So for those of you who are not located on this side of the pond and have left the family diary with pictures of our Christmas tree and Thia expecting Santa’s visit, things have changed a bit…
We have to move out of our house or face the law!
Why?
Well, we have been good tenants, signed a one year lease with an agent (left a huge deposit), paid our rent on time, taken care of the house as it was ours but the bargain seems to not have been respected on both sides…
The people we are currently renting our Toluca Lake house from have been renting us a house whose owner went into foreclosure without letting us know that this was the case. We all know that foreclosure is the new Black in California but didn’t think we would be impacted by this new fashion!
We found out in October that things might not have been as we hoped for when a first realtor knocked at the door and explained to us that our house was to be auctioned later that month. Shock, horror and immediate phone call to our managing agent! After having discussed the matter with them, we were told that everything was fine and that they were in negotiation with the bank to pay the debts and buy it from them.We believed them!
It turned out to not be totally true and according to official registers and a visit from another realtor, we have found out that the property had been sold on auction around Xmas time. Our current agent claims that they are suing the bank, are trying to reverse the sale and have even provided us today with a copy of the case, a nice rebate on the rent and assuance that everything is fine. Sadly for us, in the meantime we have been (not so) kindly asked to vacate the property within 30 days by the new owner and their agent who cannot sell the place as long as we live in it and hence is losing money by the day in a declining market.
We have tried to turn for legal help (useless) and have the help of a realtor friend of ours but this doesn’t change much the fact that if we stay where we are, we would face an eviction for unlawful occupation, despite having a signed lease (amended yesterday actually) and that we are still paying our rent (we fools!). Such eviction would result in a pretty bad record and hell for the next 7 years!
So, we are on the road again! Sarah is visiting house after house and we are trying to negotiate an as amicable as possible way out of this mess (but one thing is sure, we wont go down without a fight!)
Stay tuned and wait for the next (now usual) post about the “new” house!











