Ask Curbed: Foreclosures As Rentals?: “I've been looking at apartment ads…

"I've been looking at apartment ads on Craigslist lately and the listings have been flooded with ads from a company purporting to offer foreclosed houses for rent at seemingly ridiculous rates (4 bedroom house for $1290 per month, for example). They all seem to be placed by one company and it has a distinct Eau de Scam about it. I don't call the 800 number myself to satisfy my curiosity because it would make me feel, you know, stupid, and I worry I will wind up laundering money for a Nigerian prince. Does anybody know exactly what's going on with this?" Here's one listing and one company that seems to be all over Craigslist.For more stories from Curbed LA, go to

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