Is it legal to rent a house if it is in default and undergoing foreclosure prior to the tenants moving in?
It is legal for the tenant. However, the place cannot be rented out to a tenant by the owner, if the bank now owns it.
Santa Ana, CA
Foreclosure Lawyer at Santa Ana, CA
Practice Areas: Foreclosure, Real Estate ... +2 more
It is legal for the tenant. However, the place cannot be rented out to a tenant by the owner, if the bank now owns it.
The only step that can immediately work if filing personal bankruptcy. You can only do that once in 8 years.
yes you can if you can convince the court your attorney failed to properly advise you.
Of course you cannot be forced to pay a mortgage that is not in your name and that you are not a party to. You need an attorney and bring a clear...
In California, if you are foreclosed on by the First, the Second is not able to go after you for any payment not made to them. HOA is different and...
You can work with all the tenants and get them to share the cost of repairing the building. You can then present the bill for the repair to the...
Your choices include, of course, filing bk. However, do you want that hit to your credit? You could do the foreclosure by doing nothing. There is...
Not unusual. See banks here doing this frequently. They take the money until they are ready to foreclose, then when all targets are set, they...
Two different houses. Not likely, unless LA allows going for such assets. Here they do not.
Unfortunately this is a very common occurrence. Banks frequently will take the trial plan money and go ahead anyway and through folks out of their...