M
mloopy1
Guest
I have entered into a lease agreement on an option to buy. The lease if for 18 months and I am in the second month of it with the purchase being at the end of the lease.
I received a call from the homeowner stating that they had defaulted on their mortgage and the house is going into foreclosure. I do not have great credit and cannot get a mortgage myself until January 2002.
I would like to know if I am legally obligated to continue to pay rent on the home if I know I am going to asked to leave in the near future. I beleive I may have 4 to 6 months and will need to relocate unless something else happens.
I received a call from the homeowner stating that they had defaulted on their mortgage and the house is going into foreclosure. I do not have great credit and cannot get a mortgage myself until January 2002.
I would like to know if I am legally obligated to continue to pay rent on the home if I know I am going to asked to leave in the near future. I beleive I may have 4 to 6 months and will need to relocate unless something else happens.