I don't have an answer - but am in a similar situation in Hesperia, they posted the "Notice of Trustee Sale" on my door on 7/1, house will be auctioned on 7/21 but for way over what the house is worth. When we moved in we paid first, last and an extra month's rent because we didnt have good credit. The landlady wrote us a letter saying we were paid for July and she wasn't going to give us our security deposit back (which was the extra month's rent) and that we might be able to stay in the house for the month of August. I am getting all kinds of stories in regards to foreclosures and banks taking over properties, what I want to know is can you deal with the bank to continue paying rent? and - how long does it actually take before the bank kicks you out, I've heard anywhere from 3 days to 12 months. What happened in your situation? Do we have any rights? - Wed Jul 9 2008, 07:36
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