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Updated over 6 years ago,
occupied foreclosure, why did the bank ot evict?
I have been looking at some foreclosure properties and some of them are occupied.
Why would a bank foreclosed property not evict folks that are in the property prior to selling it if they are not renters with a lease?
If they are renters with a lease, it would have to be a long lease for the lease to still be active after the foreclosure process is complete. It seems that the bank would get a lot more money delivering the property empty.
What kind of possible headaches would it be buying a house with someone in it? I am assuming it is a past owner who does not want to leave.