http://www.minnesotainvestmentrealestate.com/misc-real-estate/tenants-and-short-sales/ How to find, buy, and own Minnesota investment property. Sun, 14 Mar 2010 20:00:42 -0500 http://wordpress.org/?v=2.9.1 hourly 1 http://www.minnesotainvestmentrealestate.com/misc-real-estate/tenants-and-short-sales/comment-page-1/#comment-1352 Minnesota Short Sale Mon, 06 Jul 2009 22:00:34 +0000 http://www.minnesotainvestmentrealestate.com/?p=985#comment-1352 You cover a good topic, one not often talked about, whether the renters will try hard to let the showings in, is a very good question, would the renters leave as soon as they hear you are selling? These are all good questions, nice unique topic. You cover a good topic, one not often talked about, whether the renters will try hard to let the showings in, is a very good question, would the renters leave as soon as they hear you are selling? These are all good questions, nice unique topic.

]]> http://www.minnesotainvestmentrealestate.com/misc-real-estate/tenants-and-short-sales/comment-page-1/#comment-1172 Minnesota foreclosures Tue, 07 Apr 2009 14:50:46 +0000 http://www.minnesotainvestmentrealestate.com/?p=985#comment-1172 The landlord may choose to continue making payments despite doing a short sale to decrease the damage to his or her credit (remember you can do a short sale without being late on payments). If the landlord is not making the mortgage payments he or she may be pocketing the rent. To my knowledge, if the tenant refuses to pay the landlord can still evict the tenant (unless the lease reads differently). Even if the landlord is not paying the mortgage payments, the tenant is still occupying the property (and causing wear and tear). The landlord may choose to continue making payments despite doing a short sale to decrease the damage to his or her credit (remember you can do a short sale without being late on payments). If the landlord is not making the mortgage payments he or she may be pocketing the rent. To my knowledge, if the tenant refuses to pay the landlord can still evict the tenant (unless the lease reads differently). Even if the landlord is not paying the mortgage payments, the tenant is still occupying the property (and causing wear and tear).

]]> http://www.minnesotainvestmentrealestate.com/misc-real-estate/tenants-and-short-sales/comment-page-1/#comment-1170 Minnesota First Time Home Buyers Tue, 07 Apr 2009 00:58:19 +0000 http://www.minnesotainvestmentrealestate.com/?p=985#comment-1170 This is something I've always been confused with: If the landlord starts missing payments to the bank and it's inevitable that the house will either go into foreclosure or be sold on a short sale, why would the landlord continue paying some of the mortgage to the bank every month; and on top of that, why would the tenant pay the landlord rent since the landlord is then POCKETING the rent!!! Are there laws surrounding any of these actions?! Seems like there should be. This is something I’ve always been confused with:
If the landlord starts missing payments to the bank and it’s inevitable that the house will either go into foreclosure or be sold on a short sale, why would the landlord continue paying some of the mortgage to the bank every month; and on top of that, why would the tenant pay the landlord rent since the landlord is then POCKETING the rent!!!
Are there laws surrounding any of these actions?! Seems like there should be.

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