Don't stop paying the rent. According to recent laws, you have 90 days from the time that the property changes hands before you have to leave. If you stop paying rent, then you are considered in default of the terms and then could end up losing your securtiy deposit and more. What I would do is monitor the foreclosure process, and then once you are notified that the property has switched hands start looking for a new place to live. The bank may ask you to stay for the remainder of your term, or they may even offer you some move money for you to terminat the lease. Keep in mind that you have 90 days once things change to find a new place to live. Don't stop living up to your agreement because if the bank stays the foreclosure you could be in default.

Jimmy Mulhern