How do I find out if the house I am renting is in foreclosure?
Nov 16, 2009 in
Financial and Loan Tips
Rose
I keep receiving mail for the owner from the Mortgage company. I am sure they are notices of delinquency and the house is about to go into foreclosure. Do I contact the mortgage company? My rent gets paid to a property management company, do I inform them of my concerns? I have 4 kids and love the home I rent! And if it is in foreclosure should I look for a new rental?
I keep receiving mail for the owner from the Mortgage company. I am sure they are notices of delinquency and the house is about to go into foreclosure. Do I contact the mortgage company? My rent gets paid to a property management company, do I inform them of my concerns? I have 4 kids and love the home I rent! And if it is in foreclosure should I look for a new rental?
Like this post? Subscribe to my RSS feed and get loads more!
4 comments
i am not wrong on November 16, 2009 at 1:56 pm
Call a local title company. if you are in a state where the info is public (eg Calif) they will tell you who holds the note. then you can call them. but they often wont tell you. definately talk to the property manager. if they dont do their best to find out they will be liable to you for damages.
that is your best approach.
misskitty on November 18, 2009 at 6:01 am
The property mgmt is not paying the mortgage company the payments you have been paying. Personally i would call the mortgage company to see if they have been getting payments. First of all, just explain that you are receiving mail for so & so, but you rent the house & pay thru a prop. mgmt co. Go from there to see if it is delinquent. The mgmt co sounds like they are stashing the rent, do you pay in cash? check? make sure you have all receipts to prove you are renting.
Ed Atun on November 20, 2009 at 2:17 am
Yes, contact them. The owner of the home signed a mortgage paper called “Assignment of Rents”. If the owner does not pay the mortgage, they must at least send in the rent they collect. Otherwise they are skimming the rent. Call the lender and ask if they want you to pay directly to them. They will be thrilled to hear from you. they may even give you a discount. One guy got a $500 bonus if he left the house clean when he moved out after the foreclosure.
toddwhite88 on November 22, 2009 at 12:32 pm
You are not alone on this one! Thankfully there is now a website that can answer your question!!
The web address is
All you do is enter your address and as easy as that you will know, and don’t worry ITS FREE.
*** If your rental is not in foreclosure you can even sign up for e-notify which will then e-mail you if your landlord defaults!!