Don't Realtors Check For Foreclosure Prior to Listing Rentals?

[SKB]

Originally Posted by fatwhippet

I apologize, did not mean to offend. You are correct about the children issue, it is the adults. The place we are interested in had some bad adults with kids. They allowed the children to damage the property by gluing things to and writing the walls, digging in the yard and sticking toys in the holes and leaving them there for the landlord to clean up and the list goes on. Again, did not mean to dis kids.

Thank you for clearing that up and apology accepted

[gregm]

Any modified lease should be looked at by a attorney before signing. On the norm all leases can be broken by either party. The landlord could easily reneg. Also if the landlord goes into foreclosure, your lease is worthless per see, without a agreement that the foreclosure party will honor it.

If the mortgage is with MERS you will have to vacate if foreclosed. Check the county records to see who is the last person/entity of lien record.

[DaniellaG]

What do you mean that the lease can be broken by either party? I only thought that was the case if there were problems,ok by both parties,etc but not for no reason. Sorry just confused.