Fannie Mae now owns the property I rent. Did I have 90 days after the foreclosure initiated back in December when the REO agent showed up at my door…or am I okay to live here until somebody else buys the property? I actually have no intention to stay once a new “buyer” comes on board since that wouldn’t be fair to them. But I’m simply looking for a due & fair process; i.e., not to be evicted with three days notice as the law firm’s letter states.

One other thing, my original lease was for one year. I am now close to finishing the second year of renting here. But after one year, the landlord & I continued on at the existing rate of the original lease contract; basically, month-to-month with no price increase. Looking back at things, I guess he was happy to have a good renter paying on time each month and/or maybe knew that he would eventually have to default, etc.

Thanks in advance for your response! R.C.

I had a court order that told me to go home and cont.
my payments.

The Judge would not decide on my the case. Told the seller she was in alot of trouble. She did not own the home and had no license to sell the owner. She had apparently figured out a how to get 3,500 down from me and 775. month. “interest” only. 5 years to get it refinance. I did all that it state after 2 months she took
me to court on weeds (which I was not introuble from
the city.
They tried threats/trickery and couldn’t convience me Ihad to leave…the owners let the house go back to Citibank…I emailed everything I could think of stating I
did not want cash for keys the foreclosurer atty emailed and told me if I worked out something with the
reo they would let hime know. The reo emailed me twice between threats that “all tenants had to received “at least 90 days notice. Well I didn’t I agreed twice that that was a start…instead friday night at 5:05 civil sheriff, that had closed at 4:30 posted 72 hours.
Monday morning I got the email from reo last chance be in my office and sign cash for keys by 3: or Lock out is at 8:30 am tomorrow My cripple son and I packed what we could because after signing the cash for keys against everything we said previous…it was 10 mins before lock out when the sheriff finally got the call from reo ‘like oh by the way I should have called yesterday!”
anyway we stayed for 3 weeks and finally wiggled into a place 2 hours before lock out again…no time to mow
the place would pass anyway the person hadn’t come back to do clean up from last tenants mostly garage and laundry room that we lived around all this time.

The Realtor and the Bank just went ahead a filed an illegal eviction anyway KNOWING the owner did not reside at our home and that ALL OCCUPANTS are tenants and bonafied tenants under lease and KNOWING we are protected by federal and state law.

Now we have to hire an attorney, answer the suit in OC Superior Court, and do all this while my son is having recurrent epileptic seizures, my mom is in the hospital from a stroke she suffered from the melee, I am a single mom with three kids, and I am being evicted.

By the way, the FORECLOSURE on the owner was ILLEGAL as well!

Go Bilderbergers!

They are the lawyers THEY SHOULD KNOW THE LAW and what to give a tenant.

I am so angry over this mess I am in the middle of AND for all the people who lost homes. The nerve of the lenders considering THEY created this crisis and who bailed them out?

THIS IS AMERICA? how sad