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| Posted by: Rosemary from Nevada on May 19, 2009, 5:58 pm |
Comment:
Does anyone know if a house is in escrow, do we continue paying the landlord, or should we set the rent aside? The house we're renting is slated for foreclosure this week, however the owner found someone to buy it and says it's now in escrow. The purchaser is supposedly an investor. |
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Replies to this comment:
Posted By Rosemarie from Nevada on January 4, 2010, 5:54 pm
I have my Real Estate license in Ca. and if an investor is buying your home they may want to keep you as a renter in less their trying to resale it..Ask the Agent that has sold the house. They may be able to relay the message to the investor if you want to stay in the home and rent from him.
Posted By Elvis from California on June 21, 2009, 9:54 am
I don't know where you should put the money, but you are right to be putting it SOMEWHERE. Make sure you keep good receipts and records to avoid getting evicted by the new owner.
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