Q: Owner dies and still has mortgage and has renters. No contact from any
Noone said anything until found out by junk mail it's going up for forcloser auction in just couple weeks.
Isn't the tenants allowed any time to have to be out . The mortgage company doesn't know that the person on the loan has even passed . Don't they have to send something out to all of stating when we have to be gone. ? We haven't gotten anything from noone.
A: After the Foreclosure the new owner will probably start taking possession. Those tenants get a free ride for awhile but will need to be looking for a new place. They can contact the lender directly and attempt to arrange a month to month lease, but I do not recommend it.
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