Q: I am renting and have been served forclosure notice. What steps shoyld i take?How long do we have until me must move?
We have been paying rent and i am scared that we will not receive our security deposit and if i should even continue to pay rent?
A:
A foreclosure case can take from several months to longer. If and when the foreclosure sale happens, the new owner may want to rent to you; you should talk to them at that time.
I would be surprised if you get your security deposit back. But you should continue paying rent. Perhaps it would be helpful to ask (in writing) for proof that the security deposit is ... secure.
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