- This topic has 91 replies, 8 voices, and was last updated 15 years ago by
little lady.
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AuthorPosts
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March 18, 2008 at 6:47 PM #12165
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March 18, 2008 at 7:29 PM #172658
Anonymous
Guest3643 and 3703 both pre-forclosure
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March 18, 2008 at 8:37 PM #172673
GoUSC
ParticipantThanks. Both near me but not me…oh well.
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March 18, 2008 at 8:37 PM #173009
GoUSC
ParticipantThanks. Both near me but not me…oh well.
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March 18, 2008 at 8:37 PM #173015
GoUSC
ParticipantThanks. Both near me but not me…oh well.
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March 18, 2008 at 8:37 PM #173036
GoUSC
ParticipantThanks. Both near me but not me…oh well.
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March 18, 2008 at 8:37 PM #173117
GoUSC
ParticipantThanks. Both near me but not me…oh well.
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March 18, 2008 at 7:29 PM #172996
Anonymous
Guest3643 and 3703 both pre-forclosure
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March 18, 2008 at 7:29 PM #172999
Anonymous
Guest3643 and 3703 both pre-forclosure
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March 18, 2008 at 7:29 PM #173022
Anonymous
Guest3643 and 3703 both pre-forclosure
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March 18, 2008 at 7:29 PM #173103
Anonymous
Guest3643 and 3703 both pre-forclosure
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March 19, 2008 at 12:16 PM #173111
gn
Participantradelow,
I’m renting a house too. So, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
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March 19, 2008 at 12:35 PM #173157
Anonymous
Guest“If I stop paying rent after he stop paying the mortgage, can he evict me ?”
Yes, the owner can evict you, but why would he? If he’s truly going to walk away from the house, why would he spend money to initiate an eviction process against you? He would be throwing good money after bad money.
However, keep in mind that the foreclosure process is taking approximately 8 months or longer. Therefore, if he’s a dirty landlord/owner and you stop paying rent, he may try to get you out of there and deceive another family by getting them in there and collecting rent from them until the Sheriff comes and puts them out on the street.
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March 19, 2008 at 1:04 PM #173167
Eugene
ParticipantSo, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
Your lease agreement is a contract between you and the landlord. Your landlord’s mortgage is a contract between him and the lender. Unless there is a clause in your contract that requires your landlord to pay his mortgage (I’m pretty sure there isn’t), these two contracts are independent of each other.
Yes, the owner can evict you, but why would he?
At the very least the owner will take your security deposit, and he could take you to the court. The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway; the judge will make you responsible for paying back-rent, landlord’s legal fees (including the filing fee), and up to $600 as a penalty; and you’ll get an eviction recorded on your credit report, making you a persona non grata for all homeowner-landlords for the next seven years. If you’re still in the house five days after the judgment, the sheriff will come and physically remove you from the property.
http://www.dca.ca.gov/publications/landlordbook/evictions.shtml
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March 19, 2008 at 1:13 PM #173187
patientlywaiting
Participant” The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway;”
Not true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
I would say that chances are good that owners in distress won’t do anything. First, they need to notify you. And you can always make good on your contract before it gets to the court date. If playing hardball can save thousands in not paying rent, you might want to give it a whirl.
It’s not that easy being a landlord. Don’t think you can just sit back and collect the rent.
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March 19, 2008 at 1:33 PM #173202
Eugene
ParticipantNot true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
http://www.courtinfo.ca.gov/selfhelp/other/landtenqna16.htm
Q. Do I need a lawyer to file or defend against an unlawful detainer lawsuit?
A. Almost everyone has the right to sue, or to defend him- or herself if sued, without hiring an attorney.http://www.expressevictions.com/index.php
Uncontested eviction for $499
$150 – $400 attorney/contested feesOne week of recovered back-rent will pay for that.
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March 19, 2008 at 1:48 PM #173207
patientlywaiting
Participantesmith, it’s pretty obvious that you’re not a landlord. The process is much more onerous than you might think. Some renters have the process pat down and know how to milk the system for many months.
I not suggesting not paying the rent…. I’m saying that in foreclosure situations, the negative repercussions to the renter are almost nil.
Although I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
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March 19, 2008 at 2:08 PM #173228
Anonymous
GuestAlthough I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
patiently, I agree. This is exactly the position I took and as a result, I was called a squatter by one of the bitter, sanctimonious, hypocritical JERKS on this site.
In any event, thanks for setting the record straight on how costly the eviction process is and the fact that it’s not always easy to get rid of a tenant.
P.S. Little lady, the ease of evicting someone is situation dependent, and if the tenant fights back, it’s going to cost the landlord/owner.
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March 19, 2008 at 2:32 PM #173253
little lady
ParticipantIt was very easy and took a short period of time.
Those cost can be recovered, though I know it doesn’t always work out as well for some. The man who rented from my mom had a good job a 4 mouths to feed, he couldn’t quit his job. Though I have no idea why he would do to my mom what he did knowing that. He ruined his situation for years to come and now that houses have come down, his chance to own.
It doesn’t make sense to me to risk losing your opportunity to buy a home over the owner’s foreclosure.
At least wait until you KNOW he is down to his last 30 days or so. If he is going to lose his house in 30 days you can be sure he’s not comming after you. But if he has 6-8 months I wouldn’t risk it. Your rent is free money. If it were me, I’d sue you.
P.S. I am just expressing my opinion, I don’t think of anyone as being “a squatter”. Just that I don’t think it is a good idea……….
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March 19, 2008 at 2:48 PM #173278
patientlywaiting
ParticipantMarion, with this whole mortgage mess and bailout plans upon us, I’m done being self-righteous.
It’s all business and it’s all dog-eat-dog from the top on down. If you can get away with it and don’t get caught then go for it.
