What to do when an owner rents you an apartment they know is being foreclosed?
About 2 1/2 months ago I moved into to a condo. The day after I moved in a guy came by to change the locks. Said the place was going to be foreclosed by the bank. Crap bag owner didn’t tell me this and lied for about a week after until telling me that he had until the 24 of this month to get up to date. He told me he would just let it go. Now he is telling me that he was approved for a short sale by the bank and keeps harassing me to let people come see the place. Weird thing is I can’t find this place listed anywhere. What I’m thinking is he is trying to sucker someone else into renting the place now that I told him I did not feel comfortable staying. What should I do.
I did not sign a lease. The kid told me he would rather not have me sign one.
How can I be sure that he is not just trying to rerent to screw someone else?
He obviously lied to me. I gave him $2500, and was told the very next day that the locks had to be changed by the bank.
Why would the bank be trying to change the locks if they were not yet the owners?
He then lied to me for a week. So to sum it up, he took my money while owing the bank and did not put any of it towards the mortgage.
I am not trying to be a dick here, but the guy totally conned me. I have kids. I moved in thinking I could be there for atleast a year. He gave me no reason to beleive that 2-3 months later I would have to move. I paid $1000 to move my stuff in and now prematurely will have to pay another $1000 or so to move out.
Your issue with the landlord is a completely separate issue than his agreement with the bank.
You have to fullfill your agreement with the landlord, especially paying rent on time, for he can still evict you over this issue, even on a verbal lease you have to give 30 days notice to vacate. You still have to do this up until the condo is sold, and the ownership changes hands, that person may choose to let you out of the lease and you will have to vacate if they decide to do that.
Now, I don’t think he is trying to re-rent it, he is trying to SELL the place so he can get it out of his hands. Its not listed anywhere since the bank its trying to sell it, or your may not see where its listed, since the bank makes that decision not your landlord.
take him to court
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If you signed a lease, you are obligated to pay the rents to the current owner as agreed, until the date that ownership changes hands to the lender or to someone else. If you are on a month-to-month agreement, you can simply give him the requisite thirty day notice to vacate the premises. Meanwhile, if the landlord gives you the appropriate notice required by your state, he is allowed to enter the premises to show the property to prospective tenants, whether you are at home or not.
There has been talk of new regulations covering folks who find themselves in your position, but I do not believe that such laws have yet been passed.
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Your issue with the landlord is a completely separate issue than his agreement with the bank.
You have to fullfill your agreement with the landlord, especially paying rent on time, for he can still evict you over this issue, even on a verbal lease you have to give 30 days notice to vacate. You still have to do this up until the condo is sold, and the ownership changes hands, that person may choose to let you out of the lease and you will have to vacate if they decide to do that.
Now, I don’t think he is trying to re-rent it, he is trying to SELL the place so he can get it out of his hands. Its not listed anywhere since the bank its trying to sell it, or your may not see where its listed, since the bank makes that decision not your landlord.
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