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Real Estate & Property Law

: The Home Equity Theft Reporter

Lease-Option Tenants In New Townhouse Development Caught Between Conflicting Demands For Rent From Builder In Foreclosure & Stiffed Mortgage Lender

By r morris (all)

In Bakersfield, California, KBAK-TV Channel 29 reports: Creekside Townhomes is a row of 32 units at 500 White Lane. Tenants can lease to own, but the project is facing financial troubles.***On Dec. 22, tenants' received a letter from a law firm representing First Regional Bank. The letter tells tenants' to make all future rent payments directly to First Regional Bank instead of to the landlord,

Full post as published by The Home Equity Theft Reporter on January 17, 2009 (boomark / email).

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