Location: Texas
Submitted 06/03/12 08:20 AM

Q. I am currently renting a house in Houston since August 2010. I got 2 notices from the Mortgage Company addressed to the owner of the house. The house is managed through a management company. I gave them a pretty big deposit and I am afraid the house is going to be foreclosure and I will loose my deposit. I already asked the management company but they claim they don't know anything. How can I find out if the house is going on foreclosure? How can I get my deposit back? The house has being kept in excellent condition and I have paid the rent every month on time. Please advise. Thank you.

 

Answer #1
Submitted 06/03/12 09:26 AM
Karen Fiddler, Broker/Realtor, Mission Viejo (HOM Sotheby's Intl Realty, 949-510-2395): Agent in Laguna Beach, CA Karen Fiddler, Broker/Realtor, Mission Viejo (HOM Sotheby's Intl Realty, 949-510-2395)
Agent
Laguna Beach, CA

Contact Me

A.

Hi,

If I were you, I'd contact a real estate attorney and pay for some advice. The management company should have some responsibility to know about the status of a home. Also...do they hold the deposit or pass it onto the owner. If they hold it, you should be fine, but if they pass it on, then you should do some investigating.

Talk to a lawyer, they can give you the best advice.

Good luck with this, many renters are in the same position.

Karen

Answer #2
Submitted 06/04/12 02:30 PM
Ally Schutte, Ally Schutte (Land Home Financial Group): Mortgage in Los Angeles, CA Ally Schutte, Ally Schutte (Land Home Financial Group)
Mortgage
Los Angeles, CA

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A.

I wouldn't contact an attorney and lose more money. the information you need is public record.  email me the address and Ill look it up for you.  And then from there you can take the notices and info to the management company and owner.  I am not giving you legal advice but your rent is due now correct?   Do this sooner than later

Ally Schutte

760.712.5608

Allyschutte@wjbradley.com
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