Bank Foreclosure Statistics
May 23rd, 2007
Bank Foreclosure Statistics
Question: Can I file an unlawful detainer on a tenant in a foreclosure home(ca)?
My parents were renting out a property in California, they become one of the statistics with a bad loan where they couldn t keep paying the high mortage on that home. They still continued collecting rent money. The tenants were given a 30 day notice but they havent left after 18 days now. Was it unlawful to continue collecting rent and not sending the bank any and to go ahead and evict the tenants? The tenants were being adviced that we were loosing the home and we would be trying to sell or it was going into foreclosure. Can I still file for an unlawful detainer or will this come back and bite us in the ass? The tenants just found a notice of trustees sale on the door with a sale date. I have a feeling the tenants will try to stay as long as they can without paying rent. What can I do?
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Answer: youve got a tangled mess here....you need to do things in order 1,2,3,4, not 1,3,4,2,6...
you need to talk to a laywer and find out where your actually at, and how to proceed....................
Inflation, deflation, subprime mortgage crisis, & banks
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Posted in Bank Foreclosure | 
Tags: Article Bank, bank foreclosure, economics, Finance, housing, mortgage, realestate, Statistics
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