Sell on Land Contract, what happens if I get foreclosed on?

[Brian Cooke]

First things first, I plan on making 100% of my payments, have never been late on a payment, etc. I have 0 expectation of being foreclosed on, but the question came to mind and figured I'd ask as a hypothetical.

Say I buy a property with bank financing, then turn around and sell it on land contract. Buyer moves in, makes improvements, enjoys their life... and my bank decides to foreclose. What happens to the buyer? Do they get kicked out of the house because they don't hold title? 

For fear of this, if I were buying on land contract I would want to make payments to the bank directly or see monthly statements from the seller showing it is being paid, but not all buyers think about that.