The owner of the aparment that i live in the bank forclosed on her, cant not get in touch with her. Who do i send the rent to if i send it to her can she keep it,would the new owner or the city want me to pay them. Don't know who to talk to i do not know witch bank or anything about was is going on.
2007-06-28 03:10:58 · 6 answers · asked by carpathian3030 6 in Business & Finance ➔ Renting & Real Estate
How do i find the bank, have no name or any paper work on witch bank it is.
2007-06-28 03:39:53 · update #1
Until the bank notifies you otherwise, you continue to mail your rent to the owner's address. If your rent checks are returned, hang on to them UNOPENED until someone contacts you. Of course, do NOT spend the money that was allocated for those checks. Somebody will be looking for it, most likely sooner than later.
You are under no obligation to track down the bank or new owner. It's their responsibility to notify you of the change in ownership and provide you with the new mailing address for your rent checks.
2007-06-28 03:23:11 · answer #1 · answered by Bostonian In MO 7 · 2⤊ 0⤋
Don't send it to the old owner. You will need to get it to the new owner somehow but they really need to contact you. I'd just put it aside in a seperate escrow account until you figure out who gets it.
Note this does assume the property has actually been taken back by the bank. If the foreclosure process is only started you keep sending the payment to the old owner until the bank takes the property back.
2007-06-28 10:17:04 · answer #2 · answered by Slumlord 7 · 0⤊ 1⤋
Your rents are due to your current landlord UNTIL the foreclosure process is completed and title has been transferred to the bank/lender. You can phone your local land records office to find out the name and address of the current owner of the property.
If it's the bank, then it's time to stop sending money to the landlady and contact the bank for further directions.
2007-06-28 10:15:52 · answer #3 · answered by acermill 7 · 0⤊ 0⤋
If you can not contact anyone; place the normal payments in a seperatye account (escrow). When the bank or whomever contacts you, you can show them you have the money in escrow and then pay them.
Or just save the money and find a new apartment to rent. Good luck!
Addison_Raye_Group@yahoo.com
2007-06-28 11:25:12 · answer #4 · answered by Addison Raye Homeownership Grant 1 · 0⤊ 0⤋
Call the bank that foreclosed on your landlord and find out where they should go. Maybe you'll send them directly to that bank? Just a guess, but definitely call the bank.
2007-06-28 10:15:13 · answer #5 · answered by Katie L 3 · 0⤊ 1⤋
I would go talk to the bank. Changes are - they are taking the money, anyway.
Wow - tough situation. Good Luck on that
2007-06-28 10:15:01 · answer #6 · answered by Anonymous · 0⤊ 1⤋