Posted by & filed under Foreclosures.

Over a thousand Stockton renters will receive notice this week that their landlord may be facing foreclosure. Almost half of Stockton’s foreclosures are rental properties. All renters should know their rights and not let banks and real estate agents push them into moving out until they have exercised those rights. According to Federal law a minimum 90 days notice is necessary before renters can be forced to move out of a foreclosed rental property. Renters with a lease may continue living in a foreclosed property until the lease expires unless the new owner intends to live in it. In order to check if your rental is possibly in foreclosure call the Tenants Together hotline at 888-495-8020. If you are interested in the Stockton foreclosure market, feel free to contact Pat Holkesvig & Your Home Team experts at 209.471.6516 or complete our Contact Us form.

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