Foreclosure ?? whats the process?

Question: Me and my family has been paying rent but the owner has not met the mortgage payments, not sure if he will. It is in default ready to go into foreclosure, does anyone no the process or the time frame we will have to find new place to live ??

Answer:
If a home you are renting is foreclosed, the sheriff will need to serve you a notice to vacate the property. Generally once you receive the notice, it provide you with 30 days to vacate. I would suggest looking into other places now while you have the time.

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