Disgusting, I know, but it’s the new modus operandi that our leadership brought to us in the 21st century.
If you look at the big picture, what’s the significance of a renter saving a few thousand dollars that would have been squandered by an FB who gambled on appreciation? That renter might put the money to good use and provide for her family and become a future responsible homeowner.
What about the investors who gambled on high yield securities backed by junk mortgages? They just got billion dollar bailouts from the Fed.
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March 19, 2008 at 2:48 PM #173617
patientlywaiting
ParticipantMarion, with this whole mortgage mess and bailout plans upon us, I’m done being self-righteous.
It’s all business and it’s all dog-eat-dog from the top on down. If you can get away with it and don’t get caught then go for it.
Disgusting, I know, but it’s the new modus operandi that our leadership brought to us in the 21st century.
If you look at the big picture, what’s the significance of a renter saving a few thousand dollars that would have been squandered by an FB who gambled on appreciation? That renter might put the money to good use and provide for her family and become a future responsible homeowner.
What about the investors who gambled on high yield securities backed by junk mortgages? They just got billion dollar bailouts from the Fed.
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March 19, 2008 at 2:48 PM #173620
patientlywaiting
ParticipantMarion, with this whole mortgage mess and bailout plans upon us, I’m done being self-righteous.
It’s all business and it’s all dog-eat-dog from the top on down. If you can get away with it and don’t get caught then go for it.
Disgusting, I know, but it’s the new modus operandi that our leadership brought to us in the 21st century.
If you look at the big picture, what’s the significance of a renter saving a few thousand dollars that would have been squandered by an FB who gambled on appreciation? That renter might put the money to good use and provide for her family and become a future responsible homeowner.
What about the investors who gambled on high yield securities backed by junk mortgages? They just got billion dollar bailouts from the Fed.
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March 19, 2008 at 2:48 PM #173639
patientlywaiting
ParticipantMarion, with this whole mortgage mess and bailout plans upon us, I’m done being self-righteous.
It’s all business and it’s all dog-eat-dog from the top on down. If you can get away with it and don’t get caught then go for it.
Disgusting, I know, but it’s the new modus operandi that our leadership brought to us in the 21st century.
If you look at the big picture, what’s the significance of a renter saving a few thousand dollars that would have been squandered by an FB who gambled on appreciation? That renter might put the money to good use and provide for her family and become a future responsible homeowner.
What about the investors who gambled on high yield securities backed by junk mortgages? They just got billion dollar bailouts from the Fed.
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March 19, 2008 at 2:48 PM #173721
patientlywaiting
ParticipantMarion, with this whole mortgage mess and bailout plans upon us, I’m done being self-righteous.
It’s all business and it’s all dog-eat-dog from the top on down. If you can get away with it and don’t get caught then go for it.
Disgusting, I know, but it’s the new modus operandi that our leadership brought to us in the 21st century.
If you look at the big picture, what’s the significance of a renter saving a few thousand dollars that would have been squandered by an FB who gambled on appreciation? That renter might put the money to good use and provide for her family and become a future responsible homeowner.
What about the investors who gambled on high yield securities backed by junk mortgages? They just got billion dollar bailouts from the Fed.
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March 19, 2008 at 2:32 PM #173592
little lady
ParticipantIt was very easy and took a short period of time.
Those cost can be recovered, though I know it doesn’t always work out as well for some. The man who rented from my mom had a good job a 4 mouths to feed, he couldn’t quit his job. Though I have no idea why he would do to my mom what he did knowing that. He ruined his situation for years to come and now that houses have come down, his chance to own.
It doesn’t make sense to me to risk losing your opportunity to buy a home over the owner’s foreclosure.
At least wait until you KNOW he is down to his last 30 days or so. If he is going to lose his house in 30 days you can be sure he’s not comming after you. But if he has 6-8 months I wouldn’t risk it. Your rent is free money. If it were me, I’d sue you.
P.S. I am just expressing my opinion, I don’t think of anyone as being “a squatter”. Just that I don’t think it is a good idea……….
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March 19, 2008 at 2:32 PM #173595
little lady
ParticipantIt was very easy and took a short period of time.
Those cost can be recovered, though I know it doesn’t always work out as well for some. The man who rented from my mom had a good job a 4 mouths to feed, he couldn’t quit his job. Though I have no idea why he would do to my mom what he did knowing that. He ruined his situation for years to come and now that houses have come down, his chance to own.
It doesn’t make sense to me to risk losing your opportunity to buy a home over the owner’s foreclosure.
At least wait until you KNOW he is down to his last 30 days or so. If he is going to lose his house in 30 days you can be sure he’s not comming after you. But if he has 6-8 months I wouldn’t risk it. Your rent is free money. If it were me, I’d sue you.
P.S. I am just expressing my opinion, I don’t think of anyone as being “a squatter”. Just that I don’t think it is a good idea……….
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March 19, 2008 at 2:32 PM #173615
little lady
ParticipantIt was very easy and took a short period of time.
Those cost can be recovered, though I know it doesn’t always work out as well for some. The man who rented from my mom had a good job a 4 mouths to feed, he couldn’t quit his job. Though I have no idea why he would do to my mom what he did knowing that. He ruined his situation for years to come and now that houses have come down, his chance to own.
It doesn’t make sense to me to risk losing your opportunity to buy a home over the owner’s foreclosure.
At least wait until you KNOW he is down to his last 30 days or so. If he is going to lose his house in 30 days you can be sure he’s not comming after you. But if he has 6-8 months I wouldn’t risk it. Your rent is free money. If it were me, I’d sue you.
P.S. I am just expressing my opinion, I don’t think of anyone as being “a squatter”. Just that I don’t think it is a good idea……….
