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The time is now 10:02 pm
You last visited
April 24, 2024, 7:59 pm
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Eastern Time (GMT-5:00)
If you are a renter...
Published:
it wouldn't hurt you to make sure that your landlord is paying the mortgage on the place. If where you dwell is foreclosed on, you can be unceremoniously booted out by the sheriff (15mins to an hour notice), even though your rent payments are up to date.
Nah, that'll never happen here, right?
(Locked)
Entry #130
Comments
All their belongings all over the front yard!
lol
(not really funny though).
BTW, I know you aren't directing your "that'll never happen here" comment at lil old me (or are you?) However, in a thread I did say something similar, but it was "that won't happen to ME" Every situation is different. If you really want to read something depressing, this article from last month is about the people being thrown out on the streets of So FL. www.nytimes.com/2008/06/04/us/04evict.html
I'm saying people who *do* pay their rent may find the house foreclosed on. While there is plenty of time between that day and the eviction day, many folks won't be warned (some unethical people will even still collect rent money) that they have to find a new place to live. The knock on the door will be their first notice & last notice. Don't forget, the laws vary by state. I have seen cases where people only got 2 hrs.
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