Your rights are distinct from your options.
Your rights take time & money typically to enforce.
You are not a party to the foreclosure action.
We have a client closing this month on another bank owned property,
if your looking for a vacancy.
May we discuss some of your options?
a. Buy the property.
You live there, no moving, bank sells at a discount so you get a good deal.
The rental market slows in the 4th quarter with holidays,
so action is in your best interest.
c. Buy another property.
What if I could absolutely, definitely, without a doubt or question prove to you
you could own for less than rent?
Keller Williams Realty Premiere Team
I'm sorry for your situation. First, I would call the owner and ask them what they know. Serving notice is a necessary step, it does not automatically follow that the house will be sold. Your landlord may be pursuing options which could keep you in the house for a while. If you speak to them, and they are unaware of their options, encourage them to speak with an attorney or agent.
I would begin to check out other rentals, at least on line. You will be entitled to some time in the house after a foreclosure, if it does happen you will be moving so begin to explore your options.
Finally, your rights are stated in the PA Landlord Tenant Law. I've attached a link to a handbook on the subject. Your situation is not uncommon, so do some homework and be your own best advocate. Best of luck.
It is inevitable that you will have to leave the house at sometime....so be prepared for that. As far as seeing an attorney goes, that might be the course of action when you know who you are dealing with. Until then I would sit tight, pay your rent (keep copies of everything) and wait to be contacted. If someone knocks on the door and tells you to leave...get names and contact numbers...and call a lawyer. Some folks that buy these houses try to bully the tenants...that's illegal. So, don't do anything to get thrown in jail, keep good records and think about the next place you want to live.