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March 19, 2008 at 2:32 PM #173696
little lady
ParticipantIt was very easy and took a short period of time.
Those cost can be recovered, though I know it doesn’t always work out as well for some. The man who rented from my mom had a good job a 4 mouths to feed, he couldn’t quit his job. Though I have no idea why he would do to my mom what he did knowing that. He ruined his situation for years to come and now that houses have come down, his chance to own.
It doesn’t make sense to me to risk losing your opportunity to buy a home over the owner’s foreclosure.
At least wait until you KNOW he is down to his last 30 days or so. If he is going to lose his house in 30 days you can be sure he’s not comming after you. But if he has 6-8 months I wouldn’t risk it. Your rent is free money. If it were me, I’d sue you.
P.S. I am just expressing my opinion, I don’t think of anyone as being “a squatter”. Just that I don’t think it is a good idea……….
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March 19, 2008 at 2:08 PM #173567
Anonymous
GuestAlthough I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
patiently, I agree. This is exactly the position I took and as a result, I was called a squatter by one of the bitter, sanctimonious, hypocritical JERKS on this site.
In any event, thanks for setting the record straight on how costly the eviction process is and the fact that it’s not always easy to get rid of a tenant.
P.S. Little lady, the ease of evicting someone is situation dependent, and if the tenant fights back, it’s going to cost the landlord/owner.
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March 19, 2008 at 2:08 PM #173570
Anonymous
GuestAlthough I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
patiently, I agree. This is exactly the position I took and as a result, I was called a squatter by one of the bitter, sanctimonious, hypocritical JERKS on this site.
In any event, thanks for setting the record straight on how costly the eviction process is and the fact that it’s not always easy to get rid of a tenant.
P.S. Little lady, the ease of evicting someone is situation dependent, and if the tenant fights back, it’s going to cost the landlord/owner.
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March 19, 2008 at 2:08 PM #173589
Anonymous
GuestAlthough I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
patiently, I agree. This is exactly the position I took and as a result, I was called a squatter by one of the bitter, sanctimonious, hypocritical JERKS on this site.
In any event, thanks for setting the record straight on how costly the eviction process is and the fact that it’s not always easy to get rid of a tenant.
P.S. Little lady, the ease of evicting someone is situation dependent, and if the tenant fights back, it’s going to cost the landlord/owner.
-
March 19, 2008 at 2:08 PM #173671
Anonymous
GuestAlthough I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
patiently, I agree. This is exactly the position I took and as a result, I was called a squatter by one of the bitter, sanctimonious, hypocritical JERKS on this site.
In any event, thanks for setting the record straight on how costly the eviction process is and the fact that it’s not always easy to get rid of a tenant.
P.S. Little lady, the ease of evicting someone is situation dependent, and if the tenant fights back, it’s going to cost the landlord/owner.
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March 19, 2008 at 1:48 PM #173547
patientlywaiting
Participantesmith, it’s pretty obvious that you’re not a landlord. The process is much more onerous than you might think. Some renters have the process pat down and know how to milk the system for many months.
I not suggesting not paying the rent…. I’m saying that in foreclosure situations, the negative repercussions to the renter are almost nil.
Although I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
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March 19, 2008 at 1:48 PM #173550
patientlywaiting
Participantesmith, it’s pretty obvious that you’re not a landlord. The process is much more onerous than you might think. Some renters have the process pat down and know how to milk the system for many months.
I not suggesting not paying the rent…. I’m saying that in foreclosure situations, the negative repercussions to the renter are almost nil.
Although I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
-
March 19, 2008 at 1:48 PM #173569
patientlywaiting
Participantesmith, it’s pretty obvious that you’re not a landlord. The process is much more onerous than you might think. Some renters have the process pat down and know how to milk the system for many months.
I not suggesting not paying the rent…. I’m saying that in foreclosure situations, the negative repercussions to the renter are almost nil.
Although I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
-
March 19, 2008 at 1:48 PM #173651
patientlywaiting
Participantesmith, it’s pretty obvious that you’re not a landlord. The process is much more onerous than you might think. Some renters have the process pat down and know how to milk the system for many months.
I not suggesting not paying the rent…. I’m saying that in foreclosure situations, the negative repercussions to the renter are almost nil.
Although I know that they are two separate issues, I personally don’t see anything wrong with a tenant not paying rent when the landlord is not paying the mortgage. Once the NOD is filed, the landlord has exhausted all his funds and is practically gone.
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March 19, 2008 at 1:54 PM #173213
Anonymous
Guestesmith… if the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
You’re smart enough to know the $499 price advertised on that lawyer’s website is a sales tactic.
Lawyers don’t work for free, you should know better than that.
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March 19, 2008 at 2:06 PM #173233
little lady
ParticipantIt is very easy, and takes very little time to evict a tenant due to non payment of rent. It goes on your credit and you are blacklisted from renting. My mom just evicted a tenant in December ’05, and the judge awarded her the back rent from them, before they moved out, as a condition of letting them stay. She made a mistake of calling the last month rent a security deposit. So she did have to go after him for some money, which the sheriff’s department had deducted from his pay. He wrecked the place, but, my husband and I fixed it up,( that’s when we rented our place out and moved in. We sold in May of ’07, now we are looking to buy when the time and place is right.) But he can’t buy crap and good luck renting with that on you credit. People used to milk the system because of bancruptcy but, bancruptcy can’t help you anymore either because of the new laws.
He did contest it and it was worth whatever she paid and she was awarded all her costs.
