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Updated almost 11 years ago,
Foreclosure Without Notice/
I have a great landlord. He own the entire city block i live on. Last week the 14th of january the property i have been living at for 4 years was sold at auction on the court house steps. No notice was givein to the trutee or any other parties that this was going to take place. I just renewed my lease again on the 6th of january but that does not mean squat if the new owners wish to take possesion of the property within 90 days and claim they will be living on the property. That kills my new 1 year lease here in Floridah.
Question: Can a foreclosure take place without the trustee's knowledge? They are currently in Chicago and just got the news. They are furious. I even had the new owner come up to my place and ask if my Jacuzzi came with the building.