I rent a house. My landlord has informed me that she sold her house back to the bank. I was told that the bank will pay me to move if I just stay. I also live in California.
2007-12-06 04:33:17 · 6 answers · asked by shaliekma 1 in Business & Finance ➔ Renting & Real Estate
Many banks have programs called "Keys for Cash." It avoids the eviction process for them and promotes good will. Contact the lender to see if they have such a program in your area.
Best of luck to you.
PS that is not depending on easy money. She is being evicted from her home through no fault of her own.
For those of you who have not heard of it, here is an excerpt from The Boston Globe:
Despite the rule that only a judge can evict you, the Boston Globe reports,
“most tenants do not get the benefit of judicial intervention. The new owners of foreclosed properties routinely send notices to tenants ordering them to vacate within 90 days, said lawyers involved in housing issues. Often the order is sweetened with a cash incentive for leaving quickly, known as "Cash for Keys," generally $500 to $1,500. Many tenants take the money and go.”
2007-12-06 04:51:10 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I have never heard of it, but I suppose to avoid the eviction process, some lenders may just pay you to move out.
However, if that is not the case, having an eviction on your record won't endear you to potential landlords in the future.
You may do well just to move out.
2007-12-06 05:01:31 · answer #2 · answered by godged 7 · 0⤊ 0⤋
many actual everyone seems to be shifting in a foreign country using low-fee climate, yet be beneficial to do your learn till now purely upping and leaving, this is a no longer basic technique procuring and merchandising in a foreign country you are able to desire to correctly known what you're doing or know somebody that does. good success x
2016-10-19 10:02:41 · answer #3 · answered by ? 4 · 0⤊ 0⤋
If you have a lease that is not up yet, then they will most likely make an offer to buy you out of that lease. This is because a lease is a legal contract, and they either have to abide by that, or buy you out
2007-12-06 10:15:17 · answer #4 · answered by Pengy 7 · 0⤊ 0⤋
Haven’t heard that one. They’re more likely to evict you so the home is always ready to show.
2007-12-06 04:36:16 · answer #5 · answered by Anonymous · 1⤊ 0⤋
I have my doubt. Avoid depending on easy money.
2007-12-06 04:37:29 · answer #6 · answered by Anonymous · 0⤊ 0⤋