what happens when the house you are renting is foreclosed?

The lender owns it instead of your previous landlord. If you have a lease you should be in good shape, if not just pay attention to any mail or phone calls - just make sure it truly is the new owner. You may be allowed to stay for a while, partly depending on the lender and state laws. Good Luck!

Good question, new owner may or may not honor the lease and if not try to negotiate 60 days to find suitable housing

Here in AZ.. you can be forced to move within 30 days.. check with a local attorney to see what your rights are in your state.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com