My landlord didnt pay mortgage and house foreclosed- what can I expect?

The home we rent was sold to the bank 3 days ago. Our landlord said he will return our August rent and security deposit.
Now we’re just waiting to hear from the bank.
We already know our RIGHTS, but I’m curious to know the experiences of anyone else who has been through this. Our attorney said we could be contacted any day, or it could be months. We were also told some lenders will pay the tenants to move.
Any personal experiences or insights would be great.

Posted in Landlord Tenant Law.

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