Short sale of my rental

[PerryChase]

I would think that the recorders’ office should be the most up to date. The data aggregators have to buy the data from the County.

——

I would stop paying the rent with the reasoning that I no longer know who the legal owner of the property is. Put the rent money aside in a separate account and have it ready to pay the rent if needed. And to show your good intentions if a court orders you to pay.

What is the landlord going to do? He won’t even bother to evict you because he’s losing the house himself.

Consider the rent “savings” compensation for all the trouble and worries.

[PerryChase]

I would think that the recorders’ office should be the most up to date. The data aggregators have to buy the data from the County.

——

I would stop paying the rent with the reasoning that I no longer know who the legal owner of the property is. Put the rent money aside in a separate account and have it ready to pay the rent if needed. And to show your good intentions if a court orders you to pay.

What is the landlord going to do? He won’t even bother to evict you because he’s losing the house himself.

Consider the rent “savings” compensation for all the trouble and worries.

[SD Realtor]

gn – I am not an attorney but unless there was terminology in the lease agreement then I don’t think there is any legal recourse. I think if all the people who are renting here reviewe their leases I don’t think there would any of them that have provisions in them regarding the landlords requirement to pay the mortgage.

Again, I am not an attorney so this statement is quite speculative.

SD Realtor

[SD Realtor]

gn – I am not an attorney but unless there was terminology in the lease agreement then I don’t think there is any legal recourse. I think if all the people who are renting here reviewe their leases I don’t think there would any of them that have provisions in them regarding the landlords requirement to pay the mortgage.

Again, I am not an attorney so this statement is quite speculative.

SD Realtor

[SD Realtor]

gn – I am not an attorney but unless there was terminology in the lease agreement then I don’t think there is any legal recourse. I think if all the people who are renting here reviewe their leases I don’t think there would any of them that have provisions in them regarding the landlords requirement to pay the mortgage.

Again, I am not an attorney so this statement is quite speculative.

SD Realtor

[(former)FormerSanDiegan]

Normally when a property is actually sold, the new owner has to honor the terms of your lease. In a short sale this would be the case. I believe that your rental deposit would be the responsibility of the buyer.

If it goes to foreclosure, that’s another story.

By the way, how much is your rent ?

[(former)FormerSanDiegan]

Normally when a property is actually sold, the new owner has to honor the terms of your lease. In a short sale this would be the case. I believe that your rental deposit would be the responsibility of the buyer.

If it goes to foreclosure, that’s another story.

By the way, how much is your rent ?

[(former)FormerSanDiegan]

Normally when a property is actually sold, the new owner has to honor the terms of your lease. In a short sale this would be the case. I believe that your rental deposit would be the responsibility of the buyer.

If it goes to foreclosure, that’s another story.

By the way, how much is your rent ?

[condogrrl]

My rent is $1600/month with a $1600 deposit. I’ve been here 21 months. If I don’t get my deposit back, I’ll just look at it as additional rent averaged over the length of my stay. But for now, I have no plans to move since no NOD has been filed and everything else is OK.

[condogrrl]

My rent is $1600/month with a $1600 deposit. I’ve been here 21 months. If I don’t get my deposit back, I’ll just look at it as additional rent averaged over the length of my stay. But for now, I have no plans to move since no NOD has been filed and everything else is OK.

[condogrrl]

My rent is $1600/month with a $1600 deposit. I’ve been here 21 months. If I don’t get my deposit back, I’ll just look at it as additional rent averaged over the length of my stay. But for now, I have no plans to move since no NOD has been filed and everything else is OK.

[SD Realtor]

FSD agreed… if the landlord sells a home he does have the liability to stick to the lease contract that he had originated with the tenants. Sometimes landlords will buy out the lease agreement of tenants or the lease is transferred to the new owner and the deposit money is conveyed in escrow from current landlord to new landlord. Remember though, if you are a tenant and your lease contract has expired you are essentially on a month to month agreement.

In the case of a foreclosure I am pretty sure all bets are off.

[SD Realtor]

FSD agreed… if the landlord sells a home he does have the liability to stick to the lease contract that he had originated with the tenants. Sometimes landlords will buy out the lease agreement of tenants or the lease is transferred to the new owner and the deposit money is conveyed in escrow from current landlord to new landlord. Remember though, if you are a tenant and your lease contract has expired you are essentially on a month to month agreement.

In the case of a foreclosure I am pretty sure all bets are off.

[SD Realtor]

FSD agreed… if the landlord sells a home he does have the liability to stick to the lease contract that he had originated with the tenants. Sometimes landlords will buy out the lease agreement of tenants or the lease is transferred to the new owner and the deposit money is conveyed in escrow from current landlord to new landlord. Remember though, if you are a tenant and your lease contract has expired you are essentially on a month to month agreement.

In the case of a foreclosure I am pretty sure all bets are off.

[sakina96]

Rent is $2195 per month. My assumption is that as long as the house is in the landlord’s name that I have a legal obligation to continue paying my rent. We are looking for another place but have not yet found something I like.

I know that an offer has been made on the house and that the offer has been submitted to the bank for review. It will be interesting to see if the offer is accepted. Apparently one of the three owners died recently so I’m guessing that they will claim financial hardship on those grounds.

[Author]

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