January 14th, 2010 - By
The owner of the house I’m renting gave me notice that the house is going on foreclosure and terminated my lease. She gave me my deposit back and I stopped paying rent. She wants me to move out. If she’s not gonna own the house anymore, do I have to move out? Can i wait till the foreclosure finishes and the bank tells me to move?
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Tags: Content Filter, Don't, Evict, Foreclosure, Have, House, House Foreclosure, House Renting, Lease, Lease Back, Owner, Paying, Rent, Stopped
Posted in Stopping Foreclsoure | 6 Comments »
November 18th, 2009 - By
A friend of mine told that this was true in Texas where we live. She said that the buy the house from the mortgage holder and lease it back to the home owner with the option to purchase it back typically within a year. She says this allows the home owner to reestablish their credit score. Is this true.
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Tags: Avoid, Avoid Foreclosure, Back, Credit Score, Foreclosure, Lease, Lease Back, Mortgage Holder, Persons, Purchase, Realtor, Reestablish Credit, That, Them, They
Posted in Avoid Foreclosure | 7 Comments »