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Old 05-25-2011, 05:49 PM
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Default Landlord of house I'm renting is going into...

...foreclosure, what do i do? Ok, first off I rent the back house, and another couple rents the front house. We live in California and the landlord lives in Arizona, so we've never had direct contact from her. We've rented the back house since December, them since February.This all started yesterday when some aggressive real estate agent started talking to the front house renters saying that the house was in foreclosure and started asking questions. They didn't believe her, so they contacted their broker, and he did some research.Later on their broker called and said that the landlord hadn't paid the mortgage since October, and was going into foreclosure within a couple weeks. He then contacted the landlord and asked if it was, and she claimed everything was fine. He then pointed out what his broker found out, and she said she'd paid the minimum and was recalculating the loan, which was a complete lie.What I need to know is what do I do? Do i still pay her rent even though she's been collecting it and hasn't been paying the mortgage on the house? Do I conctact the bank that has the mortgage on the house and verify facts for myself, and is that even legal?I really don't want to get screwed here and have no clue what the process is, I'm only 27 and have never owned a house.Thanks.
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