Mom Seeking Help

One of the things that I would do if I were you is to put a call into your county government, and ask them to direct you to someone who deals with problems with rental housing and disputes about leases - you may have to explain to them what is going on...I think that you may have rights as a renter that are inforced by the State or County - depend on how you state government is set up. I know that in the state of NY they are pretty strong, and the leassor (you) would have to be part of the negotiated proceedings, even if they wanted you to move out. Banks and owners depend on the renter not knowing what do to do, and often they are the victims.

If the lease was signed before the foreclosure proceedings, they may have to honor the lease until the end of the lease, or pay you just compensation to vacate. If the lease was signed after it, you may be able to contact a lawyer and sue the former owner for your moving expenses and for the inconvience of having to move, because you entered into the lease with good faith. The bottom line is that it depends from state to state what you can do, but it is worth it to contact an attorney to learn more about it.

If you were in the state of NY, I would know exactly who to direct you to, but if you need help finding those resources, let me know, and I could probably figure it out to you, but since I know you, let me know if you need my help, and I will do some research for you (since that is closely related to my former field of employment.)

I was in the same situation about 2 years ago. And there was nothing much that we could do but to move. So,when we first found out which was not through the land lord we looked and looked right away and finally found something and moved out because they will sit you out. But it also depends on how long it has been in foreclosure too. Because the owner has about 3 months or so to redeem the house. But, I would move. I also continued to pay rent though until I found something and didn't pay last months rent just to cause no confusion.

Find somewhere else to live, because if the house is on the list, you never know when the sheriff will come to evict. You don't want to expose your children to that! If the sheriff does come, because you are not the owner, but you live there, they will give you one week to vacate the premises. Any other remedies you might pursue will be costly and not really worth the effort, since you don't own the property.

Been there, done that!

Hi S.!
I am sorry to hear of your shocking but somewhat devasting news. I don't know if you would be interested at all or have thought about it, but my grandparents in South Holland are selling my great-grandma's house. They're in the process of remodeling it at the moment to put it on the market, but they already have a few people interested in it, without it being on the market yet! If this sounds like it may be good for you, or if you'd like to take a look at it, give me a call at ###-###-####. Good luck!

I am sorry to hear about your situation and I would start looking for a new place as soon as you can.

We were renting a condo in Chicago and did not know it was in foreclosure until we got a call from a lawyer notifying us we had 30 days to vacate the condo. Our lease was null and void and we really did not have any rights.

The good news is this is the month to find a lot of rentals out there.

Your lease has to be honored, no matter how much time you have left on the lease - by either the current owner or whomever buys the home from forclosure.
Try not to worry! You will be okay!

Thanks,
M. M