[ale] OT: way off topic but help!!!!

[jwkite at gmail.com]

I am no expert by any means, but if the actual homeowner is foreclosed upon, then the bank would foreclose and take possession. They have two options 1) kick you out or 2) keep you as a tenant while they attempt to sell. You might want to contact the bank and proactively offer to remain as a tenant. 

You could also contact Clark Howard's action center. I know I have heard this discussed on his show before.

Good luck!

Josh Kite
------Original Message------
From: Scott Castaline
Sender: ale-bounces at ale.org
To: Atlanta Linux Enthusiasts
ReplyTo: Atlanta Linux Enthusiasts
Subject: [ale] OT: way off topic but help!!!!
Sent: Mar 24, 2011 11:43

Since I believe many of you on the list or at least some rent their 
homes instead of being actual homeowners I am posing this question to 
the list. I will be posing it as a hypothetical question due to certain 
circumstances that I wish not discuss at this time.

We have found out that the actual homeowner of the house we rent is 
delinquent in mortgage payments and has until April 19, 2011 to settle 
back payments with additional fees or be responsible for the full amount 
of loan, or I presume face foreclosure. Do I need to panic, or am I safe 
since I have already spoken to the property management company? I don't 
want to have Gwinnett SO knocking on my door to dump my stuff on the street.
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