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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Chance of success? About zero Posted by Tom on May 13, 2009 at 7:12 AM In Reply to: RENTERS IN FORECLOSURE posted by jonas on May 11, 2009 at 10:05 PM You didn't provide what state you reside in, but I doubt if it makes much difference. I suspect your first question is in a gray area ultimately to be decided by a judge if it got that far. You'd be surprised how little forethought goes into much legislation. Given the reward I doubt if the issue is worth your energy to fight it. Often homeowners who take boarders are desperate for money and they overcharge for what they're providing. While the point of a house sitter seems logical in the abstract it doesn't translate to reality. The last thing an institutional lender wants to do is to a gatekeeper (paying or otherwise) in a vacant house. Unoccupied houses usually don't show as well as occupied houses, but you can show them anytime without going through a gatekeeper. Big advantage! Ask any realtor. Granted there are some bad things that can happen to vacant property, but the neighborhoods that they're located usually aren't ones that you would want to live. I've been in the worst of the worst neighborhoods nationally and you're putting yourself in harm's way by entering them. People will say just about anything to get into or stay in a house, but often their attitude changes once they obtained their goal. You may not be that type of person, but the lender doesn't know that. That said, you might find a private lender who would fall for your logic. Your chances of finding that private lender would be like finding a needle in a haystack. I'd suggest you place your energy in finding new quarters. It's likely that there's a place better and greater value than your current quarters but it takes work to find such a place. Once you find it your problem is resolved for the foreseeable future rather than wasting your energy on a temporary solution. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : You didn't provide what state you reside in, but I doubt if it makes much difference. I suspect your first question is in a gray area ultimately to be decided by a judge if it got that far. You'd be surprised how little forethought goes into much legislation. Given the reward I doubt if the issue is worth your energy to fight it. Often homeowners who take boarders are desperate for money and they overcharge for what they're providing. : While the point of a house sitter seems logical in the abstract it doesn't translate to reality. The last thing an institutional lender wants to do is to a gatekeeper (paying or otherwise) in a vacant house. Unoccupied houses usually don't show as well as occupied houses, but you can show them anytime without going through a gatekeeper. Big advantage! Ask any realtor. Granted there are some bad things that can happen to vacant property, but the neighborhoods that they're located usually aren't ones that you would want to live. I've been in the worst of the worst neighborhoods nationally and you're putting yourself in harm's way by entering them. People will say just about anything to get into or stay in a house, but often their attitude changes once they obtained their goal. You may not be that type of person, but the lender doesn't know that. That said, you might find a private lender who would fall for your logic. Your chances of finding that private lender would be like finding a needle in a haystack. : I'd suggest you place your energy in finding new quarters. It's likely that there's a place better and greater value than your current quarters but it takes work to find such a place. Once you find it your problem is resolved for the foreseeable future rather than wasting your energy on a temporary solution. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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