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| Mortgages, Refinancing, Foreclosure All matters concerning mortgage foreclosure law and refinancing. |
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Aug 23rd, 2007, 07:58 AM
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#1 |
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Junior Member
Last Online:
Aug 30th, 2007 04:54 PM Join Date: Aug 2007
Posts: 2
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Lessee in Foreclosed Property
I am a tenant in a property that was forclosed on in GA. I was trying to purchase the property from the previous owner before the foreclosure but we unable to get the necessary docs from the previous lender. I was contacted by the attorney representing the new lender and he referred me to the assigned agent. I explained that we had and have approval documents from our bank with contact information, but she says the properrty has to be vacated before any purchase can take place. What are my rights?
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Aug 24th, 2007, 03:25 PM
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#2 |
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Top Level Member
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Nov 16th, 2008 01:08 PM Join Date: Feb 2007
Posts: 723
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Re: Lessee in Foreclosed Property
You don't have to leave in some cases if you have a valid lease. Have you been paying rent? Have they notified you to vacate?
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Aug 26th, 2007, 11:34 PM
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#3 |
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Posts: n/a
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Re: Lessee in Foreclosed Property
I have a valid lease and documents to show an approved loan for the property prior to foreclosure date.
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Aug 26th, 2007, 11:38 PM
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#4 |
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Junior Member
Last Online:
Aug 30th, 2007 04:54 PM Join Date: Aug 2007
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Re: Lessee in Foreclosed Property
I have a valid lease and approved loan documents for the property prior to foreclosure date.
Last edited by Purchase : Aug 26th, 2007 at 11:39 PM. |
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Aug 29th, 2007, 08:51 AM
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#5 |
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Posts: n/a
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Re: Lessee in Foreclosed Property
The lender could try to evict you but see if they will work out something
They may be happy to sell to you. |
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