Oh F@$#@@#$#$@@#$'n $#@#.
A very nicely coiffed lady came to our door about an hour ago to inform us that our condo has been foreclosed on.
#@#$#!
And that the person we've been paying rent to since October is apparently not the owner of the property, like we were told.
Double @#$#@@#$#!
I've been spending the time since then reading up on Austin tenant law and trying to track down both the guy we thought owns the place (who has moved without giving us an address we're supposed to send our rent to) and the guy who apparently actually does, who lives somewhere out in southern Cali.
Further wrinkles just in... it seems like the sale from Cali guy to Austin guy maybe never went through, for some reason, though all parties thought it did? Oh how FUN it is, being in the middle of this!
Regardless, worst-case we have thirty days from written notice to vacate, which we don't have yet.
Holy poot. We've turned into a statistic!
Yeah I think your title says it all.
Plus...gaaaaaaaaaaaaaah!
Hope everything works out OK and with as little hassle as possible.
Posted by: bleeding espresso | Thursday, 15 May 2008 at 01:21
I will keep my fingers crossed for you up here - mainly because having to move is no fun - and you guys just moved in there!
Posted by: Albany Jane | Thursday, 15 May 2008 at 09:07
:( What a mess! If it's one thing I hate, it's moving. Good luck!
Posted by: Su-Lin | Thursday, 15 May 2008 at 18:27
Thank you so much, you guys! Now we're actually in talks with Wells Fargo about buying the place... maybe this is just the kick in the pants that we need to become homeowners! I'm feeling a little more secure, having read up on property law and all that good stuff.
It's just this giant sleazeball cluster that the initial realtor might lose his license over. It's really sort of hilarious - that is, if it works out in our favor.
Posted by: Girlie | Thursday, 15 May 2008 at 18:53
Rach,
Be sure to not just assume payments on the delinquent mortgage, since it was probably at an inflated bubble price. Consider an insulting low-ball offer to make the bank lose their shirts on the deal, then use the savings to hire an assassin to torture and murder the Austin "owner"/scumbag and his extended family, pets, etc. Let me know if you'd like any more advice on either of these points :) Whatever the original sale price was, consider your starting offer at around 60-75% of that.
Not that I'm violent or have rage repression issues or anything like that, but I have an abnormally low tolerance for malfeasance and malignant negligence. As far as I'm concerned, stealing my sister's money is a painful-death-and-family-shaming-worthy offense.
Posted by: Brother DJ | Sunday, 18 May 2008 at 12:17
Now that you've put up my torture/murder plan online, there's no way I can carry it out!
Thanks for the advice, and for sticking up for me. With every passing day, this guy and his realtor look sleazier. Collusion to artificially inflate prices in our development, et cetera.
Posted by: Girlie | Monday, 19 May 2008 at 19:39