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Apartment In Foreclosure

  Ms. Lank: I live in a house that has two apartments and I received documents stating that the house was in foreclosure.What does that mean for me? Should I start looking for alternative housing?—via e-mail
 
 

A lease usually remains in effect after the sale of real property, but it doesn’t after a foreclosure. It’s your call – find other housing and move out, or wait to see what you can arrange with the new owner

      
                                                                                                                                                                                                                                                                           

    Edith
Originally published on October 6, 2006
 
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