Colli Real Estate

What rights do tenants have if a house they’re renting is taken over by the bank (landlord not paying mrtg)?

We found out a week ago that our landlord wasn’t paying mortgage on a house he leased us, and it’s up for foreclosure, some huge company took it over, and are evicting us, giving us $500 to get out in 9 days and clean the house up for them. It’s unfair and quite frankly insulting: they’re basically kicking us out without a care for whether or not we find a new place, and paying us the $500 so that they don’t have to go through the trouble of hiring a cleaner to clean up the house. They’re also acting a bit suspicious: we can’t find out the new owner’s name, contacting him through a realtor he hired, and they are absolutely set on us getting out by a certain date, and we suspect they don’t even own the house yet (it’s in preforeclosure state now) – could they be trying to evict us before they even own the house? Do we have any rights if we’re still in the house when they buy it? Are they trying to get rid of us so it’s empty when they do buy it and don’t have to work with us?

They cannot force you to be out in 9 days no matter what the situation is.
If the house is in PRE foreclosure they do not own the house.
If the house is going into foreclosure your lease applies and only your LANDLORD has the authority to evict you based on whatever your lease says and on the laws of your state.
If the house has been foreclosed the new owner can evict you through your state’s legal eviction laws. An eviction is a legal process, you go to court and the judge has final say. You should start looking for a place to move to because in the end that is most likely what is going to happen. Would you want to rent from someone who has already treated you badly? You should show up for court if they evict you. The judge may give you some time to move out. Good luck.
If you have paid your rent and they want you out in 9 days the $500 they have offered is nothing more than a return of your rent! You are gaining nothing by agreeing. If they cannot prove that they own your rental unit do not agree to anything with them. Keep your current landlord in the loop. They could be scamming both of you.

Housing Foreclosures in Worcester

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