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Updated about 12 years ago on . Most recent reply
Occupied REO confusion
I recently bought a REO home that is occupied with a tenant. I am wanting to move into the property with my family, but it is currently occupied with a tenant. The house was foreclosed upon by the old owner back in July 2012, and transferred into the bank's name at that time. I am confused on whether or not the Protecting Tenants in Foreclosure Act of 2009 still pertains to this property since it technically isn't a foreclosure anymore? Does anyone have any helpful words of advice? Any answers are greatly appreciated!