Red Flags for Renters to Watch Out For

1. Renters should be wary if the property owner has a foreclosure status.

Sometimes unfortunate things happen, and the owner of a property may be in foreclosure. If that is the case, the owner may continue to rent to their unsuspecting tenants, which is too bad. Landlords tend to take the first and last month’s rent, along with a security deposit. However, the landlord can still lease the property by the authority through a writ of possession. And it may sound outlandish. However, it happens quite often, and then the renters are without a house, despite paying all of the rent on time. You might not have as much legal recourse as you think when this happens, so be careful!