Tenants in Foreclosure- January Update

Well, I feel like I should just copy and paste any of my posts from the last several months because it’s all the same. The auction date for the sale of the home I live in and rent has once again been postponed a month.

The day after Christmas my husband, daughter and I were all in the family room playing rockband and having a great time enjoying what Santa brought when I look out the window to find a strange car pulling up to the home and snapping photos. Really? You can’t take the Christmas weekend off?

The next day the landlord sent an email informing us that they are approaching the end of their modification period and the bank is doing its final review so not to be surprised if somebody comes by. I guess he didn’t realize that we’ve been living with theses monthly drive byes.

The landlord again was kind enough to again send a “friendly reminder” that the rent was due by the 5th. I had to fight by the urge to give a snide remark letting her know that the reason the rent is not being paid on the 1st as it was for a year before we fell into the situation they caused is because we have to wait and see if the home is sold. We have to spend our time calling the trustee to see if the landlord is in fact entitled to the rent.

So, I hope to have a better update soon since they are supposed to be near the end of the modification process. I really can’t fathom how this is going to work out for them since by my estimation they are about $200,000 underwater.