Auctions can be postponed for very long times. If you are paying on time, you have tenant rights. The mortgage owner can not evict you, until you stop paying your rent, or your lease is up for renewal.
The mortgage owner may offer you money to buy you out of your lease.
In case the home goes up for sale, the new owner must abide by the lease, and can not evict you unless he will occupy the property (owner occupied).
In cases of owner occupied, you have 60 days in which to vacate.
Any questions, or additional help needed, Call, text, or email me.
Coldwell Banker Residential
Tel. (310) 463-8088