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March 19, 2008 at 2:06 PM #173572
little lady
ParticipantIt is very easy, and takes very little time to evict a tenant due to non payment of rent. It goes on your credit and you are blacklisted from renting. My mom just evicted a tenant in December ’05, and the judge awarded her the back rent from them, before they moved out, as a condition of letting them stay. She made a mistake of calling the last month rent a security deposit. So she did have to go after him for some money, which the sheriff’s department had deducted from his pay. He wrecked the place, but, my husband and I fixed it up,( that’s when we rented our place out and moved in. We sold in May of ’07, now we are looking to buy when the time and place is right.) But he can’t buy crap and good luck renting with that on you credit. People used to milk the system because of bancruptcy but, bancruptcy can’t help you anymore either because of the new laws.
He did contest it and it was worth whatever she paid and she was awarded all her costs.
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March 19, 2008 at 2:06 PM #173575
little lady
ParticipantIt is very easy, and takes very little time to evict a tenant due to non payment of rent. It goes on your credit and you are blacklisted from renting. My mom just evicted a tenant in December ’05, and the judge awarded her the back rent from them, before they moved out, as a condition of letting them stay. She made a mistake of calling the last month rent a security deposit. So she did have to go after him for some money, which the sheriff’s department had deducted from his pay. He wrecked the place, but, my husband and I fixed it up,( that’s when we rented our place out and moved in. We sold in May of ’07, now we are looking to buy when the time and place is right.) But he can’t buy crap and good luck renting with that on you credit. People used to milk the system because of bancruptcy but, bancruptcy can’t help you anymore either because of the new laws.
He did contest it and it was worth whatever she paid and she was awarded all her costs.
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March 19, 2008 at 2:06 PM #173594
little lady
ParticipantIt is very easy, and takes very little time to evict a tenant due to non payment of rent. It goes on your credit and you are blacklisted from renting. My mom just evicted a tenant in December ’05, and the judge awarded her the back rent from them, before they moved out, as a condition of letting them stay. She made a mistake of calling the last month rent a security deposit. So she did have to go after him for some money, which the sheriff’s department had deducted from his pay. He wrecked the place, but, my husband and I fixed it up,( that’s when we rented our place out and moved in. We sold in May of ’07, now we are looking to buy when the time and place is right.) But he can’t buy crap and good luck renting with that on you credit. People used to milk the system because of bancruptcy but, bancruptcy can’t help you anymore either because of the new laws.
He did contest it and it was worth whatever she paid and she was awarded all her costs.
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March 19, 2008 at 2:06 PM #173676
little lady
ParticipantIt is very easy, and takes very little time to evict a tenant due to non payment of rent. It goes on your credit and you are blacklisted from renting. My mom just evicted a tenant in December ’05, and the judge awarded her the back rent from them, before they moved out, as a condition of letting them stay. She made a mistake of calling the last month rent a security deposit. So she did have to go after him for some money, which the sheriff’s department had deducted from his pay. He wrecked the place, but, my husband and I fixed it up,( that’s when we rented our place out and moved in. We sold in May of ’07, now we are looking to buy when the time and place is right.) But he can’t buy crap and good luck renting with that on you credit. People used to milk the system because of bancruptcy but, bancruptcy can’t help you anymore either because of the new laws.
He did contest it and it was worth whatever she paid and she was awarded all her costs.
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March 19, 2008 at 3:57 PM #173338
Eugene
Participantif the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
If the landlord is smart, he will be able to figure out how to file an unlawful detainer lawsuit without an attorney. All forms are available online, e.g.
http://www.courtinfo.ca.gov/forms/fillable/ud100.pdf
You don’t need to be a rocket scientist to fill that.
If the tenant is smart, he will pay up and move out as soon as they get the court notice – the cost of getting an eviction on your credit report far outweighs a couple months’ rent.
If the tenant is stupid, he will ignore the notice and end up being evicted by the sheriff.
The only situations where I can imagine the tenant trying to contest the eviction are a) there’s something wrong with the lease contract, or b) the tenant himself and/or one of his close friends is a lawyer.
I can’t imagine any sensible tenant throwing his money away on a lawyer trying to contest a hopeless case, knowing that he’ll have to pay landlord’s legal fees as well.
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March 19, 2008 at 5:27 PM #173388
little lady
Participant“You don’t need to be a rocket scientist to fill that”
You don’t and you don’t have to have a lawyer do all your work, there is legal help ( paralegals and such)that can help you with paperwork. If my MOM can do it, anyone can.
Your assuming that a landlord has to use all the money they have to save the house……what about credit cards to pay for these fees?
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March 19, 2008 at 5:27 PM #173728
little lady
Participant“You don’t need to be a rocket scientist to fill that”
You don’t and you don’t have to have a lawyer do all your work, there is legal help ( paralegals and such)that can help you with paperwork. If my MOM can do it, anyone can.
Your assuming that a landlord has to use all the money they have to save the house……what about credit cards to pay for these fees?
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March 19, 2008 at 5:27 PM #173739
little lady
Participant“You don’t need to be a rocket scientist to fill that”
You don’t and you don’t have to have a lawyer do all your work, there is legal help ( paralegals and such)that can help you with paperwork. If my MOM can do it, anyone can.
Your assuming that a landlord has to use all the money they have to save the house……what about credit cards to pay for these fees?
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March 19, 2008 at 5:27 PM #173750
little lady
Participant“You don’t need to be a rocket scientist to fill that”
You don’t and you don’t have to have a lawyer do all your work, there is legal help ( paralegals and such)that can help you with paperwork. If my MOM can do it, anyone can.
Your assuming that a landlord has to use all the money they have to save the house……what about credit cards to pay for these fees?
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March 19, 2008 at 5:27 PM #173832
little lady
Participant“You don’t need to be a rocket scientist to fill that”
You don’t and you don’t have to have a lawyer do all your work, there is legal help ( paralegals and such)that can help you with paperwork. If my MOM can do it, anyone can.
