Foreclosures Help Information

Posts Tagged ‘Rent Property’

Rent Foreclosed Property

Question: Is there a way to find out if the property i'm renting is near or will be foreclosed?

Our landlord will not fix anything on the property. Since our lease is up we stopped paying them rent but would like to find if the property were renting is near foreclosure.

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Answer: 1. foreclosures are warned in the legal notices section of the newspaper in your community. check back issues for your address.

2. you can trace the property title and discover the original lender and any substitutes. then look for that name in the same legal notices. find their local attorney for foreclosures. without telling them of your specific interest, ask them if you can be told of the foreclosures they have underway as you're interested in buying at least one such property.

3. look for internet based foreclosure listing services that deal in your area. they charge fees.

4. ask any RE agent if the property is listed in MLS as for sale. This can happen without a sign being put up [although most RE agents want the sign, they won't insist on it if owner doesn't want it].

5. have someone else call the owner and ask if the property might be for sale. they'll need a good line worked up in advance.

i'm out of ideas here.

Zingow-FORECLOSURE PROPERTY: Rent to Own

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