Another Landlord Pockets Rent While Home Goes Into Foreclosure; Tenant Faces Imminent Move

In California, the Tracy Press reports on the story of a tenant who:

• "is one of the indirect casualties of the sharp downturn in the housing market. She’s rented the same house with her kids for two years, but not for much longer, as the home she lives in is being hit by the foreclosure bug. [... She] learned recently that her home will be sold [at a trustee's sale] at the San Joaquin County Courthouse next week."

Reportedly, the landlord is trying to find a solution, but if one isn't found, a search for new living accomodations for the tenant and her five children, ages 5 through 18, may be imminent. For more, see Hit by a bank shot.

For other stories on tenants unknowingly renting homes in foreclosure, go here, or here, or here. unwittingly equity skimming beta