Rights of Renters in Foreclosure
When the bank forecloses on the landlord, federal law protects the tenant.
Protections for Tenants After a Landlord’s Foreclosure
The federal Protecting Tenants at Foreclosure Act of 2009 (PTFA) ensures that renters have adequate time to find alternative housing after the home they’re living in gets foreclosed.
Tenants Caught in Foreclosure: Who Gets the Rent?
Learn to whom tenants should pay rent when landlords fall into foreclosure.
Foreclosure and Renting to a New Tenant: Tenant Remedies
If a landlord rents out property knowing it will soon be in foreclosure, what can the tenant do?
Do California Landlords Have to Notify Prospective Tenants of Foreclosure?
California law used to require landlords to warn prospective tenants when the property they were looking to rent was facing a foreclosure.
Tenant Evictions After Foreclosure in California
In California, the new owner of a foreclosed property must perfect title before serving tenants with a three-day notice to quit.
What’s a Debt-to-Income (DTI) Ratio?
If you’re applying for a loan modification, your debt-to-income ratio is important.
What's "Cash for Keys" in a Foreclosure?
If you lose your home to a foreclosure sale, the new owner might offer you a lump-sum of money to voluntarily move out. This kind of transaction is called “cash for keys.”
What’s a Credit Bid in a Foreclosure?
At a foreclosure sale, the foreclosing lender usually makes a bid on the property using what’s called a “credit bid.”
What Is an Acceleration Clause?
In a mortgage contract, an acceleration clause is a provision that permits the lender to demand that the borrower repay the entire loan after a default.