rental home being auctioned in CA

By needhelp

So here’s the backstory:

The owner of the house I am renting is currently restructuring her loan (undergoing loan modification), but the house has been put up for auction by the bank for later in May. I need to know my rights for what will happen in the following months, so here are a few questions.

1) If her loan mod is not approved, how soon can the bank auction the property  

2) if the property is auctioned, what is the shortest amount of time I will be given to move out if the new owner doesn’t want to lease? (I am on month-month).  

3) What rights do I have as a renter in this situation?  

4) Should I keep paying rent to my landlord or should I withhold rent until we know if we are going to be evicted?  

5) The bank still hasn’t let her know about her new loan mod, I don’t know specifics, but is this "dual tracking"? 

6) How can I find out when the bank lets her know? what sources do I have to track the progress of her loan mod/the house’s auction if she’s not being cooperative?  

I am in CA, and can ask the landlord questions for the next 2 days as she’s here. Please advise!

Edited on: Wednesday, April 23rd, 2014 11:27 am

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