A landlord that has a choice of renting to a person who has a repo and a person who doesnt will likely choose the NON repoed person. Why?? They manage to PAY their bills SOMEHOW. YES, it LOWERS your credit score making it harder to get credit. Rent is a form of credit.
An owner doesn't foreclose on his own property. He gets foreclosed on by his mortgage company for a property.
His being foreclosed may effect more than the specific property being foreclosed. It depends on several factors, including how much the initial property sells for compared to the debt he has on it, and if less than the debt, what other assets he has to satisfy the deficiency.
No, not unless the landlord requires a credit check before moving in. Many cases, they will still rent to you because renting is less risky than buying a home.
Yes
It might be best to ask the Housing Authority that issued the voucher. Bankruptcy has nothing to do with the tenant. As far as the foreclosure, it depends on what stage the foreclosure is in. Until the foreclosure sale happens, the tenant owes the rent to the landlord.
they call the landlords association and they keep track of that somehow
yes. you arer under contractual obligation to pay regardless of what is happening with the landlord
The foreclosure sale will function to terminate the lease. However, until the foreclosure sale takes place, the owner is still the owner, and the lease remains in effect.
If you were evicted for non-payment of rent, your landlord COULD file a lien against you for the unpaid amount.
Yes they can, unless your state specifically prohibits this.
If your landlord evicted you he has the right to tell another party, such as a potential renter, that he evicted you. He may not tell another person that he will or is about to evict you.
The tenant owes the rent to the landlord up the day of a foreclosure sale.
The basic rule is as follows: if your landlord files bankruptcy that is a matter between your landlord and his creditors, not you, the tenant. You are still required to pay rent or be evicted, as long as your landlord has control over the property. This applies to whether the landlord has filed for bankruptcy or if the property is under foreclosure. In either case, if you end up staying on the property, the new landlord will provide further instructions on whether to stay or to move.
yes
No. If the property is about to be foreclosed, the landlord has no obligation to give the tenant any notice of anything. After the foreclosure, the landlord will have nothing to do with the tenant.
To get kicked out or put out of. For example, to be removed or told to leave a property by a landlord. "Mrs Smith was evicted from her house for not paying the rent".
Not necessarily: he can have an agent substitute for him.
Yes. This practice is called subleasing. If the landlord doesn't allow for subleasing then the tenant can be evicted.
Yes, after you are out a landlord can do anything with items you leave behind.
Yes.
I dont know about this question but i am a 15th prestige on call of duty