Your assuming that a landlord has to use all the money they have to save the house……what about credit cards to pay for these fees?
-
March 19, 2008 at 3:57 PM #173678
Eugene
Participantif the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
If the landlord is smart, he will be able to figure out how to file an unlawful detainer lawsuit without an attorney. All forms are available online, e.g.
http://www.courtinfo.ca.gov/forms/fillable/ud100.pdf
You don’t need to be a rocket scientist to fill that.
If the tenant is smart, he will pay up and move out as soon as they get the court notice – the cost of getting an eviction on your credit report far outweighs a couple months’ rent.
If the tenant is stupid, he will ignore the notice and end up being evicted by the sheriff.
The only situations where I can imagine the tenant trying to contest the eviction are a) there’s something wrong with the lease contract, or b) the tenant himself and/or one of his close friends is a lawyer.
I can’t imagine any sensible tenant throwing his money away on a lawyer trying to contest a hopeless case, knowing that he’ll have to pay landlord’s legal fees as well.
-
March 19, 2008 at 3:57 PM #173680
Eugene
Participantif the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
If the landlord is smart, he will be able to figure out how to file an unlawful detainer lawsuit without an attorney. All forms are available online, e.g.
http://www.courtinfo.ca.gov/forms/fillable/ud100.pdf
You don’t need to be a rocket scientist to fill that.
If the tenant is smart, he will pay up and move out as soon as they get the court notice – the cost of getting an eviction on your credit report far outweighs a couple months’ rent.
If the tenant is stupid, he will ignore the notice and end up being evicted by the sheriff.
The only situations where I can imagine the tenant trying to contest the eviction are a) there’s something wrong with the lease contract, or b) the tenant himself and/or one of his close friends is a lawyer.
I can’t imagine any sensible tenant throwing his money away on a lawyer trying to contest a hopeless case, knowing that he’ll have to pay landlord’s legal fees as well.
-
March 19, 2008 at 3:57 PM #173689
Eugene
Participantif the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
If the landlord is smart, he will be able to figure out how to file an unlawful detainer lawsuit without an attorney. All forms are available online, e.g.
http://www.courtinfo.ca.gov/forms/fillable/ud100.pdf
You don’t need to be a rocket scientist to fill that.
If the tenant is smart, he will pay up and move out as soon as they get the court notice – the cost of getting an eviction on your credit report far outweighs a couple months’ rent.
If the tenant is stupid, he will ignore the notice and end up being evicted by the sheriff.
The only situations where I can imagine the tenant trying to contest the eviction are a) there’s something wrong with the lease contract, or b) the tenant himself and/or one of his close friends is a lawyer.
I can’t imagine any sensible tenant throwing his money away on a lawyer trying to contest a hopeless case, knowing that he’ll have to pay landlord’s legal fees as well.
-
March 19, 2008 at 3:57 PM #173699
Eugene
Participantif the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
If the landlord is smart, he will be able to figure out how to file an unlawful detainer lawsuit without an attorney. All forms are available online, e.g.
http://www.courtinfo.ca.gov/forms/fillable/ud100.pdf
You don’t need to be a rocket scientist to fill that.
If the tenant is smart, he will pay up and move out as soon as they get the court notice – the cost of getting an eviction on your credit report far outweighs a couple months’ rent.
If the tenant is stupid, he will ignore the notice and end up being evicted by the sheriff.
The only situations where I can imagine the tenant trying to contest the eviction are a) there’s something wrong with the lease contract, or b) the tenant himself and/or one of his close friends is a lawyer.
I can’t imagine any sensible tenant throwing his money away on a lawyer trying to contest a hopeless case, knowing that he’ll have to pay landlord’s legal fees as well.
-
March 19, 2008 at 3:57 PM #173781
Eugene
Participantif the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
If the landlord is smart, he will be able to figure out how to file an unlawful detainer lawsuit without an attorney. All forms are available online, e.g.
http://www.courtinfo.ca.gov/forms/fillable/ud100.pdf
You don’t need to be a rocket scientist to fill that.
If the tenant is smart, he will pay up and move out as soon as they get the court notice – the cost of getting an eviction on your credit report far outweighs a couple months’ rent.
If the tenant is stupid, he will ignore the notice and end up being evicted by the sheriff.
The only situations where I can imagine the tenant trying to contest the eviction are a) there’s something wrong with the lease contract, or b) the tenant himself and/or one of his close friends is a lawyer.
I can’t imagine any sensible tenant throwing his money away on a lawyer trying to contest a hopeless case, knowing that he’ll have to pay landlord’s legal fees as well.
-
March 19, 2008 at 1:54 PM #173552
Anonymous
Guestesmith… if the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
You’re smart enough to know the $499 price advertised on that lawyer’s website is a sales tactic.
Lawyers don’t work for free, you should know better than that.
-
March 19, 2008 at 1:54 PM #173555
Anonymous
Guestesmith… if the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
You’re smart enough to know the $499 price advertised on that lawyer’s website is a sales tactic.
Lawyers don’t work for free, you should know better than that.
-
March 19, 2008 at 1:54 PM #173574
Anonymous
Guestesmith… if the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
You’re smart enough to know the $499 price advertised on that lawyer’s website is a sales tactic.
Lawyers don’t work for free, you should know better than that.
-
March 19, 2008 at 1:54 PM #173656
Anonymous
Guestesmith… if the tenant is smart, they won’t allow the eviction to go “uncontested”. In that event, the eviction will cost the landlord/owner a lot more than $499, that would be upfront money before any back rent is ever collected.
You’re smart enough to know the $499 price advertised on that lawyer’s website is a sales tactic.
Lawyers don’t work for free, you should know better than that.
