Very important about foreclosure?

Question

ok, here it goes, rented a home from a lanlord sept 2007. The owner decides to sell home because she could not afford the mortage.

So aug.19 2008 we get a notice in the mail by suntrust mortgage saying that we have to vacate in 5 days. Can someone please tell me the law, because vacting in 5 days with 5 kids would be so hard

Answer 1

They are giving you 5 days before they file an eviction.

If you do not mind an eviction on your record then you have another 30 days or so.

I am surprised they did not come to the house and offer you cash for moving, most banks do.

If you need a few extra days call the mortgage company and explain this to them, they would rather skip evicting you if they know you will be moving anyway.

Answer 2

the 5 day notice has NO Meaning.  NONE, as long as you are paying rent and can prove it.  TO be evicted, you must be sued in court.

YOU must be given a chance to go to court to rep yourself.

as my peers would agree, with rare exceptions, leases go with the

other assets of a property.  YOU are legally entitled to stay in your

home till your lease expires.  If, of course, you are on a month to

month lease, the can give you a 30 day notice to vacate.