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Posted by steele in minnesota on May 09, 2008 at 07:56:54:
In Reply to: Re: foreclosure process posted by Jerry - Ca. on May 08, 2008 at 14:54:40:
This is usually addressed right in your mortgage documents. Often the lender does have rights to rental income. So as everyone else has said, be aware.
May not go after you but do nothing to hide the fact that you are renting this out. If asked, tell the truth.
Steele