Why should I pay the rent if the owner isnt paying his mortgage?
The law is clear on this point: you must pay your rent. Like the old axiom that a defendant is innocent until proven guilty, the court gives an owner a chance to redeem him or herself until the foreclosure is final. Since the owner is assumed to be making every effort and since they may rely on the rent to make it work, you are still under legal obligation. NOTE: Some owners actually use this as a strategy to pressure the bank into modifying their loan and getting better terms. So, don’t assume the worst.
