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mxracer458
so the owner of the house im renting stoped making payments back in april,i keep bugging brandon on here for updates/status of the house since the owner said stay till you get kicked out,is there a website that i can check myself to see the status of the house im living in?or is the info only for lic, real estate people?just trying to stay one step ahead of these guys
sandy claws
Good question I'm in the same boat , Landlord says he's doing a refi but we keep getting letters from lawyers AND the bank saying they need to talk to him.,... I just need to know the truth and want to know if he's actually letting the house go.
Rockwood
Is the owner charging you rent still?

From seeing friends go through this situation, it's taken as long as 24 months before the bank started evicting. Of course, every situation is different, but if you're not paying rent, consider not knowing when you'll get kicked out as the cost of free rent. icon_biggrin.gif

If you are paying rent, I'd talk to your landlord about renegotiating your lease.
HappyW/VForce
Can you contact the bank? Work out a rental with them. I would not pay landlord anything.
mxracer458
no not paying rent,he told us how he could not afford it when are lease was up,so he said he would pay april and that would be the last payment and we could stay there as long as we could before getting kicked out,he just asked if we would not tear the place up.i just wanna k now if there is a website i could check the status of the place
Infidel Defiler
Try the link below. It updates weekly, and is pretty accurate. put in your address. It will tell you which stage it is in and the auction date. Once it's auctioned, you can assume your going to have to move. time depends on location. In this market it seems like the banks are moving slowly, i guess it depends on how fast they think they can re-sell the property. In my neighborhood, I see people still in their houses 6 months or more after it has been auctioned.

http://www.realtytrac.com/home/
mxracer458
thanks im going to give it a try,ya he bought it for 305 and 300k and there selling for 140-150ish and its a townhome so im not sure how fast a bank would want this
chevy5150
When the home does foreclose the bank may offer you cash for keys since they will not want you to trash the home. Many times I have had clients that were foreclosed on in the past and they were offered $2500 just to leave.

PM your address and I will try to see what I can find for you.
SDB
Send me the address and I can check for you.
Crusty
QUOTE (chevy5150 @ Aug 3 2011, 11:54 AM) *
When the home does foreclose the bank may offer you cash for keys since they will not want you to trash the home. Many times I have had clients that were foreclosed on in the past and they were offered $2500 just to leave.

PM your address and I will try to see what I can find for you.


This.
SDB
QUOTE (Crusty @ Aug 3 2011, 01:06 PM) *
QUOTE (chevy5150 @ Aug 3 2011, 11:54 AM) *
When the home does foreclose the bank may offer you cash for keys since they will not want you to trash the home. Many times I have had clients that were foreclosed on in the past and they were offered $2500 just to leave.

PM your address and I will try to see what I can find for you.


This.


The bank WILL offer you cash for keys. I have 20+ agents who work with REO properties, so this is first hand (not "heard from a friend" type info). The bank authorizes a certain amount for every REO. Does not matter if you are the owner. Last one to come through last week was $5,350 for a 100k condo!
Jayrock
QUOTE (mxracer458 @ Aug 3 2011, 11:37 AM) *
so the owner of the house im renting stoped making payments back in april,i keep bugging brandon on here for updates/status of the house since the owner said stay till you get kicked out,is there a website that i can check myself to see the status of the house im living in?or is the info only for lic, real estate people?just trying to stay one step ahead of these guys


Pm your address, and i'll tell you if you have a Trustee Sale date coming up or not? That goes for anyone else on here thats in the same boat that wants to know....
ivan dan
QUOTE (SDB @ Aug 3 2011, 01:27 PM) *
QUOTE (Crusty @ Aug 3 2011, 01:06 PM) *
QUOTE (chevy5150 @ Aug 3 2011, 11:54 AM) *
When the home does foreclose the bank may offer you cash for keys since they will not want you to trash the home. Many times I have had clients that were foreclosed on in the past and they were offered $2500 just to leave.

PM your address and I will try to see what I can find for you.


This.


The bank WILL offer you cash for keys. I have 20+ agents who work with REO properties, so this is first hand (not "heard from a friend" type info). The bank authorizes a certain amount for every REO. Does not matter if you are the owner. Last one to come through last week was $5,350 for a 100k condo!


Good info! Just to add...

I've seen sometimes this amount is negoatiable and you can explain to the bank that you can't afford to move and they will increase the amount. I've seen multiple clients do this successfully.
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