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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.

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βˆ™ 8y ago
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βˆ™ 16y ago

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.

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βˆ™ 18y ago

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.

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βˆ™ 14y ago

yes and it is on your credit report for 10 years.

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βˆ™ 14y ago

Yes

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Q: Can you be evicted if your landlord is in foreclosure?
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Related questions

Can a landlord tell another landlord why you were evicted?

Yes they can, unless your state specifically prohibits this.


Can your landlord discuss your eviction with a 3rd party?

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.


Can a landlord sue for back rent if they lose the property in a foreclosure?

The tenant owes the rent to the landlord up the day of a foreclosure sale.


Are you required to move if your landlord files bankruptcy?

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.


Can you sue the landlord for being evicted from an illegal apartment?

yes


Is a landlord exempt from giving 30-days notice stated in the lease agreement to a tenant if the property is about to be sold at foreclosure?

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.


What is the definition of evicted?

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".


Does landlord need to be present while you are being evicted?

Not necessarily: he can have an agent substitute for him.


Can a landlord kick you out even if you rent out a bedroom?

Yes. This practice is called subleasing. If the landlord doesn't allow for subleasing then the tenant can be evicted.


If after being evicted can landlord remove renters items and put in safe place?

Yes, after you are out a landlord can do anything with items you leave behind.


Can a landlord go after the tenant for 3 months of loss of revenue after being evicted?

Yes.


Can my landlord tell my new landlord she found a weed roach if I didn't get evicted for it?

I dont know about this question but i am a 15th prestige on call of duty