Tenant Rights

If you are renting a home and it is foreclosed on the lender has to honor the lease.  Make sure you know your rights.  Lenders will take advantage of you. 

“Under the Protecting Tenants at Foreclosure Act, which Congress passed last May, tenants like Pearson are usually eligible to stay after the property has been foreclosed as long as they have a valid lease and are paying their rent regularly. Even renters on a month-to-month lease get 90 days to leave. ”

http://money.cnn.com/2010/02/18/real_estate/keep_kicking_out_tenants/index.htm?section=money_realestate&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_realestate+%28Real+Estate%29