PAY YOUR RENT!!!!
My Last landlord foreclosed on me in March of '08. We were lucky that she gave us a heads up that she was letting it go to forecloseure so that we could start looking for a new place. I sought legal advice and if you don't pay rent they can evict you and have you arrested. Totally sucks cause you know they are just pocketing the money, but because your agreement was with the landlord and not with the mortgage company, you are legally bound to pay rent. They have the right to do whatever they want with the money you give them. Again - completely bites! We did work out a deal that I would not pay the last month and not get my deposit back. I too tried contacting the mortgage company and got the same thing - can't give you any info.
I did find out that if you stick it out until the very end - cause you know you are probably not going to get your deposit back if they are in that much trouble... Any way if you wait until the mortgage company takes over you can usually get them to pay you to move out peacefully and to leave the house intact i.e. no damage and all the appliances still there. I forget what it's called - something about "cash for keys". But in essence they spend more money paying to evict you, replace appliances or fix problems casued by disgruntled tenants that if you agree to vacate the premises within 14-30 days (or whatever you agree on) they will give you a decent sum of cash to get you into another place. I chose not to do that, afraid that if I waited I wouldn't be able to find anywhere suitable to live.
My current landlord told me she has a large debt coming due and may let the bank take possesion of the property I'm on now. I thought "oh great here we go again". I'm crossing my fingers that there will be some chance in @$%! that we can qualify to purchase the property ourselves if and when she does need to get rid of the property.
Good luck all - I feel your pain.
Karen
