Are you a realtor or real estate attorney?
I discovered that my landlord has not paid taxes and assessments since Dec. 2008 on the property that I’ve rented for 2 years. My gut is telling me he’s going to foreclose and I’m trying to find out what my rights are as a renter. If the house does go into foreclosure, will I get my security deposit back? How long will I be able to stay in the property after I get notice of the foreclosure? I live in California. Any advice would greatly be appreciated!
yes i is not
I hope to become a real estate owner, so I can buy and sell.
Consult a California attorney. Laws vary from state to state, but here in Florida, and in your situation, a tax certificate will be sold shortly as real property taxes are unpaid, and after a year, the home will be sold on the court house steps. In reality, many renters are simply “squatting” in these homes that are destined for either foreclosure, or tax sale, and that may mean in your state that time is on your side, and you can live rent free for a time. Remember; your money is always best in your account during these tough times in real estate.