Final judgment has been rendered. Sale date scheduled. We inquired to our landlord rep as to what is going on, having received copies of the court papers in the mail addressed to occupant. It is owned by a trust LLC, I am thinking REO or some kind of receivership or something. When we received the final judgment and sale date, which was just a month away, we again asked what was going on. She assured us it was okay, that their in house counsel was going to stop the sale. Yesterday we received the plaintiffs motion to cancel sale to allow for the defendants time to review all loss mitigation alternatives to foreclosure through the FHFA program. Today, we receive the order from the judge, motion to cancel denied and the plaintiff is to provide copy of the notice of sale to a newspaper.
So, now what happens? The sale date is September 3. Should we pay September rent? Should we just take a wait and see stance? Our lease is up mid January. We are currently living in the Daytona Beach FL area. Thanks.
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