You all KNOW that I love you, and I know I've been seriously missing in action; however, I've been busy, busy, busy. It seems that once I stopped being obsessed with Active Rain and missed a day here and there, that it just became easier and easier to put it off. Today, I have a rant I want to share. I don't know how to stop this, or even to protect the consumer, but here goes:
In just the past few weeks, in our Phoenix and Mesa, Arizona valley, I have heard of two instances where a tenant signs a lease, pays a deposit, and then moves into their home - only to find out months later, that the rent they have been paying to the landlord has not been paid to the lender; therefore, a Notice of Trustee's Sale is delivered to the owner. 30 days before the Trustee's Sale, a notice is posted or mailed to the present 
tenant notifying them they have 30 days to move. Gone is the deposit and tenant must find a new place to land within 30 days! These landlords must be guilty of some law, don't ya think?
This is absolutely ridiculous, and I, for one, am trying to figure out a way to prevent this from happening. The tenants should be able to receive notification of payments being made to the lender. Must I suggest there be included in the lease - a stipula
tion that the tenants are privy to the lender information and will be notified if they are in arrears? As a holder of a second, I have that right. There must be a way to protect these tenants.
What will the crooks think of next? (I really don't want to know).
Please tenants, protect yourself. Do your research....work with a reputable homeowner or property management company. Beware of the unscrupulous ground huggers out there just waiting to rip you off!
How do I "really" feel about this? Greed has gotten way out of hand. No wonder our country is in such shambles financially and morally!!!
Have any of you experienced this? Any suggestions for preventing this type of abuse?
Mesa, Arizona Real Estate. Call me at: 480.216-3334 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. Feel free to visit one of my websites: HomesAzRE.com, MoveToMesaAz.com or MoveToSunnyAz.com. Or stop by my blogs at: MesaAzRealEstateVoice; or Phoenix Valley Real Estate Blog
Mesa, Arizona Real Estate. Call me at: 480.382-8711 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. Feel free to visit my website: HomesAzRE.com, or stop by my blogs at: MesaAzRealEstateVoice and AzLadyInRed!
