Emma
We are renting a house in San Jose, CA. On April 22 2009 there was a "notice of trustee sale" taped to our door, advising that the property was going to auction on May 11, and that if it did not sell, ownership would revert to the bank. We discussed this with our landlord, and several days later he advised us that he had been granted additional time to negotiate with the bank, and that the trustee sale would be postponed for at least 90 days.