It happens constantly. Oh, my landlord didnt tell me. Oh I had no idea. All over the state and country auctions are happening and the tenants who are renting the house had no clue. They payed their rent and the owner spent it on anything but the mortgage payment. It is sad but dont worry. Here is some advice:
1. Let the investors look around. If they like what they see and can buy it they will.
2. If they buy it, they want to sell it. They will give you $ to leave so they can sell. This will work in your favor! You may end up getting back what you spent in rent!
3. If you have the means, get money and register at the auction! You could own what you live in!
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