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I understand that your point probably is "as long as you pay your mortgage and taxes, no one can kick you out". I think the likelyhood of being kicked out in bo
by TamDenholm 16y ago
I understand that your point probably is "as long as you pay your mortgage and taxes, no one can kick you out". I think the likelyhood of being kicked out in both instances is extremely low if you continue to pay your rent/mortgage.
- ericb 16y agoIn the 13 years that I rented, I was forced to move once because the landlord's kids were moving in, once because we had a baby and the apartment had lead paint, and once because the building was being renovated. My point wasn't merely theoretical.
- rahoulb 16y agolast year there were a number of stories in the UK press (not that that is necessarily an indicator of accuracy) about renters having a month's notice to move out as the landlord had defaulted on the mortgage (and not informed the tenants).
- gamble 16y agoThey were lucky not to live in the US! Since the foreclosure crisis began, a lot of people have found out their rental home was foreclosed when the sheriff showed up on their door to evict them.
- sixtofour 16y agoLeases expire, and owners' circumstances change.