Land lord hasn't payed mortgage in 8months the bank he ran with our money now bank is kicking us?

a regular joe off the street for all i no walks up one day says dont pay your rent the bank now owns the house your landlord has been pocketing your payment every month for a year the bank wants you out and might give you a little money sign here ill ask the bank if they will give you money to be gone in 30 days guy comes back next day says no but they will give you half of what you ask for which is a thousand bucks only if were out on the 15th and as long as there is not so much as a cigeret but left behind I have recently been strugleing with seveare deppression lost my job been denied help every clinic or hospital i go to and in the prossess of loosing a truck i purchassed last year and a few other things making it impossible to function is there anything i can do untill i can find help with the depression so i can think clear and funktion properly again

You can take the money and go somewhere else or do nothing and live there rent free until the bank kicks you out. If you wait you will probably save money (maybe alot of money) because evicting you will take time (maybe alot of time - depends where you live) but this will show up on your credit and hurt you for years to come, so taking the money may not be a bad idea (assuming you can just rent somewhere else). Also, why not ask them for more. Tell them they can have it in as-is condition if they give you $1500 (or whatever number you want to give), and by the way if they pay you to leave you won't let the place go to hell while they are evicting you. Do some research first and find out how long it will take them to get rid of you, and just quote them a number that is less than their probable holding costs.

Regarding the depression you've got to see a doctor about this. Best luck.

If Landlord hasn't been paying the mortgage..... you will probably have to move out.

No bank would send some guy to you with such a proposition. Did you call the bank to verify his identity? Did you call the landlord? What on earth did you sign? You are being scammed.

The bank can do this I see it every day.I am a loss mitigation specialist.The landlord pockets the money and you get kicked out with no chance of recouping any money that you had deposited.Next time you rent have him sign a paper that states if they go into foreclosure and you get thrown out he will pay you your deposit back and get it notarized.

There is legislation in most states right now amending Landlord Tenant Laws for tenants facing eviction due to the landlord's foreclosure. Some have already passed into law & have had the Landlord Tenant Laws amended to reflect this.

If the property is in deed in foreclosure, there should have been a notice mailed to "occupant" and also affixed to the front door.

What state do you live in?