Landlord is in foreclosure
By Pat Cromwell
My landlord has not made the mortgage payments. I’ve received 2 foreclosure documents from the courts via mail addressd to Unknown Occupant. The last payment the landlord made was Sept of 2009. I spoke to the Property Mgt firm when I received the first set of legal documents. The Property Mgt firm said not to worry — the owner was in the process of fixing the problem. Well, now I’ve received the 2nd set of documents so Property Mgt firm was either not-truthful or are in the dark.
What are my rights as a tenant who has made payments religiously? I’ve been in the house for 3 years now, never missed a payment. BTW, in August I began to worry because my least expired on Aug 31. Still no least. I believe the correct term is that I am now on a month-2-month lease now. I’ve tried to contact the Property Mgt firm but all I get is voice mail.
Should I continue making my rent payment or should I put it in an account? What is the process? Will I have to move immediately if the sherrif post an eviction notice because the landlord is a year behind? Was is legally okay for them to have me sign a least when the payments were not being made? Should I contact the morgage company in advance and make arrangements to rent from them? Is there a legal recourse for Renters in Indiana who are current with their payments but the landlord does not pay the morgage rsulting in foreclosure and eviction?
Thanks!
PAC
Edited on: Tuesday, September 21st, 2010 11:37 am
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