Lease option renter foreclosure

Posted by Calif. lease/option on March 29, 2008 at 20:10:54:

We were doing a lease option for 18 mo. and now that we have accrued the $5000 from the $300/mo. option, and come to find out the owner is going into foreclosure in 45 days. Not only that but now the owner says he doesn't recall any option he thought it was just rental. Does that mean the bank is going to come and place a lock on our door at that point of foreclosure??? Thanks for any response

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