paying rent and wait for the court order to leave, or negotiate a better deal ($$$) with these carpet baggers


c0mplicated_s0ul
Rating
Go to the police with what ever paper work you got from them even if they can't help you they can direct you in the right direction.
I would talk to somebody from landlard and tenant in your area NOBODY can give you 9 days to move out. look for tribunial in your area.
Try these links............
http://www.hud.gov/local/id/renting/tenantrights.cfm
http://www.law.cornell.edu/wex/index.php/Landlord-tenant
http://www.mslawyer.com/statutes/landlord.html
http://www.buybeach.com/landlord_tenant_act.htm
http://www.azsos.gov/public_services/publications/Residential_Landlord_Tenant_Act/


biker_beeotch
Rating
Gee sorry. You really don't have much recourse if any. Just being a tenant really doesn't mean anything to the mortgage company. Why would you care who owns the house if you aren't living there? Pehaps the new owner wants to flip the house or has bought it for a family member. Cut your losses and move on.


charlotte q
As new owners they must honor the lease or"buy" you out of the existing lease.

Sounds like that is what the $500.00 is for!!! Do not fall for it!
They probably owe you more than that for the lease term.

They cannot "evict" you in 9 days. continue to pay rent according
to your lease and keep all of your records!!!!
.


John Rosa
In terms of ownership, they have no rights. The lender can evict them. But then they can go after the landlord for moving expenses and violation of contract. It's best to work it out with the tenants.


g long
Rating
some of these replies sound as tho they are in favor of these scammers . these people have rights .get a lawyer they can not just evict you.


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