When The Landlord Falls Behind On The Mortgage
March 3, 2015
Why pay your rent if the landlord is in foreclosure?
More important – who gets the rent if the bank is in the process of taking back the property?
And what if you’re the property owner, struggling for dear life to hold on in the face of foreclosure? That rent money is probably all that’s keeping the lights on and the electricity flowing.
On today’s episode of Money Go Roundtable, we’ll walk you through your options as a landlord. And for tenants, use this as an opportunity to see what’s going on behind the scenes.