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Many times the new buyer will want tenants to stay. But sometimes a sold property will be used for other purposes.

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Q: What happens to a rental tenant if the owner of the building is losing it in a foreclosure?
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What happens to my primary residence when I can't find a tenant for my rental property and it goes into forclosure?

Assuming the rental properties under foreclosure, it is only that property that is being foreclosed.


What happens after foreclosure?

After Foreclosure, One should find a decent, affordable place to live and to start rebuilding credit.The best way to plan the next step, is to learn as much as he can about the rental and home buying options after foreclosure.


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What happens to you when your landlord gets forclosed on?

This was the case for us during the early 1990's. Our rental home went into foreclosure. We stopped paying rent, stayed in the house for another 2 1/2 months, and then moved.


What are landlords obligations to renter if he breaks lease because he is in foreclosure in the house he live in and wants to move back into rental?

He can't break the lease.


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Can you purchase a home with an eviction?

As long as this was not a foreclosure and it does not show on your credit report, you should be fine. If it shows in your 12 month rental history it could also be a problem


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