What happens when a tenant is in possession of a property when it is foreclosed upon?
Many times the tenant finds out that the home is in the foreclosure process by receiving some sort of notice in mail or posted on the door. At this time the tenant is still obligated to pay rent and if the tenant stops paying rent then the owner could start the eviction process if he chooses. However many times the landlord Continue reading
The Real Estate market in San Diego is strong. The rental clients are not the typical want to be homeowners of the past. Today’s renters see the possibility of being renters for the next few years. The typical renter today may have had to sell their home in a short sale situation or sell their home in a foreclosure sale. Because of today’s economic conditions we see many renters who have owned homes and business and lost Continue reading