-
March 19, 2008 at 1:33 PM #173542
Eugene
ParticipantNot true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
http://www.courtinfo.ca.gov/selfhelp/other/landtenqna16.htm
Q. Do I need a lawyer to file or defend against an unlawful detainer lawsuit?
A. Almost everyone has the right to sue, or to defend him- or herself if sued, without hiring an attorney.http://www.expressevictions.com/index.php
Uncontested eviction for $499
$150 – $400 attorney/contested feesOne week of recovered back-rent will pay for that.
-
March 19, 2008 at 1:33 PM #173545
Eugene
ParticipantNot true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
http://www.courtinfo.ca.gov/selfhelp/other/landtenqna16.htm
Q. Do I need a lawyer to file or defend against an unlawful detainer lawsuit?
A. Almost everyone has the right to sue, or to defend him- or herself if sued, without hiring an attorney.http://www.expressevictions.com/index.php
Uncontested eviction for $499
$150 – $400 attorney/contested feesOne week of recovered back-rent will pay for that.
-
March 19, 2008 at 1:33 PM #173565
Eugene
ParticipantNot true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
http://www.courtinfo.ca.gov/selfhelp/other/landtenqna16.htm
Q. Do I need a lawyer to file or defend against an unlawful detainer lawsuit?
A. Almost everyone has the right to sue, or to defend him- or herself if sued, without hiring an attorney.http://www.expressevictions.com/index.php
Uncontested eviction for $499
$150 – $400 attorney/contested feesOne week of recovered back-rent will pay for that.
-
March 19, 2008 at 1:33 PM #173646
Eugene
ParticipantNot true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
http://www.courtinfo.ca.gov/selfhelp/other/landtenqna16.htm
Q. Do I need a lawyer to file or defend against an unlawful detainer lawsuit?
A. Almost everyone has the right to sue, or to defend him- or herself if sued, without hiring an attorney.http://www.expressevictions.com/index.php
Uncontested eviction for $499
$150 – $400 attorney/contested feesOne week of recovered back-rent will pay for that.
-
March 19, 2008 at 1:13 PM #173527
patientlywaiting
Participant” The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway;”
Not true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
I would say that chances are good that owners in distress won’t do anything. First, they need to notify you. And you can always make good on your contract before it gets to the court date. If playing hardball can save thousands in not paying rent, you might want to give it a whirl.
It’s not that easy being a landlord. Don’t think you can just sit back and collect the rent.
-
March 19, 2008 at 1:13 PM #173529
patientlywaiting
Participant” The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway;”
Not true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
I would say that chances are good that owners in distress won’t do anything. First, they need to notify you. And you can always make good on your contract before it gets to the court date. If playing hardball can save thousands in not paying rent, you might want to give it a whirl.
It’s not that easy being a landlord. Don’t think you can just sit back and collect the rent.
-
March 19, 2008 at 1:13 PM #173549
patientlywaiting
Participant” The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway;”
Not true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
I would say that chances are good that owners in distress won’t do anything. First, they need to notify you. And you can always make good on your contract before it gets to the court date. If playing hardball can save thousands in not paying rent, you might want to give it a whirl.
It’s not that easy being a landlord. Don’t think you can just sit back and collect the rent.
-
March 19, 2008 at 1:13 PM #173631
patientlywaiting
Participant” The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway;”
Not true. It’s not that cheap. You need lawyer on retainer to file an unlawful detainer in Superior Court. You can’t file yourself.
If these are wannabe landlords, they probably don’t have an attorney. It’ll cost them about $3000 to get a lawyer on retainer. Plus they have to pay the filing fees.
I would say that chances are good that owners in distress won’t do anything. First, they need to notify you. And you can always make good on your contract before it gets to the court date. If playing hardball can save thousands in not paying rent, you might want to give it a whirl.
It’s not that easy being a landlord. Don’t think you can just sit back and collect the rent.
-
March 19, 2008 at 2:47 PM #173273
dharmagirl
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
However, is there a way to find out if a homeowner is current on their TAXES? My guess is, if they are about to default on a mortgage they may just stop paying taxes…I mean, why not?
I’m not sure if there is a way to look that up in Riverside County…is it public information?
Thoughts?
-
March 19, 2008 at 2:51 PM #173288
gn
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
Yes, there is. When the landlord is more than 3 months late, the lender files a NOD (notice of default) with the county courthouse. This information is public.
If you have access to http://www.foreclosure.com or http://www.foreclosureradar.com you'll be able to see this.
-
March 19, 2008 at 2:51 PM #173627
gn
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
Yes, there is. When the landlord is more than 3 months late, the lender files a NOD (notice of default) with the county courthouse. This information is public.
If you have access to http://www.foreclosure.com or http://www.foreclosureradar.com you'll be able to see this.
-
March 19, 2008 at 2:51 PM #173630
gn
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
Yes, there is. When the landlord is more than 3 months late, the lender files a NOD (notice of default) with the county courthouse. This information is public.
If you have access to http://www.foreclosure.com or http://www.foreclosureradar.com you'll be able to see this.
-
March 19, 2008 at 2:51 PM #173649
gn
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
Yes, there is. When the landlord is more than 3 months late, the lender files a NOD (notice of default) with the county courthouse. This information is public.
If you have access to http://www.foreclosure.com or http://www.foreclosureradar.com you'll be able to see this.
-
March 19, 2008 at 2:51 PM #173731
gn
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
Yes, there is. When the landlord is more than 3 months late, the lender files a NOD (notice of default) with the county courthouse. This information is public.
If you have access to http://www.foreclosure.com or http://www.foreclosureradar.com you'll be able to see this.
