eviction

What can renters do if their landlords are in foreclosure?

Posted December 15, 2008 - 12:53 by Xin Lu

Personal Finance, Real Estate and Housing, Consumer Affairs

Lately many tenants across the United States who faithfully paid their rents on time were surprised to find eviction notices tacked on their doors because their landlords have not been paying the mortgage. Other tenants are receiving "cash for keys" offers from the banks that reposessed the homes. If you are a renter, here are some precautions you can take to make sure you do not face an unexpected foreclosure related eviction and some tips on what to do if your landlord is losing the home you live in.

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