Foreclosure of Investment Property: Workout Options
If you are struggling with mortgage payments or facing foreclosure of an investment property, you may be able avoid foreclosure with these options.
Does HAMP Apply to Rental or Investment Property?
The Home Affordable Modification Program (HAMP) is part of the government’s Making Home Affordable initiative. HAMP modifies existing first-lien mortgages to lower the monthly mortgage payment.
Rights of Renters in Foreclosure
When the bank forecloses on the landlord, federal law protects the tenant.
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?
California Landlords Must Notify Prospective Tenants of Foreclosure
A new California law requires landlords to warn prospective tenants when the property they are looking to rent is facing a foreclosure.
Illinois Renters Caught in Foreclosure: What Are Your Rights?
A new Illinois law allows a tenant whose landlord has lost the rental house through foreclosure to stay in the home longer.