Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Page 2 of 2 < 1 2
Topic Options
Rate This Topic
#196258 - 01/23/08 03:02 PM Re: Landlord Foreclosures - Let The Renter Beware [Re: Livechatrealtor]
lgraham Offline
Junior Member

Registered: 01/23/08
Posts: 4
Loc: USA
That happened to my husband and I in one of the homes that we had rented in the early years of our marriage. We had been living in the home for 2 months shy of a year when one morning we found a note from the sheriff on our door stating that the home would be auctioned off in less than a month. We owned multiple pets and in our town it was nearly impossible to find a rental that would allow multiple pets and was in our budget. That scared us because these dogs had been in my husband's family since he was 15 and we would not be able to find new homes for them easily due to their age.

I called the number on the note that was on our door and was told that we needed to be out by the date on the note (we were not given any options to rent from the lender) but that if we were not that we would be evicted and that would buy us a little bit of time. He felt sorry for us because of the fact that we were tenants and had no idea that this was coming (our landlord has just told us that he wanted us to extend our lease).

Since the auction was being handled by the Sheriff we had no way of contacting the lender - we did not even know who our landlord's lender was. It was going to be auctioned off by the Sheriff and that was that.

We were very blessed and found a new home almost right away - it was above our budget but one of my husband's friends from work rented a room from us so it worked out and we got to keep our dogs. If we had not found a pet-friendly landlord at that time, though, who knows where we would have gone and what would have happened to our pets.

Listen to AlexShay - from our experience he is offering good advice.

Top
#196286 - 01/23/08 04:29 PM Re: Landlord Foreclosures - Let The Renter Beware [Re: carrot]
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
Sad story but it would have taken far longer to get them out had they simply stayed and stopped paying rent to save for a new downpayment until the REO agent showed up at the door with a cash for keys offer. Far too many people do not know their rights.


 Originally Posted By: carrot
Our neighbors accross the street a young couple with kids woke up one day to two foreclosure signs on there front yard. They rent a house and when they called where told they had to be out by end of month two weeks before Christmas. They moved in 8 months ago and paid rent and homeowner never paid bank anything. They lost there deposit and having to move right at the holidays was hard. This guy forclosed on numerous properties. I felt so sorry for them but was an eye opener about renting right now.

_________________________
Paul Oaks
Oaks Real Estate Group

Top
#196307 - 01/23/08 05:46 PM Re: Landlord Foreclosures - Let The Renter Beware [Re: Concepts05]
Retsof Yor Offline
Veteran Member

Registered: 12/03/05
Posts: 679
Loc: South Central Kansas
Yeah...

It is also the way of the REO lenders I work with here on f/c properties regardless of SFD or MF status in any configuration.

I have one in PreFC that at best reminds me of a mix between *driving miss daisy and fried green tomatoes*

I admit liking these two chick flicks but here, miss daisy doesn't have a car and her toto is really big!

counting the days...
_________________________
Roy J Foster, KS Lic #BR0039462
R J Foster & Assoc., LLC
Cert. A*REO Agent
Cert. FHA Inspector ID G551
Cert. FHA 203K Consultant ID D0631
Cert. FHA LBP Maintenance Supvr ID 7534
Cert. Vendor Resource Management REO Specialist
316-771-7419
http://www.investment-properties.org

"I am only as strong as the coffee I drink and the hairspray I use."

Top
Page 2 of 2 < 1 2






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
DCBroker, midpen786, healthinsurance, manhattanscout, hghgh
20765 Registered Users
Who's Online
22 registered (BPO123, AgentinMA, ColoREO, cmm, Ashlin, 4 invisible), 169 Guests and 5 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 90
Vermont 89
HomeTeamGA 52
smg 41
pikes peak 40
pro 40
shana 40
Kjmendy 38
Artiste 37
75Corvette 37
Brad - W4BJM 36
Doin' bpose 34
realyte 31
Dave23 30
VABroker 28
(Views)Popular Topics
No new orders today 3959453
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2028021
Stupid MLS comments. 842264
EML 457988
Evalonline 299344
Land America 284999
Mainstreet 261428
What do you know about Froy Candelario, top agent in USA 248712
Pay it Forward - BPO/REO Tips & Tricks I & II 223597
New HUD Listing Brokers---Any Update? 223016
Is there religious content in Buffini class? 197398
Stupid QC comments and BPO requirements. 187350
FARVV 177240
REOTRANS 151498
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134437
FARVV 126751
Let's talk about our cars 120466
PAS 118318
Featured Member
Registered: 01/02/07
Posts: 658

How To Advertise Here


This site presented by RNC Internet Services