-
March 19, 2008 at 2:47 PM #173612
dharmagirl
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
However, is there a way to find out if a homeowner is current on their TAXES? My guess is, if they are about to default on a mortgage they may just stop paying taxes…I mean, why not?
I’m not sure if there is a way to look that up in Riverside County…is it public information?
Thoughts?
-
March 19, 2008 at 2:47 PM #173614
dharmagirl
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
However, is there a way to find out if a homeowner is current on their TAXES? My guess is, if they are about to default on a mortgage they may just stop paying taxes…I mean, why not?
I’m not sure if there is a way to look that up in Riverside County…is it public information?
Thoughts?
-
March 19, 2008 at 2:47 PM #173634
dharmagirl
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
However, is there a way to find out if a homeowner is current on their TAXES? My guess is, if they are about to default on a mortgage they may just stop paying taxes…I mean, why not?
I’m not sure if there is a way to look that up in Riverside County…is it public information?
Thoughts?
-
March 19, 2008 at 2:47 PM #173716
dharmagirl
ParticipantI realize there is probably no way to find out if the landlord has stopped making mortgage payments…
However, is there a way to find out if a homeowner is current on their TAXES? My guess is, if they are about to default on a mortgage they may just stop paying taxes…I mean, why not?
I’m not sure if there is a way to look that up in Riverside County…is it public information?
Thoughts?
-
March 19, 2008 at 1:04 PM #173506
Eugene
ParticipantSo, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
Your lease agreement is a contract between you and the landlord. Your landlord’s mortgage is a contract between him and the lender. Unless there is a clause in your contract that requires your landlord to pay his mortgage (I’m pretty sure there isn’t), these two contracts are independent of each other.
Yes, the owner can evict you, but why would he?
At the very least the owner will take your security deposit, and he could take you to the court. The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway; the judge will make you responsible for paying back-rent, landlord’s legal fees (including the filing fee), and up to $600 as a penalty; and you’ll get an eviction recorded on your credit report, making you a persona non grata for all homeowner-landlords for the next seven years. If you’re still in the house five days after the judgment, the sheriff will come and physically remove you from the property.
http://www.dca.ca.gov/publications/landlordbook/evictions.shtml
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March 19, 2008 at 1:04 PM #173509
Eugene
ParticipantSo, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
Your lease agreement is a contract between you and the landlord. Your landlord’s mortgage is a contract between him and the lender. Unless there is a clause in your contract that requires your landlord to pay his mortgage (I’m pretty sure there isn’t), these two contracts are independent of each other.
Yes, the owner can evict you, but why would he?
At the very least the owner will take your security deposit, and he could take you to the court. The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway; the judge will make you responsible for paying back-rent, landlord’s legal fees (including the filing fee), and up to $600 as a penalty; and you’ll get an eviction recorded on your credit report, making you a persona non grata for all homeowner-landlords for the next seven years. If you’re still in the house five days after the judgment, the sheriff will come and physically remove you from the property.
http://www.dca.ca.gov/publications/landlordbook/evictions.shtml
-
March 19, 2008 at 1:04 PM #173530
Eugene
ParticipantSo, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
Your lease agreement is a contract between you and the landlord. Your landlord’s mortgage is a contract between him and the lender. Unless there is a clause in your contract that requires your landlord to pay his mortgage (I’m pretty sure there isn’t), these two contracts are independent of each other.
Yes, the owner can evict you, but why would he?
At the very least the owner will take your security deposit, and he could take you to the court. The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway; the judge will make you responsible for paying back-rent, landlord’s legal fees (including the filing fee), and up to $600 as a penalty; and you’ll get an eviction recorded on your credit report, making you a persona non grata for all homeowner-landlords for the next seven years. If you’re still in the house five days after the judgment, the sheriff will come and physically remove you from the property.
http://www.dca.ca.gov/publications/landlordbook/evictions.shtml
-
March 19, 2008 at 1:04 PM #173611
Eugene
ParticipantSo, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
Your lease agreement is a contract between you and the landlord. Your landlord’s mortgage is a contract between him and the lender. Unless there is a clause in your contract that requires your landlord to pay his mortgage (I’m pretty sure there isn’t), these two contracts are independent of each other.
Yes, the owner can evict you, but why would he?
At the very least the owner will take your security deposit, and he could take you to the court. The fee to file the eviction lawsuit is on the order of $200. These lawsuits are common and they move forward quickly. You will get evicted anyway; the judge will make you responsible for paying back-rent, landlord’s legal fees (including the filing fee), and up to $600 as a penalty; and you’ll get an eviction recorded on your credit report, making you a persona non grata for all homeowner-landlords for the next seven years. If you’re still in the house five days after the judgment, the sheriff will come and physically remove you from the property.
http://www.dca.ca.gov/publications/landlordbook/evictions.shtml
-
-
March 19, 2008 at 12:35 PM #173496
Anonymous
Guest“If I stop paying rent after he stop paying the mortgage, can he evict me ?”
Yes, the owner can evict you, but why would he? If he’s truly going to walk away from the house, why would he spend money to initiate an eviction process against you? He would be throwing good money after bad money.
However, keep in mind that the foreclosure process is taking approximately 8 months or longer. Therefore, if he’s a dirty landlord/owner and you stop paying rent, he may try to get you out of there and deceive another family by getting them in there and collecting rent from them until the Sheriff comes and puts them out on the street.
-
March 19, 2008 at 12:35 PM #173499
Anonymous
Guest“If I stop paying rent after he stop paying the mortgage, can he evict me ?”
Yes, the owner can evict you, but why would he? If he’s truly going to walk away from the house, why would he spend money to initiate an eviction process against you? He would be throwing good money after bad money.
