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By streeted - This FML is from back in 2010 but it's good stuff - United States

Today, after selling some furniture and jewelry to make the rent this month, I woke up to find a foreclosure notice. The landlord hasn't paid the mortgage in 6 months, so I'm evicted anyway. FML
I agree, your life sucks 35 080
You deserved it 2 363

Top comments

Oh my gosh, that sucks! Look at the bright side, now you can take him to court and get twice the amout back. Depending on the state rules where you live. FYL indeed!

So you don't have to leave until the new owner makes themselves known. Then if te new owner wants you out, they have to pay to move you. In any state: as the renter you are protected because it isn't your fault the mortgage wasn't paid. Getting a renter out is more difficult than an owner. Call your landlord/tenant hotline for your state to verify your rights.

Comments

SaintE_fml 0

at least u still have sum money that u can buy a new apartment with...

Check your rights in your state. Don't pay him shit and maybe take some appliances with you as a nice consolation prize!

You aren't evicted yet. Even if the new owners (could take a year or more for it to change hands) evict you, it's not going on your record as an actual eviction. Not paying your rent would. A notice of foreclosure only means that the bank is starting the foreclosure proceedings, which can take quite a bit of time. The bank has to take the landlord to court and it depends on how backed up the courts are and if the landlord fights it. You are legally bound to keep paying rent to your landlord and then to the new owner once it changes hands as per your lease. If you don't pay your rent, he can evict you which goes on your credit report. Good luck finding a new place for the next 7 years if you go that route. The lease is bound to the building, so the new owner has to honor it. However, if the new owner wants to break your lease, they can without too much hassle. It's a loophole in renter's right when a building changes hand by sale or foreclosure where the new owner can evict all (without credit issues) for pretty much whatever reason they want. Like renovation. You'll be given 60 days notice and in some cases money depending on state laws. Though depending on the real estate market in your area, it's usually still a better choice for them to keep renting to you as it's money coming in. Taking the landlord to court will be pointless as he's broke. You will also more than likely loose your security deposit as that's an odd part of the lease that doesn't transfer to the new owner. My last apartment was in foreclosure before I moved in, sadly landlords don't have to disclose that fact when signing a lease. 6 months later the bank owned the property. I stayed out the rest of my lease and moved not because the bank told me to, but because my upstairs neighbour was horrid.

No_habla_espanol 11

I wanted to read it but it was just WAY too long. :/

adorkable_spazz 0
831_salas 0
ladybugobgyn 0

YDI for not having enough money to pay your rent. Welcome to the real world.

Punkpoptart1119 20

#38, you're a douche. There are things called bills, you know, the things that mommy and daddy pay for you, and obviously OP has other bills to pay. And why would they deserve to be kicked out of their place just because the landlord didn't pay the mortgage? That's the landlords fault, not OPs. Maybe you deserve to get kicked out of your place for some stupid reason..

Damn that sucks.. I'd sue your landlord or something. But that's just me.