Saturday, June 07, 2008

More On Tenants Facing Foreclosure Evictions

Some links to recent stories on unwitting tenants getting evicted as a result of their landlords pocketing their rent while not making the mortgage payments, thereby allowing the properties to go into foreclosure:
  • Atlanta, Georgia: WXIA-TV Channel 11 - Housing Crisis Hits Apartment Dwellers (story of a single mother with three kids who, along with 17 other families, will be evicted from an apartment building abandoned by the landlord; she unwittingly paid the landlord six months rent in advance),

  • Palm Beach Gardens, Florida: The Palm Beach Post - Landlords fall into foreclosure, leaving tenants in shock, lurch (a single mother with two young kids who last month signed a lease for a townhouse; only two weeks after she had signed the lease, a man knocked on her door and delivered a mortgage default notice from the landlord's lender. The landlord hadn't made a mortgage payment in eight months.),

  • Venice, Florida: WWSB-TV Channel 7 - Venice couple evicted with no notice (couple who had been renting their house for more than two months, never missing a payment, are padlocked out of the home; everything they own is outside, covered with tarps. Along with their belongings, two cats and a dog are homeless now).

For other posts involving the problems tenants face in homes in foreclosure, go here, go here, go here, go here, go here, and go here. equity skimming unwittingly digamma