I am getting phucked, again, and it hurts - Page 4

ontwo · 03-31-2010, 09:43 AM

More than likely the bank will bid it in at auction. If that is the case, you will be able to keep renting and pay rent to the bank while they try to sell it. In this economy, you may have a while. Either way, you should be looking for something immediately.

This shit is happening everywhere. Landlords not using rent to make the payments. I've been involved in several recently.

Sucks bro. Good luck

AquaPython · 03-31-2010, 09:51 AM

last house i rented, kids couldnt pay the bills and house got foreclosed. it was a damn good thing i was already looking to buy one of my own, or it could have been really ugly. I have been screwed from rentals from private people to huge mega corp rental entities in large apartment complexes. nobody is safe unless you own.

you are pretty much screwed , unless you refuse to leave and become a squatter like the fucks across the street from my house.... possession is 9/10's the law, and the law seems to favor squatters...

Cutty72 · 03-31-2010, 12:41 PM

Get ready to move, just in case. Start looking for a place.

Tmall · 03-31-2010, 12:48 PM

Quote:

Originally Posted by drewpy

my question is when its sold how long do i have until i am forced out

Hard to say, if you're living there you're in some form of implied contract. You could be a dick and refuse to leave, then they would have to evict you legally..

Or, they could come in and throw your shit in the street and say GTFO!

Call a lawyer?

dReWpY · 03-31-2010, 01:03 PM

and to top it off i think the car has a hole in a piston

AquaPython · 03-31-2010, 01:04 PM

hold out as long as you need, but start looking now. by the time the first eviction note shows up , you usually can draw it out for 3 months.

Sean · 03-31-2010, 01:34 PM

Leases roll over, the new owner has to abide by it unless they buy you out. If you're in a month-to-month, you get 90 days to leave. Problem is, there will likely be no maintenance performed if the bank takes it. Personally I'd just quit paying rent and invest in a storage unit, but you're legally entitled to a roof over your head for the duration of the lease you signed.

smileyman · 03-31-2010, 01:48 PM

Didnt sign a lease according to the thread. My bank just went thru all this with a rental we foreclosed on. I begged the tenats to sign a lease to the bank but they didn't, now the property has sold and they have 30 days to get out...

lauralynne · 03-31-2010, 02:02 PM

Call the auction place and ask about "Cash for Keys" - it's usually around $2000 relocation assistance and in return you get ALL your stuff out and leave it broom clean in a certain amount of time.

Just because it's gone to auction doesn't mean you have to be OUT of there by tomorrow.
You have options, just not as many as you had yesterday

6doublefive321 · 03-31-2010, 04:17 PM

Welcome to the modern world. There was a time when a person's word meant something, but I'm having a hard time remembering when that was.

03-31-2010, 09:43 AM	#31
ontwo Designated Drinker Join Date: Jul 2008 Location: shitville Moto: 2009 ZX6R Posts: 1,661	More than likely the bank will bid it in at auction. If that is the case, you will be able to keep renting and pay rent to the bank while they try to sell it. In this economy, you may have a while. Either way, you should be looking for something immediately. This shit is happening everywhere. Landlords not using rent to make the payments. I've been involved in several recently. Sucks bro. Good luck __________________

03-31-2010, 01:48 PM	#38
smileyman White Trash Hero Join Date: Mar 2008 Location: NW Arkansas Moto: Buell 1125R Porco Rosso Edition Posts: 4,895	Didnt sign a lease according to the thread. My bank just went thru all this with a rental we foreclosed on. I begged the tenats to sign a lease to the bank but they didn't, now the property has sold and they have 30 days to get out... __________________ Arkriders.com To be the best you must first be willing to risk the worst!

03-31-2010, 02:02 PM	#39
lauralynne 667:Neighbor of the Beast Join Date: Mar 2008 Location: Everett WA Moto: VTR1000, SV650, FZR400, CRF150 Posts: 1,403	Call the auction place and ask about "Cash for Keys" - it's usually around $2000 relocation assistance and in return you get ALL your stuff out and leave it broom clean in a certain amount of time. Just because it's gone to auction doesn't mean you have to be OUT of there by tomorrow. You have options, just not as many as you had yesterday __________________ WMRRA's slowest Expert! triathalete, mom, racer, rider, friend, sister, wife - all in one tidy package! Married my best friend 8/30/09

03-31-2010, 04:17 PM	#40
6doublefive321 Resident Droog Join Date: Mar 2008 Location: Northern burbs, Atlanta Moto: 625 SMC, '08 Tuono R Posts: 471	Welcome to the modern world. There was a time when a person's word meant something, but I'm having a hard time remembering when that was. __________________ I'm sick and tired of being bored.

03-31-2010, 01:34 PM	#37
Sean giggity Join Date: Nov 2008 Location: socal Moto: street, sumo & dirty Posts: 1,071	Leases roll over, the new owner has to abide by it unless they buy you out. If you're in a month-to-month, you get 90 days to leave. Problem is, there will likely be no maintenance performed if the bank takes it. Personally I'd just quit paying rent and invest in a storage unit, but you're legally entitled to a roof over your head for the duration of the lease you signed.