However, keep in mind that the foreclosure process is taking approximately 8 months or longer. Therefore, if he’s a dirty landlord/owner and you stop paying rent, he may try to get you out of there and deceive another family by getting them in there and collecting rent from them until the Sheriff comes and puts them out on the street.
-
March 19, 2008 at 12:35 PM #173520
Anonymous
Guest“If I stop paying rent after he stop paying the mortgage, can he evict me ?”
Yes, the owner can evict you, but why would he? If he’s truly going to walk away from the house, why would he spend money to initiate an eviction process against you? He would be throwing good money after bad money.
However, keep in mind that the foreclosure process is taking approximately 8 months or longer. Therefore, if he’s a dirty landlord/owner and you stop paying rent, he may try to get you out of there and deceive another family by getting them in there and collecting rent from them until the Sheriff comes and puts them out on the street.
-
March 19, 2008 at 12:35 PM #173601
Anonymous
Guest“If I stop paying rent after he stop paying the mortgage, can he evict me ?”
Yes, the owner can evict you, but why would he? If he’s truly going to walk away from the house, why would he spend money to initiate an eviction process against you? He would be throwing good money after bad money.
However, keep in mind that the foreclosure process is taking approximately 8 months or longer. Therefore, if he’s a dirty landlord/owner and you stop paying rent, he may try to get you out of there and deceive another family by getting them in there and collecting rent from them until the Sheriff comes and puts them out on the street.
-
-
March 19, 2008 at 12:16 PM #173451
gn
Participantradelow,
I’m renting a house too. So, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
-
March 19, 2008 at 12:16 PM #173454
gn
Participantradelow,
I’m renting a house too. So, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
-
March 19, 2008 at 12:16 PM #173475
gn
Participantradelow,
I’m renting a house too. So, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
-
March 19, 2008 at 12:16 PM #173556
gn
Participantradelow,
I’m renting a house too. So, if my landlord stop paying his mortgage, what are my rights ? If I stop paying rent after he stop paying the mortgage, can he evict me ?
-
March 19, 2008 at 3:17 PM #173313
DWCAP
ParticipantJust a random question, but what happens to your security deposit in a foreclosure? I know LL’s are suppose to protect it and all, but they are also suppose to pay the morgage, and we wouldnt be there if they were. So what happens if the house slips in a NOT, and the LL happened to dip into the security deposit to help with their own personal “subprime liquidy crisis”? If they declare Bankrupcy, then what? Renter is out a G or two and ????????
I guess if that happened I wouldnt have any problem not paying the rent for the last month or so. With the banks 30 day notice that is 60 days to find a new place and save up. Otherwise pay the rent and move on with your lives. Seems kinda backwards to me to get all pissed when these people bought houses they had no intention of paying for when you are renting houses you have no intention of paying for.
-
March 19, 2008 at 3:17 PM #173653
DWCAP
ParticipantJust a random question, but what happens to your security deposit in a foreclosure? I know LL’s are suppose to protect it and all, but they are also suppose to pay the morgage, and we wouldnt be there if they were. So what happens if the house slips in a NOT, and the LL happened to dip into the security deposit to help with their own personal “subprime liquidy crisis”? If they declare Bankrupcy, then what? Renter is out a G or two and ????????
I guess if that happened I wouldnt have any problem not paying the rent for the last month or so. With the banks 30 day notice that is 60 days to find a new place and save up. Otherwise pay the rent and move on with your lives. Seems kinda backwards to me to get all pissed when these people bought houses they had no intention of paying for when you are renting houses you have no intention of paying for.
-
March 19, 2008 at 3:17 PM #173655
DWCAP
ParticipantJust a random question, but what happens to your security deposit in a foreclosure? I know LL’s are suppose to protect it and all, but they are also suppose to pay the morgage, and we wouldnt be there if they were. So what happens if the house slips in a NOT, and the LL happened to dip into the security deposit to help with their own personal “subprime liquidy crisis”? If they declare Bankrupcy, then what? Renter is out a G or two and ????????
I guess if that happened I wouldnt have any problem not paying the rent for the last month or so. With the banks 30 day notice that is 60 days to find a new place and save up. Otherwise pay the rent and move on with your lives. Seems kinda backwards to me to get all pissed when these people bought houses they had no intention of paying for when you are renting houses you have no intention of paying for.
-
March 19, 2008 at 3:17 PM #173675
DWCAP
ParticipantJust a random question, but what happens to your security deposit in a foreclosure? I know LL’s are suppose to protect it and all, but they are also suppose to pay the morgage, and we wouldnt be there if they were. So what happens if the house slips in a NOT, and the LL happened to dip into the security deposit to help with their own personal “subprime liquidy crisis”? If they declare Bankrupcy, then what? Renter is out a G or two and ????????
I guess if that happened I wouldnt have any problem not paying the rent for the last month or so. With the banks 30 day notice that is 60 days to find a new place and save up. Otherwise pay the rent and move on with your lives. Seems kinda backwards to me to get all pissed when these people bought houses they had no intention of paying for when you are renting houses you have no intention of paying for.
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March 19, 2008 at 3:17 PM #173756
DWCAP
ParticipantJust a random question, but what happens to your security deposit in a foreclosure? I know LL’s are suppose to protect it and all, but they are also suppose to pay the morgage, and we wouldnt be there if they were. So what happens if the house slips in a NOT, and the LL happened to dip into the security deposit to help with their own personal “subprime liquidy crisis”? If they declare Bankrupcy, then what? Renter is out a G or two and ????????
I guess if that happened I wouldnt have any problem not paying the rent for the last month or so. With the banks 30 day notice that is 60 days to find a new place and save up. Otherwise pay the rent and move on with your lives. Seems kinda backwards to me to get all pissed when these people bought houses they had no intention of paying for when you are renting houses you have no intention of paying for.
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