Open Question: What happens to Renters that are in a home that has gone into foreclosure, in California?

Does anyone know how it works? How long do we legally have to move once the bank owns it, once they sell it, etc? Just want to know our rights, and yes, we are looking for a new place to live already. Thanks!! (Even though our actual renter's lease is not up until October 1st of this year.) more…

In a county foreclosure auction when you purchase a property do you get the deed signed over to you on the spot. What do you walk away with. I am trying to figure out how the paper work works, any info would be appreciated. thanks more…

Foreclosure filings hit an all-time high with a 65% year-over-year increase in April and a 4% increase from March, RealtyTrac reported yesterday (Wednesday). RealtyTrac Chief Executive James J. Saccacio said the 243,353 foreclosure filings last month was the highest since his firm began tracking the data in January 2005, The Wall Street Journal reported. "Although only about 2% of households nationwide are in foreclosure, these properties contribute to already bloated inventories of homes for more…

Tags: foreclosure, home equity loan