If the landlord still has control over the property he can still collect rent-- and evict you if you don't pay.
Yes. The tenant owes the rent to the landlord, right up until the foreclosure sale happens.
Not until there is a foreclosure sale.
The tenant owes the rent to the landlord up the day of a foreclosure sale.
Yes you can, but in most states you have to tell the potential tenant about this foreclosure.
Until the foreclosure sale takes place, the rent is owed to the owner on the rent day.
There's plenty of ways to help with your home foreclosure. If you really would need to stick to it, you should apply for loans everywhere or just temporary have someone rent the house.
Yes, the tenant must continue to pay the rent to the landlord who has control over the property. When the foreclosing entity takes control over the property, the tenant will be given instructions on to whom and where to pay the rent, or other instructions such as to vacate the premises.
Generally speaking, as long as the landlord has legal control over the property, the rent is still due him and he may continue collecting it. However, most Housing Authorities prohibit landlords from becoming in default of their mortgage. Generally speaking, if the Housing Authority tells you to continue to pay your rent, you must do so or risk eviction- And possibly the loss of your voucher.
yes
Usually after 3 months of not making payments on your mortgage or rent, you will get a foreclosure notice. If you are renting its usually sooner.
My house is going through foreclosure. My biggest need is money to move and finding a place to rent.
Yes, you can. But you must tell your new tenant about the foreclosure so that he can make a good decision on whether to rent the home. The new tenant will receive instructions from the foreclosing entity when the process has reached that point.