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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (78474)	5/30/2007 11:42:58 AM
From: Travis_Bickle	Respond to of 306849

Q: I recently moved to Florida and signed a lease for one year beginning on February 1, 2007. I received mail addressed to Jane Doe, tenant, notifiying me that the home I rent has been foreclosed upon and will be sold in less than 3 weeks at an auction. Do I have any rights or claims as to the time and money that will be involved in moving, changing utilities, personal property (checks, etc.) that will now show the wrong address - not to mention the inconvenience of having to move again? I know nothing regarding Florida law, but do know that in Pennsylvania there is a bad faith clause in landlord/tenat agreements and I feel that my landlord knew well in advance of February 1 that this place was to be foreclosed upon. A: The lease is viod, and they can move you out, normally no the prevoius landlord will not be liable, and to be honest, he is being foreclosed, so he has not money or he would not be foreclosed on. So even if you sued him, what are you going to get if he has not money. askmehelpdesk.com I think the bank wants the renters out because it is harder to sell an occupied home (buyer may have to evict the tenant himself). My dad used to have rental properties and I hit on the idea of offering tenants $500 cash if they vacate in a week, was cheaper than going to the attorney. It worked pretty good.